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RE: Up and... Down

in LeoFinance4 months ago

Nice job on the profits. I am wondering if I should be putting in those orders as well to catch up on those pumps. It could be risky if prices don't go back down, but technically, I got most of the Hive when the price was around 20 cents. So it might mean some extra HBD to hold.

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technically, I got most of the Hive when the price was around 20 cents. So it might mean some extra HBD to hold.

I do put in some very small orders where I practically take out a fixed profit in HIVE (which I keep), and the HBD that was initially traded I move to HBD savings after such a trade gets executed. I did it this time too. Sure, this is potential profit forfeited from the future appreciation of HIVE I could have bought with that HBD (compared to the interest on HBD), that's why I do it with (very) small amounts. But it is guaranteed profit on the way up of HIVE (around 25% usually), plus the interest on HBD.