So from your techniques... how would this fund work? Will you just leave in a huge BTC buy order, and let additional buy support reinforce above your order? Or are you going to "sandwich" the prices... meaning you place a huge HYPER sell order and a huge BTC buy order perhaps 500 satoshis spread? How is this going to work?
No huge HYPER sell orders until we have BIG BTC daily volume on the exchanges
I'll probably move up the price slowly - buying up small sell orders and moving a nice big buy wall up to offer buy support
I'll aim to lessen the spread so the buy orders meet the sell orders (which happens eventually naturally when volume is high enough).
I'll keep records so when volume is higher, I will make sure I always sell for a profit. Sell orders will be small and strategic so as not to stifle HYPER's upward trend
I don't want to be selling any HYPER on the exchange too soon - so the initial purchased HYPER will probably roll back into one of the other funds for staking until the time is right to earn some more BTC from it for further buy support... When the market is more stable. If I do sell some earlier, it will be spread out up the order book so I don't contribute to any nasty sell walls.
Depending on how much BTC is raised (also I don't want to sell too much of the remaining 386 000 HYPER), I might place some buy supports at key levels such as 3000 sats, 4000 sats, 25 000 sats etc.
- and we're definitely just getting started!
