A little rollercoaster ride? (2024.12.18)

in LeoFinance3 months ago

My Hive sell order from yesterday is still open.

Hive went down from around $0.28 to around $0.26 USD.

I rarely actively trade to earn on price movements, but today I decided to do it.

Even if only with a very little amount.

Today I bought 9.777 Hive for $2.62 HBD.

I already placed an order to sell 9.777 Hive for $2.73 HBD.

This will be a $0.11 HBD earning even with such a little trade.

Little both by the amount, and by the price movement too.

It will take only $0.011 price increase from $0.268 to $0.279.

Soon we will see how much of a rollercoaster is this.

It takes some kind of bravery or something like that to actively trade (place buy orders and sell orders to earn on price movements).

Or maybe only I see it this way currently.

I see that it is possible to earn dollars with trade values like around $50 HBD, and with similar little movements.

And with even less than $50 HBD, but with higher movements.

Of course the market can go anywhere anytime.

It can go down too, and maybe it will stay there for months.

This is where I think that the bravery comes in.

Mainly with higher amounts of money.

I wish successful trading and successful investing to everyone.