Escaping plebdom be like

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The other day I was thinking about how much money ( i.e. HBD ) I would be having in savings if I would keep posting at the current rate and nothing would change much. Of course this is a "best case scenario" type of simulation because in crypto land shit can hit the fan real quick and yesterday's calculation might prove totally unrealistic today. That being said I still wanted to see what the final amount would look like. So I found an online interest calculator and set the starting principal to $500 ( I'll soon be having 500 HBD on my alt account ), the interest to 20% and the annual contribution to $200 ( or a little under 4 bucks per week - a realistic expectation for a pleb I would say ). I chose an interest calculator because the APR ones are used for bank loans and stuff and that doesn't apply here.

So after all that being said and done I would end up with the huge sum of ... $3000. Not exactly earth shattering stuff, and nowhere near financial independence but at least I know in what league I would be playing.

So while that 20% APR is super nice and all, I still think that the best use of my HBD long term is to buy Hive on the cheap. That way I might have a chance of not remaining a pleb :)



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10 comments
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Thinknof it in this way .... will in 4 to 5 year the hive you are buying today will be worth more then X2? If the answer is yes, then it is better to buy hive but be ready to wait for the right price :)

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(Edited)

Even if it remains around the $1 or $2 level I aim at buying Hive around 30 or 20 cent so I'm gonna be fine either way :P My point was that it's gonna be more worth it to buy Hive with those HBD when the price is right than just hoard it indefinitely. Of course that's my strategy, for whales or big players it doesn't apply

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Why am I not in the audience? xD

!1UP

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because you're a pleb like myself :)))

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!1UP resending because it looks like the bot hasn't arrived yet!

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thanks for your diligence :)

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