I’ve been waiting patiently for a dip to buy in the HIVE Blockchain technology via $HVBTF. It’s a speculative pick for sure, and trades over the counter (OTC), but so did $NTDOY.
With the crypto market in disarray, I took a starter position in the name this morning. I’m also naming this as my speculative pick in 2018, to go along with my stock of the year pick, which can be found HERE.
We should start to see support kick in around this level. I am now long the $HVBTF.
even MGTI is bouncing off the 200 sma or on could go with the ‘blue chip’ blockchain play via OSTK
There’s 253M shares outstanding on HIVE, which gives approx market cap of 430M. To compare, MGTI has cap of 115M if you want a comparable.