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RE: Is HBD Interest Tailored For The Sake Of Compounding Alone?

in LeoFinance2 years ago

The lower the price of hive the more systemic risk you're taking as the asset backing it has less liquidity, there's about 14 million in orders holding up this entire thing and the depth is razor-thin

you're taking on car more risk than you realise

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And what's your expert way of mitigating this "risk?"

Posted Using LeoFinance Beta

You can't, its designed to fail

the only safe method, is to Take your wealth put into the strongest network the worlds has ever seen, in an air-gapped wallet, use a multi-sig to spread your keys around, add a duress password then store those keys with a robust metal seed phrase storage system

Create an X-pub so you can have multiple public addresses ready and keep stacking

But you'll find that out sooner or later