Community post
Hive Declines
Sometime ago we talked about the bullish and bearish market on #Pobstreet, as at two days ago till date, something has been happening in the market...
The dip is high, the last time bitcoin had a dip, Hive stood firm and it was so Amazing and even Steem was still a bit strong..
But the reverse is the case now, crypto currencies are dropping and hive is dropping really bad, Since two days now hive has declined going back to $0.5..
Some people see it as an advantage, so they can buy and wait for "bullish" market, the decision is kinda difficult because no one knows if its still going to rise or lose value...
What should be your advice in this situation?
Source
Replies (4)
It is a tricky tricky situation I think one can buy the dip but don't buy with the money you are not willing to lose.
Rebalance your portfolio between Hive, HBD, and POB to have more value in Hive by buying Hive with HBD. Predict how far low it's going to go and buy more Hive at that price with limit orders. Back on September 7th, I made an order to buy Hive for HBD at H 0.90/Hive. These are in Hive dollars / Hive.
The world government has warned -- I mean "predicted" -- there will be power outages and internet outages. So, I guess people are moving money into physical assets.
Thanks for the advice
Yeah because we don't really know what might happen again..