We are living smack dab in the middle of the crypto Wild West. It probably doesn't feel like it much as we are living it, but trust me, ten years down the road it will be weird to see all the noobs jumping on board the crypto ship while we've already been swimming around for over a decade. The knowledge we're acquiring today is going to be akin to magic for those who have no idea what's going on in the future.

During the gold rush, gold was bountiful and worth far less in the areas it was being mined. That's just supply and demand. It was the vendors that actually provided all those greedy goblins with the required supplies that made out like bandits. When food is scarce and gold is plentiful, trade food for gold, and then transport the gold east to where it actually has value. Use that value to acquire more food/supplies, rinse and repeat.

Now we find ourselves in a situation where currency itself is abundant. Time and time again I notice the same damn thing as the Gold Rush. People think the smart move is to mine the gold crypto...

False!

Following the herd and doing what everyone else is doing obviously isn't the smartest play. During the gold rush, the only people who actually made any money mining gold were the ones who scaled up their operations with huge overhead cost. They then hired the small-time miners and used wage-slavery to make even more money. Sorted.

The parallel to this idea with Hive is that curation is only profitable to the rich. One must have enough stake to tame the convergent curve and scoop a good amount of rewards. Luckily we have delegation pools that allow the little guys to get in on the action as well.

Has anyone noticed that crypto bubbles are being defined by Ethereum? First ICOs now DeFi. Food for thought.

We see this concept pop up time and time again in crypto. Remember what happened right before Steem forked to Hive? Everyone bought more Steem and spiked the price! Rather than farming Hive via buying Steem it made more sense to sell Steem right before the fork and hold everything in Tether or Bitcoin. This is often the case with "airdrops".

This was a complete golden opportunity. The fork was known about before the price started spiking. In fact, anyone could see that a fork was the only option. Frontrunning the market was easy for anyone willing to take the risk.

Not long after, it was announced that the exchanges would be airdropped if they agreed to our terms. Again the price didn't budge and I was totally floored as price increases trailed days after the good news was known to me. Essentially we got an x10 pump/dump just from a wave of exchange listings. Quite the testament to our low liquidity and extreme volatility.

Perhaps, given what I've just said, you can imagine how I interpret the LEO market. More than tripling in value simply from the news of a wrapped Ethereum token that doesn't do anything yet? Like, get real.

There's already a huge liquidity gap with buyers currently posting at 0.45 and sellers holding out at 0.55. Once again, I picked a helluva time to delegate all my coins away, lol. It's fine. I get upvoted quite a bit on my blog. I dumped 1200 tokens on the market the other day (all blogging rewards) and got over 800 Hive out of it. That's crazy.

So while you're all scrambling to acquire LEO to provide liquidity to this market and get your share of those 300k LEO coins, guess what I'm doing? SELLING! Such an easy move. The LEO network will be one of the easiest to make money on because the whales here are the least likely to sell of perhaps all whales on any platform. We fully targeted an entire diehard community of holders. Navigating that market correctly isn't going to be that difficult.

Man, LEO is such a great token. Not only are we a zealous group of predictable holders, but at the same time LEO holds its USD value well and acts as a hedge against Hive. People have been talking about how Hive has been going down and LEO is going up... yeah... that's the standard. The opposite is also true.

So when you look at LEO's RAZOR THIN LIQUIDITY and consider 300k tokens are about to be injected into the ecosystem, what do you think is going to happen? This is not a difficult equation. Once that liquidity starts hitting the market prepare for a dip of epic proportions.

The entire reason people are buying at this price is because they think they can get 120% APR and then sell those tokens back to the market at a profit.

Spoiler alert: not gonna happen. Liquidity go squish.

It's almost too late to even jump on the sell-train at this point. There are only 20k coins of liquidity down to cutting our price in half. 20k coins. Twenty... thousand... compared to THREE HUNDRED THOUSAND entering the ecosystem over 12 weeks. Yikes!

But what if you're wrong?

Um, good? I'm still a LEO mega-whale who owns 1% of the network with huge blogging rewards. I literally can't lose.

If you have a 70% chance of winning $100 and a 30% chance of losing $100, do you take that bet? Of course you do. If you end up losing the bet and conclude you made the wrong decision, you're a terrible gambler, sorry not sorry.

Conclusion:

You know how I'm going to get a piece of those 300k coins? I'm going to buy them off the open market after all you guys that bought at these silly prices get burnt out and destroyed by the impending crash. Not only that, I'm seriously considering providing deep liquidity to the pool on the Ethereum side of the equation. I guess I'll have to research that more, as I'm not sure I can get a good amount of shares by providing the deep liquidity required to anticipate a crash... I guess more on that later. Until then, hedge your bets. This is crypto.

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