Good opportunity to sell Steem and get equivalent or more Hive token in exchange

Good opportunity to sell Steem and get equivalent or more Hive token in exchange

By Bala | Bala | 23 Aug 2020


The price of Steem and Hive that we see right now is a rare opportunity. It's been several months since price of Hive was lower than Steem. Today while observing the market, I noticed that the value of Hive is dropping giving us a good opportunity to purchase lots of Hive for cheap price.

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The reason why I'm comparing the price with Steem is because if anyone is still having any Steem left to be sold out exchanged for Hive, it is now a great opportunity because I'm not sure when we will be able to witness the same price again. If I remember it right I first saw a similar price during the launch of Hive. I missed exchanging my Steem for a good price at that point. After that price of Hive pumped like anything and it even went 2 times and 3 times the price of Steem.

I used to regret for not purchasing Hive for cheap price by then. Now that we have the opportunity again I did make a small purchase for 2100 Satoshi. Like last week's pump, even if the price of Hive hits 2600 or 3000 Satoshi, it would end up like a great trade for me. Even if that doesn't happen, I would still be happy because I always wanted to purchase some more Hive. Right now I hold all the purchased Hive on exchange wallet only. If things go backwards, I would move it to Hive wallet and powerup. Or else I would end up enjoying a neat trade. Let's see.

In my personal opinion, I think there can be short pump happening on Steem in the coming days. The reason is because Steemit has moved a big load of Steem to Binance. If they plan to dump the tokens, they might first pump it a bit and then dump them for a good price. This is just my prediction. I may be wrong as well but good to pay attention to what's happening.


 

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Bala
Bala

Developer | Writer | Blogger | Gamer | Blockchain Enthusiast


Bala
Bala

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