It's Saturday morning, 6 AM.
Time for longer relax, right?
As usually, I woke up for a few minutes, and grab my phone to check BTC, ETH.
And LEO too, sure. :) Went to UNISWAP. To wLEO/ETH pair.
WHAT ???!
I saw this:
OMG, is it now $0.26 ? Almost?
Quick jump to LEODEX. I see it still hovering there around $0.21
AHA !
This is now! That sweet time of arbitrage !
Fast forward to LF, wallet page. I must WRAPP them, and then I can trade, right?
But, probably because of still being to sleepy, on small mobile phone somehow I managed to hit a wrong icon.
You know those tiny yellow icons seem so much alike. Especially on small mobile screen.
And I don't noticed I'm still in LEO section of the wallet, not in WLEO (on the Left)
In next few moments I realized what I have just done.
I'm going to DUMP now 3600 LEO on LEODEX ! And dump badly, from $0.21 all the way down to $0.17 or around.
3600 coins is not a joke for shallow LeoDex !
What a terrible mistake, instead of selling at $0.26, to dump $0.21>>$0.17
But I was lucky today. As it turned out, that swapping app just had not enough funds, so it bounced my coins back:
Be it having 5454 Hive coins or more - you all could been getting a nice dip today on Leodex.
On the desktop PC a small advice message pops up, once you move your mouse on it:
On the mobile I don't see it.
And obviously was not paying to much attention to the next window:
This @swapp.app is BAD.
It can act very much against your interests (if you are not careful enough)
So, here is my advice:
Always be sure what you do, always make double check what is going to happen after you hit that final button.
Even when sleepy, even in the middle of Saturday night.
Happy trading.