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steemstreems
@steemstreems
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2 min read

Ha! You are probably right because whenever I feel convicted to do something, it is often the wrong thing or the right thing at the wrong time.

Having said that I have a few reasons besides the crytpo "downturn" for doing so.

  1. I wiped out LEO and HIVE to get my largish positions in CUB and PolyCUB -- I want them back

  2. Did I mention I have a large position in PolyCUB/CUB :-) I am overweighted from a risk aspect -- pretty severely. I do believe that PolyCUB especially is a strong win-win bet, but I am feeling a little overextended. All said and done I could get rich off of PolyCUB if it moons, but I could make my way with hard work on LEO/HIVE if defi goes toes up (I honestly don't think it will happen but like i said getting security feels). Haha. Oh yeah I am also heavy into psyberx :-)

  3. Due to several things going on in my work/home life, I am feeling a strong need to have liquid savings to live off of if needed. Don't know that I will need them, but I have never felt more that that is a possibility in a long while.

And yes, you are right about interest. I see pHBD-USDC for example as a relatively liquid yet eye-popping interest bearing account well suited for savings.

I do think that interest on that pool will go down inevitably. Either the witnesses will drop interest on HBD someday, pHBD pool will drop interest say when some whale comes along and moons their own coin by vote, or both. In any case the interest will probably still be better than a bank or most stocks, so I feel it is a good place to have rainy day money set aside (great since I am focusing on rainy day -- at least until I'm not).

Blah, blah blah. Mostly I just want to diversify to multiple streams. Not feeling as froggy as I have the last year. I may be saying shoulda, coulda, woulda, in six months, but it won't be the first or last time :-)

I do not plan to touch the stack I already have in CUB/pCUB, just redeploy the earnings for a while into something more conservative (can't believe I am calling 20%+ conservative, but I am).

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