Hold tight, HBD is pumping once again reaching $1.17
It is morning, I didn't have yet my coffee and I am browsing a little bit the crypto news before working from home. And looking at the prices of the crypto assets from my portfolio, there is a pleasant surprise and it seems that HBD is pumping once again and reached a height of $1.17. At the moment it is trading at $1.16 which offers some profits grabbing for those that have liquid assets.
If we are looking at the markets we see that the action is happening on Upbit and Upbit Indonesia and it seems that the South Korean market where this cryptocurrency exchange is from is effervescent and pushes the price up. And also the volume on those exchanges is one to consider as it surpassed around $2 Million in value on the $HBD tradings.
While I was holding previously all my HBD into Savings, no less than 2 weeks ago I have exchanged all of that for Hive and powered it up into Hive Power. What is a bad move? Well, with the price appreciation of Hive I have gained around $875 from $6,400 HBD only from that. And let's not disregard the curation which could be around 10% that simply harvests more value. Thus, while I would have enjoyed taking advantage on this HBD pump, I am still good with my move at the right time and I will probably leave it like this until HIVE approaches $1 price point.
What about you? Did you took action on this $HBD pump?
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I didn't notice the HBD pump and it looks like it has dropped back down to $1.05. So I guess I missed out. Great job taking advantage of the pump.
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I also took a bad move
Hahaha
I already exchanged to Hive before the pump
It seems I missed out on the HBD pump. The price is back around the dollar mark.
Props to all who took advantage of it :)
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I missed it, but then my HBD is making 20% anyway.
Yeah, the 20% APR in Savings for HBD without needing to do anything for that is great. I exchanged all my HBD to HIVE and to Hive Power and even if I already earned from Hive price increase, I put quite a bit of work in curation to get to 10% APR.
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Korean speculators like to pump Hive and HBD. They are adding liquidity, the HBD stabilizer sucks the liquidity and adds to Hive's value. Greetings to them!
So they are playing one token against the other? Or how would they profit from it as they would be the ones pushing the price up.
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Some traders try to take advantage of the trend after the breakout happens. I suppose Korean whales aim to trap them.
Nope, all my HBD is staking in the saving...
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I still haven't solved the case with the Koreans on why are they pumping and dumping hive and hbd.
Yeah, I didn't see any theory or explanation for that either.
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I totally missed it but would have had liquid HBD to take advantage of the movement. It is all good though - the rewards come from other routes.
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