With Hive up so much it seems like it is a good time to swap from Hive to HBD right now. It would seem that HIVE will pull back again to 30 cent from 61 cents it is now and then you can buy more HIVE with HBD. What am I missing?
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Well under normal circumstances that is what crypto does, but this is very different now for HIVE. We have stayed above 60c and I am not betting against another pump tonight or tomorrow. When you swap for HBD it is fine but when HBD is above the peg you do not get the fair swap value. By the time he price has dropped so has the extra value HBD had so you lose on both counts.