Back in the day, HBD was one of my main targets in my operations on the Hive Blockchain. It was what I used to calculate my daily, weekly, and monthly earnings, and at the end of the week, seeing the amount of HBD I realized gave me joy. I didn’t pay much attention to the other token, which is HP, because I knew that anything I earned in HBD was equivalent to HP, and that’s because I used (and still using) the 50%/50% HP & HBD posting method.
This post is done in a past format, that's because HBD earnings through posts is now in the past.
What did I do with my HBD?
I withdrew to fiat:
Whenever I needed money to sort out some pressing issues, HBD was always there for me to withdraw to fiat and handle the situation. Sometimes the exchange rate with USD varies, but I’ve always taken it as 1 HBD = 1 USD. I usually made this withdrawal to fiat by first converting it to HIVE and then sending it to an exchange that accepts HIVE.
I temporarily kept it for trading:
One of the tools I used back then for trading was HBD. Since HBD doesn’t fluctuate much (the fluctuation is insignificant), I kept my earnings there. Whenever HIVE went down, I swapped from HBD to HIVE, and then waited for HIVE to go up before swapping it back to HBD. By then, I would have made a profit. I used this method a lot back then, and it fetched me money. Ever since HBD earnings through post were scrapped, I haven’t thought about trading HBD. It just feels somehow these days to convert liquid HIVE to HBD. To me, it feels like the wrong step. Don't you think so?
Savings with APR earnings:
Some days ago, I noticed that the APR for HBD savings has decreased from 15% to 12%. I checked again today and met 14%. Back when the percentage was more attractive, I made some good profits from saving HBD. For now, I don’t have any HBD to save, and I doubt I would go for the current 12% APR. No, it looks too low.
I hope the HBD earnings on posts return soon.
Thanks for reading.
This is my entry to Indiaunited contest
Photo: Screenshot from my account