HIVE down 7% Trading around $0.30 cents - SOLD #HIVE to Buy Back - My Strategy Ahead...

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·@gungunkrishu·
0.000 HBD
HIVE down 7% Trading around $0.30 cents - SOLD #HIVE to Buy Back - My Strategy Ahead...
Hey All,

![](https://images.ecency.com/DQmW7DaorDrVjuLPaqK4KHyhyFvaL6yVw7ZYHEKmyhjX5ye/image.png)

Again not a great day for crypto and financial markets overall. The global cryptocurrency market cap today is $3.28 Trillion which is down like almost 4% when compared to the last 24 hours of trading. Speaking of #HIVE our favorite token has also taken a beating down 7%  and is trading around $0.29 to $0.28 cents. But the question is do we see the price of HIVE coming more down and to the level of $0.25 cents - what do you all think? I had around 14K+ HIVE on binance where I pooled it in the SIMPLE EARN program and there the APR [Annual Percentage Rate] keeps fluctuating it literally went down to 15% from where I started it was more than 50%. Here is the last image that I had shared in one of my post, though the APR shown is 36% but today it was 15% and I decided to exit from there and do something with the all the 14K liquid #HIVE that I had on Binance. 

![](https://images.ecency.com/DQmejajvBQvbSQjhJMT4H8EXiVS3sqCfNbCeHUuV4PDuhP6/image.png)

### SOLD #HIVE to Buy Back - My Strategy Ahead...

Yes, I decided to sell the HIVE for #USDT and wait for sometime to buy back HIVE. Not sure if this is going to be the right move or not but one need to take their chances. There is a plan so I had to take my chances and here is the sell order of HIVE executed and now I currently #hodl close to 4K+ USDT - What's the plan Next?

![](https://images.ecency.com/DQmT7whH5ew71g4KhZmP8XXkGGtu3ba3bzb5aeiU3arjjpC/image.png)

The plan is simple here which is not do anything for now and simply wait an watch the price movements of HIVE. Here is my plan and the following image will help to make it understand clearly. 

![](https://images.ecency.com/DQmXMnwpz4TEHymSvkGk6rnbygkFbCBvUy7fbEyaUfnfSiP/image.png)

I have place a buy order for #HIVE at $0.25 cents and if incase this gets executed I will get back 16K+ HIVE for the 14K+ HIVE that I have sold just now. I know it can go reverse way as well but then that's the risk one needs to take if they want to make some decent profits. Another sharp decline in the overall crypto markets could bring the prices of the major crypto tokens down and hopefully then my order could be executed. Ok what if the order doesn't get executed, I still #hodl 4K+ #USDT which I plan to keep holding and may will invest once the market stabilizes no point buying when prices starts spiking upwards. I did earn a decent amount of HIVE in the SIMPLE EARN program so with this plan execution even if I loose 200 or so HIVE that should be ok considering the larger chunk of HIVE I could buy if the price further falls. Lets see what happens in the next two days or so if I am able to buy back HIVE or I loose some dollars. I am optimistic though that things should turn in my favor and now just need to wait and watch the crypto markets game. Well this should be it for todays post around - HIVE down 7% Trading around $0.30 cents - SOLD #HIVE to Buy Back - My Strategy Ahead....Overall I am happy with the investment yield from #hive and buying more stake in second layer tokens here on the Hive Blockchain... Happy Investing & grab those all #hive when its being traded at these stealer price...cheers

### Have Your Say on #HIVE BUY Vs SELL #hbd conversion.. 

Selling Vs Buying #HIVE? Did you observe the spike in dollar value for your liquidity on hive-engine? Did you leverage the convert swap.hive and vice-versa service provided on Beeswap? Which service you do use while converting #HIVE & SWAP.HIVE? Would love to hear your thoughts around it in the comment box below? Cheers 

#### HIVE down 7% Trading around $0.30 cents - SOLD #HIVE to Buy Back - My Strategy Ahead...

#hivepower #hp #hive #strategy #hbd #crypto #cryptoinvestment #investment #binance #usdt #btc

Best Regards

![image.png](https://images.hive.blog/DQmf8M7sc1D6qBdBhsPoCWTLWSr2yEc1xXeBteBJrkFyB5s/image.png)

Image Courtesy::  hivestats, peakd, coingecko, binance

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects...
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