Looking at picking up a few more HBDs at current prices...

Might be a good spot to pick up a few more HBDs for those willing to hold...

Either I'm a gluten for punishment or there are some good deals going on right now.

Many of us believe that HIVE will likely go higher in the future, but there is also another coin that might offer some decent returns at the current levels as well.

I'm talking about HBDs:

(Source: @jrcornel/transfers)

With the recent drop, they are currently trading for $.75 which means they are potentially offering about 33% upside IF they eventually go back to their $1 'peg'.

I picked up a nice chunk several weeks back when they were trading in the $.50's.

So far, so good as the price has been trying to drift its way back up towards a dollar.

There is no guarantee they do go back to $1, but if they behave in a similar fashion to how SBDs behaved over the years, it is likely only a matter of time before they do.

(Source: https://bittrex.com/Market/Index?MarketName=BTC-HBD)

So, while HBDs may not offer the kind of upside potential that HIVE offers, they do offer some nice potential gains at the current levels with perhaps different levels of risk than say just adding to your HIVE totals.

Plus the fact that the blockchain is no longer printing HBDs should help put a floor in prices.

I won't be selling HIVE to buy HBDs at the current prices, or Bitcoin for that matter, but adding some fresh fiat to something that very likely returns roughly 33% if I simply hold it long enough makes a fair amount of sense to me.

Stay informed my friends.

-Doc

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