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These are just two different kind of investment opportunities.
One should buy Hive for 100% to 1000% returns. While holding Hive, it might be better to power up, participate in the network and earn more Hive in curation rewards.
HBD on the other hand is more of a low risk investment with lower returns. There is no limit how high Hive coin can go, but HBD is pegged to $1.
Both serve two different purposes. But both being attractive investment options, it makes Hive even more interesting.
RE: 20% APR For Hive Dollars | Decentralization In Action