You are viewing a single comment's thread:
RE: 3 main factors that helps us choose between Hive and HBD investments
No brainer here IMHO I'd go with HIVE all day long!
HBD is a stable coin and is trying to be pegged to USD so tries always to be pegged to 1USD even tho usually is a bit less but still manages to be quite stable, as you said is been quite stable in the recent months and from what I understand they're working on the background to make it more stable so it can be a proper stable coin!
HIVE is a token and could fly to 10$ one day, so if you have 1000 HBD you will still have 1000 $ but if you have 1000 Hive you could have 10000 $
Monkey math lol 🤣
This just not taking in consideration the long unstaking period in case the HIVE invested is in HP, but even there I would still go with HIVE rather than HBD with 12% APR, in crypto nowadays 12% is achievable almost everywhere so if I had to put my money in a stable coin to get 12% I would probably go somewhere else rather than Hive, Crypto.com for example offers 14% on USDC, they also offer 8.5 on BTC and ETH, but this is just an example, searching online you can find many more other reliable service with a better rewards than 12%
I like Hive but I'm not a Hive maximalist and I still like to see other places in Crypto 😎 We need to keep an open mind and this I believe should be applied to the blockchain too!
Just my 2 cents :)
What about if HBD goes to 15% ? 😁👉😎
Yeah well that would be the surprise 🤣 I think people are trying to make it more stable and honeslty I do not know what mechanics are in the background to make it work, but surely that could be a scenario 😅
Last year the price was Hive was as low as 17 cents. Did you also consider that worst case scenario? . 😉
Oh well of course, well DCA all the way down my friend, that I would do in case an investment I'm in goes bad, obviously as long as you did the DD and know what you own HIVE at 0.17 could be a beautiful buying opportunity!
I did buy HIVE at all prices from 0.1 to 1.7, not that mentally derailed to buy above 1.7 🤣 but still...all the buys @ 1.7 are losing big, but the buys @0.1 are doing well, really well, end of the day I'm up like crazy on HIVE, for my small liquidity and also I've got time and invest what I do not need to live 😁
If HIVE goes back to 0.17 I'm going to borrow at least 2000 and buy the shit out of it 🤣🤣🤣 Do Not Be A Degen Like Me! NEVER BORROW MONEY TO INVEST! It could go bad, very bad, people kill themselves for this kinda shit!
I thought I needed to specify that lol 🤣🤣🤣
View more