A Fiction Story - From Rags to Riches: How One Man Turned To Be A Millionaire with Hive Trading

in Cent4 days ago

Just call him Harto. People call him Mas Har. Har is a young man who is quite intelligent, but he is not very good at socializing. However, he is not an introvert because he still likes to participate in formal social activities. For example, he always joins charity events held on campus.

image (74).jpg

Har spends a lot of time surfing the internet. Almost half of his free time is spent online. Har happens to be a graduate in computer engineering. He works in a computer workshop. The company he works for is small, with only about 12 employees.

Every day, Har serves clients of the company, whether they are individuals or business entities. He goes to the client's shop or house to fix their computers. His income is quite decent for a single man. However, he has two younger siblings who live in their hometown. Their father has passed away, and their mother runs a traditional food stall at the local market in their village. His younger sister, Melati, is going to graduate from high school this year and has aspirations to become a doctor.

As the eldest son, it is a tradition in Javanese society for Har to take over his father's role in supporting his siblings' education. Har's income is around 4,500,000 rupiahs per month, which is the average salary in Bekasi. Every month, he sends around 2 million rupiahs to his mother and siblings. Har lives frugally; he shares a rented room with a friend, with a monthly rent of 700,000 rupiahs, meaning he pays 350,000 rupiahs per month. He also has a monthly motorcycle installment of 1 million rupiahs. So, after deducting all his expenses, he has around 1,200,000 rupiahs left for food.

However, Har is clever. Sometimes he takes on computer repair jobs outside of his working hours, earning extra income. This additional income is Har's savings.

One night, while surfing on his laptop, Har came across a social media website where he noticed that articles had dollar values attached to them. Intrigued, he signed up and explored further. However, he became confused when he saw varying amounts in different accounts. Late at night, he turned off his laptop and went to sleep.

The next night, after returning from work, Har sat down and opened his laptop. He revisited his Hive account, where he still struggled to understand everything. As an experiment, he made a post, but it did not receive a high dollar value.

With his basic computer knowledge, Har quickly understood that Hive is a cryptocurrency-based social platform. While he was aware of Bitcoin, he never took much interest due to its high price.

Aryo: Har, next month I plan to resign.
Har: Why?
Aryo: I recently applied for a job at a construction company in Kalimantan, and I got accepted to work in the computer network maintenance department.
Har: Congratulations, Yo, you are indeed lucky.
Aryo: You can also try your luck elsewhere, Har.
Har: Thank you for your advice, Yo.

Har's roommate leaving means he will have to pay the full rent of 700,000 rupiahs per month.

Har learns about Hive and decides to buy and hold Hive tokens for a long period. He studies the price chart of Hive, noting that it once reached $3 but is currently valued between $0.23 and $0.3.

He has savings of around 15 million rupiahs. That means he will receive 3750 Hive at a price of 0.25.

Har opened an Indodax account and bought Hive, which he then transferred to his Hive account. Although he didn't have time to post, he always kept an eye on the Hive market in his internal wallet. The price showed an increase to 0.31. Har decided to sell his Hive and obtained $1,162. His mind was increasingly intrigued by the profit he had gained.

Har waited for the price of Hive to drop. While at work, he saw the price of Hive drop to 0.27. Har hesitated about whether to buy or not. During his lunch break, he decided to buy Hive on his phone and ended up with 4303 Hive.

Har was very busy with his work, so he didn't have time to check his Hive account for several weeks. While lying down, he remembered his account, logged in, and checked the market. He was shocked to see the current price reach $0.68. Without wasting time, he sold and received $2926. Although he considered taking some profits, he decided against it, understanding that the Hive price wouldn't drop drastically, so he kept the HBD in his wallet.

He went back to work, forgetting about Hive and hoping for a drop in price. After a month, he checked and indeed the price of Hive had dropped to 0.28. He decided to buy all and ended up with 10,450 Hive.

Har: "I've made enough profit from this trading... I want to take some... but for what purpose." Finally, Har canceled taking any Hive.

He continued working for almost two months without looking at Hive, although he sometimes checked the price. For him, he would sell Hive if the price approached $1 or more.

Bitcoin's price surged to over $60,000. This had a significant impact on other cryptocurrencies. Har checked Hive and saw the price was still at 0.5. He didn't want to sell. After work, he checked the price again and saw Hive had jumped to $2.8. He stopped eating, quickly logged into his Hive account on his phone, checked the wallet and market, and sold Hive at the highest bid price of 2.78. Boom! Har immediately earned 10450 x 2,78 = $29,051. Converting to Indonesian Rupiah, it was 464,816,000. That was a substantial amount of money.

Har still felt there was no need to take profits from Hive. He wanted to withdraw Hive when its value reached 1 billion rupiahs.

He waited for the price to drop. After a long time, the price of Hive dropped again to 0.3. Har bought all the HBD he had and ended up with 96,836 Hive.

Har forgot about Hive again. He would sell if the price went above 2. One to two months passed but the price of Hive stayed the same.

Bitcoin's price returned to $60,000 after dropping to $40,000. This was good news. Indeed, the price of Hive rose again. It was heading towards 1.7, but Har held on and waited until it reached 2. He fell asleep that night. Upon waking up and checking, Hive had already surpassed 2.3, but he didn't have time to set an order. The red graphs indicated that the price of Hive would continue to drop, reaching $1.8. Har hesitated, but quickly decided to sell Hive, and now he owned 174,305 HBD worth 2,788,876,800 rupiahs.

Har intended to withdraw some of his assets in Hive. He withdrew from Indodax several times and eventually transferred over 1 billion rupiahs in multiple withdrawals. Upon returning to his hometown, he bought a new car and convinced his sister to pursue a medical degree after graduating. Har resigned from his job to live in the village with his mother , sister and brother He started a chicken farming and catfish cultivation business using the money he earned from trading Hive. Though he still traded on Hive, he now focused more on his chicken farming business.