Mr. Cheaper Ali went to a market for buying some onions. Last week he bought 1 kg onion Rs.50 BDT per kilo. But the price of onion becomes Rs. 40 BDT per kilo today. In just one week, it has come down by Rs. 10 per Kg. Certainly, he got an idea, if he will purchase onion the next day, he will able to purchase onion less than Rs. 40 BDT and he will able to purchase more onion then today. So he left the market without buying Onion. The next day when he went to the market he noticed that onions price become down Rs. 40 to Rs. 38, it's made him very happy, and become more confident about his market analysis skills. This day he didn't buy any onion. Because he got another idea, the next day the price of onion will be down than today. Tomorrow he will purchase a huge quantity and when the price will raise he will sell the onions. In this way, he can make some profit. The next day morning he withdraws some money from the bank and went to the market in the afternoon to buy onions.
But Alas! the price of onion jumped up to Rs. 38 to Rs. 44. He becomes very angry for the previous day. Why he didn't buy some onion the previous day! What he will do now, after a few moments he felt that the price of onion is pumping it will more than Rs. 50 the next day. With his all money he bought 100 Kg onion with the rate Rs. 45. After buying the onion the price of the onion never grow up more than Rs. 45 within one month. It was always less than Rs. 45 through the whole month. After one month MR. Cheaper Ali has to sell all onion Rs. 40 per kilo.
People are having the same condition with Hive price for more than one month. When the price of Hive Started to going down, people who wanna stake Hive they were wishing to be down more and more. Am I right or wrong? If I'm right the logic is very simple, If I can purchase Hive at a very low price after a few days I can make a huge profit, So price down is a good sign for me. If I'm wrong, If everybody is wishing to price up of Hive, I'm damn sure they are not going to purchase Hive and they are not going to Stake Hive, they are going to sell the Hive.
The purchasing and Staking mentality can make the Hive market bullish very fast if you wish the market will go down more, then I will purchase some Hive and when the market will bullish I will sell it, in a word your thinking is not positive for Bull Hive market.
Continuous and active traders can push up the market price of Hive very easily. The maximum number of people working with Hive has a bad tendency we always wanna buy Hive when the price is very low and wanna sell hive when the price becomes very high. I have great experience in the various trading platforms. Crypto Like EOS, TRX, BTC, Etherium, BNB, NEO, DOT, LTC e.t.c have very active traders, the price movement of those cryptos is very fast, but the price movement of Hive is very slow in the maximum trading platform and the maximum traders are following the strategy of markets.
We should not wait for the lowest price point of the Candlestick pattern to Hive, If we are able to buy Hive when the price is high, then we can make it Higher. Always think you join in Hive today and today's price is the highest and lowest price of Hive, so buy it today and sell it today.
Thanks, 