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Convert Convert Convert Convert!

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Jay Lord
@jlordc
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2 min read

Well here I go again with me trying to learn "Trading Trading Trading".

These past few months I have been trying to earn some extra $$$ through trading DEC's. (You know buy some DEC when the price is low and sell it when it is high) just like how some people on the blockchain increase their wealth, but since I don't really like to take risks I'm just satisfied in doing it through DEC's atm.

Before the Steem/Hive saga it was somewhat going well but afterwards, well I would just love to forget how I sold over 200,000 DEC's to HIVE (at $0.26 USD at that time from $0.15) and then converted it to BTC and then days after HIVE rose to ~$1. T_T Still remains one of the biggest regret of my life.

And then last week I noticed that HBD was valued at ~0.75 USD. I know there is a feature on some frontends that lets you convert HBD at a flat rate of $1 and so I bought some HBD on the internal market and then converted it back to HIVE through the convert feature.

I bought 150 HIVE and got ~62.788 HBD, to which after 3.5 days of converting, I got 212.121 HIVE! 61 HIVE more. XD

To be fair though when I bought 62.788 HBD, it's market value was only around $0.80 USD, not sure how much I would get now that HBD is now close to $0.93 USD.

I do want to cancel the ongoing conversions I have but don't know if that's possible. I would love to wait to convert it back when HBD is again close to $0.8 USD or lower to get more HIVE.