Status of My xPolyCUB Staking & What should I do with my HDB in Savings?

in #hive-1679223 years ago

Hey All,

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My stake on xPolyCUB staking pool is growing steadily. The current state is that I have close to 1.5K+ xPolyCUB staked which account to 0.84% share in the pool. As you can see from the above image the total worth is close to $9.5K+ which at one point was $15K+. Though, I have more xPolyCUB staked but due to the price of PolyCUB trading at its all time lows has caused my portfolio to decline a couple of thousand of dollars. But that is not the point that I wanted to make/emphasize in this post.

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The main point is that, I still continue to invest in PolyCUB and have been staking all of them in xPolyCUB staking pool. If, I compare my status of xPolyCUB to last week then there is an increase of close to 20 xPolyCUB in the pool. And I still have the todays AirDrop to be claimed and then staked. So, overall my stake in xPolyCUB continues to grow slowly and steadily. I want to get to a point, where I have 2K+ xPolyCUB staked and take most of the advantage of all the mechanics linked to xPolyCUB staking like, bonding, collateral, early penalty, $pHBD - $HBD pools fees and others. Therefore, I am not going any where and will continue to invest in the PolyCUB platform... so whats Next?

What should I do with my HDB in Savings?

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I am bit confused here and don't know whether I should be moving my funds which is almost touching $12K+ in HBD saving on HIVE Blockchain. The sole purpose that I started accumulating HBD was to have in the HBD savings only and don't try to mess around with these funds.. that's the honest answer. While, I started accumulating HBD in savings - I said to myself this would be like my contingency/emergency fund at first place and secondly the plan was that if HIVE in future nose dives then these HBD funds would be used to achieve my GOAL of 100K+ HIVE POWER..

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With introduction of HBD to Polygon network, I am tempted to break all my rules and move my funds to the $PHBD - USD farm on PolyCUB and take advantages to > 60+% APR. The only point so far not to having the HBD moved is that do I break my principle/rules that I had set for myself to achieve the set GOALs. Or just follow and take advantage of what is being given out here on the PolyCUB farm for $PHBD - $USD pool. I guess, it will take some time for me to digest and break my rules. And before, I do that I will need to relook at my finances and take a final call as to whether I should be moving my HBD saving funds over to Polygong or not.....No doubt there are better returns.. but the point is do I breaky my rules or not and be consistent with what I had planned and dont change it any further and stick to what I had planned.

Break Rules or Not... Being Consistent Can Cost You...

Image Credits:: polycub, peakd, leofinance

Best Regards

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Posted Using LeoFinance Beta

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Being a person with lots of financial principles, I can boldly say I can relate. But in my opinion pHBD-USDC are stable coins, so the risk of impermanent loss is less than 1%. You still have half your HBD, and half the value in a different stablecoin USDC. But if you are still skeptical, you can consider just taking half from HBD savings. So you can have a restful mind. This is how I operate when I get stuck in a dilemma.
Remember, Not a Financial Advise