The Success of Tomorrow is the "Staking" of Today

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1000 HBD stacked already.
Since the beginning of the year I have decided to accomplish a goal that may seem strange to many but at least for me it makes perfect sense.
I am accumulating and staking all the HBD that I can in my Savings Wallet, I am doing this as long as HIVE is above the $ and HBD stays in its PEG.
Why am I doing this?
Obviously because of that juicy 12% APR that our promising but still not so stable "stablecoin" offers. Yes, one can think of multiple strategies to accumulate as much HIVE as possible and make it POWER-UP, one of them could be to wait for HIVE to drop in price and convert our HBD into our beloved token...others, on the other hand, think differently and I will explain why is important to stake both tokens at the same time based on the Compounding effect.

It does not take a mathematical brain to obtain the graph of the compound interest on any of our two precious tokens.

In HIVE the graph that I manage is really explosive, only taking into account the current APR incurred daily (2.85%) plus what I receive daily as Curation or author rewards in the form of HIVE POWER (around 10 HP a day approx today) , the Compound Interest simulation launches me into the stratosphere in a few years...

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In HBD the effect is similar, less explosive perhaps but safer, in theory. We have an APR of 12% incurred monthly and I am also staking all my HBD that I receive, which as of today is around 6HBD a day on average. Assuming that the APR is maintained and I comply with the established daily investment, if not more, the simulation offers me a spectacular return from the third year, practically tripling what I have been conscientiously investing daily.

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What will happen if the price of HIVE goes to our current floor known as 0.1 cents?
Obviously, it will be quite difficult to continue staking 6HBD daily, but on the other hand, it will be much easier to do it in HIVE POWER, so I will have to change my strategy, converting part of my unstaked HBD into HIVE to take advantage of the opportunity.
However, due to the "stable" nature of HBDs, the value of my portfolio on this blockchain would not have suffered so much as this token is supposed to take the hit... Thus is working as an insurance in case of Price drop and that's why is so important to continue to "lock in" our profits using this wonderful options that this blockchain and its witnesses offer us.

For both options, the success of tomorrow is the staking of today.

Obviously, there is no "zero" risk on this process...the crypto market and its technology are still risky investments...we are still laying the groundwork for future adoption and although HIVE has shown fantastic resilience, no one can assure us to the 100% that in the future there will be no restrictions that stop our plans.

In any case, I think is worth the efforts, isn't it?

@toofasteddie

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9 comments
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1000 HBD stacked already.

Same here. What I like about it is the good juicy 12% APR and the compounding. It's a good way to save.

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current APR incurred daily (2.85%

Wouldn't it be great if it was 2.85% per day! ;)

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How long did it take to earn 1000HBD? Congratulations by the way

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I started the challenge on January the first by staking 700HBD so, it took me 1 month and a Half to get to 1000HBD actually

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You are right... it makes perfect sense! This is a long-term game and the rewards are short-lived outside of compounding.

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We're in it for the fun, and for the long term outcome! ;-)
Great post! Came across it on Publish0x. Liked it there, like it here ;-) Following you on both, and hodl'ing all I can!

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