Staking Hive Power May be More Profitable than HBD Savings

2 mo
LeoFinance
1 Min Read
208 words

Hive Power may be more profitable than HBD savings. Even HBD Savings presents you 20% APR in stable crypto, Staking Hive Power may be better choice in bearish season.

There are lots of reason I choose staking Hive Power than HBD Savings.

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Bearish Market

I shared lots of technical analysis that say Hive Price may be on the bottom. I am very bullish for Hive price and said Top 3 Reasons Why I am So Bullish for Hive Price

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So, I can get profit by holding in discounted price of Hive Power. Picking up discounted Hive may be better than HBD savings.. Hive has more potential than 20% APR in this price level...

Hive Power Passive Income

Hive Power increases at an APR of approximately 3.03%. It is growing compound.. Hive Power has more potential than 3% APR by only holding..

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Curation Rewards

I can get 9.3% APR by only curation rewards. It is one of passive income ways by Hive Power...

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So, Potential of Hive Price + Staking Hive Power APR + Curation Rewards may be more than 20% APR..

I choose staking Hive Power in bearish season

You?

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How are you getting 9.3 on curation. I can't get higher than 7s

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Not sure what I am doing well but I am getting 9.5% on curation according to Hivestats at the moment.

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By keeping your Voting Mana at 95%-100%, I believe you can achieve higher APR.

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I keep mine at 80% at above. I had always heard that 80 was the bottom for curation

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Good point to consider, as long as there are possibilities of better returns you should go for them, good post.

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Your plan is reasonable. Anybody seeking asymmetric gains would benefit from doing the same.

In my case, I am more interested in fixed income to supplement my salary income. For this reason, I am focusing on HBD savings from my from my paycheck contributions. However, the HIVE I earn is reinvested into my stake.

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👍🏻 I am also converting every HBD I get into Hive since I expect a much better APR there than the 20% for HBD.

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Yes me too. I have a excel spreadsheet and watch my progress also here on PEAKD were I can see my growth in Hive Power. One Year ago I had 18.220 HP now i Have 22.293 HP.

20% of 18.220 = 3644 with would account to 21800 now i have nearly 500 HP more and I also paid out some of the hive when the price was a bit higher. If I have to guess I made about 30% in the last year and HBD would have given me 20%.

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i'm working to get more hive power too! i'm on my way to 10k , this low prices of hive are also helping to achieve that goal

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Add to that the fact that HIVE appreciates in price while HBD is pretty much stable and in one-two years from now, your HIVE stack will be worth much more than a potential HBD one of the same current sizes.

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I quit staking HBD since HIVE was below 0.50$ 😉

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Reading the tile I couldn't figure it out how that can be, but adding the Hive price variable totally makes sense. Now I think both HIVE and HBD serve different purposes: HBD acts as a stablecoin and ensures steady revenue that can help if driving a business or so; Hive provided a good APR of around 10% and has the potential to skyrocket x10.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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hmm.. interesting I used to save almost all my HBD to savings but for almost a month I am converting all my HBD to hive 😅. I have saved around 1200 HBD to savings for the long term and I am planning to save at least 2k after that I am planning to convert all to hive power or maybe liquid hive not sure.
aha you are getting around 46 hp in the last 7 days that are cool and that will surely increase your hive power faster. I do think both are good but that totally depends upon the situation.

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2 mo

Bu aslında ne kadar süre için yatırım yapmaya bağlı. Bir sonraki boğa sezonunun hedefi olan biri bence şu an hbd alıp 2024te hive powere dönmeli.

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Two different types of investments so comparing them isnt exactly accurate.

$HIVE has the speculation component which could be massively profitable.  With HBD, we bank on stability turning to a fixed return.  The former does have the advantage of 3% on staking plus the curation so there is the active component to it.

So it all depends upon the individual and his/her risk tolerance and goals.



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