so I guess it would make sense to continually do this process by selling the HBD received on the internal market for Hive and then restarting another converison to HBD etc.?
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so I guess it would make sense to continually do this process by selling the HBD received on the internal market for Hive and then restarting another converison to HBD etc.?
Yes, yes it does, as long as you are getting more than a 5% discount compared to buying with USD on internal market, it makes sense to buy Hive and repeat the process until you're all in on the collateral.
An alternative is to hedge your risk to Hive price over the 3.5 days by selling the HBD for fiat, with some strategy for buying back Hive during the 3.5 days.
thanks a bunch!