Three days ago I discovered the beauty of how easy it is to deposit and withdraw HIVE on Binance (the beauty is there seems to be no deposit fee and it's pretty fast, like really really really fast).
Anyways, I've been meaning to seriously try trading since last year. I tried buying and selling DEC's before on HIVE-ENGINE and while the first 2 days I made some 'well a little' profit, it all went downhill fast after a week leaving me with some loses.
And days ago, from the liquid HBD/HIVE and after converting most of the tokens I have (from DEC to tribe tokens) , I decided to give Trading another try. Overall I think I manage to get around $75-80 in total.
Since I am not sure what coins to buy I decided to put it all (convert) on BNB. XD
Why BNB and not the hyped coins? Well I reckon if I do end up losing money and BNB crashed at least I can still use this little BNB of mine to my Binance Smart Chain Wallet and then use for the transaction fees in there. Lol At least I now have enough for a minimum withdrawal. Also, seeing that almost ALL transactions there needed BNB as a transaction fee, I don't think this will crash that fast right?
Anyways, I bought at ~$600 USD and apparently BNB went down to only $539 now. Leaving my first day of Trading in the red. Lol
I am gonna be patient though and would not sell it now. I however put a sell order at $600 in hopes to at least get my original $$$ back.
With this I now have a new goal. Before this month ends, I am aiming to turn that current $72 of mine to $100.
Good luck with your goal! It's definitely possible, maybe put your sell order a little higher than 600 so you can at least make some profit off of the trade.
Posted Using LeoFinance Beta
Thanks! :)
Initially after buying it at $600, I try to sell it at $630 right after (the highest it reached 2 days ago) but seeing it today at $530, I changed it back to $600 just to try and get breakeven.
I might change this one back to $630 if the price goes back close to $600 hopefully to get some profits.
Time to put that $BNB to work on #CUB
Well yep that's the plan after hopefully making this $72 to $100. At the meantime I am slowly converting my LEO to CUB. Goal is to have 10 CUB stake this week and probably 50 CUB before this month ends. :)
Sounds like a good plan to me, I did farming then pool the cub on top. I remember when the cub/bnb pool was 10,000%APY 😂😂😂
Yay! 🤗
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