Strategy Change

etblink in #hive-167922 • 2 years ago

I am making a strategy change with my financials on Hive. I originally was going to lean primarily onto HBD due to its peg to the dollar the the 20% earnings. Those are two undeniably attractive attributes.

However with Hive prices recently falling, I somewhat impulsively decided to buy more Hive. Call me crazy.

Strategy Change

This is the plan I am just starting to put into action.

Purchase Hive and power it all up ( HP earns 3.04% APY)
Delegate HP to @leo.voter ( HP earns 16% APY, paid in LEO)
Sell LEO for HBD and transfer into savings (HBD Savings earns 20% APY)

My thoughts are still to build up HBD, but I think this is a much more effective way of going about it. At first I'll be leaving the HBD interest in savings, but at some point I'll start putting that back in as Hive Power.

I feel like I figured out a cheat code.

Posted Using LeoFinance ^Beta

#pob #ctp #sloth #leofinance

2 years ago in #hive-167922 by etblink

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arcange 2 years ago

Dear @etblink,
May I ask you to review and support the new HiveSQL Proposal so we can keep it free to use for the community?
You can do it on Peakd, ecency, Hive.blog or using HiveSigner

Thank you!

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cryptothesis 2 years ago

My strategy is to hit my target for LEO first before building my Hive account. Because it's like a second engine that grows my overall account. My thinking is that if Hive moons, LEO would jump even more. After all substantially more new money and new users, which is what is needed to fundamentally increase Hive prices would bring in new crypto users would find Leo Finance valuable.

!PIZZA

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1 vote

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etblink 2 years ago

Interesting you should say this, I was actually rethinking my own strat again. Instead of getting HBD at this time, I will 50/50 my LEO rewards. Leaving 50% as LEO and converting 50% into HP. Then each month increase my leo.voter delegation.

Posted Using LeoFinance ^Beta

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1 vote

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hivebuzz 2 years ago

Congratulations @etblink! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You distributed more than 600 upvotes.
Your next target is to reach 700 upvotes.

_{You can view your badges on your board and compare yourself to others in the Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

To support your work, I also upvoted your post!

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pizzabot 2 years ago

🍕 PIZZA !

I gifted $PIZZA slices here:
@cryptothesis_(2/15) tipped @etblink (x1)

_{Please vote for pizza.witness!}

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