Today Hive had a massive pump again. I was expecting this yesterday. The price of Hive was looking very stable at 40 cents and that was not a very good sign. It was a great indication that the price is going to either go down or go up and I definitely did not expect it would see a massive pump like this touching 65 cents. Hive is definitely having its party because last week we had HBD suddenly pumping and now we are able to see Hive pumping the price is very stable and I believe it wouldn't stop here and there is a high chance that the price would go further and hit the 1 dollar mark.
Today Morning when I placed my sell order at 55 cents, I noticed that the order was filled by the account hivekorea. So possibly this could be Koreans again pumping the price of Hive. I don't see any other solid reason for Hive to have this pump except for the fact that the market is very good in general and everywhere it looks like the calm before the storm. People are predicting this to be the start of the next bull run. I don't know if that would be the case but there is a high possibility.
Did you sell your hive?
It is party time for people only if they had a liquid Hive in hand and if they were able to sell their Hive when the pump happens so it becomes a wrong question to ask people. Most people might have Hive as Hive power and only a few people hold liquid Hive to sell during the right time. That can also be one of the biggest reasons to see the price of Hive pumping. If someone in the real world is willing the purchase Hive with a very big holding, the liquidity in the market would be very less and when they place a huge sell order in the market price, they might end up pumping the price high.
Today when I woke up and saw the price, I immediately sold my Hive and I was not available to do swing trades. Otherwise, today was also a good opportunity to do swing trades. I probably sold too early when the price was 55 cents. My intention was to not miss the party. What if the price of hive goes back to 40 cents and I miss the opportunity? That was one of the reasons why I wanted to sell some Hive whatever happens. But now looks like the price is above 60 cents making it a miss for me personally.
I saw some people sending a message saying that they sold some Hive when the price was around 60 cents. I believe they had the best sale. I'm sure even if this is a good sign of a bull run, there would still be a small correction in the market and the price would fall a little bit at least. Maybe it would end up a little above 50 cents is my guess. I'm going to buy back Hive again at 50 cents if that happens because my sell price is anyways 55 cents.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
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