HBD Interest Payments For March | $136K

End of March has come. We had another great months in crypto and it is just getting started. Bitcoin is above $70k, some alt-coins are also building momentum and getting ready for something amazing to happen. Even Litecoin has been moving up. It is above $100. Not the best price, but every upward movement and crossing important price points matters. Hive had a good months as well. We are not even close to where we should be yet, but things look promising. Bitcoin halving will be happening in April. Hopefully it will serve as another catalyst to make thing even more interesting in crypto.

When it comes to HBD vs Hive as an investment, March has been a good demonstration of potentials and what we should be paying attention to. HBD is a good investment and has amazing low risk 20% APR gains for those who are interested. However, it is not the best investment. If there is a risk with HBD, it is risk of missing out on massive gains. 20% APR is great, but 100% is much better. What we have seen with Hive's price this month is that, there is a potential for much higher returns on investment than 20%. That is why I always considered HBD as a hedge to the main investment that is Hive. For a very long time my target price to convert all HBD to Hive was $0.20. That did not happen. This month my target has changed to $0.30. That would be a great price to get more Hive and see how the year will turn out. I think it will be a great year.

By having HBD as a hedge, we don't need to worry about what happens with prices in the market. If Hive moves up great, we are winning. If Hive goes don't, no problem, opportunity to buy more. That said we haven't see massive movements in Hive's price either. While the price gain has been more than 20%, it seems Hive has been struck between $0.40 and $.50. It would be nice to see Hive overcome 50 cents, so we can move back up to dollars. Regardless what happens with prices, network continues to function without issues and decentralization continues to grow. HBD had a good month as well. Interest payments are at $136k.

Number of accounts hodling HBD remains above 3k and continues to grow. Total interest payments make another all time high at $136k. More and more HBD is being paid out to HBD hodlers. I don't believe this number represents new investments. It looks like current HBD holders are compounding and getting HBD every month. I might be wrong. We will see if this number will remain about $130k in upcoming months.