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RE: Selling The Hive/HBD Pamp (HIVE >> HBD Conversions)

in LeoFinance2 years ago

wait around for it to pump to $1.50, when it does: you dump the HBD and end up with a 50% gain. However that gain is currently stored as HIVE, which is a volatile asset

It does not really matter for someone like me who is looking to just increase the amount of HIVE and HBD I can hold, regardless of the price of HIVE. Also the fact that all the hbd I'm playing with are from post earnings.

But I see your point - this is probably not suitable for someone who is looking for profit purely in dollar value.

I need to save this post and re-read a few times before I get a full grasp of the mechanics in detail.