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RE: Why do it at 0.6$ when you can do it for $6?

in Olio di Balena18 days ago

Nobody knows how prices will act, but I think arbitraging when the volatility is hard. Especially so during these Hive pumps as we know there are just a few people manipulating prices. I do think prices will stay high for a while because those who wanted to sell probably sold what they could. I hope Hive reaches $6, but I think that the previous ATH at $3 is my bet.

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6$ is realizable. BTC is doing x3 of its previous ATH. Most alts will do X2 of their previous ATH. This is why Hive can easily do 6$ because it's x2 of it's previous ATH.