nkwarteng

Long on Pivot Token

Long
HUOBI:PVTUSDT   None
The crypto industry is one that will make so many people wealthy, and all you have to do is HODL (Save).

Pivot Token has been heavily invested in by Binance Smart Labs and they hope to make a blockchain, social space and trading platform in one.

Pivot has a few issues with their website, their transparency, yet they still seem to be moving in the markets.

The concept is one that is quite promising if they can sort out their slight issues.

Observing the chart here we are using our usual indicators. Fibonacci, RSI and MACD.

From the chart, PIVOT is at its lowest is has ever been, and I believe this is due to the heavy investments of Binance, along with the issues on their websites, and community.

Binance being a known centralised exchange of course deters trust and confidence, ultimately undermining the origins and reason for the blockchain, nonetheless, the masses seem to be adopting it.

As we are right at the beginning of the cryptosphere, almost all cryptos purchased TODAY! will result in substantial windfall.

The cycle of life as we have seen in history is recession and progression, with this in mind we will find crypto to increase in usage regardless of its utility over the next 10, 20, 50, 100 and 1000 years.

Pivot fulfils multiple issues and presents some innovative ideas that can be improved on and developed. A value less than 1/10 of a cent, purchasing now and having the value rise to just 1 cent will mean a profit margin of 1000x.

This is an opportunity, nonetheless a risky one, so we take a long term view on this token.

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