"Every cents earn in trading matters".
I started being here in Hive just last month so that means I am now a more than a month old user in this community. As a month old user, what I usually did is explore on how Hive works and how to be successful here. I obseve and learn that if one wants to be successful here, one should invest. Invest time, effort, and money to make an account grow. Investing money is not really needed here especially if the blogs created received good amount of upvote but in my case since not all the time, I receive huge upvote so I explore on how I can increase my HP so that my voting amount will grow too.
What I have explore this afternoon is buying and selling Hive to HBD and vice versa for the first time. I don't know if this is the correct way of doing it so to those who will read this, just comment if I didn't make it right since it is my first time making it.
This is the earning payout I received this afternoon. But before claiming it, my wallet in HBD and Hive has a smaller balance already. In HBD I have have 0.4 balance and my Hive wallet has 0.419 Hive. So when I added the HBD payout that I received earlier with my last balance, I have 5.413 HBD already.
This 5.413 HBD is what I sold to Hive in the market. With this amount, I was able to sold it to 16.505 Hive. This amount I received from the HBD sold when added to the small balance of Hive in my wallet that would sum up to 16. 924 Hive. This amount will be the formal amount that I have listed as my starting amount to be used in Buying and selling Hive to HBD and vice versa.
Buying and Selling Hive For the First Time
With the 16.925 Hive balance, I sold it to 6.339 HBD. I still didn't tally the amount profited in this since I had said that this will be my starting amount to buy and sell.
Then minutes after, the 6.338 HBD is sold to 17.025 Hive. It's not that big but it already matters to me. As what most traders say, every cent acquired in trading counts. And with this small profit earned, I'm happy and grateful for it already. From 16. 925 Hive to 17.025 Hive.
Next sell is selling 17.025 Hive to 6.624 HBD. From the 6.338 HBD now it turned to 6.624 HBD. With it I earned 0.286 HBD. It's already more than 25 % of 1 HBD right?
The 6.624 HBD is sold again to 17.774 Hive. After selling it, I had to stop doing it because of some personal things that I had to do. And I thought that it would be my last sell for today but when I checked that the 17.774 Hive balance increases to 17.869 Hive, I sold it to HBD.
The 17.869 Hive was sold to 7. 506 HBD. From the starting amount that is 6.339 HBD now it becomes 7.506 HBD already. If calculated, I earned 1.167 HBD for today.
For now, I will just remain it in my HBD wallet and I will continue to trade it tomorrow or the next days so I can have more Hive to power up soon. I am also thinking to join the power up challenge next month so I'm eager to increase my Hive tokens for now.
You can also find me here: || noise.cash || read.cash || Blurt ||