A successful trade with HIVE !
Exactly 26 days ago, I wrote this : It's the best time to buy hive !.
I bought 1000 hive for 950 satoshies each. Because I saw that a good price to buy. The reason is because in the chart about 2 months ago I've seen the price reached 1400 satoshies. So, I was almost sure that the price will grow to almost that point again.
Recently I've seen the price reached about 1000 a few days ago, but I decided to not sell because that will not bring me a significant amount. So, I decided to wait more and kept believing that the price will go higher. But because I missed the opportunity to sell with 1000 satoshies, I decided to put an order for 1100 saotshies each. All those 1000 hive.
So, today everything was sold. I spent 0.0095 bitcoin and sold for 0.011. I earned that way 0.0015 bitcoin and that's about $50. If we count that in percentage, I turned about $320 hive to about $370 and that's about +13% in only 26 days.
I will keep the experiment on, and I'll buy more hive when the price will drop again. My goal as I said is to earn 10k hive, no matter the time it will take me. Then I may power up that or more. ☺
You may learn from this that trading could take a long time, and you have to have a lot of patience to reach your goal. As well, you have to trust in the coin you're trading. Today hive reached even about 1300 satoshies, so I could earn more. The next time, I will trust in it much more and give it more time to sell.
That was some good purchase dude.
Yeah, I'll do that again and again and that will grow. I hope to reach 10k in one year.
I wish you the best and you really can with the way you are going.
Thanks a lot.
Of course, trading takes time, if you know how to play your cards right, you'd make a lot of profits in the long run.
Congrats on your successful trade.
Posted Using LeoFinance Beta
Thanks a lot.
Nice bet!
@tomwafula, sorry! You need more $PIZZA to use this command.
The minimum requirement is 20.0 PIZZA liquid, and 0.0 PIZZA staked.
More $PIZZA is available from Hive-Engine or Tribaldex
Nice flip. Assuming you bought Leo and curated with it, how much will you have earned?
I'm staking leo and curating it as well. I can't put all the eggs in one basket. I'm diversificating that way.
Nice. Keep on stacking bro
Thanks.
Amazing! The price of hive has gone high, anyone who invested must have received good profit. Congratulations to you!
Yeah, the price is awesome. Thanks. ☺
Nice experiment you took with the trade. Great it paid out well. Best wishes has you work towards amassing 10k hive.
Thanks. I'll keep updating about this. I hope to reach my goal. ☺
Great. Looking forward to it. Will be following closely to learn a thing or two. Concerning your goal, I believe you will in time.
Now, you are waiting for the price drop.. haha just play in a short move when drop 10 % you can buy more hive. The indication that hive is going to rise the price to $1.
Posted Using LeoFinance Beta
I'm not waiting. Just checking. 10% is not a lot knowing that the exchange take some fees. I also don't like to check the price everyday. I just trade in long term. Only when I have time. Thanks also to people who remind sometimes about the price to check. Yesterday I found a post talking about the price and that's why I checked.
About waiting the price to go to $1 is not for me. Because I don't care that much about dollar price. I think bitcoin is the main currency. That's why I prefer always to check hive-btc. That's why you see me talking about the price of satoshies. Dollar is fiat money. It has a lot of inflation and we are crypto people after all !
Congrats!
Thanks. ☺