HIVE/HBD INTERNAL MARKET CONVERSION

Hello everyone, how are you doing and how is your life going? I hope you are all well and having a good time with your loved ones. In today's post, I'll go over the Hive blockchain internal market, which allows you to convert Hive to HBD and vice versa. Many people are still unaware of the internal market to use conversion or some people who are aware of the market but are afraid or confused about how this market works or may I close with loss. This is not as difficult to understand as other trading markets.

The internal market is designed to trade only Hive and HBD, depending on the price of Hive or, at times, HBD. I know where to use internal market on hive.blog but not on other frontends. I primarily use hive blog for conversion but not other frontends, which are more complicated, whereas hive internal market is quite simple. After clicking on the market, you will be taken to the page shown in the image, which displays the prices as well as the people who placed bids and asks. If you find a good price, you go buy HBD, and if you understand how to sell HBD, you can easily do so. If you are good at analysing HIVE prices, you will make a lot of money from internal conversion.

The benefit of the internal market is that there are no conversion fees. HBD works in the same way as USDT, which is a good stable coin, and your money will be safe after purchasing HBD. When you go to trade the pair USDT/HIVE on other exchanges, you will be charged commission fees, but here in the internal market, you will do the same work for free. If you always go for trade hive, the internal market is a better place to trade and increase the quantity of your coin. You can place a bid for the price you want to buy at and the same for the price you want to sell at. You have both a limit and a market price for the conversion, which is quite good.

HOW CAN YOU USE INTERNAL MARKET TO INCREASE YOUR HIVE QUANTITY?

One of the good market conversion strategies I know is how to increase the quantity of your hive. There are various strategies, but the best one is to buy HBD 50% of your amount and keep the other 50% with hive. If you see a good pump in HIVE, you should convert all of your HBD holdings into HIVE, and if you see a price drop in HIVE, you should buy all of your HIVE. Continue doing so while increasing your HIVE quantity. Remember that your strategy requires you to be half in HBD and half in HIVE. The alternative strategy is to buy HIVE in layers with Your HBD and sell after each grid profit.

There are people who have used this strategy and increased the quantity of HIVE in unbelievable ways. I know someone who did the same thing and ended up with twice as many hives. If you are good at trading and have enough time to monitor the market, this is a good strategy for increasing the size of your HIVE. The benefit of the Hive internal market is that there are no fees and you can profit from small gaps as well. However, I believe that doing your conversion with a 5% profit margin is more secure and beneficial. Do it until you make a large profit, and when you go check your wallet, you will notice a significant difference in the quantity of your Hive.

This is an attempt on my part to make you aware of the HIVE internal market and how you can profit from it. This is more effective if you practise daily with a small amount to gain a thorough understanding of the market. I hope this post was informative for you and that it was helpful as well. If you find the post useful, please reblog it so that it reaches as many people as possible and that they can benefit the most. Also, remember to upvote, which will help me financially and grow my account. Please feel free to ask any questions you have about the subject, and I will do my best to answer them.

• NOTE: PICTURES ARE TAKEN FROM HIVE.BLOG, CANVA AND EDITED IN CANVA.

DISCLAIMER

Please keep in mind that I am not a financial advisor. Never, ever take anything I say as financial advice. Conduct your own research. Before making any investment decisions, consult with a professional investment advisor! My posts are strictly for entertainment purposes!!

Thank You!
Best Wishes.