But what if by the time I convert the Hive into HBD the price of HBD is below 1.05? I would assume I need to be holding HBD prior to it rising over 1.05?
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But what if by the time I convert the Hive into HBD the price of HBD is below 1.05? I would assume I need to be holding HBD prior to it rising over 1.05?
You receive HBD immediately after the conversion. It only holds half of the HIVE for 3.5 days.
Actually, it gives you a loan at the time of conversion for half of your HIVE and the actual conversion happens 3.5 days later and it returns the rest of HIVE.
It's a little bit confusing but you can try smaller amounts to understand it better.