I never know how to invest

in LeoFinance2 years ago

Not that I have a lot to worry about but I suck at finances and math in general. Like the 20% APR on HBD savings is amazing but is it better to power up my Hive when it's trading so low, rather than buy HBD and put it into savings?

Screenshot 20221117 2.17.17 PM.png

I don't know why that doesn't show my HBD savings. Here it is.

Screenshot 20221117 2.18.59 PM.png

Like I said, it isn't much but what I have been doing was selling my Hive for .50 and buying it back at .45. Then when the price hit .33 I spent a little bit and bought a few hundred Hive as an investment because it seemed pretty cheap.

My thoughts were to keep doing that until I built up 100 HBD and then put half into savings and keep the other half to trade.

Lather, rinse, repeat.

But now I wonder how long it's going to be until I see it selling at .50 again and if it might be better powered up. Not that it would really help me as I don't self vote and I'm not actively posting but it seems wasted just sitting there, waiting.

So tell me, Leo peeps, what are your thoughts? Is it even worth worrying about? I like to think that over the years this might turn into a retirement vacation or if things turn bad it could be some cases of cat food for my wife and I to survive on while we fight off the hordes of furries that will inevitably want to molest our dogs in the coming apocalypse.

That's right. You all are expecting zombies but that's what the furries want you to think. It's all smoke and mirrors to those deviant bastards.

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Keep trying to build your account. I try to diversify into as many things as I can. Some Hive some HBD and some Hive tokens. Some of the Hive tokens like Bro and Utopia could be something to look into because they pay dividends in Hive and can be sold if you need to get back some liquid Hive quickly. But HP will always be king as it opens many doors for curation street cred.

Yes, and if I were more active it would make a lot more sense but when the account is fairly dormant, except for the few times a week I get a chance to skim through, it isn't doing anyone any good. I suppose I could figure out how to do the auto vote thing.

I don't think there's a bad choice right now man, everything's a bargain. Power up, yes. Sell high buy back lower, yes. And whoever doesn't like 20% APR can't be trusted.

I think you already know that most people can't be trusted. I was just hoping someone would come on here and say some real brainy headed shit like you will gain x% to the power of 9 if you deviate the septum, or whatever smart people say.

Your HBD savings are clear $109.366 on the screen shot.

!PIZZA

Yes, I had to go to ecency to see it. It doesn't show on Leo.

🍕 PIZZA !

I gifted $PIZZA slices here:
(1/5) @valerianis tipped @wannabescrapper (x1)

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