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RE: LEO and Steem trading update: LEO has overcome second assault of 12K dump easily and Steem's poor recovery.

in #steemleo • 5 years ago

I still haven't figured out how I F'd up! :( lol

I guess I'll have to bid high this last round.

I think getting cheap Leo is about to be damn near impossible. lol

"It means that someone who wants to get LEO, either somebody has to be willing dump LEO in big numbers or he/she has to buy upwardly."

Yep! A lot of spiking potential.

I think a strong upward trend in near future is very likely.

Leo might not even need to be an SMT to skyrocket in value.

If it moons then maybe we could just "break away" from the Steem blockchain and list that way.

I have noticed some issues with this platform but the issues are worth dealing with. lol

I think Steem is struggling thanks to Steemit Inc's "Leadership".

Yeah bad user experience like premium users like me being blacklisted and censored. :( I'll be glad when most of my Steem is converted to Leo and maybe even some other tokens.

"occasional trader"???

You sure seemed pretty frequent when we we doing some Leo bidding wars. lol

5 years ago in #steemleo by
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     5 years ago (edited) 

    I usually buy some LEO daily basis and stake. However, I sold few hundreds LEO to build a buy wall of around 1220 LEO to protect buy side which luckily filled out ;)

    in last dumpdrakos_2.png

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     5 years ago  

    I thought I saw a small sale or two from you for once. lol

    I'd like to do some short selling but I'll probably wait till the last minute to maybe try and get a deal.

    Did all of your buy orders get filled? I don't think the big buy at .16 ever got touched. I had calculated that it was going to hit .16 but I guess I was wrong. Most of my orders got filled I think so I did OK.

    Good luck with your dollar cost averaging or whatever after the last sale. It seems like everyone is trying to do that but I'll probably just do price spiking and it seems like I'm like the only "real" potential seller although I don't even have a week's worth of supply. lol

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       5 years ago  

      Yes, it filled. I am making strategy for next big dump of around 12-14K ;)

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       5 years ago  

      Are you sure it is that much?
      I'm going to plan for 7500.
      Be careful if you try and short sell. I tried a little bit of that today and the bid went right back up after I took it out.
      I guess .19 will be support very quickly after the final dump.

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         5 years ago  

        It is just a rough guess seeing through the unstakes: @drakos 7.5K, @drumpoperator 2.5K, and others 2.5K.

        I don't have plan for short sell but my regular buy orders will be limit orders rather than market orders to catch the dump for next few days.