The Daily Meme #764!

If you read yesterday's post, then you know that you can get a bot to trade the internal market that is very affordable.

You can read that post here.

As a part of monitoring this bot, you may want to open https://hivehub.dev/@botaccount.

When you login, you will see your account's data.

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Click on market.

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This will be where you manage the bot.
You can swap hive/hbd through this interface.

I usually use this ui to gauge profits/losses by converting hbd to hive and adding the two hive balances.

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As you can see I have 217 hive.
This bot started with 200 hive, it is currently 17 hive to the good.

As I stated yesterday, losses can occur if you don't keep tokens on both sides.

It is a simple matter to swap back and forth.
DO pay attention to the number in red, making smaller swaps will minimize the slippage.

I am letting this balance ride hoping to get to enough to not have to swap back and forth so much.
At some point I will take out profits.
But, until then I am doing my part to provide liquidity to the hive/hbd market.

IF we all do this it will help the hive be more accessible to investors.

Maybe we will finally see number go up and stay there.

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Where is the best rate for HBD/HIVE conversion?

Conversion burns hbd and creates new hive.
You can find that in the wallets.
Better is to trade hive/hbd on the internal market.
The IM is arbitraged to always give 1usd of hive for 1hbd.
Any variances are shortlived.

So, to answer your question, I would use the internal market.

!LOL

Posted using MemeHive

I owe my taylor a lot of money.
But he's agreed to cut me some slacks.

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