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Bullboard - Stock Discussion Forum HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd. is a Canada-based cryptocurrency mining company that focus on sustainable green energy. The Company is engaged in building a bridge between the digital currency and blockchain sector and traditional capital markets. It owns and operates predominantly green energy powered data center facilities in Canada, Sweden, and Iceland. It also owns hard assets such as data... see more

TSXV:HIVE - Post Discussion

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Post by CeeCee on Dec 04, 2020 9:50am

Conflicted!

I bought in at .22 I'm up over 400% in return im so conflicted on selling or not my emotions are getting the best of me. I'm a beginner when it comes to stock and not sure how to go about this. I've stopped profits from my initial buy several times only to have it go higher.
Comment by Waxwing on Dec 04, 2020 10:14am
This pullback is all apart of climbing higher. I could see a 3% loss in SP which would be normal with the circumstances. But I’m afraid the ones who sold from 1.25 - 1.21 will never get those shares back for that price if they don’t buy back today. Don’t worry about today. Hold over the weekend and reap the rewards. The rewards of being right and also the rewards of a higher price come market open ...more  
Comment by Waxwing on Dec 04, 2020 10:24am
Infact, just take a look at when ethereum was at $595 last week. The SP was substantially lower. We are creating a more stable market as time goes on. I’m actually quite pleased with the Strong support we are building. Although some smart money did clean up some weak hands. All apart of the game. whatever you choose it will all be a learning tool for the future.
Comment by Bac0n on Dec 04, 2020 10:51am
Lesson 1: don't ever show your hand to other holders -Bac0n
Comment by CeeCee on Dec 04, 2020 10:53am
Ok but why?
Comment by zenith9 on Dec 04, 2020 11:05am
Honestly a 400% return is amazing. Tell that to any financial advisor and they'll fall out of their chair. Regarding waxwings comments: I think that's an unfair statement because if the underlying asset crashes for any reason then of course we'll see lower prices. it's your call at the end of the day, but my perspective is bitcoin looks to be keeling over. Might be another ...more  
Comment by CeeCee on Dec 04, 2020 11:11am
Thanks for the advice!
Comment by JackCross on Dec 04, 2020 11:08am
I'm in roughly the same position, ASV sitting somewhere in the early 30's. It'll be a pain to try to exactly time the market, so ask yourself "if the amount of profit I have is good, would I be upset losing it? How do I feel about the potential of the company and the product?" if the answer to the former is yes - you've hit a satisfying return and consider pitching some ...more  
Comment by CeeCee on Dec 04, 2020 11:12am
Thanks for the advice its appreciated. I literally bought hive one a gut feeling ha. It was my first buy ever, so maybe I'm mother bearing it lol.
Comment by Bully88 on Dec 04, 2020 11:21am
CeeCee, Congrats on the great Buy  My personal opinion would be to take out your initial investment plus maybe a 10-20% profit that way you are locked in with a great return. The rest is Gravy and you will still have enough shares to hold onto that will reap major rewards if this stock continues to climb exponentially. That takes out the stress of fearing you will lose your profit and ...more  
Comment by zenith9 on Dec 04, 2020 11:23am
The key is to never get emotionally attached to a stock. Remember it's a vehicle for profit. That's why robot algorithms are so successful- no emotional component. HIVE has been a great vehicle the last month. There's thousands more stocks that could do the same! Best
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