RE: Down Day in Crypto My View and Long Term Outlook

$SURGE is in a presale phase, with the regular price of $1 coming soon. It was intended to pre-sell at 80 cents, which it was closer to, back when HIVE was around 20 cents. It was set up on hive-engine with a huge sell wall at 4 (4 * 20 cents/Hive = 80 cents). The sell wall has not been moved up or down, even though though the Hive price is down.

#SURGE pays interest weekly, and it pays a fixed amount of HBD of 0.15 HBD per $SURGE owned, not even needed to be staked. Since the payment is fixed, the lower you can buy SURGE for, the higher the interest/yield in percent terms.

Once the presale is over, and that is coming soon as SURGEs are flying off the shelves 😁, there will be a $50,000 pool with SURGE priced at $1. So at that time, some will cash out for $1 what they just bought for under 80 cents, while others will continue earning over 20% APR on their SURGE. Being that we're talking about a pool, the price you can get for cashing out that SURGE will change rapidly and it remains to be seen how many people can get out for around $1. I imagine you'd have to be fast, but we'll have to see.

In addition to the really nice yield APR, SURGE has a super power ready to be unleashed if the forces of the market align a certain way. One can convert 50 SURGE for 1 LSTR anytime at will. So if LSTR "surges" past $50 then SURGE should naturally rise to 1/50 of the price of LSTR. It is like having an "out of the money" Call Option on SURGE at a price of 1/50 of whatever LSTR is currently at. So if you missed the LSTR pump, you could either get in now or get SURGE for a future entry point.

SURGE and LSTR are in the LEOverse so how you feel about LEO and its team and community may affect how you feel about it's tokens. They have a long history here, and one can examine what they have accomplished and failed at. I won't have much to say about that, other than there have been things that ended up in both of those categories, which is not unexpected. Crypto in general is very risky, and of course not everything goes to plan.

Sources: https://peakd.com/hive-167922/@leostrategy/surge-is-the-first-hiveengine-product-to-offer-limited-downside-unlimited-upside-and-19-yield-while-you-wait-am9

as well as my own opinions!

This is Not Financial Advice. I never give financial advice and I am not qualified nor licensed to do so. Anything I write on HIVE is my opinion and for Entertainment Purposes Only! Do Your Own Research!

Have a nice day! 😃👍

!PEPE !BBH !UNI !LADY