Hey All,
I Love HBD and the current 15% APR that it gives when you park your HBD in the savings account. #HBD aka HIVE Backed Dollar - which function as a stable coin within the Hive network, deriving its stability from the network's capability to exchange them for an equivalent value of $1 USD in HIVE. The blockchain rules impose limitations on the creation of HBD to ensure the well-being of the Hive economy. In case you are interested to know about HBD i.e. where to buy HBD from, HBD marketcap and all the rules associated to it visit 
I had promised to myself that I wont touch the HBD now but one need to take action when the market trends are changing. With Mr. Donald Trump winning the 2024 US elections there are high chances that cryptocurrency regulations and policies might experience significant changes. Given Trump's previous mixed stance on digital assets, his administration could potentially take a more hands-on regulatory approach, either encouraging or restraining cryptocurrency usage in the U.S., depending on their economic agenda and stance on financial technologies. I think overall this is going to bring a good momentum in the crypto market and we are already seeing it where #BTC recently reached its all time high price. We are now just waiting for the other crypto coins especially #HIVE to pick up and at least get closer to its all time high price which was around $3+ mark.
So the question is can I get more #HIVE before we see the surge? And why not when I have all the means to increase my #HIVE stake by another 25K+ HIVE or so by trading all my #HBD in savings account. I know its bit difficult to change ones plan but then its equally important that we adjust our investment strategy according based on the market conditions. When I am seeing that there is a huge potential for #HIVE to surge then why not take advantage of it and sit on #HIVE as opposed to a coin i.e. HBD [HIVE BACKED DOLLAR... ] which is going to be pegged by a dollar only. Hence the change in my strategy and going all IN for #HIVE at the moment. Well this should be it for todays post on changing my strategy for #HBD and I just hope this new approach brings better results and aligns with my goals.... Happy Investing & #HIVE to the mooon sooon..... cheers
Selling Vs HOLD #HIVE? Are you building your stake here on the HIVE platform? What are your thoughts in general for HBD in savings? Are you stacking up HBD or converting HBD to HIVE? What's your overall strategy for HBD looking like? What are your general thought around the platform #HIVE? Please let me know in the comment section below...
#hive #liquid #hodl #liquidhive #hivepower #hbd #defi #apr
Image Courtesy:: pro canva, coingecko, peakd,
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects..cheers
