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RE: Avoid HBD

in LeoFinance4 years ago

Take it easy bro! No need for calling the article a garbage.

First, the primary target for this post are those who wishes to convert HBD to Hive during a spike in price and not for those like you who managed to figure out ways to trade HBD.

I am happy to learn from you that liquid HBD can easily be traded and I will definitely like to provide an update to this post ASAP.

If you wish, you may provide more details on your stance, I am no Island of knowledge you know!

I stand to be corrected.

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Sorry I over reacted. Hard day I guess.
The place is the "internal market"

https://wallet.hive.blog/market

Ecency has an interface as well but not peakd (it redirects to Hive.blog interface)

HBD is not quoted on many external markets - Bittrex is closed for HBD and Upbit is mostly (only?) for Korean residents. The DeFi markets are fiddly, with low liquidity and various transaction fees. The one benchmark is the internal market.

So when HBD "spikes" to $3 and Hive is at $0.6 one should check the internal market. If you see there are buy orders offering 4+ Hive for 1 HBD then you should be quick to fill those orders because you're guaranteed to make a profit as soon as HBD returns toward $1, which it always will (albeit sometimes more slowly than others).

Thanks a whole lot for this. I'll definitely make an update soon.

I appreciate!

Where's the update?

My posting days are Sundays.

So you are not going to correct this part:

Trying to take advantage of a spike in the price of HBD will never result in financial success; rather, it could only lead to disappointments.

It is clearly wrong.

I will make a new post to address this. But I will edit that part now! Thanks.

Hi @felixxx, I have corrected it. I think it now makes sense! Thanks for the heads-up. If you wish, you may withdraw your downvote!

The downvote stays, because that is just word-salad.

Someone who knows such little and uses so many words to basically say nothing should not be giving financial advice. The post still earns 10$ for 0 value.

 4 years ago  Reveal Comment

It's alright. Thanks for the feedback as well. @jelly13, will do better next time!