Dumping Vouchers, holding Hive and HBD savings

in LeoFinance3 years ago

image.png

One of the toughest decisions I've had to make is picking what to do with my vouchers. I initially planned to convert them to Chaos Legion packs and then sell the rest but I don't think that's actually right.

Going forward, the vouchers are going to be somewhat important in the game, so holding some seems like a nice idea. However, based on how things are going right now, I don't think holding vouchers right now is the best idea.

The price of vouchers have been pretty high due to the rush for Chaos Legion packs. However, based on how the price of vouchers and packs have been dropping, it's safe to say that the big boys are satisfied with their collection.

This means that it is very likely that the price of vouchers is going to enter free fall mode and keep dropping until it's somewhere in the $4 vicinity.

So, keeping that aforementioned point in mind, I don't think holding vouchers is a nice idea. The better option would be to just sell them for now and then buy later when the price inevitably drops to a favourable level.

10% APR

If I'm going to be selling my vouchers, I have to ensure that the proceeds are working for me. So, to achieve this, I've decided to pile up as much HBD as possible.

Right now, I could be making about $20 per month from saving HBD on hive. The minimum wage in my country is about $50 a month, so relatively speaking, I'm actually making a decent amount of money.

I think this is the safest way to save towards future expenses and Hive makes it very easy to do it. The best part is that there are no fees and since it's on-chain, you know your funds are safe.

When will the bull come?

Hive has looked really healthy in the market but I don't think we're really hitting our true potential.

I think hive has a substantial pump along the line and $5 is a reasonable target.

I hope it'll carry all its children along with it when it pumps. It might turn those huge engine tokens I've been stacking into a gold mine.

I have this weird tingle at the back of my ear that something huge is coming to hive. I think many of us are about to make life-changing money and the system will create even more millionaires along the way.

The future is bright

I really hope things work out for all of us in the coming months. Hopefully, the incoming bull run won't be a flash in the pan and we'll finally see hive where it's supposed to be, sitting among the top 20 crypto projects.

We're still a long way from that kind of valuation, so all we can do is stay the course and keep on stacking.

Things may not be so awesome now but I'm confident in our future. We just have to keep believing, keep improving and keep growing the network.


Contact & Support


Posted Using LeoFinance Beta

Sort:  

It might not be a bad move to stack up on hive with the spknetwork airdrop soon

Can you share more about spknetwork airdrop or any link about it?
Thank you!

Posted Using LeoFinance Beta

3speak airdrop

https://peakd.com/speak/@theycallmedan/the-speak-network-incentive-layer-hive-fest

The airdrop is based on the amount of hive and HP you have at the time of the snapshot.
The airdrop has to be claimed. (in around 80 days)
I'm sure there will be a big announcement before hand

Not a bad monthly income considering that it's a passive and relatively low-risk investment! Great job!

Posted Using LeoFinance Beta

Yup. It's virtually zero risk.

Right now, I could be making about $20 per month from saving HBD on hive. The minimum wage in my country is about $50 a month, so relatively speaking, I'm actually making a decent amount of money.

This is major. I love reading things like this. It is about life changing money. While that amount is not there yet for you, it is a wonderful baseline to work from.

Posted Using LeoFinance Beta

It is actually very incredible when you think about it.

Also, the crazy thing is that while minimum wage is officially $50 a month, most people take home around $25-30 per month from their jobs. All I have to do is keep piling up HBD and one day, I could be living off my savings on Hive and I'll never have to work again.

All I have to do is keep piling up HBD and one day, I could be living off my savings on Hive and I'll never have to work again.

This is something that is truly amazing. Hopefully thousands follow your lead. It is incredible the opportunity is here and people can take advantage of it.

Keep that compounding working for you. The more that is put away, the greater the amount that will be paid out to you.

Posted Using LeoFinance Beta


~~~ embed:1454453267715567621 twitter metadata:dGFza21hc3RlcjQ0NTB8fGh0dHBzOi8vdHdpdHRlci5jb20vdGFza21hc3RlcjQ0NTAvc3RhdHVzLzE0NTQ0NTMyNjc3MTU1Njc2MjF8 ~~~
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.

I have certain questions about the HBD savings.

Did you get your questions answered?

Yes. I did. Thanks 😊

Coming from Twitter for ur vote

The minimum wage in my country is about $50

Most times I forget this terrible figure

Posted Using LeoFinance Beta

Yeah buddy! I think the Hive future is VERY bright. I don't think I've got enough Hive to be a millionaire this cycle, but maybe by the next cycle peak around 2026?

By the way, do you know how long the Chaos Legion presale is goin on? I want to get some packs, but I'm waiting until almost the end. Just to see how many vouchers I'll end up with.

Posted Using LeoFinance Beta

Voucher airdrop for presale will be end on 17-Nov and you still can buy CL presale pack until 25-Nov.

Posted Using LeoFinance Beta

Sweet! Thank you.

Top 20 projects?! Please can the bull run wait for me to grow a little?😃 I would love so much to be a beneficiary

I have this weird tingle at the back of my ear that something huge is coming to hive. I think many of us are about to make life-changing money and the system will create even more millionaires along the way.

I have that same feeling myself. So I threw some over on bittrex and have a little liquid on HIVE. A vibe is telling me to power down a bit more.

Imagine if HIVE reaches $20 and everyone has their HIVE powered up without a single HIVE to release and the Koreans make all the gains....

Posted Using LeoFinance Beta