The Daily Meme #860!

Do you love hive, dear reader?
Do you intend to be here for the long haul?

IF so, it is likely time to trade your hbd for hive and power that stuff up.

When you take the 50/50 payout, half of your payout is converted to hbd at the current hive price at payout.
This means that you are shorting hive.
You have sold into the market hive that you would have gotten in favor of holding hbd.
The way to make that make sense is to use it when the price is lower to get more hive than you would've taking the 100% power up.

Taking the 50/50 is an excellent idea in a rising market.
Were the price to be going up on a steady basis, taking the 50/50 is a good hedge against the price falling.

It is also a good idea to take the 50/50 in a falling market, IF you trade/convert that hbd while you are up terms of hive.

Hodling hbd when the price is low is counterproductive.

Now, hbd has many utilities.
More than just hedging in an up market against the inevitable pull back.
More than just retaining value in a down market.

It can be used to avoid the 30m usd pizza debacle.
It can be used for rc's on magi.
It can be saved for 15% interest.

But, when hive is down like this, it is best used to support your hive power, imo.
Your curation rewards will thank you.

Billy Jack, the movie.
The Trial of Billy Jack.
Billy Jack goes to Washington.