@bala41288 9 March 2022 more from that month

Purchased some Hive today for a short term target of 1$ I'm bullish on Hive. After seeing BTC pump, I'm excited that the same would happen to altcoins as well. In the past few pumps, I noticed that the BTC pump is usually followed by altcoin pumps as well. It is not easy to do trading on BTC and it is also risky. But there are a few altcoins that are good for swing trades. Recently Hive came down from its base value of 1$. I'm saying 1 dollar was a base price for Hive because it stood strong there for a very long time. The price showed so much resistance at 1 dollar. Today I decided to convert some HBD I had with me to Hive after seeing the BTC pump. Last week I already bought some Hive at 90 cents and watched it go below 85 cents. I did not buy more but now that the price is slowly recovering and the market is also looking pretty good, I wanted to purchase some more Hive for 90 cents. I'm going to be selling them both when the price hits over 1 dollar. I'm sure there will be lots of people out there doing such swing trades. Just that they don't share what they are doing but I don't mind sharing what I'm doing.

Source https://pixabay.com/illustrations/analysis-statistics-diagram-graphic-227172/ Swing trades are risky because sometimes after we purchase, the price might go down further and would never recover or might even take years to recover. In my case, I don't mind keeping the funds as Hive power itself for the long term. That's usually my intention whenever I purchase Hive from the market to do swing trades. I wouldn't recommend this swing trade for people who don't want to hold their Hive long-term. Having it as Hive power gives an APR of 10% which is pretty decent I would say. In the worst case, if things go sideways, I would be willing to power up the Hive and enjoy the curation rewards I get from that. I have done the same several times in the past. Not all trades had been successful for me. I have had instances where I end up with loss but I don't book my loss instead wait for another opportunity for later. Hive is not the only altcoin that is available for swing trades. I noticed that there were a few more coins that gives similar opportunities. DOT, ADA, RUNE, etc are also good investment opportunities and sometimes they also show good price fluctuation for swing trades. I usually stick to Hive because I know the coin very well and I can also predict the trend above all that, I don't mind staying invested for a long term here. If you like what I'm doing on Hive, you can vote me as a witness with the links below. Vote @balaz as a Hive Witness Vote @kanibot as a Hive Engine Witness https://leofinance.io/@balaz https://vote.hive.uno/@balaz https://leofinance.io/@kanibot https://votify.vercel.app/kanibot Posted Using LeoFinance Beta https://leofinance.io/@bala41288/purchased-some-hive-today-for-a-short-term-target-of-1usd