Weekly Hive update - 146

avatar

Another week has passed and because I'm on holiday, here is a short update on my Hive progress.

Screenshot_20210830081935.png

Screenshot_20210830081956.png

Last week I was on 6660.2 HP, now I'm on 6686.7, an increase of 0.40%. This is a good increase for me. The dollar value is up from $3,538 to $3,757. Nice to see it keep going up!

Posted Using LeoFinance Beta



0
0
0.000
8 comments
avatar

Wow..... It's a wonderful process.... Cheers

I hope that you will gain more in the next couple of weeks.

I have a question, sir, what is that "+ 1 conversion" under your Hive balance?

How did you come about it?


Posted via proofofbrain.io

0
0
0.000
avatar

Since HF25, you can convert Hive into HBD. This is only attractive when the price of HBD is above $1.05. The higher the HBD price, the more you earn in the end.

For more on this, you could best read: https://peakd.com/hive-167922/@themarkymark/are-you-converting-hive-to-hbd

0
0
0.000
avatar

Since HF25, you can convert Hive into HBD. This is only attractive when the price of HBD is above $1.05. The higher the HBD price, the more you earn in the end.

I see.... What you are saying is that the reason, you have the +1 conversion reflecting in your wallet, is because you usually convert most of your Hive to HBD, right?

For more on this, you could best read: https://peakd.com/hive-167922/@themarkymark/are-you-converting-hive-to-hbd

I'll head right off, and read through... Thank you


Posted via proofofbrain.io

0
0
0.000
avatar

Indeed. I converted 80 Hive to HBD and already sold the HBD for almost 40 Hive again

0
0
0.000
avatar

Indeed

Then, I understand completely

I converted 80 Hive to HBD and already sold the HBD for almost 40 Hive again

Was this profitable when you ran this transaction? If yes, this was really a wonderful move.


Posted via proofofbrain.io

0
0
0.000
avatar

I have to wait till the conversion is complete tomorrow. Will let you know then

0
0
0.000
avatar

I'll be waiting, sir

Thank you


Posted via proofofbrain.io

0
0
0.000
avatar

Here is the full "receipt":

Screenshot_20210901-084248.png

So I converted 80 Hive, which costs 5% (4 Hive), and got almost 10 more Hive at the final closure. Net 6 Hive or 7,5% return in three days!

0
0
0.000