ARE YOU PART OF THE LIST?
I have been following the HBD bandwagon for quite some times. I managed to hold patiently a decent amount. It took me a while last year to get there. Finally I reached that threshold and I am looking for what I can do this year. As we all know @geekgirl posted every month the trend to give a look into the holding of HBD in the saving tank. As I looked through it is way back till 2021.
When you think of 20% APR it is a great deal if you have patient. I have to focus of the word patience. You have to wait after around a month time before you can withdraw it to your account and then you have to wait three days to spend it. I am talking about your HBD in saving and the earning associated with your savings. Many has approached it and decided to be part of it. If you go down the list by @geekgirl you will see a list of top 500 hivers accepting the challenge. The earning is considerable interesting if you have a load of HBD available for this deal.
Before I go further there are many posts explaining why HBD as a debt with 20% is not a problem for Hive and the community. I think there are too many obstacles put in place to stop from ever happening. By the way a big chunk of HBD belongs to DHF helping HBD to maintain the peg to the dollar. It helps both ways. That big chunk of HBD is not participating on he 20%. Solely you and I can participate and earn back that interest.
Are you part of the list? If so what do you like about it? What you do not like about it? Personally I have to be patient to be part of it. I wish what you earn should be available right away. Maybe in the future the witnesses could exercise the code to enable it. Maybe in the future the percentage can go up. At the same time it is a privilege and your free will to participate. The same way it can drop down to 10% or less. I think if Hive appreciates abundantly expect to see it going up. I can say the opposite if Hive goes down more, giving enough room for the blockchain to play its part.
One key value of HBD it is open to everyone. Every HBD is back by Hive. So since Hive is around 30 cents, for one HBD you need around 3 Hive. When you look at the current supply by adding HBD on top this is in reality the amount of Hive we have available. It is to show what value is. I can see why we need more HBD to concurrent with Hive giving us a higher threshold as a blockchain. I think the best approach to have more HBD it has to come from burning Hive, reducing the amount of Hive available in the market. This will put pressure on Hive price to rise in order to match with HBD.
Having 28 million is a start for 2023. Hopefully by the end of the year 50 million on the book. I know the fund will grow but the real deal should be us holding the HBD giving a decentralized aspect for the blockchain. I looked from prior month to last month I lost close to 10 places on the list. I did not withdraw and I put more into savings. Somehow more hivers start to understand the value and join. This is the competitive aspect that insinuated in the community.
You would think more will join. It is happening slowly. I think as more build enough patience to withstand the wait we will have a lot more participating. If I play around I could easily drop off the list. Actually I am adding more going forward. It is a no brainer. Anyone can participate. You can buy it off the market or write posts and earn it that way.
You could be part of the list. Can you make it top 500?
Keep on vesting though.
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Yes, I'm very much building slowly my HBD stock and putting all interest back into savings so that it grows more. 20% is best you can get without risky trading
Glad that you focus on building. It may take time but do not worry. Time is the value that keep on rewarding you back
!PIZZA
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Thank you for Pizza, I will stake that as well 🙏😂
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When Hive is cheap sometimes better to sell HBD and buy Hive, There is a potential for a greater than 20% return if Hive moons in the next run.
This ☝️.
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I imagine that point as well but it is a risk of some sort. Volatility is not much of a great factor to implement. It is a way to earn as well by selling HBD for Hive.
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That is true also, I think you can use your HBD income stream to purchase more Hive on a regular basis
good methods of growth, your information is valuable!
Congrats on reaching your set threshold for your HBD Savings! It would be awesome to become part of the list someday but now, growing HP is one of my priorities especially with the current price of HIVE. But yes, the 20% APR on HBD Savings is hard to ignore and I believe more will add to theirs as time goes by.
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Listening to many ideas I am tempted to sell but... nah for now.
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Let it earn its share :) It's a good passive income if I may say so
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I am part of the list and sitting at position 407.
Good to know. As you can see if you are not vigilant you can get drop any moment.
Glad you are growing it.
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I don’t have any hbd presently, I already sell for hive but I will build that back soon
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I am part of the top 500 and I plan on staying there. I hope I won't get kicked out because I plan on adding less HBD this year compared to last year.
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Now there is a problem. We have the same problem we might get kicked out some days.
I am pretty high thinking I am safe. We will see about next month.
!PIZZA
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I saw your wallet with 10k HBD and that is a Waooh. At 2k, am looking up litrally to you, haha. To answer your questions?
Sure I am with a tiny 2k HBD. I love everything about it it. The best is that there is no fear of investments depreciating or fluctuating like the rest of the alt-coins. Again, Love to make money while I sleep or do nothing. They call it passive income. The only thing I wish could change is to have the interests paid daily in HBD wallet where I could spend it without removing anything from savings.
I hope to grow more in the future!
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Good rhythm for you.
I did sacrifice a lot to reach that high.
I hope to continue a touch my sky.
Keep it going
!PIZZA
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The conditions of this time market, no one knows when it will go up or down, so it is better that we have been buying HBD and stacking it and take 20'/' profit. Giving this much profit to stable coin is helping the community a lot. As such, many people have been trapped in this market by buying at such high prices.
Tell me more, this market is over its heads. Crypto is losing the air of 2020.
Definitely we are going back to square one after #FTX messed up big time.
Trust as a whole is gone.
Luckily the application are harmless, humans break everything.
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Yeah you absolutely right. People's trust have gone off the market because of the luna and ftx crash but But still when the bull cycle comes it will definitely go to the markets as there are many whales waiting.
hodling!!