SURGE Beats Curation

(edited)

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On August 19, I bought 30 SURGE to test how this token performs in terms of providing passive income. After 27 days, on 17 September, I added 60 more. Two days later, I added another 60 SURGE. Currently, I hold $111.59 worth of SURGE.

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Holding 150 SURGE gives me a weekly passive income of 0.432 HBD. With the current market price of HIVE, that is equivalent to 2.308 HIVE. How about if I make it double, from 150 to 300 SURGE? That would be a weekly passive income of 4.616 HIVE. This amount of HIVE is more stable than the curation reward I am receiving from my posts, which, without the support of @leo.voter, would be fortunate if I received even 2 HIVE.

I am still holding 490 liquid LEO and 3,000 LEO power. The 3,000 staked LEO is for long-term play, whereas the 490 liquid LEO aims to capitalize on the token's price volatility. I am just waiting for the unsold SURGE on Hive Engine to fall below 200,000 and also for LEO to bounce back near 1 HIVE. Once I see that, I am thinking of using the HIVE from selling LEO to add 150 more SURGE.

Posted Using INLEO

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2 comments

Let's see if surge price holds or pump or dump

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No one can crash the price because everyone bought at 4 SWAP.HIVE. If the top four holders of SURGE, equivalent to 23% of the total 500,000, will "crash" the price, that would mean they are willing to sell SURGE at a loss. The crucial question for me is that once the 500,000 has been bought, what will the LEO team do next? I think they will issue another batch of SURGE until they reach the maximum supply of 2M.

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