Start of the month ritual: Waiting for the LARYNX price to dump
First up, let me state that I have confidence in SPK and its LARYNX token. I believe it is a project that has some upsides if we see the growth of video content on Hive, and SPK network could play a key role.
The chart above shows the price of LARYNX in Hive.
As I have mentioned earlier, there seems to be a dumping of LARYNX at the start of the month when the claim drops are available. Study the chart and make your own assessment.
I am not afraid to publicize that I have put a small buy order at a lower price as I hope people will dump after claiming.
I am not afraid to publicly announce it as my reach is limited, so there isn’t much impact, I think.
If people read my post and start to place buy orders or become less inclined to sell, it would help support the price, on the other hand.
Either way, I am happy!
P/S: This is not financial advice, and please do your own due diligence before investing.
If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.
You might be interested in this post, @graciousvic, @deflacion, @jacoalberts, @young-kedar, @svanbo, @sumotori, @zakludick, @poplar-22 and @hankanon!
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