EARLY SPIKE IN THE MARKET FOR TUESADY
Yesterday the market was gloomy for my portfolio.
I took the emotion out of it in order to react peacefully.
It is hard to take all the emotions out of the room when I
see Novavax spiking up 42% before opening.
This is the momentum that is shortcoming in the market.
Now it is not out of the blue why #nvax rises up like that.
The company has received a grant by the governement to
find a vaccine for covid-19. $1.6B is a lot of funds that make
all investors jump out of their chairs.
How sustainable is this? We will know by 3:30 this afternoon.
For now it is riding high.
The sound alarm is still ringing high in the ears of everyone. Since reopening most states fair poorly and more people get sick again. As the market making its move, small businesses are suffering. I did ask that question to a friend the other day, is this the new normal? Looking at the market as a whole, you might think it is okay. Truly there is more to look around.
#hive is trading higher than #steem in 24 hour quota. Somehow we are stuck at the 20+ cents valuation. I am positive with the trend knowing we are the one that can move the price up. We are the clean example of a social media blockchain. Twitter is the place to see how many of us telling the world where we stand.
I look at the traders sentiment and so far more are buying. If you check #coingecko graph you can see #binance , #probit and #mxc are the leading candidate for #hive. Somehow #bittrex is liggering around. I used quite a few of them lately. Gladly it is positive to see #hive in a good place and the support of the community is outstanding. Can't wait to see #hive hitting $1+ . As of right now do your best to pick up as much on the market. Less hive to trade will force the price to go up. Even though the reward pool is generated more coins everyday when you power up your #hive, you get 3.36% APR of your hive power. Another way for you and me to stay on the game. Always invest the amount you can risk. Investment is pure risk.
Checking back with #nvax, the price already dropped below $100. It shoes how quick the tide can turn. Another fact of investment it is long term. Had to build one day at a time. Hopefully a green Tuesday will be welcome.
Posted Using LeoFinance
