Stability over fluctuation.
HBD paying out 12% interest.
I don't know about the rest of you but 12% is a decent return by any measure. Maybe not crazy DEFI returns but safe profits.
I only noticed that the rate has gone up today but I have been making an effort to put my HBD into savings for the past few months. Ever since it started paying out 10%.
My experience of the last bull run left it's mark and while i do love the idea of hitting 5/7/10 dollar Hive. I already have stake and will be happy with the amount that i have if we ever see those prices.
I also remember the pain of dropping from $7 down to 0.12 cents. That was a painful lesson but one that is well remembered. That hard ones always are.
Don't be afraid to sell some profits and don't be afraid to cover your bets. If you already have a ticket in your hand that could win you a lot of money, why not back the other side and guarantee a win.
We have often had bet skips that came down to the final round of an accumulator and if it won could earn thousands from a $10 bet. What is the hard in putting a thousand on the opposite side and guaranteeing a profit of either (1 thousand or 10 thousand) rather than letting t ride and hoping for a profit of 11 thousand.
That is covering the bet and what i'm trying to do with HBD. If hive pumps i will be happy with the results and wont miss out by saving a few thousand HBD. But if it falls back down and everything is in Hive i will feel the pain. However by keeping a few thousand in HBD i will have a winner either way and be able to buy back a lot more hive for the future.
Hive to the moon?
We all hope that it will. There are lots of positive moves happening on the chain and we are expanding rapidly every month. All of the signs are that hive is going to play a big role in blockchain going forward.
With that said we know that price doesn't reflect value better than most. We are currently sitting at a very good level compared to the previous months.
We are very dependent on the cryptocurrency markets as a whole and this will probably not change for years to come.
Bitcoin up, markets green
Bitcoin down, total bloodbath.
I don't think that we will ever see the lows of 2018 again as there is so much more interest and development across the industry. Too many big players are happy to buy the dip and this stabilizes the whole system.
We can still hit a harsh bear market but i think that it will be shorter and gentler than the ones we have seen before this.
It's a dangerous game but we all know this already and have made the choice to ride the waves for years to come. It's easier to do when we have things to focus on like building and stacking hive.
It's no hard to have HBD as a solid backup against the bear market and the dream would be to someday have 500,000 in savings that would pay out a string living wage every year. It could take a long time to get there but we have years to keep adding to the pile and let it accumulate the interest.
HBD Payouts.
I will keep it simple and whatever gets payed out in HBD goes straight into savings as HBD.
This way my Hive power keeps stacking up while my savings keep growing.
The best of both worlds.
Posted Using LeoFinance Beta
I still don't think it's attractive enough. Personally I wouldn't be excited unless it was 15%-25% range. I can make 11% just curating on hive and most likely more than that plus all the other benefits of having voting power such as awareness money talks around here (vote power talks) Lol
Posted Using LeoFinance Beta
According to Hivestats, your Curation is 9% APR x)
yep it's not the best at the moment but it is possible to get it up to 16% If I focused on just income I could get it to 16% but I like supporting a few of the smaller contents to give them a push which actually doesn't pay out as well.
How?? After the HF where the curation curve got removed and became linear everybody almost have the same APR. 9-11% if you vote regularly
I think there are a few accounts that may get votes late. For example those in the Splinterlands Challenges and stuff like that. So it's possible for some of the content you vote to get boosted by the later votes.
Posted Using LeoFinance Beta
But how does that affect the Curation when its linear and not curved?
If you vote in the first 24 hours, you get at least 50% of what you give out.
Between 24-72 hours, you get 40% and the other 10% gets added to the people who voted within the first 24 hours
After 72 hours, you get like 30% and the other 20% gets added to those within the first 3 days.
I am not sure about the time between the layers but that is the general idea
Posted Using LeoFinance Beta
So after 72 hours the mast 20% gets added to the pool for the first ones voting within 24 hours??
I don't remember the exact percentages but I think it was. However I think your thinking about it a bit wrong. Let's say a post was $1 after the first day. Then someone slaps a $20 upvote on the last day before payout. So 20% of $20 would be distributed to those voting during the first day.
Posted Using LeoFinance Beta
Yes. Thats how I am thinking about, I get it xD
My bank account pays out 0.55% interest. For me 12% with no fear of rug pull is very attractive.
It takes the fear out of earning. I know that i can make more in defi or slightly more in curation but the price action is a big threat then. If i convert it all to hive and the price halves it isn't a great option.
I like to have a safety play in my back pocket. I'm still powering up 50% of everything earned to grow the account but it's good to put all of the HBD into savings and let it build.
Posted Using LeoFinance Beta
Of course but if that was really the case I feel like we would be seeing a lot more price action being that people would pour FIAT money into HBD I don't see that happening. HBD is very limitly traded. Hopefully sites like BeeSwap can start changing that.
Your content has been voted as a part of Encouragement program. Keep up the good work!
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for new Proposal
Delegate HP and earn more
Me2 buddy!!
Well. Cub is still paying out 47% APR though :P
Don't worry.
There is a little bit of stake in the CUB kingdom as well. Spread out the different investments and it would be silly not to have a few CUB with all of their big plans.
Posted Using LeoFinance Beta
Okay okay good hehe :D
I am also hoping on that going to the moon, but right now whatever the happenings to the blockchain I am confident that everything will be worthwhile. If it does not go up, then more chances for us to hoard those tokens preparing for the winter. Anyhow it will always be a win for us who's staying for good in this awesome platform.
12% APR for savings super thankful that we have such too!
Posted Using LeoFinance Beta
That's a good attitude and i think that your right. I am very confident of where we are going right now and that we will see success.
Posted Using LeoFinance Beta
It is good that HBD is getting more attention. We need to keep pushing the idea into people's minds.
How can we improve HBD and make it a better stablecoin? This is something that could really set Hive on fire if we get it right.
Posted Using LeoFinance Beta
How can we improve HBD and make it a better stablecoin?
I always thought that is should be more accepted as a form of currency across the eco-system. I found it strange that a lot of the apps implemented swap.hive as a form of payment instead of HBD.
I would think that it's a much better option to purchase digital goods using a stable coin instead of hive which can fluctuate so much.
Ragnarok is going in this direction which is a good start.
Posted Using LeoFinance Beta
A 12% return is not something to be sniffed at, indeed, and in any normal market it would be considered excellent. I suppose we've already become accustomed to rather more spectacular returns in crypto land. All the same, I have some HBD staked in order to accumulate that 12% passively.
If my bank was paying out that much i would be delighted. It is a great return, especially for a stable coin. Most are only about 5%.
Posted Using LeoFinance Beta
12% HBD interest, yes please! That's my mind made up on my small holding of HBD. I'll convert some to Hive first for PUD day though, as I don't want to get caught out again!
Thanks for the heads up
I will take 12% all day long. Let it build up for a few year and keep compounding.
Once it gets up to 300k locked away you have a solid wage just form the interest payments.
It might take a while but no better time to start.
Posted Using LeoFinance Beta
Definitely and if you add a bit of dollar cost averaging and add some fiat to it, 300K might not be as far off as it seems. Personally I think 12% is excellent and far less volatile than some of those crazy APR farms
I saw the change as well and it is making me rethink about whether or not to move funds into the stable coin diesel pool or not. At least the current rate isn't exactly very attractive because I would lose 1% for depositing HBD then I might also get hit a bit when converting between HBD and BUSD.
Posted Using LeoFinance Beta
There are lots of options for interest payments but i just love how easy this one is and a good rate of return.
Posts are paying out in HBD at the moment. Stake it once a week and then let it grow. What's not to love.
Posted Using LeoFinance Beta