I use Hive, don't really hold it. I mean I have my Hive Power, but I have to use it for resource credits for my projects to run. Other than that, I trade it up and send it out to LTC which has become more of my checking account. Bitcoin is savings because I don't like to pay to move it around that much, lol.
I feel Hive has a great use case and doesn't fall into the shitcoin category. Can't say the same about 95% of the projects out there.
Ah well, I guess I'm just the stupid one for holding it then 😂
I don't think you are stupid... lol. I love Hive, I just am in a different position than most in that this is my full time business and I have to use the stuff...
Interesting concept Litecoin is your checking account.
Please elaborate on the pros and cons.
I remember it having cheaper fees then bitcoin
But I never thought of it as a stable coin replacement.
I would love to learn more.
Pros are super cheap fees and really just as much security as using BTC. I know the hash rate isn't as much, but it hasn't been hacked since inception. I can use it to either buy gift cards for pretty much everything I need, or I will send it to Robinhood to sell it and use on my debit card, which the round ups for my purchases go into my BTC savings. I can also use it to buy silver or gold from Apmex or JM Bullion, then if I need fiat, I can sell that to a local shop.
Also it now has privacy features on the core wallet, so when I my node computer set back up I will have MimbleWimble privacy protection. To me LTC is more of what BTC was supposed to be.
Cons: Well, I haven't found any. 1 LTC = 1 LTC. I earn Hive or HBD and turn it into LTC. Don't care about the dollar value like most grifters in this space. I feel more comfortable having my money in LTC vs the dollar. There are only going to be 84 million, so having 4 LTC is the same ratio supply wise as having 1 BTC. Sure there is some movement when it comes to the dollar value, but if you know how to trade and watch for good supply and demand zones, well, you can trade out at a decent value when you need to.
Thank you.
I learned some very useful information.
Awesome! Glad I could help!
ETH passive staking income or USDT USDC passive interest ;) orrrr HBD 20% APR which is still nutz in my opinion lol
I don't touch anything on ETH. I'll use HBD for some interest savings here and there. But I don't really have the resources right now to just let stuff sit around. I have to use it and trade up or buy stuff for the farm.