Let me let you in on a little secrete, how HBD Saving out preform most investments with the same capital involved. Are you curious enough?
Ok, guys little me just spill the tea, I recently did an investment recent which I would not mention the name of the investment because am not so proud about the out of the investment but it involves you going something to earn some monetary reward but it turned out it was not worth it after all, while I did not lose much on this investment on like some other people did, but this post is not about what they lost but about how Hive Backed Dollar (HBD) Savings would have paid them much better and they would not have to do anything or even lift a finger to earn rewards, all they would have just done is to first get a Hive account, then buy some certain amount of HIVE on Binance and then send it to Hive to be converted to HBD and sent into HBD Savings and they a good.
HBD Savings VS Some Investments With The Same Amount Of Capital
A guy I made friends with on the discord group of this investment complained bitterly and lost his family because of this investment, his family did not die by the way they just left him because believe in the investment so much that he put in all their life savings into it, so he and his family would make more profit, his heart was in the right place but the investment was the wrong fit and the investment still flopped to make matters worse.
He invested about $200k plus into this investment and his reward was supposed to be $80 to $90 every day which is about $2,790 max profit in a month but it comes with a lot of extra effort and mad power, but as the investment flopped he started earning $7 to $10 daily which is about $360 monthly you can see the huge difference from $2,790 to $300 monthly which means he earns $2,490 less every month now.
But if he had invested or put the money into HBD Savings $200k multiplied by 0.2 (20% APR) will give you $40k at the end of the year, $40k divided by 12 months in a year will give him $3,333.3 monthly and daily he will make $111.1 and he would have been making this cool reward without doing anything and the beautiful thing about HBD savings is that it auto compounds. So before the year ends the value of his money will increase.
THANKS GUYS FOR READING MY POST.
PLEASE FOLLOW ME ON:
Discord: onwugbenuvictor#3447
Twitter: @VictorOnwugbenu
Posted Using LeoFinance Beta
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What is the risk?
On if hive crashes, which I don't see happening.
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