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RE: Free Money: What Will You Do With $216k Worth Of Crypto In Your Wallet? (2)

in LeoFinance2 years ago

converting it to HBD may be quite profitable if some time later the price of the coin drops. then what if the price of the coin actually goes up after we convert it to HBD? will 20% APY be enough (if the owner asks to return it immediately)?

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That's a solid question, but I'm thinking 216k$ would buy 216000 HbD I think if you keep that in savings, the 20% might just cover up for any percentage loss whatsoever. But we'd be hoping it doesn't dip beyond 2%