Why it's a great time to get into HIVE token.(And how I plan to get it without spending a dime)

Why it's a great time to get into HIVE token.(And how I plan to get it without spending a dime)

By MadMaxx | Psycho Crypto | 19 Mar 2020


Tomorrow marks the death of the old STEEM.

And the birth of Hive, a new blockchain that will port all the features of the STEEM blockchain over, and then some.

I have bought about $1000 worth of STEEM in the past hour or so, and I'll tell you why, and how I plan on getting my money back, with at least 5x the profit.

I'll also tell you why it's a great time to get into Hive.

Let's go!

Ok. Why did I blow most of this week's trading profits on STEEM?

I don't like sharing my trading stats online, but I was able to make $1200 this week alone trading cryptocurrencies. Most of the money is in ETH, so I decided to trade the STEEM/ETH pair and I bought 1000 dollars worth of STEEM.

Now, this plan can go either way. I can either 5x my money(which is my target), or my money can go to zero when STEEM's price inevitably crashes and burns tomorrow.

I plan on holding onto those STEEM tokens till later tonight, when the latecomers to the party would want to get some STEEM.

They've probably not heard about the hardfork happening tomorrow, and will want to get in on some of the action.

When they come and the buyers saturate the market, I'd unload half or my STEEM, and my target profit would be at least 70%. This way, I'm only risking 30% of my own money on the trade.

Once I've sold off my STEEM and gotten my money (which would be about 700 dollars now. Remember I sold 500) I would then keep the 200 dollars and reinvest my 500 at market price.(a dangerous gamble.)

Once I get my STEEM tokens back, I would then hold them through the hard fork. Once the hard fork is completed, I would be the first to sell off my STEEM tokens, either for a miniscule profit, at breakeven or at a small loss.

But with this level of manipulation, I would have gotten $200 of hedge profit, 1000 dollars worth of Hive and my initial investment (or a little less) back. So I basically got Hive for free.

And guess what? Hive is a brand new token. It doesn't have a launch price yet, and it isn't even listed on Binance yet. This is possibly your only chance to get in on something this big.

Usually, new tokens with so much controversy behind them make ATH in no time flat. You could hold on to the tokens for just 2 days, and 10x your money. Remember, it's free money!

You can use my strategy if you want, but remember the risk involved with it. If you follow my strategies, you'd know that I leave nothing to chance. That's a lot different now, as I'm basically banking on chance.

If this works however, the potential returns would be massive.

If it doesn't, I'd have no Hive, no STEEM and a big $1000 hole in my pocket.

Remember, fortes fortuna juvat.

Thanks for reading!

 

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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