My buying experience with PAL in @steem-engine
I have spent 310 Steem to buy 2156 PAL. I have paid 3 Steem as transfer fee to get into @steem-engine. My average price per PAL in Steem is 0.144. Considering current price at 0.194 Steem, I am up approximately by 35%.
I was able to buy few hundred PALs at 0.045 Steem. However, I have paid as high as 0.186 Steem per PAL.
I have also got 3051 PAL as airdrops from my family accounts (@riseofth and @theia7). If I consider them, we have in total 5207 PAL. So, we together are a dolphin in PAL terms. We would be also at 36th position in the PAL richlist.
Here is full list for PAL richlist, thanks to
@khaleelkazi: https://steem-engine.rocks/tokens/PAL/richlist?sort_field=stake&sort_order=desc
If PAL stays below 0.2 Steem, I will buy more. If PAL goes back to 0.05 Steem, I will make a serious attempt to make 50K PAL. I have doubt that PAL will be dumped again like the beginning.
In future, when SMT will be released, PAL will be traded in big exchanges such as @binance-hot, @huobi, @okex, or even @coinbase etc who knows. PAL can go to in parity with Steem. If Steem price corrects to $2 or even $5, it will be a serious investment.
Best of @palnet is the agility in the developments and experimentation by the team. I believe in the team led by @aggroed. They have implemented SMT tech in few months than what STINC is holding for more than two years. This team care about their projects and also understand both the community and market demand.
Peace
@dtrade
Crypto-trader and miner since 2013
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