Nice earning$ from trading Blurt in Probit
"Buy low, Sell high"
If done at the right time then it could grow any token just like growing mushrooms ~ out of thin air.
Last night, there have been major trading activities that happened to the Blurt/BTC pair in Probit. If I'm not mistaken there are over 150k Blurt tokens that were added to the volume in a few hours. I believe it has something to do with the ending of the trading competition and the participants are trying to bulk up some more Blurt for their rankings. There are more trades that happened last night compared to the previous days.
Finally, the orders have crossed each other. It resulted in the price to push back and forth within the range of 100 Sats to 56 Sats. That's an incredible spread!
I was lucky enough to realize what's happening and so I tried to tap into that activity and put some orders in between.
In a matter of minutes, my orders get filled and it resulted in a 13% increase in my Blurt token holdings.
I earned about 1,136 Blurt tokens! ($12 in current market price)
From an initial amount of 8700 Blurt tokens to a total amount of 9836 tokens in a matter of minutes.
That equates to a 3-week curation activity in Blurt using my 100k Blurtpower.
Maybe it's unfair to compare curation earnings and my earnings for trading because they are different in any sense. But that's how I like to put things in perspective. Since there a lot of ways to earn tokens in the Blurt network and even outside of it (in exchanges).
Authoring a post is probably the most time consuming and doesn't really give the assurance of the earnings until it pays out after 7 days. Some of my posts earn me a net amount of 40 tokens while on some occasions I earned a net amount of 350 tokens. I can't really tell exactly how much will I earn because it will depend on the other users.
Curating posts is probably the most straightforward way of earning tokens. I would say that I'm earning around 25% APY for my daily upvoting activities. Something that I enjoy doing because I'm learning while earning at the same time.
While posting & curating are a good enough way to make use of my time & resources, there's another thing that I always wanted to do for my earnings ~ trade them!
For many, it's a risky game to play. If done wrong then I could lose some tokens. That's part of the deal whenever I place my orders and I'm fully aware of that.
On the other hand, that's also the part where it gets exciting. If the trades go to where I placed my orders then I could easily earn 10s or 100s of tokens in a matter of minutes.
Do it at the right time then this could be easily replicated with a good chance of success.
Be reminded, folks. It's a risky game and if you decided to place your bet, make sure that you've done your research about the token. Place the money that you're willing to lose.
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Glad you made out there mate! Reminds me that I need to take a look at my Blurt account as my first post netted a couple hundred BLURT, and see how my second one did. Did you buy your 100K all at once? as I had 2k BLURT from the airdrop.
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I sold my airdropped tokens while Blurt was priced at around 500-300 Sats, and then I bought back when the price crashed at 60 Sats.
Then bought more while at 60-80 Sats, I spent some of my Hive to get more Blurt. Back then 1 Hive = 23 Blurt.
Over the past few months, Blurt had a series of price pumps from 120-240 Sats. Sold some Blurt to buy back Hive in Ionomy. Recently, been swapping Blurt & Steem for Hive, especially now that the price of Hive is on a downtrend.
You should totally check on your Blurt balance. There's so much earning opportunity just by swapping around these 3 coins: Hive, Blurt, & Steem ;)
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