Hive moved from 0.41 to 0.57: Has the train left?

Just a day ago I was reporting on a 0.407 Hive with bottoming RSI.

And today, we are greeted with the 0.57 Hive spike as shown below.

While I am glad that I had basically filled my 10K HP on this account 19 days ago with substantial Hive bought between 0.27 to 0.35, I was also thinking about starting new 10K HP account in my rinse and repeat plan.

With Hive moving from 0.41 to 0.57, has the train left?

Should I still be doing my DCA?

I think Hive basically caught up with BTC in terms of the big leg up to undo the previous big red candle. I wrote in an earlier post that I was expecting Hive to do that. Now that it has done that, I think it is a new game now.

In short, I think Hive has really got out of the 0.25-0.40 range for good. At least this round of market-beating is done.

From now on, it should be reactionary to new situations and less of a recovery from the big red candle. In short, I think it will be choppy and eventually going up with the larger market when it's time to do so, say if BTC goes up a big leg.

Should I still be doing my DCA?

Yes, since I am still building other accounts to grow my Hive stash like rent money.

Actually, my DCA of Hive is very small, something like USD 30 each, every day or so.

Having even such a small buy takes the stress out of FOMO, keeping in mind that I have a bigger stash bought below 0.40.

I already gotten a nice headstart. I should stick to the plan that I had outlined earlier.

Thank you for indulging with my crypto thesis!

P/S: This is not financial advice, and please do your own due diligence before investing.

If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.

You might be interested in this post, @graciousvic, @deflacion, @jacoalberts, @young-kedar, @svanbo, @sumotori, @zakludick, @poplar-22 and @hankanon!

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