24 Jan 2018 Arjun Agarwal
Hshare Makes the Most of Market’s Volatility
The Hshare platform is an open source, decentralized system. The token is based on a combination of blockchain and Directed Acyclic Graph systems. It can be regarded as a hybrid since the blockchain is based on blocks and the DAG system is block-less.
Hshare was released in 2017, and while the developers were working on the mainnet, the utilized token was called Hshare (HSR).
At first, the HSR was selling at around $20 per token but shortly after it hit $36, representing an 80% increase in value. Investors got ready to trade only to be met with a rapid decline when token prices dropped to $6.56 within five days.
In September 2017, the HSR coin reached the all-time low of $4.64. Since then it started a journey to regain its former glory and the price is continuously rising.
Hshare could be an ideal candidate for trading because of its volatility and constantly changing trends. With a market that varies, time traders have the freedom of placing trades according to their predictions and make profits.
A quick example – if a trader places a buy order when the prices had reached the $5 level and holds the position for a month, the individual could have made significant profits.
Those kinds of trades, of course, require the use of indicators and knowledge of the financial markets.Cryptocurrency Hshare HSR HSR coin