Weekly Hive update - 146
Another week has passed and because I'm on holiday, here is a short update on my Hive progress.
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!
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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?
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
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?
I'll head right off, and read through... Thank you
Indeed. I converted 80 Hive to HBD and already sold the HBD for almost 40 Hive again
Then, I understand completely
Was this profitable when you ran this transaction? If yes, this was really a wonderful move.
I have to wait till the conversion is complete tomorrow. Will let you know then
I'll be waiting, sir
Thank you
Here is the full "receipt":
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!