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RE: LeoThread 2023-08-26 19:43

in LeoFinance2 years ago

I was unaware of the #HBD conversation. I'm powering down to move to HBD, as I just can't utilize my Hive these days.

I'm not going to buy HBD now, but unsure if I should move my stake out of the system.

What are your thoughts. #Hive

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Can't say what you should do, but I hope you find some reason for not leaving the Hive ecosystem. Instead find some value in here

Ignore the noise in HBD interest rants.

Stick around LEO you'd feel much better around us.

Till 2024 end you'd be finding crypto swings as it is. So no need to panic.

Chill around us at LeoThreads, lot better than all drama & panic.

I'm hearing the grumblings but can't figure out what everyone's talking about. Is this about lowering the interest rate or is there some trouble going on with the ecosystem?

Just lowering the rate which something could start a run on selling HBD, while I doubt that will happen it will for sure slow down the purchase of HBD at least for a while

Personally, I'm not allowing this little kerfuffle to be a catalyst for decision making.

The decision to reduce my Hive was made 2 weeks ago.

Where to put it now is what is in question.

Half the time I don't know what to do with my life, so when it comes to suggesting what you do with yours, I doubt I'm qualified, but I'll try.

You can put the money in my wallet.

LOL. Thank you for the suggestion! Good to see you

I knew I'd at least get a laugh. Of course it's good to see you as well.

I hope you stay in the ecosystem

I wouldn't suggest powering down now, while Hive is at a relatively low price. If/when Hive increases in price, you'll be able to buy more HBD for the same amount of price. That's my tentative plan. Don't make fear-based moves.

I'm not afraid, I've been on board since the early days and the trajectory is down

Well, that's true for all markets (defi and traditional). We're deep in a bear market. It becomes far too easy to buy high and sell low.

Market seasons *bear and bulls, I am well aware of that.

In the first Bull run we hit $5 and change, the second one $8, Third one $3...

Their are good and bad seasons but the trajectory is down.

Hmmm, well Hive is now a separate entity from Steem, so I'm not sure whether we can really establish a genuine trend. In either case, the substantial margin between the highs and lows is something that can be used to our advantage.

You do have a point, but if I move money out of Hive into another down token, when they rise they will both rise, unless one is doing more than the other to grow and create during the bear season.

That's where we honestly can't predict how much one can outgrow the other. My best prediction (and it's a mere prediction): Hive will go up in price over the course of some number of years. 😂

Is there anything other than price which would keep you here, though? I'm personally trying to establish a community that's focused on interaction, compliments, and helping each other, with rewards being a prominent yet secondary factor.