Hey - I didn't know dat no :)
Thanks for the heads up!
Just starting getting into tokens so I hope I'm not stepping on toes and creating extra admin for people π
Moving stuff around to see how it works. Only way I "get" things is by doing so π¬ I'm maybe driving people nuts! π
But tokens are very interesting indeed! Now very keen to learn more and that's in progress now π
I'll let you know about my bananas
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Learning about tokens by doing is great :) You can buy, sell, stake, and trade most of them easily and cheaply in Hive-Engine and the other Hive exchanges :)
!PIZZA !ALIVE
!LUV
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I did! Pretty cool stuff π
I'm figuring it out in fits and starts
It's actually rather interesting. Surprising for a someone who doesn't usually find interest in such things
I guess it's like learning to trade. But without the risks if you're smart about it. Quite fun all in all. ππ»
Trading doesn't have to be risky :) If you're worried, keep only a few cents in your trading fund until you gain confidence. Just remember to sell it for more than you buy it back for, and you'll slowly build up your trading account.
Also not keeping much in there or staking the bulk of your rewards will guarantee that you can't accidentally sell a lot cheaply. For example, I have a good stake of POB. I can safely sell small amounts of the rewards when it's high, without any chance whatsoever of accidentally selling the bulk of it. I'd have to deliberately unstake it, then wait for it to become liquid.
The small POB rewards I sell help me to build up my stakes of Leo, LGN, and BRO. LGN and BRO don't have a staking option, you get rewards for holding it in liquid form. But most tokens do require staking.
!PIZZA !ALIVE
!LUV
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@nickydee! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @wrestlingdesires. (8/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
My biggest problem is that I like people and don't want to sell their tokens... :/
So I don't trade them! π
Told you I'm shite with money!
It's actually when you sell a whole lot at once, with no intention of buying back cheaper that you're not being very nice to the project. Selling them high, and buying back cheaper can actually be beneficial to both you and the project. And selling small amounts of something that you have lots of, in order to get into yet another token doesn't hurt anyone :) ... But luckily for you, most of these benefit you even if all you ever do is stake :) ... Especially the ones that pay dividends in the form of liquid Hive π Don't forget to drop by PYPT in a few hours, if you share a post you get fifty PIMP!
!PIZZA !ALIVE !LOL !PIMP
You must be killin' it out here!
@wrestlingdesires just slapped you with 1.000 PIMP, @nickydee.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/1 possible people today.
Read about some PIMP Shit or Look for the PIMP District
@nickydee! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @wrestlingdesires. (8/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
And I did not know this about PYPT. And I didn't connect it with PIMP. π
Thanks for letting me know π
Super shy to speak in public. Still. Maybe one day π
You aren't required to speak, you can do it via typing until you feel comfortable β₯οΈ
!PIZZA !ALIVE
!LUV
Which pay dividends and what is "liquid" Hive?!
See?
That's how little I know and I'll also lose focus in the next five minutes because I have stuff to catch up on reading wise. So be quick dammit!
Also... on and offline so it's not you. It's me. Being slow. Again π
Liquid Hive is what's in your account that you can power up, sell, or trade :) ...
PIMP, LGN, and BRO pay Hive dividends π
Thanks for this. Good to know.
Can you automate this? To sell set amounts when specific increases in value occur? Think I saw something on this π€
There are bots for that, but the easiest way is to just set a decently high sell order :) Or stake them when you see it's too low to be worth selling.
!PIZZA !ALIVE !LOL !PIMP
You must be killin' it out here!
@wrestlingdesires just slapped you with 1.000 PIMP, @nickydee.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/1 possible people today.
Read about some PIMP Shit or Look for the PIMP District
@nickydee! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @wrestlingdesires. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
