Making, Staking and Hodling on to dear life

Bitcoin has been testing $12k for some time now and has touched and dropped in the period. Meanwhile, in that same time, Hive has also been testing 26cents in a similar fashion, which indicates that in the event if a Bitcoin run-up, we're going to be following closely.

I've been testing the market by making small sales as well, to see how people respond. I tested 26cents and it was bought up in a short space of time, after which I bought back in at around 25cents, which isn't much but in my defence, the main aim of that trade was to test the market.

To further test the waters, I put in sell orders at .30, .50, .70 and $1 just in case a monumental run-up happens whenever I'm not online. Despite my sell orders, I'm actually not expecting that kind of run-up, but instead, I suspect it will be a protracted pump where we'll be rising by a few cents, settle for a while and then rise again.

My gut tells me this bull run will be long and protracted, so you're going to be hodling and sweating when people are selling if you want to ride the top. I'm still very butthurt for missing the top when we got to $1, so I decided I'll only be selling for around that value. After all, it's said and done, and expectations are laid on the floor, we're all still at the mercy of the market, so let's see how that goes.

Posted Using LeoFinance