You are viewing a single comment's thread from:

RE: What do you do when Hive pumps?

in Proof of Brain15 days ago

This is something I have to get better at understanding. When the price of hive goes up, it seems like the right thing to do is to buy HBD and then, when it goes down, buy back hive at a lower price, but I'm still very fearful and I don't do that. Of course, it's a good way of acquiring more hive and possibly more HP in the future, so I'll have to look into it more. When the hive goes up I just keep posting and interacting with people.

Sort:  

To be honest when there is a pump not only hive goes up but HBD comes along and often it's not that profitable to do such moves.

Got it, thanks for sharing this with us.

That's good to know! Thank you for that tidbit.

3 credits were added for the Liotes Ranking