Too many Lions are selling their LEO to buy SURGE. Everybody is sucked in by the discount and thinks they'll be able to immediately sell for profit. A few will, but after that I think it's going to go back down to about the current discounted price.
SURGE should be bought by 3 things, imo. New money. Converted HBD. Powered down HIVE. If people are selling LEO to buy SURGE, they're going to miss about a 7x on that LEO for the chance to get a 20-25% gain on SURGE along with 15% interest. Just my opinion....
Great thought process. I would want to take leo profits into something like surge at much higher prices. 0.15 is too cheap to give up what I bought and earned.
Too many Lions are selling their LEO to buy SURGE. Everybody is sucked in by the discount and thinks they'll be able to immediately sell for profit. A few will, but after that I think it's going to go back down to about the current discounted price.
SURGE should be bought by 3 things, imo. New money. Converted HBD. Powered down HIVE. If people are selling LEO to buy SURGE, they're going to miss about a 7x on that LEO for the chance to get a 20-25% gain on SURGE along with 15% interest. Just my opinion....
Great thought process. I would want to take leo profits into something like surge at much higher prices. 0.15 is too cheap to give up what I bought and earned.
so many selling they are just keeping it steady for now.
🎉 Thank you for holding LSTR tokens!
Your post has been automatically voted with 6.4% weight.
Much of Leostrategy's capital is positioned in substantially lower buy orders than your sale side position.