Hi fellow Hiveians,

Today I wanted to revisit a post I did a few months back on my HBD strategy, and how it evolved!

HBD Thoughts V2

These days, one of the important things is being able to modify ones thoughts and behaviors as time goes on. Rigidity is good only in some scenarios but it's best to have flexibility, particularly when it comes to philosophies on things like investing.

I wrote this post what seems like a long time ago, but it was sadly just a few short months ago LOL. I talked about how I was saving a decent amount of HBD per month with that method. Then the price of Hive went lower! :D Now I'm taking most of my HBD and turning it into liquid Hive! I'm getting ready for bull market times baby!

In the time since I wrote that post, I've had some time to think which is a good thing. One of the things I've thought about is what a bargain Hive is at right now and how important it's going to be to get more of it now while it's at these lower prices. With that in mind, I've come up with a different strategy for my HBD rewards that I'm earning.

I will only be depositing 1 HBD per month to my account and that's just to handle the HBD interest rate claim. The rest of my HBD rewards will get sold or converted to Hive so that I can power up as much Hive as possible! I know that some people are powering down and selling their Hive for HBD but for me, I'm going long on Hive and the abilities that it has for the blockchain and transacting on it. With one of Edicted's posts recently where he talked about API calls costing some type of asset, likely a good usecase for resource credits, having a sizable stake in the layer 1 token Hive, with the accompanying benefits towards not only voting power but resource credits, account creation claim tokens and others, Hive is going to be an important asset in the future!

I think I've had one of the best months I've ever had with Hive and I'm really excited. I was able to turn around between rewards and my powering up of Hive, increasing 1,000 Hive in the last month! That's insane for me, because I'm on the lower side of the folks who are doing well on the platform. I didn't make it into the top 100 of rewarded accounts per month which is okay to me, but my rewards have definitely been better than they've ever been. That means for me, it's important to take those assets and reinvest in the platform so that I can spread love to a lot of people that I'm friends with on here and others I have yet to meet but are given votes by the Curangel voting trail that I follow, and highly appreciate following.

Increasing my stake in that regard is definitely important for me, and now that I've got a bit of a taste of the growth possibilities that I can achieve by exchanging my HBD into mostly Hive, I'm definitely on the bandwagon of minimizing my HBD savings! That doesn't mean I won't be doing it at all, I think it's foolish to take money completely off the table. I would rather earn 20% interest on 5 HBD versus earning 0% interest on 0 HBD in the savings account. This is one of the things I tell everyone I talk to, if we chat about token assets for the platform. Put at least 1 HBD into savings! It's crazy not to! You're earning nothing if you leave it at 0 but if you leave at least 1 in there, you will earn .2 Hive in a year, likely more because of the monthly compounding.

I think that once the price of Hive goes above .40$ I will revisit this and likely start putting a little more HBD back into savings like I was doing before, trying to focus on HBD at least 1 or 2 post reward payouts at a minimum. That's a decent way to go about it, and particularly because the HBD I've converted to Hive has done a really good job of pumping up my stake!

^-CmplXty. _{Real human written content, never AI.}

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