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RE: Thoughts on the suggestion to decrease HBD APR.

in LeoFinance2 years ago (edited)

you misunderstand me

because if the hive doubles the price, it is almost 5 years of 20% of the APR of the HBD.

I wanted to say, if the HIVE go up and go to 60 cents, it's almost the same thing as leaving it in savings for 5 years with 20% APR

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If 1 HBD at 20% APR will generate 0.2$ yearly
and 1 Hive at 0.6$ averages around 10% APR, that just means 0.06$.
If you have 2 Hive at 10% APR and valued at 0.6$ that's still 0.12$ yearly

it's almost the same thing as leaving it in savings for 5 years with 20% APR

Now why would you park your capital on something as volatile as Hive when you can generate that in a shorter period of time and even more if within the same period of time as leaving it as HBD? Is there something I missed here or I missed the mark again?