Selling a little SPS on (what I think is) the Pump...
I've been steadily accumulating SPS over the last several months, and harder since it dipped below $.10.....
And I think the Validator Node sale presented a good opportunity to offload some.....
The trend against Hive certainly suggested this was the right move...
Although the SPS spent on the nodes will be burned, I don't think this is enough at this moment in time to maintain the price at $0.11....
I think we're going to go back down a bit, so I'll just buy back this SPS when it goes back down.
As usual I've been very cautious about selling, I mean for all I know Hive could crash harder than SPS, and SPS is what I want MORE OF....!
I did actually sell more than 1000 SPS, I just did so in chunks of 1000 more or less all at the same price as above and I'm just leaving it here as a reference for when I might buy back in - if I can get 1500 SPS for the same Hive, that would be very nice, but I might start nibbling when (if) it's 1200!
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That's a nice move :)
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That's good trade. SPS will have these moments. But since I only have a few hundred SPS tokens, it is better for me to keep on stacking. I did sell some and bought it back, made about 3 Hive profit !
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The way the whole market behaves I believe HIVE's gonna have a hard time holding above $0.40. $0.25 - $0.30 might be teh bottom imo. I don't know, though, how well SPS will hold against HIVE. What's that validator by the way?
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I know what you mean, I've already started buying back at a 5% gain which is OK to start with thinking exactly same!
Hive sure ain't gonna escape those ripples.
It enables you to earn from running a Splinterlands Node - but it's at least 6 months until they are operational.
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I see...
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