RE: Seriously Though: Buy Hive Today

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How does unlocking your HBD defend the price?

I don't understand the tokenomics behind this other than why him buying up HBD will push up hive price as he needs to buy up a large supply to convert.

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Unlock HBD because the chance that HBD breaks the peg to the upside is very high right now. If HBD is in the $1.25-$1.50 you should dump all of it immediately every single time.

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Ok. That I understand.

Thanks for breaking it down to my level. 🤣

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....here's to hoping he'll break it down to my level!! Mby i can take advantage of this situation.... !!! :)

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So it's advisable to withdraw all from my savings, and then trade the HBD for Hive on Hive-Engine?

!PIZZA !ALIVE !LOL

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It really depends on a person's unique situation.
Personally I would trade on the internal market.

And I wouldn't just dump HBD into Hive in a market order I'm waiting for HBD to pump or defending the MA(200). You're really making me want to say "not financial advice" right now :D

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Mine IS unlocked! How/ what do i do to take advantage of this? Any chance you can break it down a little bit more..

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That is quite a lot compared to your hive stack. Be careful!

The problem here is that you don't have access to a bot, and limit orders can't be placed in terms of HBD value. For example you could place a limit order on the internal market to buy Hive (bid) at 21.3 "cents", but this limit order could trigger in two different ways:

  1. Hive crashes 50%
  2. HBD spikes to $2
  3. A combination of the two.

If you don't care why it happened then it is safe to just place an order on the internal market and forget about it. What kind of discount are you targeting? $1.25 HBD? That's a bid of 0.34. But if Hive price crashes to 34 cents it will fill. A $1.50 HBD target is 0.285 bid.

If your goal is to only sell HBD pumps: these limit orders can be risky without a bot that automatically cancels/reposts your orders when Hive starts to crash. Although are you really going to complain if an order fills and you buy Hive at 30 cents? Serious question.

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