Today I decided to complete the trade I made during last week's pump. It's something that I had never done before. I just usually watch things go up and down and dream.
But as we pumped thanks to the Koreans I saw the price of Hive shoot up and I didn't have an escape plan. I still don't really but trying to build my have stack is ultimately what I what.
When the price of Hive reached $.795 I sold 700 of my 1200 liquid hive. I received 566.4 HBD for my troubles.
Then of course I watched hive pump even further and had my finger on the trigger to sell my remaining 500 Hive at $.85 but I got cold feet.
So I had 500 liquid remaing and 566.4 brand new HBD. My plan was to jump back into Hive when the price of hive fell to below $.69 for a 10% gain.
I did not do it. I just let it settle in and hoped it would go lower and I was enjoying the stability of HBD. But then I saw hive dip into the high 50s range and at 60 it seems quite stable.
So this morning I bought back my hive at $.60 and have 246.9 more hive than I started with and at today's prices a profit of $148.
I know hive is volatile but hive is my goal and learning how to do a simple move like that will help me grow my stack. There are much better ways to take advantage of a pump but I'm not well versed in trading. This is the best I can do lol
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