If price of Hive goes low enough, it might be the time to convert HBD to Hive or HP.
No reason wait at this point. I made up my mind and was ready to get rid of Hive Dollars, for now.
I bought Hive with all of my Hive Dollars, and managed to power up 41k+ HP. That is probably the biggest power up I have ever done.
I got your logic. I wonder why I did not see that.
I have come to a conclusion that Hive price will appreciate in value within a year.
I can wait even more than a year or two.
If this logic plays out Hive may appreciate in value faster than expected, and definitely beat the 20% APR HBD would return.
Yes, that's true!
I don't think I need 100k HP. That is probably the max one person should have.
But you already have 140k.
I will follow your strategy. I am close to that 90/10 ratio now. However, I need to wait 9 days more: 6 days so I can get that close to 7 HBD as my 20% APR plus a 3-day waiting period to withdraw HBD. I just wish that HIVE would stay at its current price or would dive even lower. That would be a great bargain for me. If this happens, I think in 10 days, I can be a Dolphin. Thanks!
When I had 60k Hive, I thought that was enough. Then as it kept growing, my goal became 100k HP. Current HP is temporary. I will move back to HBD at some point.
My point was that as HP keeps getting more widely distributed, it gets more decentralized and stronger. If Hive were to get tens of millions of participants, stakeholders would consider selling their stakes at decent prices, and having 100k+ HP would be rare.
Thanks for the clarification. I don't need to wait 6 days to withdraw my HBD to get the 6.428 HBD interest. In 3 days, I can hit my Dolphin goal. Thanks!
Congrats!