I remember the time when the price of Pi dropped from $3.41 to $0.41. Fearing that the price of Pi will drop to zero, my son asked me to sell his holdings to save his remaining earnings. When the price of the token bounced, I bought back. However, my son keeps pestering me whenever there is a slight movement in the price of the token. I realized that I made a mistake when I decided to sell my Pi while he was around. I suggested that instead of trading Pi, why not invest his remaining capital in something stable? He agreed, and that's why I used his remaining 5,000.00 PHP to invest in LEO tokens.
However, when he knew that the price of LEO rallied 1,140% from 0.10 SWAP.HIVE to 1.24 SWAP.HIVE between 12 July and 13 August, he asked me to sell all his 1,250 LEO tokens. Nevertheless, I was not able to unstake his LEO in advance, and that is why I could not sell it at such an ideal price. I mistakenly thought he would be glad to remain a long-term LEO holder.
I realized something. When it comes to money, and that includes crypto, investing with a family's money is not a good thing. Since our risk tolerance and emotional strength vary, we cannot expect the same mindset and tenacity even from our loved ones. All I wanted at that point was to give his money back so he would stop bothering me.
A week after 13 August, I was able to sell 63 LEO at 1.10 SWAP.HIVE; that's the highest price that my son received for his LEO tokens. In the succeeding three weeks, the price ranged between 0.58 SWAP.HIVE and 0.66 SWAP.HIVE. Finally today, I was able to sell all his LEO tokens for 967 SWAP.HIVE. After powering up 213 HIVE in his account, I sent the remaining 751 HIVE to MEXC.
It was supposed to be 754 HIVE, but the first 3 HIVE did not go through because I failed to input the 105361 memo in my test transfer. I forgot the process of cashing out, for it has been several months since the last time I used a crypto exchange like MEXC and Bitget. It was good that only 3 HIVE were lost in my test transfer.
After receiving the 751 HIVE on MEXC, I exchanged them for 150 USDT and then sent it to Bitget. All in all, my son profited 8,500.00 PHP—5,000.00 from Pi and 3,500.00 from LEO.
