Selling? What a heck?
Every day numerous times I'm looking at the LeoDex data. Not so much in the chart itself, but more in order book depth.
And specially - in the order book entries. Who exactly is selling, and who is buying.
Yes, majority of the names there are trading bots. The same names on both sides, BUY and SELL.
Buy low, sell high.
Those bids/asks are typically not large, most are between 0.1 and 40 Leo.
However, there are also a bunch of already recognized Leo participants. Whish on the SELL side keep orders of 100-300 Leo and more.
Even some very new members, which seem to be in a rush to get rid of their very first earned LEO's
And then one and the same question rings in my head:
What they will do with that received HIVE?
For every sold LEO you get now what, 1.5 HIVE ?
Send them to exchange, and you end with 1200 Satoshi's?
Is it worth? Seriously?
The TREND
I do not consider myself a good trader, nor a good TA analyst.
Bet when I look at Leo's chart, even my unexperienced eyes see something clear and solid. The trend.
Not the bubble. Not the hype, nor any dangerous bear signs.
All what I see is something truly "bullish".
Or do I miss something?
Please leave you thoughts in the comment section down below.
Needles to remind, that on my blog they are upvoted most of the times. As sign of appreciation