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 an 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.Blockchain Cryptocurrency Hshare HSR HSR coin trading token