There have been a number of posts about HBD lately, most recently from 
The Rise and Fall of My HBD
Last year I was able to save 1800 HBD. Looking back, I'm actually unsure how long it took me to do that. I didn't use any outside investment, it was just stacking what my posts made. My posts don't make as much as some of yours do, so it might have taken me the entire year to save that, or maybe even longer. Hmm... I didn't track things as well as I might have.
At any rate, I was at 1800 HBD. I like that number because at the current 20%, 1800 HBD means roughly 1 HBD per day in interest. That's a great milestone!
But then in the last month of 2022, HIVE fell to just $0.25. I debated a while if I wanted to take advantage of that dip but eventually decided to go all in and I withdrew all 1800 HBD, bought HIVE, and powered up.
At the time I didn't regret it and I still don't. I think if we are active on the blockchain, posting daily like I do, curating daily, and being involved in projects, then holding HIVE has a bigger advantage than holding HBD, even considering that sweet 20%.
That said, there is some advantage to holding a stable coin.
Advantage to Holding
I believe in HIVE as much as any of you. I wouldn't still be here after six years, spending time writing posts and being involved, if I didn't. I believe HIVE will eventually gain traction and go up well past $1. When that happens, my investment here will look very smart.
At the same time, my crypto holdings are very unbalanced in the direction of BTC and HIVE. I've started thinking it might be the safer move to start stacking a little HBD to balance my holdings a little.
So I'm starting small. I am going to save 5 HBD per week. That comes out to 0.71 per day. Not a huge amount to save, as my focus is still going to be on powering-up HP, but a little to keep back.
I even made a nice table to track my daily deposit in the saving account.
What do you think? Are you stacking HBD? What do you think about the coin?
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David LaSpina is an American photographer and translator lost in Japan, trying to capture the beauty of this country one photo at a time and searching for the perfect haiku. |