Today I transferred $62 HBD to savings.
I received $22 HBD interest for this month.
Currently I have $1865.77 HBD in savings.
I focus mostly on the long term perspective of this investment.
But of course good to see the month to month interest progress too.
I invest in Hive Dollars (HBD) savings mainly to build passive income for long term (for years, for decades) to get out of deep poverty.
I have a detailed Hive Dollars (HBD) savings investment plan for this year:
My Hive Dollars (HBD) savings investment plan for this year (2025.01.25)
My Hive Dollars (HBD) savings goal (having at least $1433.10 HBD in savings before the end of September) is already completed for this month.
Currently my plan is to build both my Hive Power and my Hive Dollars (HBD) savings too for long term (for years, for decades) mainly to build passive income.
I wish successful investing to everyone.
Great progress! Keep stacking!
Nowadays I regularly buy Hive and Hive Dollars (HBD), and I invest them for long term (for years, for decades).
Are you getting the HBD you save from post rewards or do you actively buy HBD as well?
Great progress in any case!
Nowadays I regularly buy Hive, and then I sell it for Hive Dollars (HBD).
Mostly I earn cents with my Hive posts, no matter what I post, so posting for rewards is not really worth it.
And the number of the real comments usually also low on this platform.
I decided to post mostly for myself months ago.
I spend very little time online.
Nowadays mostly I document my investments on the Hive blockchain.
Investing is worth it.
I use the Bitnovo, Bitsa wallets, and the StealthEX and SimpleSwap cryptocurrency exchanges.
Mostly I buy Litecoin (LTC) on Bitnovo by paying with my virtual Bitsa Visa card, and then I sell the Litecoin (LTC) for Hive either on StealthEX or SimpleSwap, and then I sell the Hive for Hive Dollars (HBD).
Currently I do not know any cryptocurrency exchange, which would support the direct buying of Hive Dollars (HBD).
Yeah there's only Upbit, and that's not available outside of some Asian countries.
nice to see you already cleared the 1433.10 HBD target for September way ahead of time.
That kind of steady push makes the long game feel doable, and and seeing it stack is motivating.
With 1865.77 HBD sitting in savings, the compouding will keep nudging the snowball forward.
Your plan reads like a slow cooker recipe, just let it simmer and it pays off.
The snowball effect with the compound interest is depending on the interest rate of the Hive Dollars (HBD) savings.
Earlier (years ago) it was 20% APR.
Nowadays it is 15% APR.
Hopefully it will remain in this range (or at least close to it) for long term (for years, for decades).
yeah, 15 keeps the snowball rolling, even if slower than 20. The key is steady deposits and and letting the compunding do its thing over time, while Hive Power adds a buffer if rates drift. I like that you stay long term whatever the swings. Do you tweak monthly targets when APR moves?
This depends on how big is the APR move, and on other investment opportunities too.
For example if the interest rate of the Hive Dollars (HBD) savings will go below 7% APR, then probably I will consider investing mostly in another assets, which offers better APR.
Otherwise I invest what I can, and I am already trying to diversify my portfolio.
For example I started to delegate Hive Power to Leo Voter in the recent past, and Leo Voter currently offers 12% APR by default, and +4% APR (16% APR in total), if I choose the payout in staked LEO, instead of liquid LEO.
This is already better than the interest rate of the Hive Dollars (HBD).
And I look for investments with lower interest rates too (outside of the cryptocurrency related investments).
I started to invest in stocks too in the recent past.
I invest money to get out of deep poverty, and to build passive income for long term (for years, for decades).
smart, you’ve got clear rules for moving capital and that keeps emotions out. That 12 percent default and and 16 percent with staked LEO look solid, just balance it against LEO volatility and cashflow needs so your porftolio stays steady. Keeping HBD until it meaningfully underperforms your hurdle rate while adding stocks feels like a clean path for long term compounding, and I love the focus on building steady passive income.