Crypto advice

in Liketu • last year



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Hey lovely people of Hive

I was hoping someone could give some advice to a crypto noob.

Would I get better earnings from HBD in eavings to fet the 20% APR or would I be better to power up HIVE for the potential upside gains if a crypto bull market takes off?

Any advice is much appreciated

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     last year (edited) 

    Buy Bitcoin. NOW!
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    !LUV

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     last year  

    (1/10)@prinzvalium sent you LUV 🙂

    Made with LUV by crrdlx

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       last year  

      Powering up you account (Staking hive) is a really good option if you are planning to be around for a long time, or if you are actively voting on witnesses, proposals, and other peoples posts, its not that important if you're just trying to make short term gains.

      My advice is to split your earnings.

      • Have Hive for the hopes of gains.
      • Have HBD for a good stable investment (when put into savings) and to move around the network,(buy art, play games, etc.)
      • Have a good amount of HP to encourage others to post more on hive by contributing to their post rewards (and getting a little back yourself)

      You WILL get better earnings putting HBD into savings than powering up your account in the immediate future but over time that will shift as there are a good number of users that make all their earnings off of voting on posts instead of publishing them.

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       last year  

      What everyone else has said ahead of me. You asked about Hive, though, so I say this: why not do both?

      Staking $HIVE not only lets you earn interest on what is staked, but it gives you greater rewards when you upvote people (curation rewards) and when you create your content (author rewards). Others benefit from your increased stake in HP, too.

      As for HBD, that's the stablecoin pegged to $HIVE and represents the HIVE-equivalent of 1 USD. When HBD is kept in savings, it earns 20% APY-- that cannot be overlooked. Liquid HBD earns nothing, but it can be used to buy more HIVE when the time is right.

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