Hello, hive music people!
I decided to do a bit of a post about my latest round of Vibes and Vibes miner trading. I wanted to write the post here on Music For Life, because Vibes is the token for this community.
I've been posting on the steem platform a couple of times a week to earn steem to use for trading for other tokens on Hive-engine and the newer Tribaldex platform. Both platforms are supported by the same devs with Tribaldex being kind of a newer version of Hive-engine, as far as I understand it. Please correct me if I'm wrong about that.
Yesterday, I transferred a bunch of steem to Tribaldex to use to trade for other tokens such as Bee and Vibes. I would use more hive from my account, but I've been powering most of that up to grow my account.
I came a bit late to this platform so I missed out on the airdrop for Vibes. That means I have to either buy or earn the Vibes that I want to hold. Yesterday, the price of Vibes was still up so I decided to buy a few more miners. The cost of a Vibes miner right now is 4.5 hive each. The first miners that I bought when I first heard about the token were 3 hive each, but those are all sold, leaving me with the higher price per.
I had originally bought 10 miners at 3 hive per because that's all the spare hive I had at the time. Last evening, after I had transferred the steem, I decided to buy 20 more miners, after first trading steem for hive. So now I have 30 miners. Not very many compared to some other accounts holding them, but the best I can do right now.
Tonight, I went to the Tribaldex website just out of curiosity to check on my holdings, and I noticed that the value of the Vibes token had gone down. I'm guessing it went down because of people selling it off for profit. That does happen...
I decided to check the price, and it looked pretty good, so I ended up getting 25 more Vibes, which I then staked. I'm going to be staking my Vibes because that's how they hold value.
I actually sold off some of my weed tokens that I had liquid to add to my hive holdings on Tribaldex to help with getting some other tokens such as Vibes. I have 2300 weed staked, and I plan to still hold them. Selling off some liquid weed tokens just helps me get more Vibes to improve that stake.
So anyway, I now have 67 Vibes staked, not too bad for having to buy it on a low budget. I'll get more as I can.
Well, that's all I have for this post, thanks for stopping by to check it out!