HBD has been one of the most consistent and most powerful coins in the hive Blockchain. Its use within the hive ecosystem is undoubtedly one of the most I have witnessed as an hive user, especially in comparison to other coins within the Blockchain. Even though I do not use a lot of the other coins within the hive Blockchain, I know for a fact that HBD has been one of the most used coin within the Blockchain especially because until a few months ago, HBD was the official payout system for every blog and even now that hive is the official payment system, There are those who still choose to view their coins in HBD.
In my opinion, this is because HBD is the only coin close in value to dollar or USDT within the hive Blockchain. And even though it has seen its own fair share of lows, it's fair to say HBD is strong, and HBD is stable even compared with the hive coin. Right now hive is at the all time lowest I have seen it since my hive journey started over 4 years ago, and I must admit, I never saw this coming, not even in my wildest imaginations. But right now we are facing the harsh reality of the crypto market and we must accept it for what it is. However, with regards to everything going on with the crypto market, I do not believe saving in HBD is very idle.
For one, HBD is stable, and even though this is a good thing, it is also a bad thing for ambitious people. Right now I will rather hold Hive because it has more chances of rising than HBD. Right now, most crypto experts in the Blockchain would rather hold Hive, pending when it will rise, if hive rises up to a dollar like HBD the profit will be magnificent, considering how low it has gone in recent time. So yes indeed at the end of the day it will be wiser to hold onto something that would appreciate over a long period of time, than hold something whose value might not really make much difference. Then again, the money that would be gained as interest if hive rises is something to always ponder over.
THIS IS MY RESPONSE TO INDIAUNITED PROMPT HBD – Saving, Spending, or Strategy? FEEL FREE TO JOIN IN.
