Good time for HBD>HIVE Conversion and I Started

Hello and Namaste Everyone

Recently I talked about hbd to hive conversion and this conversion is a good idea this time because of the high low price. This is the post that I published and discussed my plan to start the conversion for the hbd that I have in my wallet. This is not the first time I'm doing this because in the past I have done it multiple times and this is the reason why my HBD savings balance is not much. Every time I try to build the saving for HBD in the wallet I get a better conversion opportunity and this is why I have converted all the time my hbd to hive and powered up.

When I discussed it at that time the conversion rate was about 4.2 hive for each. I tried to keep a close track of this movement and today the conversion rate is very good. It's 5.05 approx for 1 HBD and I have not seen this in the last few years. I think that it is one of the best conversion rates that we can get in the market through HBD and this is an opportunity that should not be missed. I don't know how things will be in the future but for now in my opinion it is a great time to convert your HBD to hive and grow your power.

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I have started the withdrawal for 200 hbd from savings and this should be available in 3 days. I have over 400 HBD in my savings and I thought of starting with 200 first I hope this price remains in this price range so I get a good amount of hive after the conversion.

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Because I will be doing the convergent for 200 hbd so at this rate I am going to get over 1000 hive coins. This is a great amount undoubtedly and I think I am making the right decision at the right time hopefully this will help me grow my HP holding faster. I'll not be able to build HBD for now but I think it's better to move ahead with the conversion to grab the opportunity available in the market rather than trying to focus on HBD in savings.

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I have also started posting with 100% power-up so that I get more HP as part of the reward and it is going to help me grow my HP holding. I observed that some people stop posting when the price for Hive is low but I think the other way around. I think that when the price is low then we should publish because this gives us more HP as part of the author reward and it is helpful for the long-term goal of this platform. I am on this platform for the long term and since the beginning, I have been trying to grow my HP holding and even now this objective remains the same.

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So now since I have started the withdrawal for 200 HPD and now waiting for it to execute so that I can convert it the moment I receive it. If this price remains in a similar range till the time I receive the HBD withdrawal then I might start another withdrawal for 200 or more to grab another bunch of hives at a discounted price in the market. I'm not sharing any financial advice so if you think this conversion is good then I would highly recommend you to check out all the possible aspects because what I am doing is my investment strategy and in no way it is any type of financial advice. Do you think that it is a good idea to do the conversion or do you expect more price dip for hive in the market?

Thank you so much
Stay Safe

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