How are you spending your hbd
inflation has made people change many approaches towards spending and saving, the bearish season is making things worse and recession in many countries makes everything seems like the world is ending. These are hard times and if proper planning is not put in place one might spend all is saving.
many crypto investors that have the power to buy during these hard times will definitely be buying more assets now but we that don't have the money to buy now will stick with our crypto accumulation either by joining lunch pad, blogging, or designing and get paid in crypto but on the hive, accumulation is lucrative.
speaking about accumulation on hive we have different tokens but hbd is the hottest in this period it gives 20% apy and it is not compulsory you buy it you can earn it by posting and by engaging with the community. for some of us that can't afford to buy, the accumulation is the goal and hbd is the target but how do you spend your hbd properly.
how do you spend it
hbd is doing well and is the only stablecoin out there that offers 20% apy and that is why some people are putting it to saving immediately after they receive it and accumulate more but hive which is the main token of this community is below 0.5 cent which is not bad but staking hive gives a great advantage.
using your hbd earrings to buy a hive presently is very lucrative because the all-time high of the hive is 3$ and if someone should buy now and the coin move back to the former all-time high we will be in massive profit. 20& apy for saving hbd is huge and buying hive now is also great but what makes hive totally different is you earn up 12% from curation.
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What about secondary
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We have really good secondary tokens in the hive and you can buy them from hive-engine. The interesting part is that the second token is not doing well now and most of their price are in the pit of hell but I know so many people are already taking this advantage to buy more of this token now because the bull run is just in the cover.
The one I am targeting is leo token and is the leofinance.io token and one of the best communities on the hive, which is selling around 0.06$ at the time of writing this post which is very cheap and makes a lot of sense buying now to buy and we have a couple them which their price is attractive.
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Conclusion
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Immediately the price of a hive dipped from 1$-0.5 we have seen massive conversions from hivers selling their hbd to buy a hive and some secondary token which is a proper thing to do. The decision we make now is very important for our future in this blockchain. There is no best way to spend our hbd because we all know what is best for us.
Thanks for your time.
Posted Using LeoFinance Beta
