RE: HBD: The "Safe" Stablecoin?

You are viewing a single comment's thread:

I think we will only notice a difference in this when Hive is over $1 as at the moment what is the point investing in HBD when the opportunity of Hive to go up another 200% is still possible. I thought about it then with serious consideration have rejected this until the time is right as you would be throwing too much away investing in HBD right now. In the next year hopefully things will change so that HBD can be a plausible place to store value but right now the risk of losing out by Hive increasing is always there. Hive in my mind will go up and by a considerable amount making the 10% return on HBD look kind of crazy.

Posted Using LeoFinance Beta



0
0
0.000
3 comments
avatar

That is if you only think of it in HBD versus Hive terms. There are a lot who pile into stablecoins for different reasons. Plus, the fixed income market is huge.

So while you are right about the choice between the two, there are other motives at time. After all, people have stablecoins and not everyone is piling into Bitcoin.

Posted Using LeoFinance Beta

0
0
0.000