RE:RE:What a trapmackieresearch wrote: The only trap is you short selling day traders telling people to set stop losses to trigger a sell off on Hive.
Egh, everyday it's the same story..
You are right in one thing, everyday is the same story. HIVE finishes at the day low. ETH is up 8%, all of the other blockchain related companies that I follow are up over 10% and HIVE is down over 5%. If ETH turnse negative tomorrow, HIVE is going to $1.50.
Of course people should put stop losses. Maybe if you put a stop loss when you bought HIVE above $4 you could have cut your losses.
This is not an investment it is a trade. I made over 16K trading this dog for the last couple of months. If I held it I would have been down 16K if not more. So what is smarter?
I just regret thta I did not sell my 5K shares this morning at the open, but I fulishly beleived that this will recover with ETH recovering. My mistake.
As for earnings, they will be a huge bomb and will not be released before middle of March. That is why management is not announcing the release ahead of time like other companies do.
The only thing you can expect is another financing and more dilution. You can keep flooding the board with useless information, and expresing love for the mangement, but that will not help HIVE. The only thing that matters is the price. Price is always right.
Mark my words, this is going down in the near future. It will never see $4.
Good luck to all.