I was accumulating my HBD to keep it in the savings and get 15% yearly. But today the Hive went down by more than 10%. So I thought of converting my HBD to Hive so that once Hive goes up I will get the 10% in quick time. Now I have not converted all the HBD, I am doing it slowly and steadily.
PC: Hive.io
I am always keeping my post as the 50-50 payout so that I can keep my HBD for the situation like this. That is when the market goes down you can convert the HBD to Hive. Now the market can go down from here also but you never know. You might get some good profit in the recent time or it can nosedive and we can see the Hive goes below 0.20 again. That's why it's better to not convert all your HBD to Hive, you can do it in phased manner. Like you can convert 30% now and the rest later.
But I have around 30 HBD as liquid and thus I have convert 20 HBD to Hive and the remaining 10 I will convert when the Hive goes below 25 cents. I also have around 250 HBD in the savings. I might convert around 100 HBD to Hive when it goes below 20 cents. So it's like slowly and steadily converting my HBD to Hive.
The problem is I have not converted the Hive back to HBD and all the Hive usually powered up. That's because we have not seen the bull market of Alts yet. When the bull marlet starts we could see Hive touching $1 easily. And that's where we can start converting some of our Hive to HBD. Till that time it's better to convert HBD to Hive and power up.
What you are doing, do let us know.
