More or less, but the idea is due to the same amount of purchase and sales are exactly the same, and therefore it will not be balance amount coming back out. We will dive in to this more later as in why we do not maximize the gain on SELL by increasing the amount of hive throwing in.
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Ok, I'll catch not later when the other post comes out then... I didn't fully understand the maximize on sell part.
How many HBD do you have now? If market continue to plunge, will you have enough HBD to buy back HIVE? Yes? No? The answer is simple, regardless of the ratio, you bought HIVE with 10HBD, you need to buy back HBD with 10 HIVE. In your heart you know, the center of gravity is always 1:1. With that you will not bias to which to hodl in the long run. We will talk a little bit more about why after 1:1 is no longer important or the SELL become insignificant, but that's fundamental analysis which I wouldn't like to dive too much into it because its way even more subjective compare to technical. So for now, sell 10 hive at 0.20, you'll get 2HBD. Sell another 10 hive at 0.25, you'll get 2.5HBD. That's exactly why it's important.
Was in Episode 4 Had I not sold 40hive, I wouldn't have that 13HBD to trade.
I got some HBD parked at 0.1, but of course HBD is scarce right now... I'm starting to make a spreadsheet of my trades to make sure I get more HBD later on since I started this cycle by purchasing the Hive with the HBD I had in my balances...
That's my point. Somehow you'll have to start selling hive, in order to get back some HBD to continue trade. But we always stick to 1:1. I don't care how much previously I spent 10HBD to get how much Hive, I only know now I wanted to trade 10 hive back in for HBD. Current ratio is 0.13? I will just park at 0.15. So, 10hive will be 1.5HBD. how is this maximize? It's just the ratio game. Imagine when the ratio is 1.15? 😂 That will be 10hive for 11.5HBD just like how we ended up with more HIVE then before now, when the ratio is below 1. It will be ended up with more HBD when it's selling
above 1.