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> Todays lesson is on greed and patience.

I have been trying to trade and make some gains, which I have been doing, but I have also been trying to be more patient, setting my targets and waiting. The problem is, like I mentioned the other day, is if the targets for a buyback are a touch too low, nothing gets bought, and that means, no percentage gain on the upside when it breaks out And, this is exactly where I found myself lamenting my patience (or greed), as I missed my first buybacks by about half a cent the other day on HIVE, and decided I would keep waiting. With Hive hovering around the 0.35 mark, I was expecting a drop, not a near 100% drive upward.  


![IMG20241224142806 (1).jpg](https://files.peakd.com/file/peakd-hive/tarazkp/23vsSkmJFCzeDiadvnTYXaqY25fXTGycToqkQJC4ycsmbHHa27EhE8drwqceuTz3ejiUY.jpg)
> The picture is of a Christmas decoration, but it will suffice for an asshole.

If I had made those buys and sold where I would have set those sells, I would have still missed the top by about 15 cents so far, but the gains would have covered about three months of missing salary that will not be arriving. That would have likely come in handy, and even if I ended up not needing it for living expenses, it would have been nice to have it for another buyback cycle. 

> And herein lays the issue.

The risk in trying to catch these swings, means if one is missed, it has a knock-on effect for all the others to come. While technically nothing has been lost, the future potential gets reduced. And, while I still have what I sold into, to make gains on it I am going to have to buy something else that I am less familiar with, and look for profits there. At the moment, I am not sure what that is going to be.

At the moment, HIVE is so high that it is unlikely to be a reasonable time for it to come back down to my buys, and then go back up to make gains on it. So, I will look to make some other trades between and gain there, and then wait until HIVE is back into a reasonable (for my trade cycle) buying price. 

>It pisses me off a little.

Because "old me" would have been more impatient and would have bought HIVE back "too high", which would have meant I could have taken large advantage here. However, old me also has a lot of experience buying HIVE back to early and then having to wait many months or years before it is at a reasonable sell price again - which is why I used all the willpower I had not to buy back this time. 

> *Assholes.*

Old me would also have very little liquid available... And that was the case this time too. Because while I had some, I used it all "being bold" to catch these swings. However, I *Really wasn't expecting* the swing to be so large so soon. I thought I had a couple weeks still. 

And herein lays another problem, because as I have said before, when HIVE moves, it can move very fast, and now it is likely to go up in the space of a few days over a dollar perhaps, which will be before I and likely others will get liquids. However, I know of a few that are taking advantage. 

> Oh well. *Such is life.*

Now that I have *ruined the potential of a good swing trade,* the next step is to find something else to spend the USDT on, and see where that leads me. If anyone has any ideas that aren't just stupid, let me know what your suggestions are. 

Hope you had some successful trades out there!

Taraz
[ Gen1: Hive ]

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