People could say that I am impatient on the way down and I don't wait for the full movement down
No one can predict the "full movement" down. Most of the time it's either you end up getting it wrong. It's best to just take the profit and wait for another swing to play the same game. That's a decent chunk of profit you've made. Could easily be worth 220$ at 2$ Hive. I think some of these back and forth trading is an underrated way to earn decent Hive before the pump.
I think some of these back and forth trading is an underrated way to earn decent Hive before the pump.
I think so too. It's its tedious and repetitive nature and some work to keep things well-organized that probably keeps more people from doing it more. Plus the risk that it might go wrong and end up losing instead of winning. But it seems pretty safe with Hive pumps, at least for my acceptable level of risk.
For me, I've lost more times than I've won and the problem is always when you try to either sell too quick or sell too late, either way you're probably going to get burned if you're not careful. I think a 2 to 3$ price point will justify the whole stress.
I got burned a couple of times too, but lately I seem to have a better handle on them. I ended up in smaller or bigger profit in all Hive trades I entered this year at the end of the day. But it is true, you never know when this streak ends...
Well I like to think we'll get a nicer rally in the summer and it'll all pay off. Unfortunately for me, I got burned in all except the one I did a few days ago.
Well I like to think we'll get a nicer rally in the summer and it'll all pay off.
That would be nice! I hope we will, at least until June.