Crash a myth, or just advice me old lion:
Is holding HBD more profitable then just staking Hive and making daily active curations ???
Still can't get that hype all about HBD...
Crash a myth, or just advice me old lion:
Is holding HBD more profitable then just staking Hive and making daily active curations ???
Still can't get that hype all about HBD...
I'll give you my vision, which isn't necessarily right... HBD earns 20% a year, which if you think about it would only pay off if you believe that Hive will grow by less than 20% in 1 year's time. I don't think many people who are in Hive believe that it will be below 0.50USD in a year's time and there are some enthusiasts who would say much more than that!
In that case I don't think HBD is worth it. But there are many other things to consider when leaving your money at work.
One of them, the one that makes me have HBD in savings today, is the ease of liquidity. It's much quicker to withdraw HBD from savings than to do a Power Down. So for those who want to have an emergency reserve in crypto and may need to withdraw quickly or even need to withdraw in a downturn, HBD becomes a good option. The yield for a stable coin seems very good and I can withdraw in less than a week if necessary!
depend on your style.
I try to do a nice mix as I love to vote others for their good content. It is still a social media chain and not only finance stuff
I think splitting 50 50 would be better in $HBD and $HIVE. I don't know :) just brainstorming.
It's not bad at all but that would be for someone who don't have so much interest in growing their hive stake. Onealfa surely loves growing his stake and he hardly creates a post too.
You are right, absolutely. Anything is better. Hive has more influence.
That's right, anything is better when it comes to hive
I'm not an old Lion but if I'd put a little words in, I'd say saving hbd is great too just as staking hive is.
If it's possible to do both hand in hand it's fine but you can as well start saving more hbd when the bull market starts and when it's a bear market, you sell some of it to get more hive staked! I think that would be a win win but that's just a suggestion.
HBD staking is good but staking Hive and doing curation is very good because when you curate contents it brings smile on many faces. This is what i love the most and many others. You dont know how much you are helping some users with curation.
In mY opinion i think the curation aspect is much more profitable. There is a daily addition of rewards, but that of $HBD is something else. But anyways, it boils down to ones take and decison.
One aspect I think many like with HBD is that they know how much APY they get. With $HIVE you don't know you can or will earn.
It's true that 20% return on investment without doing anything is huge!
But with curation and posts, there's also community building and contacts!
I’ll stick with staking ser. But when it’s bull peak you can take profits in hbd. Both has its own potential and time so it depends on your strategy
I ll tell you what I do
I keep 1/10 of my HP in HBD.
My curation APR is usually from 8% - 10%
My HBD APR - 20% - and in case of an emergency, I can take them out quicker.
Saving this thread
hmmm, this is a good question tho. To me
it’s pretty good for people who don’t wanna use hive but wanna treat it as an investment. I love my hive power!!!
I think the usual numbers I see thrown around are 16% gain for curation, which is less the HBD, but that doesnt factor in network building effect of Hive Curation.
Plus there is a base APR rate for holding HivePower, but I dont know what it it...
Holding HBD may be moar profitable when HIVE is in a down trend. Simplest it is do both and benefit from both over the long run. HIVE has upside potential. HBD interest compounded is moar profitable at times.
It is passive...with a known (and currently nice) return. There's that.
However it is also fixed where HIVE is not (up or down).
More profitable from a work/unit perspective I guess. Less from a cost/unit.
Hmmm, depending on your goals of course.
What's the motivation behind HBD holding savings? Probably nothing on chain, makes sense right?
I had a huge amount of HBD and I wanted to Buy Hive cheap with that and powered it up. When my $Hive goals are over, I will start focusing on $LEO.
I am into dividend mindset, so I go for delegation most of the time. I have plan to give my HP delegations to account that offer daily or weekly hive rewards once I hit like 5K or so.
However HBD can be a good option and profitable when the Hive price is good and you have saved enough HBD in 20 percent interest that taking it out to pay bills makes sense.
It all depends on the time frames. If you think $HIVE will go up more than 20% in the next year, you are getting a better deal than HBD interest. If you want to hedge against the market and want stable and predictable passive income, then only HBD make sense. Anyone who can HODL for long term should stake $HIVE.
this depends, it's always good to save HBD when prices are high to withdraw when Hive is low. But ultimately you will gain more by holding Hive in the long run.