Hello Hivers!
Today, I learned that there is an account that now holds a 1M HBD in savings! Awesome Lazy Panda!
What that means is that this account will earn 16.67K HBD every month and when it is compounded for a year it can reach up to 219K! OMG, that's an incredible earning potential for a single account or maybe they are a group. But still, that's inspiring, to say the least.
My HBD savings balance is empty, lol. And now I'm regretting why I never put anything in there.
Actually, HBD savings is the best way to earn here in the Hive ecosystem because of its 20% APR interest rate. This is far better than anything else in the platform when it comes to passive income because the curation reward is around only 8% to 10% when your style is manual curation.
Right now, I'm stuck with my HP goal so that's my focus first. But when I achieve my HP goal, I will make sure that I save a portion of my earnings to invest in my HBD savings. I mean, this is a sure way to maintain the value of your asset because it is a stablecoin and substantially grows the value because of its high-interest earnings.
That's why I'm a bit confused about where to focus because when I hold $HBD it only has 2x after 5 years (or less because of the compounding effect) because the earnings are fixed at 20%. But when I hold $Hive, it has 2x or 5x, or even 10x potential depending on its price in USD. Hive has the potential to increase in value depending on the market, but HBD is only at a fixed value equal to 1 USD.
So, I'm torn between a consistent passive income that HBD will provide compared to the potential greater profitability of Hive when its value suddenly increases in the market.
No matter what I choose, I believe that each of us has a chance to achieve success here on the Hive platform. It's all about keeping a good mindset and determination to make it happen. Both strategies for HBD earnings and Hive earnings require patience too.
Keep it up fellow Hivers!