Stablecoins and crypto market

in Indiaunitedlast year

Do you invest in crypto I do know the value and importance of stablecoins. Last year(a few months earlier) we have seen a very popular stablecoin collapse. I do think every investment is a risk, we all do invest on the bases of history, charts, and guts(that is important). If you are investing in any crypto, you first have to convert your money into a stablecoin to make a trade.
There are a few stablecoins available in every crypto exchange a few popular ones are USD which is also known as a tether, USD coin, Binance USD (BUSD), and there are more. I do use USDT pair to complete most all my transactions. Now the Market seems to be a bit greenish, but imagine the loss of those who have invested a ton of money in BTC, ETH, and other cryptocurrencies at an all-time high. I am sure they are still at a loss if more than 60 %. They have invested in any other stablecoins rather than luna.



I do know a few who do have there in that coin but unfortunately in a few hours, the money turned into ashes. We do have another stablecoin, but not all are aware of that. But sooner or later people will recognize the power of HBD it is a stablecoin and gives a 20 % APR, Yes you heard that right? I am sure those who are on hive do know about HBD, but I am not sure if the Hive ecosystem is ready for really huge investors. There are few countable investors here and I am sure we all are well aware of them.

HBD and hive both are changing the lives, of everyone who is honest here. Those who are not are surely exposed sooner or later. I do have a lot of plans with HBD I am planning to invest in HBD. Which seems to be really a good investment rather than traditional banks. My First HBD Investment 💰, let's see how investing in a stablecoin will go to be for me. I do hope the government will not implement any other crypto regulation relation rules by that time.

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!giphy thank you so much

Cheers 🥂, hope you have a plans on increasing the HBD saving ☺️

Indeed, i am planning to do that 😅

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