Eyes on the market guys, be greedy when others are fearful is the order of the day, you can stay afloat in this market if you keep your eyes ‘on the ball’, in this case, the ball is ‘the market’. Not to sound overly cynical or anything but I’ve been waiting for these prices for a long time.

And no I’m not talking about catching a falling knife by jumping into volatile assets, stable coins are where the fun is and I’m not talking about UST, even though UST can be a fun trade. But if you look at a coin like HBD, there’s a lot of fun to be had there if you know your way around.

I made some trades today, they call it Seigniorage, in lay man terms, I made profit from selling money for a higher price than I produced it.

source

Get paid to keep the HBD peg

HBD was going for $0.87 on the open market, and on Polycub it was trading for $0.97, I simply bought some USDC, sold it for Polycub, traded Polycub for pHive, sent pHive to my Hive wallet, bought up HBD, wrapped it into pHBD, sold it for USDC, bought back pHBD and added to my position on pHBD-USDC.

I’m not a numbers guy, but I ended up with more money than I put in, lol. I was about to give it another go before I realized it was already back to $0.96! You’d be shocked to see how steady HBD has been in this market turmoil.

That’s the message I have for you today. Eyes on the market. If you do this Seigniorage, with enough demand, you’re also helping HBD stay close to the peg, but I’ve got to tell you, grinding for HBD with Hive in the internal market is not a small feat, I had fun doing it though, I’ll be watching out for more.

So get paid to keep the HBD peg. I mean, what’s not to do about it. All thanks to Polycub, makes it all worth it and easy to ride, the timing of pHBD on Polycub couldn’t have been more right.

Not much left to say guys....ride the market....get active on here and accumulate cheap Hive.

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