Hello!
Today is better than yesterday. At least I didn't break anything😂
I have a quick question for you.
Do you hold HBD or convert to HP? And Why?
I can't decide if I should unlock my HBD and increase my HP...
Hello!
Today is better than yesterday. At least I didn't break anything😂
I have a quick question for you.
Do you hold HBD or convert to HP? And Why?
I can't decide if I should unlock my HBD and increase my HP...
I wish I could help you, but I know @borniet knows all about it 😉
You can just share your opinion or what would you choose if you have to :)
HBD is a stable coin and it not as volatile. You can create a passive income because of the high savings interest(20% now I think) I personally would keep it there.
HP if you go for long term growth for more influence is also nice, but the liquid hive isn’t that liquid (13 weeks if I’m correct)
So a balanced approach looks fine to me: keep a part HBD for savings and what you are ready to loose or you can wait for, put in HP.
Agree with you. BTW, HBD APY was reduced to 15% :(
I didn’t follow it the last weeks so the post was as I remembered it. Too bad it dropped
But for me on the other hand, if I put money on my savings account I get 0.1 %, and I probably have to pay taxes on that amount with the new government here. So for me, it keeps a win
This question is normal and routine, but I can tell you that it depends a lot on what you want and how your situation is in real life. For example, I'm trying to reach at least 500 HBD in savings in order to have a reserve fund + passive earnings (the 15% APR).
"Reserve fund"...that is what I was thinking about HBD...
It's good and I think it's the safest Hive asset to invest in. Of course, nothing here is 100% safe, but HBD is the least risky in my opinion.
As I'm going through some financial difficulties, I need to have that security with HBD, now if you're doing well in real life and plan to stay on the hive for a long time, it might be a good idea to increase your HP. The more HP, the more eyes on you, the more influence too.
Thank you for your opinion. I like your point of you.
It is a difficult choice. On one hand, I would like to have a reserve fund because you never know what will happen tomorrow. But at the same I would like to grow up my account on Hive too :)
It's really complicated, we have many options, we can invest in L2 tokens, in HP or HBD in savings, focus on posts, interaction, there's really a lot to do, so we have to analyze which one might be best for us
Exactly. Some of them have good payouts or upvotes or some other benefits. Actually, it is a very good point to investigate.
I'm already up to date on some tokens, I've invested in some of these dividend and upvote tokens. Of course, I've also done my best not to just vote automatically, which is why I like to interact and participate a lot in the hive.
Can I ask you which upvote tokens are your favourite?
I also like tokens with airdrops or daily rewards. Recently I learned about the #BBH project and its tokens, so now it is one of my main goals.
The tokens that give an upvote for their holding that I know of are: EDSI, PIZZA, DUO, SOL, BRO, PAKX and AIRHAWK. If I remember correctly, these are the ones.
For Hive drops, EDSI also has a weekly payment, DBOND token, ARMERO, BXT, SIM and some others.
I followed you here on Hive, if you want to follow me back I'd be very happy. Find me on discord, we'll talk and I'll explain more about the tokens. My username is @shiftrox and I'm on several hive discord projects 😃