With the recent parabolic rise in crypto prices it is having an effect on altcoins. Hive has gotten back to monthly value even though it is way far below from the start of this year. It is still a good sign as it is moving in a different direction.
When Hive price is appreciating it has a knock on effect on altcoins within the ecosystem. Inherently DEC and SPS is apart of this.
A side quest I will be trying is to play arbitrage with the price movement. As of now I am swapping DEC for Hive in hopes that in the next few days the price of Hive will rise to the point the exchange rate for DEC will be lower than today. That way if I exchange the same amount of Hive I am holding I will in turn be holding more DEC than where I originally started with.
I would only be doing this when I see increase in volatility like today.
Thanks for reading this post!
