Staking and earning is the key to accumulating and growing your crypto bags especially when combining the power of compound interest.
I think most of us view the APR for Hive stake powered up known as HP at 3% because it fluctuates under and over the 3% mark with so calling it 3% makes sense. Currently the APR is at 2.94% and have seen it recently as low as 2.83% so it is bouncing back. If you view the APR as a bonus then this fluctuating APR is all swings and roundabouts. Not that long ago we were in the 3.2% range so it does even out over a period of time to around 3%.
The aim this cycle or next cycle was to have 600K HBD mainly as the APR back then was 20% and 20% of 600K is 120K or 10K monthly. Obviously things change and nothing is guaranteed or remains constant so the APR being adjusted down to 15% would mean that target now needs to be 800K HBD to achieve the same results. All this has done is delayed the end target being achieved and the mindset remains the same which is one of growth.
The targets do not need to change and all you have to do is to adjust your timelines. Earning 15% or 20% is still regarded as very good and why it is worth achieving. The targets are obviously reliant on how well Hive does in the Bull cycle but see no reason why this target cannot be achieved either this time or during the next cycle.
Stake is what is important and what allows you to unlock future wealth along with a passive income stream. $10K monthly sounds like a lot, but not really as times change. When I was growing up having $1 million meant you were rich and we know $1 million is considered nothing today. In some parts around the world that is now a down payment on a property and why we need much much more. The same way I see $10K as that is the starting point and the challenge is to see how much that can be grown.
When I look at other crypto projects that I would consider decent and sustainable they do not have anything close to having a 15% return. I think even if HBD dropped down to 10% or 12% in the future this is still a very good deal and we just need to work on increasing our stake. There are no other crypto projects around that have what Hive offers with the ability to earn and grow the way we can.
Posted Using InLeo Alpha
