They say an elephant never forgets and there is one thing I have never forgotten is the pattern of the HIVE pumps. I am going back as far as two or three years ago when we saw a mini pump on Tuesday which looked like they were testing the water breaking down resistance levels before the main pump on Thursday/Friday.
I took some time to study this last year and this Tuesday Thursday pump is like 70-80% accurate. A small movement and pull back on Tuesday and a bigger play on Thursday leading into Friday. This was with the South Koreans and have no idea if tis will now be affected with all the other exchanges now offering HIVE for leverage. This will be interesting to watch as the Koreans are known for leading these pumps and do not think it will change except be much bigger volume with everyone else now joining in.
I am no technical chart guy and see things for how they are playing out in front of me. I am not saying this is something set in stone, but look out for another bigger pump on Thursday. I know I will be staying up just in case as these can be quite lucrative.
The mini pump on Monday/Tuesday I made an extra 32 HIVE which is peanuts really yet it is the process we are learning. The more we practice the better we will become and being able to earn more HIVE s like being given a free meal.
How many times have we tried to over think things in the past aiming for the maximum returns only to be left empty handed. On Monday night when I swapped HIVE for HBD I had already missed the peak and it was on the way down yet with 400 HIVE swapped for HBD and then swapped back again into HIVE I was able to still earn an extra 32 HIVE. Not great, but still an extra 8% for being around and aware at the time.
There was no real thought and it was just being able to make a few extra HIVE without any real effort. Thursday is no guarantee it will happen, but peoples habits in how they work tend to be very similar and why I say there is a strong possibility of this happening this Thursday/Friday. If it doesn't happen don't shoot me either lol, but all I am suggesting is be aware.
It would be great if we had these pumps more regularly like we experienced a few months ago as being able to earn the extras speeds up the accumulation process. We all want more and this goes a long way in being able to achieve our distant goals. The trick it seems is not to be greedy and take the wins as they come.
