Crypto Market Bears Hit - HIVE down 13% - Is it a BUY Opportunity?

Hey All,

A sad day for Crypto market overall. The global cryptocurrency market cap today is $3.02 Trillion which is like down 8.5+% in the last 24 hours. All the major coins are trading in Red and making no exception for #HIVE which is down 13% today and is trading around $0.28 cents. Can we say that is it a BUY opportunity?

To be honest #HIVE trading at these levels is a stealer price and one definitely should consider buying HIVE if they had been waiting for an opportunity for a long time. In my case for me its all about building my HIVE POWER meaning keep accumulating HIVE and powering it up all. At times I do make strategies of buying #HIVE from my passive income generated via staking other crypto tokens like #coti and #gcoti. This strategy help me achieve the goal of having 100K+ HP and now when #HIVE is trading such low I feel like grabbing as much HIVE as I could. But then there are restrictions of liquidity, pumping in extra fiat and all that. I was sitting on $4K+ USDT on Binance for quite sometime and was waiting for this kind of an opportunity. But then the prices of Crypto tokens in general were rising and I landed up buying like 45K+ #coti tokens. And right now #coti is also down like 10% so I cannot exit from here and am stuck with no clue as to should I book loss on #coti and buy #hive or simply wait for the markets to stabilize and miss this opportunity of buying #hive at this level.

Buying #HIVE with HBD earnings and Powering it all UP...

Ok the other alternative I have is to convert all my HBD [HIVE BACKED DOLLAR] for HIVE in the internal market on

. Its not that I am doing this today rather for past couple of months I have been leveraging all my HBD earning to buy HIVE from it. One such example is of today where I earned almost 10 HBD from my post rewards and I used the same to place a buy order for HIVE. The order got executed in matter of seconds and all the 35+ HIVE was powered up.

There is this famous saying which goes something like this - where there is a will there is a way out. I always have an intention of increasing my HIVE POWER at times when #HIVE is trading low. So whatever options I have in hand, I make sure I execute it without fail. I wish this opportunity would have struck when I was sitting with $4K+ on Binance this would have got me a hell lot of #HIVE. Anyways, there is no point in regretting now. One should move on and strive for growth and look for new opportunities and capitalize them. Well this should be it for todays post around - Crypto Market Bears Hit - HIVE down 13% - Is it a BUY Opportunity? Did you buys some HIVE at these levels? What's your overall strategy for HIVE looking like? 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

Crypto Market Bears Hit - HIVE down 13% - Is it a BUY Opportunity?

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

Best Regards

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...