HBD / HIVE Opportunity during BEAR Market
Most people, including myself does not like BEAR markets. Bear markets is however also a time of opportunity!!
The old saying say Buy the Dip and of you have free cash lying around it is a good strategy. Obviously there are various strategies.
HBD and Hive however also presents an opportunity!! With HBD being a stable coin, the value does not really fluctuate much, thus it stays at around $1.00.
Currently with an APR of 20%, I want to accumulate HBD, but now I am converting HBD to Hive.
With Hive currently standing on $0.437, you get 2 Hive for every HBD. If the market return to its former levels (I suppose it is not a question of if, but when?), you can get almost 1 HBD for each Hive, thus you can almost double your HBD, but you will need to be patient as this could take over a year to happen.
Hopefully we can print some money!!
Remember, I am an old railway worker and knows nothing about finances or crypto, thus use your own discretion before selling or buying HBD.
I hope you enjoyed the post and that you have a wonderful day!