During this time when the price of Hive is low, what is the better thing to do with HBD? Should I put it in Savings or convert it to Hive and power up to HP?
#finance #leo #hbd #meme #pepe #hive
It's up to you no one can really tell you. For myself though I convert a fair amount of it into Hive as I feel hive will increase by 20% compared to waiting a year for the 20% APR of HBD.
20% on $0.22 is only $0.044 so as long as Hive increases that much you just matched that 20% APR. Of course it could fall lower as well.
I prefer to swap it to Hive and power up, it will give you increased curation rewards.
#freecompliments
Same dilemma here. Really for me depends on whether I need to preserve capital or not.
It's up to you no one can really tell you. For myself though I convert a fair amount of it into Hive as I feel hive will increase by 20% compared to waiting a year for the 20% APR of HBD.
20% on $0.22 is only $0.044 so as long as Hive increases that much you just matched that 20% APR. Of course it could fall lower as well.
Also consider that hive if you're active in curation etc will net you around a 10% APR itself.
The other thing to consider is HBD only has a 3 day lockup window while hive has a 13 WEEK lock up window.
Thanks for the tip!!
!PIZZA