RE: HIVE ATH! Why I Reinvested It Instead of Fiat

Well considering hive doesn’t have a hard cap even though it reduces in supply each year it’s still a weaker monetary policy than bitcoin. It all depends on your goal if you want to secure Sats for the future because they will become harder to come by then selling when a token is overbought is a good plan

If you don’t need the money sure it’s fine going further out the risk curve to even smaller cap tokens hoping for another double pump by all means

but it just means you become over leveraged having too much stack for the volume of sales if you don’t pick your positions properly

Also if you buy a token, and you eventually want to take a profit in BTC or fiat you have to sell token for hive and hive for stable coin or BTC so it just adds more possible tax events

Either way I see no point In cashing out to dollars, since you earn them natively by living in the US

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