Uh, personally I’d just wanna get it out of HBD. When the peg breaks it’s gonna loose a lot of its value all together and we’d be better off having it in anything else.
I’d put it anywhere. There is zero chance it keeps peg another two years. That’s not worth the risk for 10% APR.
I personally waited till I had a plan and said I’d sell 90% my Hive when we pumped, so I did above .40 in January 2025. I already didn’t have much HBD because the risk was way to much to be happy with 10% or 15% at time. But I sold 50K hive at .44 cent average 18 or so months back and just last week bought all 50K back at .04 even for a 90% discount. I’m not bullish on Hive at all but I just thought I was able to turn that money into silver and triple it so buying back what I sold at .44 at .039 or .04 was pretty much a ok move even if it goes to zero. It’s like going well into house money & throwing a small 10% the profit in for fun only.
Hive will likely see much lower levels but that’s not what concerned me to reach out. The HBD peg is 100% going to break and everybody with funds locked up is Finn’s get a big hair cut. Could trade at some random level and hold 50% its value, or could crash 99% as soon as peg breaks, and still just guessing game there. But the peg breaking for good is not a guess, it’s coming for certain and I wish we’d just get ahead of it and as a community fork it and pay everybody holding in Hive or something. Instead it’s just going to collapse and the devs aren’t doing anything to warn anyone. The data is public so anyone can see it but I think many believe it will be a temporary de-peg but it likely will be forever given how much hive has gone into a death spiral. I don’t see a way HBD can function and work again as the community is just so small now. The peg is going away, it’s going to be a total loss for those holders.
Hey there, where would you suggest putting it?
Uh, personally I’d just wanna get it out of HBD. When the peg breaks it’s gonna loose a lot of its value all together and we’d be better off having it in anything else.
I’d put it anywhere. There is zero chance it keeps peg another two years. That’s not worth the risk for 10% APR.
I personally waited till I had a plan and said I’d sell 90% my Hive when we pumped, so I did above .40 in January 2025. I already didn’t have much HBD because the risk was way to much to be happy with 10% or 15% at time. But I sold 50K hive at .44 cent average 18 or so months back and just last week bought all 50K back at .04 even for a 90% discount. I’m not bullish on Hive at all but I just thought I was able to turn that money into silver and triple it so buying back what I sold at .44 at .039 or .04 was pretty much a ok move even if it goes to zero. It’s like going well into house money & throwing a small 10% the profit in for fun only.
Hive will likely see much lower levels but that’s not what concerned me to reach out. The HBD peg is 100% going to break and everybody with funds locked up is Finn’s get a big hair cut. Could trade at some random level and hold 50% its value, or could crash 99% as soon as peg breaks, and still just guessing game there. But the peg breaking for good is not a guess, it’s coming for certain and I wish we’d just get ahead of it and as a community fork it and pay everybody holding in Hive or something. Instead it’s just going to collapse and the devs aren’t doing anything to warn anyone. The data is public so anyone can see it but I think many believe it will be a temporary de-peg but it likely will be forever given how much hive has gone into a death spiral. I don’t see a way HBD can function and work again as the community is just so small now. The peg is going away, it’s going to be a total loss for those holders.
Thanks for the explanation. Maybe I’ll grab some more btc, haven’t decided yet.