My goal has been a minimum of 10% of my HP in hbd savings. The interest has helped to boost me a bit to keep me ahead of my HP.
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My goal has been a minimum of 10% of my HP in hbd savings. The interest has helped to boost me a bit to keep me ahead of my HP.
The 20% can’t last. Not with this artificially peg that’s not holding at all. All the bumps back toward .99 cents are artificial. Which pushes Hive down to do so. It’s spending 70% of time below .95 cents. Be carful guys. I love this place and Hive is a important part of my life. But I think the switch in focus for many from Hive to HBD and promoting it as a sure thing for 20% Interest with little risk will end badly. I wish we’d fork it outta existence. At least not have this push to expend HBD as it’s own thing on exchanges, it would be terrible. I unfortunately will be right about this. It’s just math. Just be carful guys. The 20% Interest HBD story won’t end well. I don’t see it as a roof to survival of our platform but I will set us back. HBD currently being usher hard by many to get picked up outside here on exchanges. That would be terrible. Hive yes , that would be great but HBD rate isn’t safe at all, at least not staying with any kind of fake peg.
I'm sure it won't last but have to take advantage of it while it is here. As a means to potentially draw in more crypto people I can see it being useful to have the 20% but long run I am sure it will likely bite us. I have to say I am comfortable watching the HBD value holding pretty close, there are far too many that fully break their pegs so +/- a couple percent seems pretty good if it can maintain it through this downturn.