LSTR AND LEO TOKEN
What a wild ride the last few days have been. If you don't know then you live under a big rock.
The above graph shows where the $LEO token is at the moment with no sign of it slowing down.
Bellow is a very interesting Sell order book.
If you don't know, and again it must be a big rock, there is this thing, an investment portfolio for the lack of a better them from @leostrategy. They are buying up LEO and keeping it locked up forever. They are doing this with the $LSTR token.
What is interesting to me at the moment is this:
They still have 17,905.87 liquid Hive to keep buying LEO. That combined with the sell order book one of two things are going to happen.
- Liquidity of LEO is/will get short and the price will keep going up.
- People will start unstaking LEO, but this takes time and leostrategy will keep buying LEO anyway and the price goes up.
That is my prediction anyway.
The question now is picking the correct time to sell some LEO for profit and that is anyones guess.
It could be 1 HIve = 1 Leo or it could be a little higher or a lot higher.
I would not care to guess at the moment.
I do have personally a small sell order in at 1 Hive = 1 LEO.
Like most people I am afraid of selling to soon and missing out at bigger profits.
I will more than liekly sell some more at 2, 3, 4, and 5 Hive. If I can get 5 HIve per LEO I will be happy. But I will hold some just incase it goes higher.
As you know that damn statment that won't hold up in court: This is not financial advice, it is just my current believies.
Bradley
Posted using The BBH Project
