Many people are very active on Hive, looking forward to seeing the price of Hive reach a good value in the near future. There are so many projects inside Hive that are trying to perform better to hold their place in the crypto world. There are also many new projects emerging on Hive. This gives me a feeling that Hive will have good days soon, if not now. I remember that we used to have good ups and downs in the price of Hive. There was even a pattern that happened once a month, if I'm not wrong, where a huge pump happens, and the price slowly comes down. Many people made use of this opportunity and were ready to trade Hive back then.
Source - Gemini
I'm very happy that the price of Hive had a decent pump of about 2 to 3 cents a couple of days back. I was thinking that the momentum had gained to keep going, but unfortunately, the price came back to what it used to be. One way it is good for investors because we can make use of the opportunity to invest further, but for other people who are staying invested for a very long time, this is not a great deal. I was not sure what caused this pump. I saw the price of BTC was also doing well at that moment, and some other alt coins also had a decent pump. So I imagine it couldn't be a generic increase in the price because of the market conditions. Some people said that it was the Koreans again, but I don't think we know that for sure.
I have made some of my friends invest in Hive, and I have been waiting for the right moment to see if I can give them back their capital at least. Ever since they invested, the price of Hive has been going in the down trend, and I have nothing to tell my friends. They keep asking me if this is a good time to withdraw. Whenever BTC is having a good time, they keep reaching out to me asking if they can take their money out. I keep telling them that they have to wait for it. The moment has not been in favour so far. They invested when the price was around 50 cents, but today the price is very low, and they have lost like 10 times of their investment.
I'm actually happy to share that I did do a small trade during the last pump. I wanted to sell some of my SWAP.HIVE and I used SWAP.HBD and SWAP.USDT for my selling. I had the SWAP.HBD and SWAP.USDT in my wallet. The next day, when I was checking the market again, I noticed that the price had gone down again, but I was able to successfully sell. I decided to sell my holdings back and close off the trade. It was indeed a quick trade and a good trade. Though the value was very small, it did give me a good amount of happiness.
If like what I'm doing on Hive, you can vote me as a witness with the links below.
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