Wow, how quickly times change.
While Hive was sitting pretty at $2-3, we looked at ways of making the most of the 12% HBD Savings rate.
Many of us stopped trading HBD for Hive and instead transferred HBD to savings.
Now, however, with Hive prices plunging (along with the rest of the crypto market), the question is whether we need to revert back to the original strategy (buying hive with our HBD) ...?
Hive is currently trading at around 70-80c so should we use the higher value HBD to buy more Hive Power? This might be my preferred approach with this current cheap hive on the market. Hopefully it turns out to be a temporary move and Hive rockets back over a dollar...
See? Every cloud has a silver lining!
What's your preferred strategy for HBD right now?
Not financial advice. DYOR.
The question is, will it go lower and will today's price be expensive compared to next week? :-)
This is the game, right?
That’s the question isn’t it. I have been writing posts and publishing them on 100%HP but not might go back to the 50/50 in order to garner more HBD.
Yep, that might turn out to be the better move
If prices continued to dip, purchasing More Hive with fiat is certainly the reasonable thing to do
Yes, if you have the liquid cash available
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