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This post is not financial advice. I am doing this experiment for fun. Some errors may be made. If you see any errors, please let me know.
For the duration of this experiment the HIVE value of the HSBI tokens is set 0.49 even if the actual buy price is slightly over or under.
The following stats are for 2 weeks as I did not do this last week
Curation rewards : 0.797
Starting HSBIDAO token balance:
687.568
Current HSBIDAO: 689.668
689.668-687.568= 2.1 x.49 =1.029 HP equivalent
HSBIDAO is the clear winner for this 2 week time frame.
Not only did HSBIDAO beat curation the past two weeks but also pulled ahead for the 4 week duration as well.
So far curation has only beat HSBIDAO one week and that was by a very slim margin.
It will be interesting to see if this trend continues.
In that past two weeks I received 2.072 in author rewards . So I purchased 4.22 HSBIDAO to represent that HP equivalent. It's the best way I know to keep these balances equal.
Do you think this trend will continue or will curation rewards pull ahead? I guess we will find out next week.
New starting HSBIDAO balance: 693.888
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Interesting stuff...at some point I will make time to take a closer look at this curation strategy.
!LOLZ
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I see that there is a trend but I have no idea if it will continue. May the force be with you! :)
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That's so interesting, though not entirely surprising, since I've also noticed a fair drop in curation rewards, which I think came from the last hard fork. I may take a closer look at HSBIDAO. Happy New Year! 😁🙏💚✨🤙
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I've noticed that too with my other accounts, curation rewards going down a bit. HSBIDAO is essentially curation payouts but they have a lot more HP as well as a sustainably set up system and I think that matters. I expect the earnings to fluctuate but for now it seems HSBIDAO is earning faster than traditional HSBI voting units. I expect an equilibrium at some point. In my opinion HSBIDAO is a great source of passive income for folks who don't post often. !PIZZA
I really appreciate the information about HSBIDAO, and you're very right about a sustainably-set-up system mattering. That's exactly what I've been working to build and grow on my own account, and for the We Are Alive Tribe. I'm extremely consistent with publishing posts, and I have been for more than 3 years now, with 1-3 posts every day, so would acquiring HSBIDAO provide benefit for an account like mine? I don't know it's mechanics yet, but I plan to look into it more closely shortly. Thanks a lot for your very helpful reply. 😁🙏💚✨🤙
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It could be. It's passive earnings, you don't need to post to earn from the tokens. There is a permanent buywall 0.475 per token, but usually people have buy orders slightly over that, at least that's what it is now but they are guaranteed to be bought back at that 0.475 price. That really helps. It's kind of like having swap.hive in a savings account in a way because if you can always sell them then you can get liquid swap.hive anytime you want. That's how I see it anyway. If you were to treat it as a savings account my suggestion would be to keep the tokens for at least 3-4 months before selling them back so they have time to earn divs . This also depends on what price you paid for the tokens, what you can sell them for and if you simply converted old HSBI units. No one wants to sell at a loss. :) I do a sort of hybrid strategy with my other accounts. I have both the traditional HSBI units and I convert some to the tokens, again after at least 3-4 months to build the balance a bit first. On this account I have been buying them for the experiment but some of the starting balance came from converting HSBI from my other accounts. !PIZZA
OK, that's very useful useful information indeed, thank you again. I do think that I'll invest in getting a hold of some, to do some experiments of my own. It does sound like it could be quite profitable if done correctly. I tend to let assets grow for a good long time before making use of them, so I'm curious to see the mechanics of HSBIDAO. Happy New Year, my friend! 😁🙏💚✨🤙
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!BBH
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!PIZZA
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LOHtokens.@tydynrain, you successfully shared 0.1000 LOH with @glittertoken and you earned 0.1000 LOH as tips. (3/5 calls)
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