On the 15th of every month, I usually claim my HBD interest. Today is again 15th of the month and I was able to claim my interest. I usually not only claim my Interest but I will also be pushing some HBD to the savings. After we got a perfect stable coin on Hive and when the interest rates were increased to 12%, HBD has been a hot topic on Hive. I personally shared my experiences and my thoughts on HBD.
I have also been adding whatever I can to HBD in spite of all the investments I have been doing. I was initially thinking that I should start exploring outside Hive as well but then HBD became very resourceful and I have started saving HBD a lot these days.
Apart from focusing on increasing the Hive Power, I have also started focusing on increasing the HBD savings as well. My goal to reach 100k HBD is still intact and I'm glad to see that I have completed 3.1% of my goal. Slow and steadily it is increasing but I have some news to share. I might possibly start cashing out the HBD or move that to other investments. The main reason is due to the crypto situation in India. I was wondering if I should be cashing out some of my savings before the start of April because the new tax rules are going to be applicable after March.
I'm happy to see the interest increasing every month. It is now 31 HBD compared to 27 HBD it was a month ago. With the 12% interest, it can be one of the best interest-yielding decentralized coins in the crypto world. There is no other project in the decentralized world that offers this much. I recommend HBD investments to my friends. The main reason is that we don't have to take the hassle to explain everything about Hive. Just compare this with USD and give them some explanations. That should be sufficient.
I was wondering if I should be holding my HBD savings to a different account so that nobody knows that I have this much HBD. It is better to keep it that way because I can also save myself from evil eyes. People think that I'm earning a lot here but yeah it can be true but nobody understands the efforts and the number of hours I spend here to contribute here. I hope people will mature and understand that. I'm sharing this frustration after having some conversation with a few people in private who were repeatedly saying that I was a very lucky kind of thing.
I want to grow my HBD in such a way that someday I should be able to take out interest more than what I earn from my day job. If that happens, I guess I should be free enough to quit my job and chase my dreams. I really want that to happen in the next few years. I don't want to wait till 40 to get retired completely. I want to plan for early financial independence where I'm able to spend the money I have earned on something that gives me happiness.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
 |
 |
 |
 |
 |
 |
Posted Using LeoFinance Beta
Come on! Retire before 40 is a dream that many here cannot accomplish, specially myself since I’m 46 😂😂😂
I’m also staking HBD as much as possible, my goal is to reach 4000HBD staked this year…I’m now reaching 1000
Great good luck on your goal. Maybe I started my retirement plan a little early. 🙂
I see what you mean! All the best in your quest!
Where to claim the interest? I don't see that feature on the Hive blog site?
You can claim your interest by logging into your wallet on https://peakd.com/
Oh I see. OK thanks. Will check if I have any.
Jeez buddy. Thats an insane goal! :D Its not only for 2022 right? :p
But gratz on reaching 3.1% :D
I would be happy if it happens in 2022 lol but yeah it is overall goal. 🙂😉
Ah, well, lets hope you hit it in 2022 then :P
Awesome keep up the good work
Thank you. Cheers!
It's silly for people to say that you are lucky to be earning as much as you do.
As you mentioned, it takes lot of work and effort, intentional effort to get to the point that you are at.
Sadly, people must talk but that's it, let it get to you then blow it out, right?
Keep being as genuine as you are, you are surely an inspiration to many, myself for sure included.
Thank you so much for taking me as an inspiration. Cheers! 🙂
I think 100k HBD is quite great but it might not be enough in the US. However if HBD can just stay stable, it's not a bad income to have. I wonder how much HBD I will get from my own efforts and I think it works well as an addition source of income.
Posted Using LeoFinance Beta
It is not enough in India too but if the Interest is going to stay 12%, then it should be enough for passive income I would say.
Wow that's good investment bro. I was wondering how I government gonna track crypto payment as we mostly using P2P transactions. You have any idea ?
No bro no clear idea as such but i think P2P will not be a problem until the exchange is disclosing the data with the government.
I too am putting the HBDs into savings
Great keep going 👍
Good luck bro , me too I do hbd in savings I'm still new but Iwill do my best 👌
Great. Keep going. Cheers!
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
Read our latest announcement post to get more information.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Congratulations @bala41288! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 11000 replies.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz: