Arbitrage Begins....
Well this year has started on a great note for myself on Hive.
Currently on my 365 daily post run and at day 4, this has given me a perfect topic to write about.
Now for those that follow @keychain and @hivecreators on Twitter you should know about the #hivewrapped contest they had been running.
https://x.com/i/status/2005739114243506442
Well the follow up post announces the winner and @arc7icwolf has already used the "Thanks for the prize" motion as a post already so I choose for mine to be different 😂😂
Arbitrage..,
That's right folks...
Arbitrage...
The magic between crypto buying and selling....
For the crypto illiterates amongst us...
Crypto arbitrage is a trading strategy that profits from tiny price differences for the same digital asset across different cryptocurrency exchanges or markets
Be educated!!!
( I say from my educated standpoint which I gained 3 days ago.)
At first though, I thought about keeping it all. I have been planning on building my liquid hive stack in either this or my @seki1bank account but now I have an even better idea.
Due to my low finances and irregular need of funds which thankfully hive still helps to provide for... E.g
I'm not at the point morally where I can limit myself to just a large fund sitting in my wallet when the price is still volatile.
(The woes of independence)
But this is hive, and I'm all in!
So I'm banking on the volatility.
We've seen a climb back from 0.09 up to 0.11
And now we're back at 0.098 ≈ 0.010
As you can see in this later screenshot the price has changed again in just 1 minute.
Arbitrage is when one takes advantage of these little changes in different exchanges.
But where it's low, sell where it's high..
The same coin, multiple exchanges and making profit off the market.
Regardless, I'll be starting with 2$ ≈ 20 Hive and I'll work my way up from there.
This would be done on my other account for ease of management so all transactions can be tracked there.
In this kind of trading it's mostly luck, skill and a bit of prayer. But oh well, 2026 is for risky moves and to be honest, I personally feel hive can't get any lower so I'm waiting for the pump to maybe 0.14 and then a cool down till 0.12 or 0.11😂😂
I believe we can see the points where I'll sell to HBD and use it to buy more hive.
Regardless my first trade would be published so let's see how that goes😂...
Memes are random gotten from Crypto Twitter, Gifs are from Tenor and the screenshot is mine.
My Instagram page.
Posted Using INLEO