Hive at 0.4074, Stochastic RSI bottoming.

(Edited)

Hive is currently priced at 0.4074. With Stochastic RSI bottoming, it seems like a good time to scoop up some Hive.

Screenshot 20230203 at 6.37.11 AM.png

I have resumed my DCA as I don't see Hive going below 0.25. No point waiting.

It might still test 0.30 so my gradual DCA of it could help me catch some cheaper tokens.

Not financial advice, definitely. Just that for me, I take bottoming RSI as a buy signal!

P/S: This is not financial advice, and please do your own due diligence before investing.

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What is Hive?

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21 comments
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Keep up with the DCA. I think of my investment in Hive as a ladder. I bought on different rungs of the ladder. As the price rises, I sell the profitable rung. Of course, everything I have read says that's not the way to do it, but it gives me peace to do it that way. I will buy again, but probably at $0.28. I have a good bit of Hive that I bought around $.082 so that's a high rung, so I will keep most of my HP. But the low rungs are going into HBD for now.

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I have a good bit of Hive that I bought around $.082

👍

peace of mind is important !

!PIZZA

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I think it will reach $1 or higher by year end.

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You watching Hive right now? $0.53 to $0.55? Fun run for sure!~!!

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Wow! I wasn’t tracking it until you mentioned! Cheers!

What a bummer that I sold my liquid hive at .48 or so with the sell order. But that made my 20% profit. Should be contented with that.

!PIZZA

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It was crazy for a few minutes. I was holding Riftwatcher packs that I purchased at $5 a pack. I was able to sell around 80 packs at $5.70. But then I had to convert the swap.hive to Hive and sell the Hive for HBD to lock the profit. The window closed pretty quickly. I wanted to sell 40 more packs but the market corrected pretty quickly.
image.png

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Congratulations on catching some profits!

Some elaborate maneuvers you have there! I guess it had to be that way because involves game assets. Someone could think of a way to work out a code to automate that in due course… I hope.

!PIZZA

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If you figure the APR, the return is probably much higher than 20 percent since you probably held the Hive for less than a year. If you make 20 percent every two months, then your return is 120 percent.

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Heheheh! You are giving me ideas! !PIZZA

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I do have to agree to some extent... It's been hovering at 0.38 to 0.42 for a while now and seems to be stabling out there.

I also do have some hivve boiling on the back burner now, perhaps if it spikes I should cut it loose abd wait for the next drop?

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Sounds like a great plan! !PIZZA

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DCA is a good way to avoid the price fluctuations but I am not sure which way the prices will move. Indicators are right until they are wrong but I don't think that should be an issue since you are DCA into Hive.

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It really wouldn't matter when Hive trades at $7.4 by 2025 🙂.. Just keep buying 😎

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