Image Source: https://coinmarketcap.com/
Hedge Those Bets
Today is another day in the red for the Hive Token and many other cryptocurrencies including Bitcoin. With Billions of USDs being wiped from the overall cryptocurrency market there is sure to be panic. Don't let yourself fall into that category. Think through your decisions < hedge bets when possible > but do so using calculated risks and sound judgement. For those who are blogging and earning most their Hive Tokens through content creation: its in downtrends like this that its easier to get your content noticed. Let me repeat that. It's in downtrends like this that you earn the most amount of Hive Tokens for created content of quality. This blockchain doesn't run on fiat. It runs on HIVE and if you look close enough at your posts you will likely find that the amount of HIVE you earn per post is at its peak when Hive USD value is dipping. This is because some whales or curators in-general like to adjust their vote weight based on the Fiat value of said vote not the Hive value of their votes. Put another way: Today's $1 vote is worth more in terms of Hive Tokens when compared to yesterday's $1 vote. Keep posting, keep creating, keep staying calm and your Hive Token wallet will thank you. In some-days, some-weeks, some-months, some-years-time, maybe; just maybe your future self will also thank you.
7 Day Hive Token Graph (-28%)
Today's Hive Toke Fiat Value: $0.1328
Graph Source: https://coinmarketcap.com/currencies/hive-blockchain/
Other Notes
Looks like the trade volume of the HIVE Token currently is above average. Possible sell-offs happening or on a more positive note; potential investors filling their bags. Below you will find a list of 10 exchanges and the current 24hr trade volume for the Hive markets on each. Binance is currently in the number one spot with over 2.8 Million worth of trades within the past 24hr period. MEXC 24hr volume currently stands at over 1.7 Million. Upbit is showing to have near 700K while BitMart is above 400K in 24hr volume. Bag fillers or paper hands? Your guess is as good as mine. We don't like creating long posts when sending out such messages as we find it sometimes dilutes the seriousness of the message. So with that in-mind we here at the @rentmoney blog would like to thank you for visiting and interacting with our blog. We hope to see you at our next post. All graphs in this post have been taken from CoinMarketCap which has been sourced multiple times throughout this post. No financial advice was given in this post. Always do your own research before investing any of your hard earned currencies into any token or project. What do you think of the recent down-trend? You filling bags, emptying them, re-directing? Tell us all about your strategy in the comment section below.
Hive's 24Hr Trade Volume
Image Source: https://coinmarketcap.com/currencies/hive-blockchain/
