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RE: How to Ruin a Good Swing Trade

in LeoFinance18 days ago

btw, the Hive to SPS trade may be useful if you are inclined to prep for pack buying when CA releases.

Currently SPS trades at a fair price to Hive in the LP's ( HBD has a rubbish rate and it's messing with my strategy of buying HBD with hive when it pumps and buying Hive back with HBD when it drops, it's a pit, in theory it should work but I guess the internal HE market is too inefficient☹️ )

With 1 SPS = 10 DEC atm, I am hoping that the SPS:DEC exchange rate will go closer to 1:30 near CA launch and I'll have three times the ammount of DEC to buy packs with.

Of course if Hive goes to $1.20 , given my cost basis I'd be just as well off staying in Hive...lol!

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I haven't put anything into LPs for a very long time, but perhaps I should have a look. If SPS goes well, I might have to sell some!