The original target of 50 USDT has been reached, and I've taken partial profits on my $RIVER spot holdings.
I've been telling everyone not to short $RIVER lately, and honestly, I don't mean to keep mentioning @RiverdotInc, but it's the only altcoin I've held onto for a while now that I dared to sleep on. Even with high-risk, high-reward trades, my portfolio consistently outperformed swing traders. The management is truly the best I've seen among altcoins in the past few months, bringing back some of my old crypto feel.
Especially when I was simultaneously holding altcoins and MMEs constantly penalizing high-risk traders, this experience was invaluable.
For the past few days, River has been the most discussed altcoin on Binance Square, with countless stubborn short sellers holding onto their positions. Perhaps without this fuel, it wouldn't have taken off for so long. No complicated schemes, just pure, unadulterated strength.
As long as the negative fees remain, I wouldn't be surprised if it hits $80 now.
I placed a bet with a friend today that River won't go to zero in three months. As long as it doesn't drop to $5 on April 22nd, I can still win big! ☺️☺️ Marking this post, I'll send out red envelopes if I win.