Strategy for Earning and Growth: Converting HBD to HIVE in Bear Markets

in LeoFinancelast year

This ecosystem is best for writing and sharing knowledge with each other. Despite of sharing information this platform also provides with good earning if you are willing for. I want to share one sentence with you guys which are famous from my ancestors.

"Do not say that there is no work to earn money, But the real worker earns and bring money in every way"

When I was child my father always tell me about this sentence. Whenever I used to excuse about working and earning my father share this famous saying with me. That if you are real worker you will earn from any where.

Today, that saying really matches my life and I understand the reality of that sentence. This is the ecosystem available for all the people to earn money from. Again if you are willing to work or if you have no any excuse.

Sorry, I moved a little away from my topic which I want to discuss with you guys. But the saying was also must to discuss with you.

I am grateful to God first and to the #hive ecosystem that I am earning daily income from writing posts. This ecosystem and the users really supported me in this regard and I am thankful to all of those people.

My daily earning is around $2-$3 which is less but it is better to have something then nothing. Therefore, what I earn is my hardwork output and I am happy with that.

Daily what I earn from my posts is split 50% each HIVE and HBD. When the price of #hive was above $1 I remain with the strategy to keep 50% HIVE and 50% HBD. And wait for the chance to convert my HBD to HIVE.

MY STRATEGY IN THE BEARISH MARKET

But today when the price of #HIVE is around $0.36 I am happily converting all my HBD earning to HIVE. This is because I can get more HIVE in conversion due to the lower price. This is the best time to increase the quantity of HIVE.

I will stay with this strategy until the price of #Hive is below $0.8. Bear is the best time to increase your hive quantity and bull is the best time to increase your HBD quantity.

If you follow this strategy then you will notice quick growth of your account in a short cycle. I am following the same pattern and what I earn in #hbd converting all them into Hive.

This will help increase my HP and will give me influence in the platform. I wish I could remain with this strategy and keep on growing my hive account.

What do you people think about this strategy of converting HBD to HIVE? Do you think this strategy is working during the bear time? Will be glad to see your answers in the comment below.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

 IMAGES ARE TAKEN AND EDITED IN CANVA.

Thank You!
Best Wishes.

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This is a lovely strategy and a win-win strategy. I always look for opportunities as well in the bear market. Conversion in the bear market becomes beneficial in the bull market.

Cheers 🍻

Bear market is beneficial for the hive users because in this period you can make increase your hive quantity. Thanks for your comment.