Hello friends of Leofinance, in this installment I have decided to share the following. The future of Dogecoin seems daunting, and the truth is I have some faith in this cryptocurrency. Therefore I have decided to exchange my miserable earnings in Hive, to invest them in my first Dogecoin and this is how I did it:
1. As you can see from my account wallet, my earnings on hive are miserable, and they have been since I made my account in August 2020. I think what I have posted on both hive and Leofinance has been very boring, so that posting frequently is useless if no one reads me.
2. As I mentioned before, I decided to sell my hives doing it from the BlockTrades site, so I logged in to carry out the transaction.
3. If I wanted to sell my Hive for BTC or ETH, I couldn't, since as you know, its price is too high compared to the crumbs I want to sell. I have previously sold small amounts of hive for Bitcoincash, although I could also sell them for other crypto of less value such as Dash, Monero, bitshares or Litecoin. In this case, what interested me was to sell them for Dogecoins, the crypto that is trending in recent days.
4. Later, the site will ask me for an address to deposit my first Doge, so I had to go to my account on the poloniex exchange, go to the deposit section and select Doge and thus show me both the address and QR code.
5. Once the address was copied, I went back to the Blocktrades site to paste it, taking into account that I made the transfer from HiveSigner
6. After that I continued, entered the password, and confirmed the transaction by clicking approve. After doing this process, I checked my Hive wallet, and indeed my balance was blank.
7. Back on the BlockTrades site, it can be confirmed that the transaction was completed successfully, and clicking on Output Hash will send us to the page dogechain.info, where more details and information about the transaction are shown.
8. - Finally I go to the exchane of my account in poloniex and we see how I already have my first 31.28211130 Dogecoin, which as of today is equivalent to $ 1.55
As you can see, there is very little benefit I have made of Hive since I joined. While I will keep my Dogecoin held for a while to see how its value behaves, in the same way I will try to continue publishing some posts, although I already know that I will not obtain almost profits, if not a single penny, but the few miseries of money That I win I plan to keep changing it for Doge. Well I just wanted to share this experience with you friends of Leofinance, thanks for reading and good luck.
- All images are screenshots taken from my desktop PC.
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That wasn't so boring! I suggest you get a wallet such as Exodus to keep your Doge securely. I've been told it's not a good idea to store on an exchange after the Mt.Gox hacking. You never know how valuable your Doge account might become! Good luck!
Thanks for reading, and I will take your suggestion into account.
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Hmm, WOuld I ever sell HIVE for DOGE? That was a big investment decision you made.
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This is just an experiment, don't take it too hard
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Sell Hive to get doggies?
Never have seen a more stupid move.
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Neither did I read such a stupid comment hahahaha. If you didn't read that right, I haven't made a lot of hive, so I should spend the crumbs that Hive shit gives on something. Notice the idiotic sarcasm.
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Fundamentally, I wouldnt buy DOGE. Its a Meme coin, and even the charts are a Joke.
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I didn't buy a fortune in Dogecoin, hahaha. It's what he got me for, because the crumbs I've earned on this shit from platforms like Leofinance and Hive won't even buy me some condoms. Note my sarcasm.
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