POB Shows a Price Spike But I Suggest You to Stake
(Edited)
The price of POB has shown some spike and currently is trading around $0.70 on Hive Engine, while the price of Hive itself is around $0.60. This shows the potential of POB, and gives us a hope and motivation to grab more and more POB tokens.
People are smart, they see the prices up and and suddenly we see a number of sell orders selling their POB tokens. Only a few are seen buying POB.
But I think if we want POB to flourish and want the prices go up more and more then we should staking it rather than just selling it. But who I am to tell people not to sell their POB, afterall they are here to make profits. But I think in a longer run, they should be HODLing POB instead of selling.
Thanks
Follow me @aftabkhan10.
0
0
0.000
This is not smart. This is why Hive and other coins/tokens do not go up in long term. When they would go up, people sell them like crazy.
But they probably have one or more reasons to sell.
People are in many kinds of situations.
For example nowadays I often need to choose between paying bills/rent and buying food at the end of the month.
I could also sell POB and other tokens. I have serious reasons for it. Maybe I will also sell soon.
You cannot blame those who are selling, they may have reasons to do so, depending on what is happening around them
But I would say, if they ought to sell, they should do so with some of it, and leave the other half as stakes