Hi fellow Hiveians,

Today I wanted to talk about the unique situation we are in with HBD and how I should proceed!

HBD Strategy Conundrum

Now that post scheduling is actually working on the Leo front end.. I can get to some finance related topics I've been saving for quite some time LOL

I am one to prefer to do things my way if it's efficient. That doesn't always translate into the best possible scenarios but it's something I've grown to enjoy. Post scheduling is absolutely one of those scenarios that I far prefer that to writing something and posting it at the time I am finished. Because my writing schedule is so sporadic, I have to do it that way, so it's a give-and-take situation. If I don't get what I want, I am not going to spend additional time in the environment until my criteria is met. With posting on Leo, that is definitely the situation!

The specific thing I was going to write about today, now that the above was cleared up, was now that the Hive price seems to have gotten into the positive territory - when do I start saving HBD again?! That's the pickle that I am in at the moment.

I have grown accustomed to the depressed price of Hive which then equates to higher ratios of HBD to Hive when I go to sell the stuff. This has been a wonderful way that I've been able to grow my account pretty steadily over the past several months since we bottomed out at around .16$. I was really enjoying swapping a bunch of HBD and getting a shitload of Hive at those sweet prices. Not everybody was of that mindset though, and those are mostly the mooches who are constantly draining their hive bags.

With the consistent price at around .27$ now, the question I am now considering: when should I set a price limit to go back to saving HBD in savings again?

I am torn on that front for sure. I want to save HBD for the juicy 15% APR it offers, but at the same time I also really want to grow my Hive Power stake quite substantially. I could certainly invest some dollars into the ecosystem but I've done that several times in the past. With the removal of Blocktrades from the US markets, at least at the moment, that's not the best option for me right now. I know it may seem selfish or foolish but that's a decision I've made for various reasons.

That comes down to the choice: save HBD more regularly or keep selling all of it in favor of Hive? At the moment I am fully on the Hive side, because Hive Power increases have greatly benefitted me in terms of account growth, which helps lead to further account growth. At the same time though, I don't want to be all-in on one particular asset due to the volatility of that type of thing.

I am thinking that perhaps around a consistent price of .40, maybe .45 I will start to save HBD again periodically. I will still be selling most of my HBD for Hive at those prices, but I will also make an effort to save 1 or 2 HBD a month, maybe a little bit more, how I was doing it this time last year before the price really tanked and it was far more attractive to start stacking Hive instead of HBD.

This is a good balance to have - when I saved HBD like that it didn't impact my Hive Power accumulation too much but when it came time to Hive shitting the bed and hitting low prices like .20 and below, it really came in handy to have a hundred or more HBD waiting to be cashed out. I ended up scoring about 1,500 Hive when I got rid of all my HBD which was an amazing bit of growth. I certainly wouldn't be opposed to Hive continuing to go up in value, but at the same time I also wouldn't be too opposed to it staying where it is now so that I can continue to accumulate Hive Power at some decent rates!

I know @ekavieka is toying with the idea of what to do with his HBD and Hive Power right now, just as I am :D

What about you, what are your plans with Hive Power and HBD now that we have some added price action? Let me know in the comments!

^-CmplXty. _{Real human written content, never AI. All pictures are mine unless otherwise stated}

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