So yesterday I wrote a post about selling my liquid hiveselling my liquid hive and feeling pretty good about it. Now I'm feeling pretty bad about it lol.
I mean I know it's hard to sell the top but I was making my first trade in what is about to become the worst world economy in modern history and I solde at a price 400% higher than it was 4 days before and just over 100% higher than it was when it was gifted to steem holders caught up in the civil war.
I felt good about it because it was the first time I have ever sold anything having to do with steem and I was down 50% from my initial investment in steem. I managed to turn $4000 in fiat into $700 of steem. Then I set out to rescue my money by working diligently everyday for almost 3 years on steemit.
So rescuing a little of my investment by selling my liquid hive seemed sensible. But obviously had I waited til this exact moment to sell that I would have made myself whole! It's tough to thing that way and I'm focusing on the money I lost out on instead of focusing on the 4000 hive I still hold.
Why is this mooning and what is going to happen when all that hive locked up on Binance hits the market? Whose money is flooding into Hive and Why aren't high stake holders dumping like mad.
Until someone explains this pump to me it will just seem like an anomaly and will have to come crashing back to earth. While I like posting and having some fun I see enormous amounts of work to get the platform attractive to new users and I don't see a solid marketing plan.
I have been sticking around to help build community and that is really hard to do. So are there investors out there finding us attractive all of the sudden, or are speculators about to step on our throats.
I'd love to hear from the community on this. If I had 10k, 20k,50k or 100k in Hive I would sell and start over from the beginning. I couldn't imagine having that type of money right now.
