HIVE up 50% = Goodbye Liquid HIVE and Hello HBD!

Hello SPIers. Did you see the price of HIVE mooning over the past 2 days from 40 cents to over 60 cents per token? Even when things are looking there darkest within the crypto markets, we can be thankful that the Koreans are still pumping HIVE for us. Why? I have no idea. I never really looked into it as I saw an opportunity to take advantage of it and I acted quickly.

Opportunities during a bear market for HIVE We all know that HIVE is a small market cap token, well it's $200 million but in the big picture of things, that's sorta small for crypto. HIVE is sort of unique as it has a very committed community, albeit a small one and the token has tons of utility. HIVE on its own, not much to with it other than power it up but it can convert into 1 of thousands of hive-engine tokens, each HE token representing something like its own tribe, game, investment, meme, tip, income, lotto, the list is almost endless at this point. HIVE is one of those tokens that can jump 30% in a day when a HE project announces some amazing news or the Koreans decide it's time to "pump it".

Without talking too much rubbish and telling you guys everything you already know is great about HIVE like usernames instead of outdated matrix code addresses, 3-second free transactions and maybe hundreds of dapps at this point. Let's talk opportunity. Because HIVE has so much utility and it's a small market cap blockchain, there are lots of chances during the bear market that HIVE will jump 20-30% in a day just as we have seen over the past few days. When something jumps 23,30,50% in a day and we hold a bunch of liquid tokens, could be a great chance to convert some into HBD and wait for the price to drop again. If your think maybe the price will not drop, it'll drop again, it always drops again. Might take 3 days, might take 4 months but it'll go down again as inflation goes to weak hands that eat away at our holdings (sorta). If this were to happen 3-5 times over the next 2 years, we could 2-3x some liquid HIVE and worst case is we end up with a bunch of HBD.

2 days ago I converted a bunch of HIVE at 56-58 cents into HBD, roughly 3500 HIVE for 2000 HBD. Yesterday, I bought us another 500 HBD for 700ish HIVE at i think 65-66 cents. Im done now and added the HBD to our saving wallet to earn some interest.

The total converted was 4244 HIVE for 2500 HBD

Is this a long-term trade? I think no, I hope no. I think the price of HIVE in a few weeks will go back to where it was last week, we are in a bear market and we're nowhere near the end so I consider this 50% moon to be the opposite of a black swan event, white swan event? Is that a thing? We can call it a fluke maybe, haha.

The next part of this trade is to wait for the price of HIVE to drop back down to 40 cents and then I'll decide to either convert the 2500 HBD back into HIVE which would give a profit of 2000 HIVE (which pays weekly divs for 10 weeks) or keep it as HBD thinking the price of HIVE might drop more and be happy with compounding at 20%.

So now we play the waiting game and just, well, just wait.

You can all play along, all you have to do is know the price of HIVE and when you see it hit 40 cents, keep an eye out for whatever update I put out the weather is be converting back to HIVE and locking in the 2000 profit or sticking with HBD saving at 20%.

That's enough about that, im surprised I was able to make it 600 words, damn I'm good at talking gibberish, lol.

Let's look quickly, super quickly at LISTNERDS

Today's rewards. We are earning 700-1000 LISTERDS per day and we've not started any unstaking (yet). LISTNERDS are trading at 0.3 HIVE/ $0.17 so that's 310 HIVE or $176.12 whatever way you wanna look at it.

We've made the top 50 richlist, we smashed it and have already jumped into 29th place keeping in mind, that we were not in the top 50 only 4 days ago when i did the last weekly SPI report on Sunday. Im confident in saying, we are killing it on here atm. I know, we've not cashed any out yet but we've only just got started this month.

We're coming for you next zakludick!, you'll be 29th soon my friend and HA HA HA to all the ones we've overtaken, eat SPI's ass. I really wish there were some actual reward for being on the RICHLIST but there are only bragging rights so I'll milk them.

Looking over the dashboard, you can see im been a busy bugger with this sending out almost 200k mails, reading 800 and verifying near 200 mails.

Our team is growing and we have 6 people so far. If you have never heard of LISTNERDS before and wanna check it out, use the link below

Click HERE to sign up to listnerds under SPI's team