Last night I had the HTX (Huobi) Hive/ USDT chart open and one thing that struck me was the size of the buy orders waiting to be filled. I would like to think I would have noticed this in the past and know I would have so this is not normal.
Hive looks kind of stable where it currently sits hovering around the $0.35c range and I have he feeling that our Korean friends again are going to have some more fun and games over the festive period. I hope so as this is a prime opportunity to benefit and we need to be wide awake to take advantage.
There seems to be a certain pattern forming with these Hive pumps with the first one on the 13t November. The second one on the 24th November which was an 11 day gap and then the third one on the 4th December oddly enough another 11 day gap. Then we saw the 8th and 11th followed by the 22nd being the latest 11 days from the previous pump. I am not suggesting that this is happening every 11 days, but what I am suggesting is that these are now happening more regularly and Hive does benefit from them.
Every tie we have one of these pumps Hive manages to finish off with a higher high than before so the price is slowly increasing which is good for all of us. This is giving us a head start over the bull cycle as having a higher starting point before all hell breaks loose is always ideal.
Having Hive and USD listed as a trading pair on Binance will also help bring attention to Hive and this has to bode well for the future. The more the Koreans do this the more likely Hive is being noticed and traders will start to see Hive for leverage whether shorting or longing. I do not know enough to benefit form this type of trade but will continue to trade and convert Hive to HBD and swap back benefitting from the volatility which I see as a safer bet for now.
The thing is if you are not sure how futures trading works you are basically gambling and I value my Hive far more dearly than on just hope and guesswork. It would be great if we could see $0.50c before the New Year and I think that is very possible if we look at what has happened over the last 3 weeks. Again nothing is for certain ad why I am adding to my liquid Hive keeping the gun powder available for ay opportunity. 2 days ago I managed to earn an extra 220 Hive which was nearly a 25% gain in a few hours. If you can do that 2 or 3 times a month then this is a great way to earn and grow ones stack for the main event later next year.