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Current Market Condition - Hive price is at Dip | What's your strategy? by catharsis

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hive-167922 · @catharsis · (edited)
$5.74
Current Market Condition - Hive price is at Dip | What's your strategy?
![moneyg2f36821c0_1920.jpg](https://i.imgur.com/nRkERNT.jpg)
[Image Source](https://pixabay.com/photos/money-bitcoin-financial-currency-6990721/)

Hello friends, Today we will discuss the current crypto market condition, the HIVE dip, and a strategy to be implemented in this condition. If you consider the price chart of most of the crypto of the last three months, then today's price of crypto is much going lower. It may further go lower. The current bitcoin price is 16,680$ which has been very low for the last three months. Most of the top crypto coins are dropped by more than 10% in the last 24hr.

![image.png](https://i.imgur.com/oA3rAbZ.png)
[Image Source](https://coinmarketcap.com/)

The current bitcoin price is 16,680$ which has been very low for the last three months. 

![leofinancedevider1.png](https://i.imgur.com/gjrJe4c.png)
<center> <h3> Where Hive stands in the current market condition? </h3></center>


Hive is performing similarly to other cryptocurrencies. Hive coin price is also dropped by around 21%. The current price of Hive is 0.3427$ which is too lower if considering the last few months. I was not fully prepared, but still I made my position and bought some Hive in the dip. Let's see where this price goes. A dip market is always best to enter in crypto, However, no one can predict a dip in any crypto. Still, we have some idea that when to enter and when to not. I bought some Hive at 0.36$ and I will take an entry of 20$ when the price of Hive coin goes below 0.3$. But that might not possible. Still, I am happy that I could take advantage of the Hive coin price drop. So I could buy Hive coins at a cheaper price.

<br>



 ![image.png](https://i.imgur.com/eToozKd.png) 
[Image Source](https://coinmarketcap.com/currencies/hive-blockchain/)



I would like to know your strategy in the current market condition. You can share it in a comment below.

![leofinancedevider1.png](https://i.imgur.com/gjrJe4c.png)

Disclaimer: Information provided in this blog is for information purposes only. This information is not for legal or financial advice. Do your own research.

>I hope you liked my post. If you want to see similar content. Then please follow me. Have a wonderful day. Thank you...

![leofinancedevider1.png](https://i.imgur.com/gjrJe4c.png)


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@dreloop07 ·
$0.02
vamos ver se o mercado normaliza
👍  
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@mintymile ·
$0.02
Price of Hive has dipped a lot indeed!!
👍  
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@catharsis · 
Yes. Its price dropped down to 0.28$ approximately around 9 hours ago. The current price is 0.355$. I was waiting for more prices down. But this had not happened. (Opportunity does not always come.)
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@mintymile · 
hmmm... buying the Hive dip...good for you... do it slowly for prices can go down further right?, much further!!!
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@stefano.massari · 
Today, November 13, 2022, Hive is worth $ 0.34, while its position in the coinmarketcap chart is 137. I believe that HIVE can also drop below $ 0.30.  We'll see.  However, also in my opinion it would not be bad to buy now
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@catharsis · (edited)
Yes, there's a possibility. Buying Hive is not bad at 0.3$ because at least we have hive tokens. If we see it as a long-term investment then it would be a great decision. Thank you for sharing your thoughts, I am also waiting for when the HIVE price goes below 0.3$.
👍  
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