RE: Quick $HIVE and market update - 05.08.2024

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RE: Quick $HIVE and market update - 05.08.2024

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grindle in LeoFinance • last year

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

last year in LeoFinance by grindle

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erikah last year

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.

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nitsuga12 last year

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

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erikah last year

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!!!

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grindle last year

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

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erikah last year

You're welcome @grindle.

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grindle last year

👍

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geneeverett last year

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.