20% APR into HBD Savings! What if I had $600K HBD ...

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Having passive income from any valid source is probably a dream for many! I doubt there would be any one who would say no to any sort of passive income opportunity available out there in today's time. Since we are in crypto and after venturing through immense options which are giving out lucrative APR's for stable coins, in my POV HBD has the best and sustainable returns for the time being.


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Image captured from Twitter


Trying to give some imaginative thoughts around this fact!


20% APR


This is an interesting fact in the current crypto market. A lucrative offer to grab. Given the circumstances this would probably be the highest grossing APR, given out by any stable coin till date. Well, I have seen others but almost every one of them had sustainability issues. But given the fact about HBD, things are much more different than any other traditional stable coins!


Compare


To this date USDT and BUSD seems the most stable coins out there in crypto market. The most safest place as of now seems to be Binance. I would rather not keep anything on any exchange but just for clarifying the fact and for the purpose of comparing making this paragraph.



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As you can see, USDT has an APR of 5.5% and BUSD has an APR of 6% on Binance Earn. Well you can see why HBD is such a lucrative deal compared to the available ones.



Just to answer little bit more elaborately, of the question asked by @khaleelkazi


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Just to think about that figure, it is giving me chills down my spine. But if by anytime in the future, I get to hold this amount and the circumstances is within my reach what will I do with this amount and how will I utilize, the fund!


Well, well now that I have that amount in my mind, its time to utilize that fund and make the best out of it. Since, I would be getting $10K HBD per month, its time to find appropriate ways to utilize that fund.


Out of 100%, I would distribute


  • 50% would be re-invested into Crypto (aka HIVE Blockchain)

The initial 30% would be reinvested into HBD and keep the amount growing every month. Making it a compound growth every month. While the HBD amount keeps on growing, it is time to keep the focus on Hive-Power. Since the return on HBD is greatest compared to HP but I want to keep growing my account in a steady basis. Which would increase my HP stake and I would also get a decent amount of curation reward. So a win-win situation for the time being.


  • 10% into Altcoins

I really want my portfolio to be diversified. In this case, there are few altcoins which I have been seeking badly to have in my portfolio for a very long time. And if I can utilize 10% of the 10K HBD amount into these altcoins, I would definitely go for it.


  • 10% into Splinterlands

How can we forget Splinterlands! Currently there are lot of aspects that I want to dive in on the project. But due to funds issue, I am not able to see much of a progress out in this region. Not that I am not doing progress with my current efforts but this 10% would give a huge boost to my knowledge and assets within the game.

I would upgrade cards, probably buy few lands, probably couple of License nodes along the way, while I would also stack up SPS as much as possible. As I have said in my previous posts that I want to achieve the goal of 500k SPS in my account those dream would have filled up much faster than I have expected. So this would really give a boost to my journey.


  • Keep 10% Liquid in HBD

Well, we know what actually happens after every few weeks in HIVE Blockchain. We often see the charisma of Koreans popping up and showing their trend into HIVE and HBD. They do pump these coins and it gives some very lucrative deals once in a while. Now this has become more of a trend and this sort of opportunities arises very often. Since the market cap of HIVE is low and it is quite easier to grab the tokens from the market. So an easy way to make these coins pump in a short period of time.


  • 10% in real life assets

I know how it actually feels when the crypto market sees the down trend. We have been in bear market for almost a year. Without any sort of financial backup things starts to get real dirty. The effect of it falls down to the portfolio. It has effected me in several ways and I really want a real life income source where I will not have to worry about selling off my crypto during any crypto winter season. So putting up few real life assets every month and make the best use of those along the way.


10% cash out


Well, now that I have a steady income flow, I would need to enjoy life a little. Well technically I do not really need much of cash every month as most of my things are really taken care of very easily. But still there are things that I really want to take care of and improve the standard of my living.


Well there goes my full proof plan and how I would utilize the fund every month!



Well, there are accounts that does really have this sort of balance in their account and to name one I would say @lazy-panda's wallet. As of this moment the account has 720,178 HBD into savings account and it is literally printing money every second as we speak.


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But lets come to the ground as of now. Since I have just woken up from a very exquisite dream and it literally changed my life's scenario for couple of minutes within the dream. Lets see how far we can go and lets also make the best use of the current opportunities which is being provided by us by our Hive Blockchain.


Best regards
Rehan

Want to play & earn from Splinterlands

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21 comments
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These are some of the things I would use my $10k per month for. Staking more hive to increase my curation reward, buy altcoins, buy real life asset, own a house and rent it out, then I can enjoy myself.

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Staking more hive to increase my curation reward, buy altcoins, buy real life asset, own a house and rent it out, then I can enjoy myself

Seems like a nice and wise goal to achieve ;)

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That's a nice plan for the 10k HBD per month. Dividing it into different areas adds to your passive income. It's the best way to earn continuously.

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Well, hopefully we get to see it works out for us in the long run!

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

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100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

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Locking up $600K in HBD would definitely take care of living expenses, ultimately freeing up time for passions and other endeavors... at least someone out there is enjoying it 😉

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lol exactly! At least someone is getting the life that everyone is dreaming of ;)

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I know place where ~ +40 - +50 % APR.
So.. 20% not so big return.

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Sounds great! If possible do share those places. It would be nice to watch them out for ourself as well ;)

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Yeah, if only I had 1/6 of that HBD I would be happy.

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That sounds like a plan for now. Time to make it happen!

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I would probably do something similar to your plan, although I dont have anything close to those numbers, eventually I think this APR would go down but since Hive is not yet a blockchain as popular as others it will last a bit longer at this high interest, could probably take until next year half way, Im not planning to take any profits so lets see how much I can accumulate for the next few years, thx for sharing @rehan12 ✌️

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Well well just imagine that person is lazily getting that much return and taking the benefit for the next couple of months and ultimately also getting the main amount. Such a beauty of Hive Blockchain.

Well, do not forget to share your journey with us all!

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