Market Price vs Swap Price - January 10, 2025

in We Are Alive Tribe11 hours ago

I usually don't care much about the market and swap in the liquidity pool. I think the price is the same 😂. The reality say "It's not same". I noticed that some market prices and liquidity prices do not match the chart and some of them are off-chart. For example HH

In the market, we can sell HH for 0.00001 SWAP.HIVE/HH (in my opinion of course 😂) while in swap, we can get 0.00001551 SWAP.HIVE/HH. I also found that someone is selling below the swap price, so I can buy all of them and exchange them to get more SWAP.HIVE. It's quite funny to see that.

Since I want to increase my portfolio, I thought I would trade while selling my tokens at the same time. Honestly, I got so many tokens from who knows where... I think it was from author rewards or curation or dividend rewards because there weren't many. I usually sell them straight away, but now I watch the market and swap first, then decide which one I want to use. If the difference is favorable, I will place a buy order so I can swap them later 😂. I've done some transactions around 2-3 days. Tho, it's not much at least I've done what I can do.


Image from Cryptonomist

Sometimes I see bots placing buy orders a little higher than mine when I place buy orders 🤔. Well, if it's a bot, I'll see how it can manage it and learn the pattern, but when I see other hivers, I'll set the same price. It's funny to see how bots react to that. More things to learn 😍.

How do I determine if it is a bot or not? Well, I only look at one chart at a time (what a human can do) and look at https://he.dtools.dev/ as a reference. Switching between charts, checking orders, and changing prices takes time. It is impossible to do many things at the same time if you are a human. It's still my speculation. It could be wrong. I hope I'm not making enemies in the market 😂.

Staying and waiting isn't my ninja way. Use every seconds to make money or do something useful is better. Have a nice day~

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I don't have a "trader eyes". So, I don't bother much about the difference in between.

By the way, what is this HH tokens for? Any use case?

 10 hours ago  

I think it's just a community token... 🤔 The information is like this in Tribaldex:

Henthusiast Haven Guild is decentralized guild with a goal of creating a HAVEN for gamers and content creators. $HH is the Guild's Utility Token that can be mined by staking your $HHG Tokens, earned by participating in our liquidity pools, rewarded in posting any blogs, and as prizes for any guild activities and events..

So, it is more about curation and author rewards... I think? I see the hashtags #hh and #hhguild in some of the posts. 🧐

For the "trader's eye", I always need it every day for my actual job too so it's more like a daily activity for me. Without that, I can't become a digital reseller. Maybe, that's why I'm itchy to trade when I see a gap between those two 😂.
!LOL

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