I have been swapping HEX for PLSX when it hits

Question

I have been swapping HEX for PLSX when it hits

435 or above (i.e. 1 HEX = 435 PLSX) and swapping hex for PLS when 1 HEX = 120 PLS. I swap them back, once 1 HEX = 104 PLS or when 1 HEX below 400 PLSX. is this a bad strategy? if yes, what am I missing?

#cryptocurrency #english #hex-crypto

0

17.05.2023

7 ответов

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Antonio Miranda Автор вопроса

Nenad [I won't dm you]
Trading works until it doesn't any more 😁

I am not thinking about USD. Is just a matter of trying to increase HEX, PLS and PLSX bags

0

17.05.2023

Nenad [I won't dm you]

Antonio Miranda
I am not thinking about USD. Is just a matter of t...

Trading is still trading, regardless of what you use as a unit of account

0

17.05.2023

Antonio Miranda Автор вопроса

Nenad [I won't dm you]
Trading is still trading, regardless of what you u...

I see your point. I think I will stop it as I feel comfortable with the bags I have. Is just I see so many people doing so much dumb things, it is hard to resist

0

17.05.2023

Nenad [I won't dm you]

Antonio Miranda
I see your point. I think I will stop it as I feel...

I know and as long as you know what you are doing there's no shame in it. We try our best to prevent people from rekting themselves, but most will do it nevertheless. Nothing wrong in taking from the table what they leave on the table.

0

17.05.2023

Antonio Miranda Автор вопроса

Nenad [I won't dm you]
I know and as long as you know what you are doing ...

hey Nenad. Indeed. Just now, 1 Hex was 115 PLS. I am of the firm belief that the majority of bags coming from the bridge (once they clear) is to get PLS exposure. which means, to me, in the short term, if we see 1 HEX = 120 PLS or 115 and above, is a good swap

0

17.05.2023

Lance

Antonio Miranda
hey Nenad. Indeed. Just now, 1 Hex was 115 PLS. I ...

I don't follow your reasoning... It's clearly pHEX (the copies) that's trading at around 110-115 PLS. eHEX being bridged over is trading at 250 PLS or more. So you're saying when pHEX goes above a price of 120 PLS you'll buy more pHEX

0

17.05.2023

Nenad [I won't dm you] · Accepted Answer

Nenad [I won't dm you]

Trading works until it doesn't any more 😁

0

17.05.2023

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I have been swapping HEX for PLSX when it hits

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