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RE: My BusyBees Weekly Update - 2026 Week 1 - Setting Goals
(edited)
Now it is the time to turn HBD into hive, and when hive goes above 0.50 do the move back.
Another thing that I do is to get any x2 or more increase and move 50% of the profit into stable, ideal in bull market. When bear came use the same stable to buy close to bottom.
0.00002206 BEE
Yep ! I've done the turning HBD into HIVE thing. But I think it'll be a very long time indeed (if ever) that HIVE hits $0.50 again.
So what I'm thinking of doing is taking a smaller, controllable, sum and bouncing it back and forth to take advantages of smaller adjustments in price.
The only issue is finding somewhere to do it where the loss to slippage isn't too low. I've become frustrated with Hivedex, because their exchange rates always seem to lag behind CoinGecko, and usually seem to slightly be in their favour in both directions of trade. When I've got some time, I'll have a look around at other ways to bounce HIVE and HBD back and forth, maybe including switching between SWAP.HIVE and SWAP.HBD in Hive Engine if there's enough liquidity. For a supposedly fee-free ecosystem, there seems to be a lot of loss to hidden fees in the form of slightly skewed exchange rates !
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