Getting started with HBD

in LeoFinancelast month (edited)

Today I started the unstaking of most of my balances in the Cosmos ecosystem and am planning to move a portion in batches to the Hive ecosystem.

Specifically trying to create a hedge for my other investments (in both stocks and crypto) by using the HBD interest account.

I will use the table below to keep track of my progress.

The strategy I will use to make progress within this table will exist out different elements:

  1. Direct HBD investments (roughly 75% of my 2024 goal) selfsustaining in 2025.
  2. Hive engine pool rewards (current position $2350,- | partly re-investing, partly converting to HBD)
  3. Profit from the $cent delegation program that rewards cent delegation to account @centtoken with weekly HBD rewards https://peakd.com/hive-173575/@centtoken/weekly-delegation-report-october-7-2oa
    I will keep upgrading my staked position using the daily pool rewards.
  4. Play-to-earn: while it is very easy to keep reinvesting and focussing on improving your account, I will try to balance account growth with reachting my HBD goals. For now playing mostly Golem Overlord (awesome game!). But am considering more options.

So what do you think of this strategy? what additional items would you focus on?

Posted Using InLeo Alpha

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