At present the scenario of Crypto market is very volatile. One can never predict what is about to happen to the market in the upcoming days. That being said, we are probably in for an epic ride which we have never seen before or it will be the other way around. There are multiple events lining up and we can never know what is about to hit or drive us due to these foreseen events.
HIVE overall is one of those coins which I can bet on very much efficiently. May that it be in a bull market or in a bear market. As there are multiple use cases which I can perform while I hold onto HIVE. This makes it one of the most promising coins which is a must hold coin in our portfolio.
I have been trying to get some HIVE over the last couple of weeks and months. So far I have not been able to accumulate as much as I wanted. It is like as if, no one can get enough of HIVE. Which is why, I came up with the idea of getting as many HIVE as possible for the upcoming bull run. My few strategies to accumulate HIVE :
- Keep creating HIVE contents and earn HIVE and HP
- Convert HBD to HIVE
- Buy HIVE from CEX with the profits generating from trades
- Doing some swaps and arbitrage here and there and gather more HIVE with the profits
The very first aspect is what I am doing right now. Writing contents on HIVE and trying to generate some extra HIVE. Thanks to all the curators and HIVE users who is upvoting my contents and going through them and sharing their POV regarding my posts. I am really grateful to each and everyone of you.
Once I generate a payout in terms of HIVE and HBD, I literally convert those HBD to HIVE via the internal market and keep on stacking HIVE. As this is the easiest and most secure way to keep my HIVE in check. Since the price does not fluctuate much like in those CEX it is easier to get the price which you are looking for out in here.
While I usually try to put out trades in different CEX. From where I do often get some profits and this is where I try to generate some extra holdings for my portfolio. This is where I try to keep a portion for my precious HIVE in check. I do try buying them at what price they are available. As I do intend to DCA in every possible aspect of the price.
There are sometimes some other prospects of trading where I do get some profits from here and there. Although, the amount of profits which are out from here is very low but yet I try to separate some of my profits and input those profits into HIVE.
I do strongly believe that HIVE can do wonders in teh peak of the market. As we have seen in the past, the liquidity which are available in the market for HIVE in CEX is comparably low, this makes it one of the most crucial and desirable coin to play with. As there are those whales who knows how money can be printed with these low available coins in CEX's. Which is why I am trying to keep some liquid HIVE in my portfolio as I would like to take the most benefit out of the price of HIVE, when it gets triggered during the peak bull market. I am doing my best and trying to accumulate HIVE as much as possible and just wait for the right moment to get in and make the best of the price action. Also do not forget that, whatever goes up shall eventually come down. As whenever this stage comes into play, I intend to dive in on HIVE and make the best use of the HIVE via powering them up and enjoy curating contents and help others grow along with my stake:)
Best regards
Rehan
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I.also see Hive as a promising coin despite the volatility of the crypto market nowadays. I have been converting some of my hbd to liquid hive...also buying from CEX from the airdrop profit I earn...
It's going to be my first ever bull run experience and I hope that holding hive would put smiles on my face by then.
It seems like most people convert their HBD to Hive and I can understand why. First it's the only way to really get it liquid and tradable and the second is the conversion rate is nuts and it's creating massive inflation on the token. Crazy how we are still at 15% We should be at 5% - 7% on HBD for a healthy hive price.