As I have previously stated in my blogs, #hive is not only a blogging platform but also one of the greatest investing sites, offering a wide range of investment opportunities. In this post, I will reveal one of my ideas for making a lot of money using #HBD. Many of the friends might be considering HBD interest, which is 20%.

Actually, I am not going to discuss HBD interest because we are all aware of this HBD benefit. Aside from this HBD interest, I'll discuss another best profitable technique in which we may all make a lot of money at least once a month. You may have observed the price fluctuation in HBD, which can go up and down by more than 9% at times.

I'm not sure why the price of HBD is so volatile at sometimes. Some reason I know is because of conversion. When a large number of hive users convert their HBD to hive or #HIVE to hbd, this pricing discrepancy arises. Another cause of price fluctuations is the influx of Korean investors.

Koreans from Upbit and Bittrex buy and sell large amounts of HBD against BTC, causing the price to fluctuate. In any case, I don't care what occurs when the price fluctuates; rather, we should focus on our gains and how we may benefit from these pumps and dumps. This is the issue I will be talking today.

We have a disadvantage with #HBD in that there are relatively few exchanges that have listed HBD for trade. HBD has yet to be listed on major exchanges such as #binance and #kucoin. There are numerous reasons why it is not mentioned, and I will not go into detail.

Upbit and Bittrex are the only two exchanges that offer the HBD/BTC pair for trading. I believe Upbit is unique to Indonesia, and Bittrex is unique to Koreans. However, we as individuals can gain access to and participate in these interactions.

I noticed a significant coin price change in #HBD on Coingecko yesterday. The price dropped from $1 to $0.92 cents, a drop of about 8%. After 24 hours, the price returned to normal and increased by 14%, bringing the price to $1.05 on Coingecko or any other exchange.

If someone finds it on time and gets the opportunity, this is almost a 9-15% profit. Now the challenge is, how can you make that profit while not passing up an opportunity? The procedure is straightforward; you must have an account with Upbit or Bittrex. After that, add HBD coin into the coingecko app, which will notify you of price fluctuations.

When the price of HBD falls, convert all of your hive to Bitcoin and then buy HBD. Similarly, when the price reaches $1, convert all of your HBD to Bitcoin and then repurchase #HIVE coin. If someone understands, this is an easy procedure. This is how you may boost the number of hive coins.

Now, let's talk about the HIVE platform. Can we take use of this benefit while remaining on the platform? Unfortunately, I did not detect this price trend in #hive. I've never seen such a price swing in the internal market where we may profit from it. I always find the same pricing of HIVE purchasing and selling as in other exchanges.

There may be some tactics that someone is aware of, but I do not believe we can profit from HBD changes in the internal market. Only large price differences, such as when HBD moved to $2.5 roughly 8 months ago, are seen in the internal market; otherwise, modest price differences are never seen.

Anyway, here is my attempt to give you with a method for reaping significant gains from HBD by converting at Upbit and Bittrex. I hope you find this material educational and helpful, and that it is useful to you. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

TWITTER TELEGRAM HIVE WHATSAPP DISCORD

IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA