HiveCoffee update - October 8 2021

in #leofinance2 years ago (edited)


I haven't been streaming much lately because I have been occupied with other things, and I am only one man, drinking coffee to start his day. There is so much to do, and streaming for no reason seems pointless. There have been some exciting things happening lately though, so it is worth mentioning a few things that have been on my mind when it comes to Hive.

100CADLEOa.png
(333 LEO = $101 approx)

$1+ Hive on October 5th 2021

This week, Hive flipped HBD for the first time ever. It was short lived, but a milestone neverless. This leaves me optimistic about $5 and $10 Hive in the future, as demand for Hive Power grows with ongoing new user adoption. The chance to buy HIVE under $1 is closing fast, but we can hope to have a little more time for accumulation. Feels silly selling Hive for $0.75 when its $0.853 eh?

LEO is extremely undervalued.

You can buy 1000 Leo for just 283.85133 HIVE or 246.081 USD. LeoFinance has a secret weapon, and its not their front end which looks great and is the perfect place to read up on markets and finance. Their secret weapon is the LeoBridge, which most users are still unaware of. You can move assets from ETH to Hive to BSC using this secret weapon. Did you know that you can swap between LEO and bLEO using https://wleo.io/bsc ? You can do it right now, its super easy as long as you follow the instructions. I now see other chains doing this and marketing it as something unique.

HBD holding around 0.957 USD (1.17 CAD)

It is now much more attractive to hold and save HBD now that we can earn 10% in savings. Even though it is slightly less than 1 USD, it is still more than the value of a Canadian Loonie. There are no savings accounts where you will earn close to 10% and being able to swap for HIVE in just 3 days makes it great for trading. Any funds you want to be able to access quickly should be held in HBD savings rather than Hive Power. If you want vesting shares, 13 weeks is a perfect amount of time to lock it up. If you want to be able to "cash out quick" then you forfeit the voting power and can earn 10% in HBD savings vs 3% as vested Hive. If you haven't started accumulating HBD, start now!



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I have never cashed out any HBD that I can remember. How long does it take for it to be withdrawn from savings?

Only 3 days! Super quick compared to 13 weeks at 1/13 a week.

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