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RE: Quick $HIVE and market update - 05.08.2024

in LeoFinance7 months ago

So..... if hive drops like you say to 0.15, is that a good time to buy some using proper money?

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The best strategy is to dollar cost average (DCA) in. Buy some now, keep some cash if it goes lower. Or buy now, if you're ok with the price. $HIVE was at $0.49 in March, so compare that with $0.16, where we are now.

I totally agree, making staggered purchases with the cash liquidity I had helped me a lot to buy with good averages.

Averaging is the only good strategy here, as you can't buy bottoms. I mean you can try, but your rate of success will be a disastrous one 🙂

Good decision Nitsu!!!

Hmm up amd down up and down, amazing how you keep track thanks for the info, I shall have a think!

You're welcome @grindle.

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I ageee, dollar cost averaging is only responsible plan. That says, I believe Hive is going under.23 cents soon so I’m holding some dry powder to buy closer to a dime. Hit I have plenty of Hive already so I don’t mind being wrong, I just think it’s obvious we are going to .12 cents or so based on past year chart and performance.

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 7 months ago Reveal Comment

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Indeed I did mean .13