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Call me crazy, but I just bought about 25k HIVE

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@jrcornel
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HIVE has been a falling knife for months, but today I stepped in front of it

Call me crazy, but I bought roughly 25k worth of HIVE today.

What's even more crazy, I bought it with BTC...

Yikes!

Keep in mind that I didn't dip into my long term BTC holdings for this purchase but considering where I think BTC is ultimately going, yea it's a risky play.

To me, $15k BTC and $.10 HIVE just seems like a good spot to pick up a couple HIVE...

(Source: https://bittrex.com/Market/Index?MarketName=BTC-HIVE)

Not a lot of BTC buys a lot of HIVE.

The way I look at it, it won't take much to get HIVE to a dollar, which is roughly 10x, while it will take a lot more heavy lifting to get BTC to $150k, which would also be a 10x.

The BTC to $150k may technically be "more likely" at this point in time, but there is also the possibility HIVE could go north of a dollar as well.

(Source: https://wallet.hive.blog/@jrcornel/transfers)

Now it's time for HIVE to round the corner and actually start making itself attractive to outside investors!

Stay informed my friends.

-Doc

Posted Using LeoFinance Beta