Binance list hive in future trading a big step getting in more investors and speculated time to get in

As a cryptocurrency trader, I'm always on the lookout for new and exciting opportunities to trade. Recently, I've been keeping an eye on when hive will be listed on future trading , which is currently listed on Binance's cryptocurrency exchange on spot over the years . With the launch of Binance's futures trading platform, I've decided to take the plunge and start trading Hive coin futures. I have been waiting for this for a long time as it will bring in more investors and speculation to the price of hive coin. Now I understand why there was a spike in price of hive as Binance started future trading today which is a new milestone win for all the communities.

Understanding Hive Coin:

Before I dive into my trading strategy, let's take a brief look at Hive coin it was forked from steem few years ago and has been holding up by the community, although the price action seems to be pump and dump as when it rises it usually drops with 48hrs. Hive is a decentralized blockchain platform that aims to provide a fast, secure, and scalable ecosystem for developers to build on. The coin has been gaining traction in recent months, with a growing community of supporters and a increasing demand for its token.

So, why have I decided to trade Hive coin on Binance futures? There are several reasons:

1. Leverage: Binance futures offers up to 75x leverage, which allows me to trade with a larger position size and potentially amplify my gains.
2. Liquidity: Binance is one of the largest and most liquid cryptocurrency exchanges in the world, which means that I can easily enter and exit trades without slippage.
3. Flexibility: Binance futures offers a range of trading pairs, including Hive coin, which gives me the flexibility to trade the coin against other cryptocurrencies or fiat currencies.

My Trading Strategy:

Now, let's get to the meat of my trading strategy. Here's how I plan to trade Hive coin on Binance futures:

1. Technical Analysis: I'll be using technical analysis to identify trends and patterns in the Hive coin market. This will include analyzing charts, indicators, and other technical tools to predict future price movements.
2. Fundamental Analysis: I'll also be keeping an eye on fundamental factors that could impact the price of Hive coin, such as news, adoption rates, and partnerships.
3. Risk Management: To manage my risk, I'll be using stop-loss orders and position sizing to limit my potential losses.
4. Scalping: By I'll be using a scalping strategy to take advantage of small price movements in the market. This will involve entering and exiting trades quickly to capitalize on short-term price fluctuations.

Trading Hive coin on Binance futures is a exciting opportunity for me, and I'm looking forward to seeing how my strategy plays out. By combining technical and fundamental analysis with risk management and scalping, I'm confident that I can make a profit trading Hive coin. If you're interested in trading Hive coin or other cryptocurrencies on Binance futures, I encourage you to do your own research and develop a strategy that works for you.

What are your thoughts on trading Hive coin on Binance futures? Share your comments and ideas below.