Degen

Welcome to Hydrogen Strategy Guides! Hydrogen is a powerful and flexible decentralized exchange. Every week we'll showcase a new trading strategy that can be automated using Hydrogen. 📈

Keep reading for prizes and alpha 🧵⬇️

Let's start with a simple but effective strategy

Bill has $100 that he would like to invest. He thinks that ETH will appreciate in value over the long term. He decides to buy ETH now and sell it later at a profit.

Bill exchanges his $100 at its current market price of $2000/ETH for 0.05 ETH. Then he places that in a Hydrogen limit order to be sold at $3000/ETH. He expects to receive $150 out for a profit of $50.

The upside of this strategy is that if Bill sells, he will do so at a profit. He can calculate and tune the profit of this strategy before he places these trades. The downside is that he must wait for the limit order to fill, with a chance that it never will.

But Bill doesn't need to constantly monitor this strategy - Hydrogen will help him sell his ETH when the price hits his target. He is confident in this strategy because he is confident that ETH will become more valuable. He can also withdraw his ETH any time before it is sold.

Bill's limit order is live on Base mainnet and waiting to be traded against.

https://app.hydrogendefi.xyz/#/pool/?poolID=15001

Here's how you can copy Bill's strategy:

1. Market Order Buy ETH https://app.hydrogendefi.xyz/#/market_order?outputCurrency=ETH

2. Limit Order Sell ETH https://app.hydrogendefi.xyz/#/limit_order?inputCurrency=ETH

3. Your USDC profits will be deposited into your wallet when your order is filled.

To kickoff the Hydrogen Strategy Guides series we will be giving away $25 in prizes to two lucky winners. To enter into the drawing for the first prize ($5):

- Follow us @hydrogen
- Like and recast the first cast in this thread
- Tag a friend and drop your address

To enter into the drawing for the second prize ($20), use the Hydrogen interface to place a limit order.

Rules:
- Your order must be placed on Base mainnet
- Your order may trade any amount of any tokens

https://app.hydrogendefi.xyz/#/limit_order

Winners will be announced November 27