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Stability over fluctuation.

avatar of @niallon11
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@niallon11
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3 min read

I don't know about the rest of you but 12% is a decent return by any measure. Maybe not crazy DEFI returns but safe profits.

I only noticed that the rate has gone up today but I have been making an effort to put my HBD into savings for the past few months. Ever since it started paying out 10%.

My experience of the last bull run left it's mark and while i do love the idea of hitting 5/7/10 dollar Hive. I already have stake and will be happy with the amount that i have if we ever see those prices.

I also remember the pain of dropping from $7 down to 0.12 cents. That was a painful lesson but one that is well remembered. That hard ones always are.

Don't be afraid to sell some profits and don't be afraid to cover your bets. If you already have a ticket in your hand that could win you a lot of money, why not back the other side and guarantee a win.

We have often had bet skips that came down to the final round of an accumulator and if it won could earn thousands from a $10 bet. What is the hard in putting a thousand on the opposite side and guaranteeing a profit of either (1 thousand or 10 thousand) rather than letting t ride and hoping for a profit of 11 thousand.

That is covering the bet and what i'm trying to do with HBD. If hive pumps i will be happy with the results and wont miss out by saving a few thousand HBD. But if it falls back down and everything is in Hive i will feel the pain. However by keeping a few thousand in HBD i will have a winner either way and be able to buy back a lot more hive for the future.

We all hope that it will. There are lots of positive moves happening on the chain and we are expanding rapidly every month. All of the signs are that hive is going to play a big role in blockchain going forward.

With that said we know that price doesn't reflect value better than most. We are currently sitting at a very good level compared to the previous months.

We are very dependent on the cryptocurrency markets as a whole and this will probably not change for years to come.

Bitcoin up, markets green

Bitcoin down, total bloodbath.

I don't think that we will ever see the lows of 2018 again as there is so much more interest and development across the industry. Too many big players are happy to buy the dip and this stabilizes the whole system.

We can still hit a harsh bear market but i think that it will be shorter and gentler than the ones we have seen before this.

It's a dangerous game but we all know this already and have made the choice to ride the waves for years to come. It's easier to do when we have things to focus on like building and stacking hive.

It's no hard to have HBD as a solid backup against the bear market and the dream would be to someday have 500,000 in savings that would pay out a string living wage every year. It could take a long time to get there but we have years to keep adding to the pile and let it accumulate the interest.

I will keep it simple and whatever gets payed out in HBD goes straight into savings as HBD.

This way my Hive power keeps stacking up while my savings keep growing.

The best of both worlds.

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