.15121/.18895 - PAL Pressure - LEO - Tags - 4/618

in #palnet5 years ago (edited)

It seems like everyone is coming out of the woodwork to put their asking price up for LEO today. I saw at least one big trader and at least one big air drop beneficiary decide to sell.

I think I did help bring the asking price down today.

Like dtube mentions Pal does seem to be under a lot of pressure lately.

LEO and PAL Tribe updates from a trader's perspective- LEO FOMO continues and PAL in downward spiral without whale's support

It does seem to me that LEO has done very well considering all the sell orders that keep coming out to dump their stake. It does take time to powerdown other accounts and buy LEO so I think eventually LEO will rise. On the bright side the buying price is lower so people can get in at better pricing.

I think I will start using the palnet tage every post so I can use that to get more LEO.

source

Monday 9-16

#mysearchisover
1213 Steem 750 LEO

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I made some good returns on leo recently, sold 40 for 1 steem each, then bough 100 at .14 and sold them again at 1 steem each. Liquidity gap trading is gr8 in this one.

Plus there is less risk. Leo seems to have real support plus an upwards trend.

How are you doing all this if you don't want to give up your ID?

Of course it's natural Pal would fall, it's the new steem, tribes, communities...it's more profitable now to circle jerk auto voting. No one has to fear being downvoted if they are all in a group that has each other's backs, Pal was set up from what I understand to be a safe haven away from being targeted for a down vote attack.

https://www.steemleo.com/@sunlit7
I think you can log in with just using your posting key.

Interesting. Pals problem seems to be lack of buyers.

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