Hive hits 0.498 and triggered my sell order, what do I do next?
I have USD 100 worth of Hive placed in the sell order. The aim is to make the 20% sooner than a year, if I were to put that in the HBD savings. I did that after some calculations which I am happy with.
I am glad my sell order was hit 3 hours ago. I now bagged 120 HBD.
This is a strategy I adopt to always win, either gaining me more Hive or HBD. It requires the target price to hit the selling (if I am selling Hive) or buying price (if I am buying Hive). In the case below, you can see the spike in red at the right. That is likely when my last sell order was activated.
Now, I can either park my 120 HBD into the savings to earn the 20% APY, or set a buying price to make sure I have more Hive than I started. The support line seems to be at 0.45.
When that hits, I would bag an additional of 26 Hives from when I started.
You can set the orders at https://hivedex.io/.
P/S: This is not financial advice, and please do your own due diligence before investing.
If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.
You might be interested in this post, @graciousvic, @deflacion, @jacoalberts, @young-kedar, @svanbo, @sumotori, @zakludick, @poplar-22 and @hankanon!
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I think you've got an ingenious plan... I think I'll be trying the same... However I might add the hbd gained into the savings wallet🤔 and have that grow on its own... Then place a new buy order for the other 100 hbd...
I like this, laughs following you has given me some plans I should just set them in motion!
That was my original plan, to save the HBD ... but I am greedy! 🤡 !PIZZA
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That's interesting!
I had no idea you could automate this... duh!
Must be nice to be able to figure out numbers the way you can. My brain doesn't work that way sadly...
it's easy :)
Sure pal! 😆
Easy for you!
I'm pretty good at conceptualizing and seeing patterns/anomalies/solving puzzles... but when it comes to understanding numbers and all that comes with them? Duh!
I have to do transactions to see how they "work". Comes with loss at times, but it's the only way my brain can "see" it.
You're lucky to have such a skill 👍
Feel free to ask, we can walk through this slowly... Or ask your questions, as in what kind of help you need to understand this, and i can write a post for you!
I am hungry for useful things to write on! :)
!PIZZA
I like the idea and I'd like to be notified of when you post.
If I understand correctly, you're buying (setting bids and asks on) HBD/HIVE on the internal market at a 20% margin? Selling for 20% more and buying for 20% less, whichever asset at the moment?
I am of a similar mind in engaging users, and I am not always active when they share. I think I could use some management to frequent my new and engaged followers.
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Yes, I target 20% margins.
And sure, I will add you in, so you get tagged. I look forward to more engagements with you.
!PIZZA
It's a good thing to do, if you know how candles works and how price fluctuation works, I tried it but got failed badly, now I'm just holding what I have. best of luck with the technique.
It's just a small amount. just for cheap thrills :)
That is a good profit and I hope you can get the Hive back at a lower price. Either way, it looks like you have a plan incase things don't go down so it shouldn't matter too much.
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Sounds smart, but if Hive really pumps and further climbs to lets say 80c?
Could anytime happen, and in that case you would be stuck with your small gain and probably would bite yourself in the a.. :)
So as nice as it sounds it has a risk, and with this approach you LIMIT your potential gain.
Therefore I don´t have any sell orders currently.
I will be hiding a stash for 80 cents too! !PIZZA
20% margin is reall great. You are motivated me to start trading Waiting for better entry in hive so that I can enter 🙂
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It appears that you have a well-thought-out strategy in place, so I would definitely encourage you to go for it.
Good strategy, at least at the moment. I guess we'll hit that 0,45 soon as well! I hope it for you :-)
But do I understand it well and when you set a selling order on HBD, this HBD is not bringing 20%/year?... !PIZZA
Looks like I've been wrong @cryptothesis
What a nice spike today! Now I really wonder if it'll go back in the direction of 0,45, stabilize back up to 0,50 or will beat again the 0,55. Any theories?
It's Holding quite well at $0.45 more like at bottom feelings... This plan of your is solid tbh! Trying to do kinda same way.
Well, if you don't mind can I get your discord username? There's ongoing quest for #crew3 Leofinance Gamification.. and you can help me with that or also play as 1k Leo is eligibility...with my invite link 🔗 if you're okay with it and willing to do. Would be Grateful!
Unfortunately, I don't use Discord.
Well, sharing here Incase you want to try out quests and #crew3... Check out from here: https://crew3.xyz/c/leofinance-4960/invite/8PrbDztvIB6tahdivM8zZ
I hope you'll !LUV it and won't take much time.
!PIZZA
You can use any of several Web3 wallets to join #Crew3, though a Hive account is not one of them. 😅 !LUV
@cryptothesis, @savvytester(8/10) sent you LUV. | tools | discord | community |
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