RE: My Hive Goals for 2023 Week #11

This is interesting:

In a way, I heard that 60 HBD translates to about 1 HBD per month …

This is 5 dollars per 300 HBD Or 50 dollars for 3000 HBD Or 500 dollars for 30,000 HBD If I can borrow 30k with negotiate a less then an 500$ payment on the loan, I can make a profit, and pay the loan. And once it’s paid, the HBD would be all profit. The tricky part is the taxes.

Interesting.

But of course 20% is not guaranteed. But if the interest rate changes and makes it unprofitable, I can withdrawal the HBD and pay off the loan.

I could even rinse and repeat as long as I clear the monthly payment I can scale indefinitely.

I can even list the HBD aOn my asset and liabilities sheet, which makes my position stronger, as the assets grow each month, and the liabilities shrink.

If only I could borrow this from MakerDao and not lose so much on transaction and transfer fees…

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