Hold HIVE? Or Jump Off the Boat?

I'm not offering financial advice, only my opinion. I am not a financial advisor. Please make your own financial decisions and invest at your own risk.

Whenever HIVE makes a jump up, it's tempting to dump it all to the market and watch it decline in price, knowing you already got your payday. That may seem like a smart move, but there is something to consider.

Wouldn't you like to have that HIVE for the next big jump? Is $1.00 really it's final destiny? Will we see stable HIVE around $1.50 or $2.00.

I believe it's very likely.

Even today, with this sudden pump, HIVE rocketed up to $1.43. Most HIVE holders were likely sleeping at the wheel, but I'm sure some managed to sell some this morning at a very nice price.

Easy Way To Make More HIVE

And easy way to invest your HIVE at $1.00 is to sell it for HBD. Go to your HIVE wallet, select "Market" and "sell" your HIVE for HBD. The Hive Backed Dollar is historically more stable than HIVE and if the value of HIVE drops you have an easy way to sell your HBD for more HIVE. (Then power up!)

Of course this wealth preservation is not without risks. It's not impossible for HBD to dip down lower than a dollar. It's also possible for HIVE to continue up in value. But ether way, if you feel it's down-hill from here, preserve your HIVE value this way.

With HBD below one dollar, you're already buying at a discount. HBD is supposedly pegged to the USD, but it is usually valued a few cents short.

Hang In There

I think the best is yet to come. When these jumps happen, I sell a percentage and continue to HODL until the next big jump. It's usually bigger than the one before!

What do you think? HODL or sell?