As I mentioned, 18% was the trigger point for me. At that point, I stop adding interest and earnings to HBD savings and instead, convert 90% of interest and earnings into Hive and BTC (or Swap.BTC) but leave 10% as liquid HBD, and leave my savings in place. That's where we are now.
If the debt ratio breaks 20%, I'll start liquidizing 20-30% of savings, but keep it as liquid HBD, ready to sell off if the debt breaks above 21.5%.
It's quite possible that more people will sell HBD as the debt increases and that might ease the debt ratio and eliminate the need for some of my more drastic steps.
!BBH
!ALIVE
I appreciate your planning for the different debt ranges, and that does sound like a good plan I'd say. Yes, I agree, and I think it's already happening, as just today I noticed that the percentage of HBD in Savings dropped from 75% to 74%, which is not huge, but it's definitely a move in the right direction. 😁🙏💚✨🤙
!ALIVE
!BBH
Ah, that's interesting - I hadn't been checking that page of the hbdstats site. Thanks.
!ALIVE
!BBH
I've been checking a few tines per day usually since I discovered it, as it's really quite useful. Sure thing, you're welcome, David. 😁🙏💚✨🤙
!ALIVE
!BBH