Meeting my LBI targets and pulling profits in process.
When LBI started, I put my targets of 1000 LBI (leo Backed Investments) but with time I increased my targets to 1500 and successfully reached my targets.
Once I learnt that LBI is going to the price increase in coming February, then I decided to increase my targets to 2000 LBI and I was already sitting on 1900+ LBI.
But in past 24 hours I get nice opportunity to add around 90 LBI , bringing my LBI total above 2000 and I successfully completed my goal with few days to spare.
How I pulled Profits.
I noticed that there is difference of .1 in LEO bid price and LBI ask price in leodex.io/Hive-Engine. So instead of sending my LEO to LBI-token account for issuance of LBI,I decided to sell my LEO and purchase the LBI from leodex.io/Hive-Engine. In total ,I am able to do swap with 90 LEO in my account.(there is scope for more but I have only 90 LEO available.) Since I am getting profit of around .1 hive for each LEO to LBI each conversion. So in total I make about 9 Hive and even taking 13 cent a Hive,it is income of $1.17.
So just make sure that you check price of LEO and LBI in Hive-engine before you re going to buy LBI.
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Posted Using LeoFinance Beta
