What do you do when Hive pumps?

liotes in Proof of Brain • yesterday

In the past weeks and months we have witnessed several hive pumps with a lot of price action on hive. We wonder how you react in such situations:

What do you do when Hive pumps? Do you continue business as usual? Do you buy stuff? Do you sell stuff? Do you power down?

Please leave your answer as a comment below this post.

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yesterday in Proof of Brain by liotes

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darmst5339 yesterday

I like the pumps but pumps don’t really last. I would rather see a nice steady uptrend in the price over time. I get nervous with pumps because no clue when it will crash.

I currently do nothing or very, very little. Move liquid hive to HBD and back again. But I don’t keep very much liquid.

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1 vote

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melinda010100 yesterday

When the price of Hive gets over 50cents I quit swapping HBD to Hive and powering up. I will wait to continue building my staked HP until the price comes back down. For now it can sit in HBD.

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1 vote

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kaibagt yesterday

As my negotiating power is still low, I remain focused on growing even more in the hive.

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1 vote

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yeckingo1 yesterday

I keep accumulating Hive!

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1 vote

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vaynard86 yesterday

Cheer and hope Hive rise to a much higher value as I do not have enough liquid hive to have fun at the market.

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1 vote

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dewabrata yesterday

I believe the day I start powering down is the day that I have fix mind that I will leave HIVE blogging world. So I won't do that in near time from now.

What would I do? I will focus on HBD rewards, will avoid buying L2 tokens massively, and will be selling a lot of tribe tokens for sure.

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1 vote

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seckorama yesterday

Actually, nothing, yet. I'm just looking at how my Hive account is worth more. 😎

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1 vote

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shiftrox yesterday

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.

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1 vote

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thebighigg yesterday

Interesting question... That all depends on how much liquid Hive I have at the given moment. Currently my liquid Hive has been low so I not many plays to be made. Assuming I have plenty of liquid Hive I would sell when the price is at a peak for HBD with plans to rebuy on a drop. Powering down isn't an option for me, I just don't believe in it. Many big bag holders are powering down to take profits I know, I can't blame them, but they will just drive down the price.

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1 vote

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cursephantom yesterday

Continue as usual + active trading + no need to power down. After I was notified that Hive reached $0.6+, I managed my HP delegation and sent 6 Hive to my Binance account. Just that 😂 !LOL

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1 vote

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lolzbot yesterday

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coquicoin yesterday

To be honest nothing, LOL. Although I do have a small amount of Hive and HBD that I use for trading when I see an opportunity. But it's so small that I do it more for fun than anything else, hehe.

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1 vote

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palomap3 yesterday

So far I haven't done anything because I was focussed on growing my HP as quickly as possible. This pump is lasting longer and if it continues like this the only move I plan is to change the rewards of my publications from 100% HP to 50% HP/50% HBD. The idea is to have some extra HP selling the HBD when the Hive price drops again.

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1 vote

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travoved yesterday (edited)

When I saw this pump I decided to exchange my Hive tokens to HBD and put hbd to savings. It let me to add more than 100$ to savings. Also I didn't even though to powerdown at this moment just decided to receive further 50/50 hbd / hive power.

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1 vote

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tengolotodo yesterday

It depends where I have liquid Hive, if I have none then I just sit and smile for people who are selling.
Sometimes I will trade for other tokens.
Sometimes I will trade into HBD.
Today I have done nothing.

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1 vote

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ifarmgirl 23 hours ago

It's nice to see HIVE in the spotlight with the recent listings on CEXes and its price pumping. I took advantage of the arbitrage opportunity using Leodex (4 days ago), unfortunately, two of my transactions got stuck, lol! (Waiting for a refund). Swapped my liquid HIVE for HBD and USDT (a little too early so waiting for the correction to buy back).

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1 vote

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duskobgd 23 hours ago

I look at how the price has increased and I am happy that my vote is worth one decimal place more. I know it's just because of the pump, but my vote is now worth 0.1 🙂

Since it was set to 50/50 from the beginning, now I don't do anything.
50% of the reward boosts HP, and the other 50% is in HBD waiting for the price to drop, if there is one 🙂

I have a small amount of liquid Hive that I use for daily HP, for PUD that I will increase from an external exchange where I have a certain amount (there I bought at 0.16-0.18 and sold part at 0.35-0.55 and with USDT I am waiting for a fall to buy again, if it falls).

If the price doesn't drop, great, I'm growing what I have 🙂

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1 vote

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hirohurl 18 hours ago

My intention, when HIVE pumps, is to sell some for HBD. When I noticed the pump, I didn't have any liquid HIVE and didn't want to power down any HP. However, one 2nd tier token that did not decline against the Hive pump was CTPSB. Now, although my goal is to grow my CTPSB stake from 581 tokens at the start of the year to 800 by the end of the year, I sold off some CTPSB and bought HBD.

!ALIVE
!BBH

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1 vote

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jfang003 16 hours ago

I don't really do anything right now. I have quite a bit of liquid Hive saved up from the past few months of exchanging HBD, but I don't think I will do anything at the current price. If it pumps up more, I might change some back into HBD or upgrade my splinterlands deck, but nothing as of yet.

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1 vote

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imfarhad 14 hours ago

It's business as usual. Currently, i am building the stake in HBD and HP.

!PIZZA
!BBH
!ALIVE

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1 vote

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ladymisa 10 hours ago

I usually do nothing. Unless I have some HIVE lying around. It is usually only just a little bit.

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1 vote

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blitzzzz 10 hours ago

I've never powered down since the day I joined and don't intend to do so in the foreseeable future. That said, I do have quite a bit of liquid HIVE/HBD which I've set aside just or occasions like this, with the full intention to buy back in again when the price drops.

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1 vote

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relf87 8 hours ago

Hmm, for me it's 90% business as usual. The remaining 10% is more of playing around with my small portion of my liquid Hive and HBD to see if I can get some additional Hive/HBD but it's more for the fun.

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1 vote

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keithtaylor yesterday

Seeing the Hive price rise makes me happy. Because I relate it to more interest in this blockchain. Which I hope will generate more active users and a more resilient future.

However, it doesn't affect how I act. Because I'm just trying to build a nest egg for my family. Mostly by curation and occasional posts. So the current price of Hive isn't really relevant to me.

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1 vote

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gwajnberg yesterday

Power down is totally against my beliefs at least for now. I am a bit worried with the huge amount of powerdowns in the last 3-4 weeks. Why? first it means that the current price of hive is purely by speculation, there aren't more people using and more hive staked. It got attention from people that didn't know about hive? Yes, but only people that are trading. My goal with hive was always to become a society utility and that's not what happened, and with more power downs it means that hive is turning into a trading token only, like a memecoin perhaps (maybe I am too apocalyptical here). Anyways, of course that I try to take advantage on that good moment with Liquid Hive, using even swap.hive that I had in LPs. But my goal is always bring back this hive ...for example all the hive that I had in LPs I sold for 0.63$ and bought again by 0.58$ (I could have waited a bit more but it is ok). I didn't bring it back yet since there is a good stake in finance for a good APR, and also wait a bit if there is another pump. If not I will bring back to the blockchain, put back in the LPs( the exact amount that I withdrew) and power up the rest =)

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1 vote

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ninaeatshere yesterday

I kind of get really happy, thinking “I told you” to myself hahaha cause I want it to go big. But I keep my blogging life as usual, trying not to let emotions manage my goals.

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1 vote

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tokutaro22 yesterday

I do nothing, it is still at a very low price to undo positions.

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1 vote

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doombot75 yesterday

I have very little liquid hive at the moment but i did swap it for DEC when it jumped and will swap back if it drops, if it doesnt drop i need the DEC for wild pass so all good!

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1 vote

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youarealive 18 hours ago

_(1/20)
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youarealive 14 hours ago

_(1/20)
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You Are Alive so I just staked 0.1 ALIVE to your account on behalf of @imfarhad.

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gadrian 6 hours ago

It's simple: I make mistakes and then work on fixing them. 🤣 Wrote about it today.

In all seriousness: the goal for me is to have more HIVE at the end of the pump&dump than at its beginning, until the goal is to stay on HBD (not necessarily at the end of the bull market... we will probably have more opportunities to switch).

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edgerik 3 hours ago

I usually keep things steady and stick to my plan.
Sometimes I might take the opportunity to sell a bit if it aligns with my goals, but I don't rush into anything.
I try to stay balanced overall.

!WINE
!BBH

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thegcc 2 hours ago

Swap Hive for SPS/DEC, though I don't really have much Hive liquid at any time, so pretty much nothing in the scheme of things.

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rimurutempest 22 minutes ago

I continue doing my posts as usual. Most ot the Hive is staked in Hive Power delegated to projects I like. So I keep doing the same thing and increasing my HP :D

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