This is exactly what happened when @blocktrades announced the fork.
I bought a bunch of Hive in preparation for the spike, but then when the spike came (+40%) I sold instantly instead of waiting 24 hours for it to materialize (+200%). The same is happening with this Huobi listing.
I'm having flashbacks to little league. I never had the self control to wait for the wall. I always swung early and sent the ball flying into left field or foul in that direction.
However, I only made this bad decision with the Hive I bought at 1600 sats. Buying this Hive put me in an overextended risky position. Last night I set a sell order with my powerdown at 4000 sats... which was better... but now Hive is spiking up to 5000, so we'll see where it lands.
I say again this crazy volatility has a good chance of dumping. That is my experience with these exchange listings.
However I am pretty annoyed that I was so willing to dump the coins that turned me into an Orca. Now I have to hope the market crashes or eat the loss if I want to get back up to 50k. Oh well. Like I said I was overextended on my favorite crypto anyway. The risk is high.
Cat update
So my cat has crystals and blood in her bladder. So that's obviously super fun. Apparently this issue is much more dangerous for male cats as blockage in male cats is far more likely and possibly deadly or requires mega expensive surgery (good thing she's not male).
The vet hopes to fix this issue with diet. The food we feed our animals is garbage and the cancer that our pets die of is our own damn fault sadly. Pretty lame because I feed her pretty expensive food, but now I have this prescription stuff that is supposed to turn the urine acidic and melt the crystals. Also the doctor gave me antibiotics to give her "just in case" which I don't like doing but whatever. She was already improving before the diet change so there's a chance she was going to recover anyway on her own.
Conclusion
My cat is fine and this market is taking crazy pills.
Return from Pulled the Trigger Too Early! to edicted's Web3 Blog
