HBD Safety Zone For The Bear Market?

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We need to find a way that keeps HBD pegged as close to the $ as possible. Today nearly at 93 cents is not a great advert, but is back at 98.9c now. 6% swing is too big for a stable.

There have been a few posts around lately expressing their thoughts on the coming Bear market. The Bear I know, but am keen to see what the Bull market still has in store as that can make or break whatever you did in the last 4 years.

Get to greedy and sell to late as the last Bear took prices down by a whopping 90%. Crypto trends tend to play out repeating hat they did the time before and even though we have institutions involved nowadays this could or possibly happen again.

Holding on to investments that are going to drop and you have no personal attachment is crazy so I will be selling everything outside of the Hive eco system. The idea to buy back and get ahead is firmly entrenched in my thought process. The HBD option earning 10% on a stable coin is too tempting to pass up and a real life saver as a safe haven. I can see millions of HBD being staked in savings when the time comes. Wouldn't it be great if we could get HBD listed on Binance and a few other exchanges in the mean time?

When the Bear comes the words "brutal" have been mentioned and that is somehting to avoid. I do feel for the investors who think they can outsmart what they do by just holding, but what projects will survive the drop?

I used to have over 20 alt coins invested and now those have been streamlined to around 5 which is more controllable for myself. The selection was easy as every project invested has a use case for it's coin. The long term ideal scenario is to at some point earn passive income off every investment but keeping the gains is more important right now when the time comes to sell.

I have mentioned before that it should only take experiencing one complete cycle to show you the way for the next one. Many have been taught a valuable lesson from the last 5 years and I have been listening and reading what knowledge they have passed on. The possibility of creating generational wealth is here as long as we pay attention. In 2026 or 2027 the possibility to retire and live off crypto would be possible for many and think many will.

Crypto is a numbers game and by investing in the correct projects and not meme coins as that is gambling should pay off. Every cycle we have seen certain projects disappear and this time many will be burned by holding those projects and not bailing at the right time.

The charts don't lie and if one just holds it is true you still come out on top but by selling at the right time you can outperform the holders considerably. Taking profit is a key element in making crypto a success story for everyone involved and very important to never forget that. I have never been tempted to live off crypto as yet as I need to see the entire cycle to understand how it plays out fully. The concern in my mind is it is too risky to contemplate as a bear market could change things drastically.

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8 comments
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Wouldn't it be great if we could get HBD listed on Binance and a few other exchanges in the mean time?

Definitely yes, it will be awesome and a better progress as well in promoting the blockchain.

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Need to do away with the conversion time. That is hindering those who want to arbitrage it. To keep it tighter we need to offer immediate conversion to HIVE.

Those looking to scalp a couple percent are not going to do so if they have to wait a few days. It simply is not worth the risk.

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What would happen to HBD if it went to sub $0.50?

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There are numerous features of HIVE that kick in as the HBD price drops. The system will stop giving rewards in HBD . The HBD to HIVE conversion process destroys HBD and creates HIVE in its place. I suspect that people will just run the conversion until the price rises.

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Am trying to lock most of my HBD in savings...so far I have about 850. I don't firmly understand the HBD peg but I feel the more HBD locked in savings the more it stays closer to the $

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HBD is sufficient for prepping for a bear market. It simply is not good for handling short term swings in the price of HIVE as HBD tends to rise and fall with HIVE.

Wouldn't it be great if we could get HBD listed on Binance and a few other exchanges in the mean time?

Bittrex accepts HBD. Unfortunately they only have a BTC-HBD pair. I would prefer a USD-HBD pair so that I could convert to US dollars in a single step.

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Whats the mechanics involved to keep HBD at a dollar? anyone know?

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