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Oops, i did it again! I bought more RUNE

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@spinvest
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Hello, SPIer's and welcome to another mind-blowing SPinvest post. Today we are going to talk about RUNE and me buying more yesterday when the price of HIVE was 40 cents. Why RUNE? Why not? We already have some but I think we need more and all the signs were there telling me to pull the trigger. Hell, if there was no 3-day wait on withdrawing saving's, I'd have sold off 18k of SPI's HIVE, baa-haha. Well, I might not have done 18k as that's a lot but I would have dipped my toe with 5-10k HIVE hoping for the price to drop, as it has since. At the time of writing, HIVE is trading at 31 cents and my target cash out would have been 20% less than we sold it for which would have been 32 cents. Never mind and thanks to 3-day withdrawal trap, it works great. RUNE...so we got some RUNE and to be honest I what some more, just a little more before we move onto the next thing which is... im not sure yet.

Ok, so to date we have bought just under 400 RUNE, just waiting on the spreadsheet to open and...we own exactly 398.67 RUNE with an average buy price of $9.05 and we're in the hole to the tune of -34%. If this bullrun is really over and there is no rebound and I've bought us into RUNE at its peak, I'll be super pissed at myself. Our first RUNE buy was around 1 month back, RUNE was having a -23% day are something ridiculous like that and JK had just sold off a bunch of POB when I was trading at over 1.5 HIVE and sent me the HIVE. I'd been eyeing up RUNE for a while and seemed like the perfect time to get SPI in. We bought in at $11ish and it went up to $13-14, I felt like a genius and all was good for about 1 week until the market...well, you know it what down. Around 1 week later that, the price was at roughly $9 and we were holding some folding so I bought more to add to our position and lower our avg buying price. That was 2-3 weeks back and well, the market is down more and RUNE has been trading at under $6.

  • HIVE jumped 25% to over 40 cents
  • Over 2000 liquid HIVE in the spinvest wallet
  • RUNE trading at under $6

We all know that when I crypto jumps 25% in 1 day, it's prob gonna drop 15-20% the next. As the HIVE in the wallet was for off-platform investment that been building up for a few weeks so the timing was good. RUNE was trading at $5.90 yesterday so it just made sense to top up on some RUNE. I'd still like to buy another 100 to get us to 500, no rhyme is the reason why other than it's a round number and if RUNE revisits $20 again, it gives give 5 figures.

Why the boner for RUNE? I dont know about it inside out, in fact, I should know more about it. What I do know is they are working on something that should make the requirement for bridges between blockchains obsolete. Having core BTC, erc 20 ETH BTC, trx 20 BTC, bsc BTC will not matter, it'll all be the same thing same as a dollar from one state being spendable in another without restriction. Whether they are able to deliver what they say and if they can successfully promote it is up to time.

Long term, I see it staying relevant within the crypto space and having a bag should pay off div's in the future. I dont plan to see the long term and hope for the bullrun to continue and to beable to sell it out starting at $20.

What do you think about RUNE? You think it's a good buy?

Thank you for checking out today post, i hope you have enjoyed it.

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