The most Common topic recently is about the HBD and I think this is good news to hiver ,the increments interest savings of hbd the as been a good ,this as been a great news to the community,this will bring more people to buy more hive and convert to hbd ,20% a year on an investment is not a small profit,I know everybody will want to invest in hbd now ,
firstly hbd is a stable coins back by dollar,whick means it can't fluctuate in price ,your capital is save and your profit is save why won't you use this opportunity to invest in HBD,but every that have advantage and disadvantage, am little concern the effect that will cause
Effect on hive
The increments of APR on hbd might have little effect on the price of hive ,we all know the main focus is buying and powering down hive ,and to curate good content post, remember the most important thing is content curating , adding value to the community
Curating bring more author with positive post that will add value to the community, sharing of knowledge through article but how will author write post when there is no guarantee that it will fetch money ,
when most curators have already power down thier hive and converted to HBD to get interest of 20 percentage, investing in HBD free risk investment because HBD won't depreciate and investing your money in it will bring you additional 20% return, that is a huge amount profit,
who doesn't like a good thing,I believe as an investor you invest in what will be free risk and won't stress you , curating post is not an easy thing, reading different post and curating ,this will probably takes more than hours, so this is an opportunity to invest in what won't give you stress
EFFECT ON COMMUNITY UNDER HIVE
hive is a home to different community ,name it leofinance ,splinterland ,proofbrain and many more in which all those community have their own coins , also called token, which the price of these token may be influence by the price of hive , the curators and investors
Should I say token is more volatile because he doesn't have more investor like mothers coins for example hive ,a token can be influence by few investor,if a strong investor decided to buy token for example PoB token
he may makes decision on the price of PoB because they are few investor buying PoB, so what if that investor see a better opportunity like HBD and decide to sell all is PoB and invest in HBD because of the 20% returns without doing anything,risk free investment,is this not an example of negative effect on community under hive
THE TRUTH EFFECT
Reading this article you might have conclude that HBD might truly have negative effect on hive or community under hive , that is a big lie ,it will bring positive effects,as a trader or investor that is what I literally think before I ask @taskmaster4450le some questions and he said
HBD is a stablecoin. It is not a backup investment. It is a token that is designed for a different purpose. Hive has a lot of attributes that allow people to operate on chain. With HBD, we are going to have to evolve into engaging in commerce with it. Applications will start building it in and accepting it as payment
I know couple of people would have be thinking, what if the increments of HBD APR have negative effect on hive ,so the purpose of this article is to clear doubt ,the effects will bring more investor and will bring effectiveness to community under hive , remember competition bring bring growth
Thanks for reading my article,you can support me with upvote ,rehive and I will also appreciate your comment
Am ajanaku,I love writing article on finance trading, check my profile follow me and I will also follow back ,let boost hive engagement
God bless you,God bless me and God bless hive community
This 20% apr is a great idea on hive...i believe more people woukd come into the hive savings scheme to make judiscious use of the opportunity!!
That is the key: pulling in people from the outside.
And if that happens, they are going to need at least some HP to operate.
Posted Using LeoFinance Beta
Exactly!!
The idea of HBD having a negative impact on $HIVE just doesnt hold up. There might be some who power down to jump into the 20% APR. The problem for them is what happens if the price of $HIVE doubles? Many are aware of this and not going to take that chance.
I think the majority are going to keep building their HP while also focusing upon their HBD. We might see more people get paid 50/50 so they get some HBD in their payouts. We also are seeing a lot more comments which can help to generate more HBD.
Posted Using LeoFinance Beta
I strongly agree with you, I know we might have people that dump Luna for usT when Luna was still cheap. Now Luna is 100$ or close to that.
Posted Using LeoFinance Beta
Best reply , you know we are different trader ,what you see as opportunity someone else may not ,that the reason of this article to keep the track of positive vibe ,hbd and hive can co-exist without selling one for another
Okay. We can only hope for the best in HBD.
The opportunities on hive can not be overemphasised, everything has it advantages. And I won't discouraged anyone not to invest in HBD and neither do I encourage anyone to. It is important you do what's best for you. The 50/50 set by blockchain was for a reason. So you can decide to make your investment a 50/50%. Thanks so kindly for sharing.
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Hive has a lot of advantages and they can't be overemphasized.
Let's keep hoping for the best.
Yes