P2P - Peer to Peer TRADE Completed For 200 #HBD - Update As PROMISED...

Hey All,

This post is in continuation to my earlier post where I reported selling of 200 #HBD and as promised I said that I will be doing a continuation post once the P2P - Peer to Peer trade is Completed. You check that post here - First time Selling 200 #HBD for INR - But WHY & WHERE? - With #HIVE there are endless Opportunities - Do you AGREE?. The overall idea here was to sell #HBD [HIVE BACKED DOLLAR] and let friends and family members know the use case of #HIVE that YES all the tokens do have value and via the P2P trade they can get the local currency which is Rs/INR. I use to keep hearing that the value in the wallet is just fake and getting questions that withdraw some money then only we will say that its real money. Hence this trade i.e. selling of 200 #HBD is a proof to all that believe that Crypto currency is all fake and does not have any value. ITs just people's opinion and those who haven't explored it often make assumptions, while those who have taken the time to understand and explore it are making informed decisions. They're investing in projects that, at one point in time, are likely to yield significant returns and shape future opportunities - ultimately providing them all the opportunity to be financial free - Yes the Financial Freedom that everyone craves for and via Crypto currency one can achieve it and I strongly believe it. what about YOU - Do you believe it or not?

Now coming to the main part on the P2P trade completion for 200 #HBD. Well have a look at the following image taken from my peakd wallet indicating the transfer of 200 HBD and the memo in the comment indicating P2P and a thank you note to @affliction bhai who bought the HBD.

I had placed a message at the India Community Discord p2p trade channel indicating/expressing interest to sell 200 #HBD for INR. Rs. 17500 and then on May 10th I get notification/interest in the buying the HBD - meaning a p2p trade can be initiated.

From here on both the parties get involved and discuss the trade via the direct messaging on the discord. I share my UPI [Unified Payments Interface] details. Incase you are not aware what UPI is then let me tell you that it is a real-time payment system that enables instant money transfers between bank accounts using a mobile device. The buyer then sends me the INR to my UPI id and once I get confirmation from my bank account that my account has been credited with the amount that I am selling HDB i.e. in this example Rs. 17500/- I confirm the payment to the buyer and then initiated the HBD transfer to the party involved here. So you see its that simple process of Peer to Peer P2P trade and not much of a hustle involved. But the most important thing to note here is that the trust that should be there between the parties - No trust No trade and then one is left with the option of exchanging tokens via the exchanges. All together it was a good trade and at the same time I was able to show my family member a real time example of #HIVE can be traded via the P2P mechanism and most importantly its all real money here in crypto - what you see in wallet is what you can sell and get the local currency. Ok this should be it for todays post on - "P2P - Peer to Peer TRADE Completed For 200 #HBD - Update As PROMISED..." Happy Investing & Trading.. #HIVE to the mooon sooon... cheers

What are your thoughts in general for HBD in savings? Are you stacking up HBD or converting HBD to HIVE? OR Selling #HBD? What's your overall strategy for HBD looking like? Selling Vs HOLD #HIVE? What are your general thought around the platform #HIVE? Please let me know in the comment section below...

#staking #goal #hodl #crypto #investment #strategy #hivepowerup #hbd #hive #hivesavings #apr #hbdinsavings #sip #peer2peer #p2p

Best Regards

Image Courtesy: images.hive.blog, discord

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in Stocks, BlockChain & Cryptos and have been investing in many emerging projects.