Posts

Strategy Change

avatar of @etblink
25
Evan Kotler
@etblink
·
·
0 views
·
1 min read

I am making a strategy change with my financials on Hive. I originally was going to lean primarily onto HBD due to its peg to the dollar the the 20% earnings. Those are two undeniably attractive attributes.

However with Hive prices recently falling, I somewhat impulsively decided to buy more Hive. Call me crazy.

This is the plan I am just starting to put into action.

  1. Purchase Hive and power it all up ( HP earns 3.04% APY)
  2. Delegate HP to @leo.voter ( HP earns 16% APY, paid in LEO)
  3. Sell LEO for HBD and transfer into savings (HBD Savings earns 20% APY)

My thoughts are still to build up HBD, but I think this is a much more effective way of going about it. At first I'll be leaving the HBD interest in savings, but at some point I'll start putting that back in as Hive Power.

I feel like I figured out a cheat code.

Posted Using LeoFinance Beta