Hey All,
Just imagine - $HIVE trading @ Dollar ONE? What will be your immediate plan and strategy moving forward? I was wondering should I book profits or continue to HODL & BUILD $HIVE for a long term perspective. As to me and I am sure for many people across the globe, HIVE is a wonderful/great platform providing opportunities to earn online and then these crypto rewards are being translated into a better lifestyle. That is why every single HIVE earned here on the HIVE Blockchain matters.
HIVE @ Dollar ONE
Currently with $HIVE trading near to half a cent, $0.45 - $0.50, we still have a long way to go to reach dollar ONE. But you know anything is possible in this crypto world. Some good sentiments or positive news around the associated blockchain can bring drastic move in the price of the token. So it lies true for $HIVE price as well. With the great amount of development activity happening here on the HIVE Blockchain and various dApps being built on top if is itself a testament to where we are heading as a decentralized platform which is - The Blockchain for Web3. We have a lot of ways here on HIVE where users can leverage the platform and earn from it. Now coming to the main point of - HIVE @ Dollar ONE & my plans around it. There are three things that I would like to do once $HIVE reach a dollar & they are::
Convert $HIVE to HBD
Yes, this would be the first step towards converting some liquid $HIVE to $HBD. As, I am looking forwards to enhance my stake in $HBD [HIVE Backed Dollar]. Therefore, I would be thinking to convert at least 2K+ of $HIVE to $HBD and put all those $HBD to the $HIVE savings account and earn a sweet 20% APR.
Book some profits & Diversify
Its been a long time that I didn't book any profits with my $HIVE investment. Till date, I have been focused in BULDing my $HIVE portfolio and enhancing my stake in other HIVe second layer tokens to generate passive income streams. But this time, if $HIVE trades around a dollar then I would like to book some profits i.e. the plan is to sell around 2K+ of $HIVE and diversify the income in other crypto projects..In brief, I am looking to invest in $RUNE, $ATOM and $BTC that's is the plan for now but may change based on their trading prices at that moment.
Finally - Have some liquid $HIVE in wallet
This is important and I guess you would have guessed iT.. right? Why I am planning to have some liquid $HIVE.. Have you or Not? As you can already see that I am already maintaining some liquid $HIVE already. Anyways, let me tell you as to why I am planning to have/maintain some liquid $HIVE.. The answer is simple - when HIVE pumps, we all know that pumps really hard and continues to rise exponentially. I'll not want to miss this opportunity and hence when $HIVE is @ Dollar ONE - I would also like to have somewhere around 2K+ $HIVE liquid in wallet so as to take advantage of $HIVE pumping exponentially.
Have Your Say...
What are your thought or plans - if $HIVE @ Dollar ONE? Do you plan to sell or leverage it to diversify your crypto portfolio? What do you think on my plans as described above? Would love to hear your thoughts around it in the comment box below? Cheers
$HIVE @ Dollar ONE - What will you do? My Plans
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Image Credits:: proconava license, peakd, hive-engine
Best Regards