Playing around with the PORN gap.

in LeoFinance •  2 months ago  (edited)

I will never tire of PORN token puns dear reader; but in all seriousness, the PORN token buy/sell gap is looking nice. The black circles and arrows {below} represent what I am buying and how much it will sell for at current rates. Of course, this is not guaranteed. The books could change before my lists are filled. But, at current prices, I will buy 500 PORN for 15.05 Hive and I will sell the same 500 PORN for 50 Hive.
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The red circles and arrows represent the sell and buy prices which make up the PORN gap. You can clearly see that PORN tokens are selling for 0.1 Hive each and buying for 0.03 Hive. The point where the two red arrows touch represents the gap.
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Playing the Gap?

Lets talk briefly about the different scenarios that can happen from trying to "Play the gap."
#1. The Buy and Sell orders could go up before you sell or buy tokens. A.k.a nothing happens.

#2. You could buy enough tokens low and then sell them successfully to make a profit. If you are lucky you can repeat this a few times.

#3. You could buy more token value than you sell. This means you are stuck with extra tokens. Hopefully you can use them or sell them later or else you lost money.
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FAT GAP.

Posted Using LeoFinance Beta