Tx 7c1dd2c0.. | Hive Block 66654809

Tx 7c1dd2c01c886fde7261a92be20923140bc8c280@66654809

Included in block 66,654,809 at 2022-08-02 03:09:39 (UTC)

7c1dd2c0

ref_block_num

4,695

ref_block_prefix

2,263,302,459

expiration

2022-08-02 03:10:33

operations

0.

comment

1.

`parent_author`	engrave.cold
`parent_permlink`	re-grampo-rfra25
`author`	grampo
`permlink`	re-engravecold-re-grampo-rfra25-20220802t030936561z
`title`	""
`body`	"In this context, "open market" refers to crypto exchanges. Every time the ratio between tokens in your own wallet differs from the ratio of those same tokens in the market, it means that one of the tokens in your wallet can be sold at a higher price in the market and another can be bought at a lower price. And today was another perfect day for rebalancing, as HIVE jumped from $0.53 to $0.89 and back to $0.62. ![image.png](https://waivio.nyc3.digitaloceanspaces.com/1659409230_cd0e9877-9aa0-4071-92f6-42a0399f9c32) The main difference between trading and arbitrage is that every arbitrage transaction is profitable and there is no need to bet on whether the token price will rise or fall. Rebalancing simply matches the market, and whether the ratio falls or continues to rise is irrelevant, you keep increasing your portfolio with each rebalancing. One useful thing to remember is that a 10% rebalance gives you the same profit as a 5 rebalancing transactions at 5% difference. "
`json_metadata`	{"community":"waivio","app":"waivio/1.0.0","format":"markdown","timeOfPostCreation":1659409779561,"tags":["waivio"],"users":[],"links":[],"image":["https://waivio.nyc3.digitaloceanspaces.com/1659409230_cd0e9877-9aa0-4071-92f6-42a0399f9c32"],"wobj":{"wobjects":[]}}

extensions

[]

signatures

`0.`	`1f1c84839ead25eeb7815da30c4926a5ab5767953d16039f2e3b7f34093b55cc94203573a7bb692522fe731c8bc6d75e9f642987cbc252fe3a3f144113f983310e`

transaction_id

7c1dd2c01c886fde7261a92be20923140bc8c280

block_num

66,654,809

transaction_num

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