My buy back strategy for hbd
Ever since hbd apy has been increased to 20%, as an investor I have been looking for a way to maximize this opportunity and go all in to grow my portfolio because I know it is one In a life time opportunity that doesn’t show up everyday.
As a crypto investor I know nothing is certain and saving some of my hard earn money in stables like Hbd that has been around for a long term is the best thing to do. I have come up with a buy back strategy that let me focus more on this community by growing my portfolio gradually.
Buy back strategy.
As a crypto trader, having a strategy that works perfectly is a blessing. The returns might not be much compare to other people but when you understand how compounding can change your life you won’t joke with that small money you earn on every successful trades.
The strategy is just buy Hbd and use the monthly interest payout to buy hive. Hbd payout it interest monthly, I know daily would have been better but I know this is there for a reason and a monthly wait is not much.
Advantage.
Nothing is certain in crypto and whether a coin is going up or down is not certain, that is why some stable in your portfolio is never a bad idea. Even though you might miss out on some crazy profit but also save you in some bear market and also makes you buy more during crazy bear market.
The second advantage is that you are investing at your our own convenience, no pressure. You are investing with only the interest on your savings which will give you no headache and even if the market is going down you will be still be ok.
Phbd on polycub
Phbd is a better way to save your hbd with apy promised to always be above 30% and as at now the APY is around 50% the last time I checked. This is huge for anybody willing to save and invest at the same time. This is a life changing money and great opportunity to build something for ourselves.
All you have to do is to provide LP on polycub and for more information you can click here. I already have like 5k hbd in my account in savings and the main reason why is not in poly yet is that I want to get a hardware wallet.
Defi is a risky place without proper security and I’m following @belemo step to get a hardware wallet and until then my money will still be in savings.
Thanks for your time.
Posted Using LeoFinance Beta
Good strategy. I'm thinking about investing in both HIVE and HBD myself. Couple of days ago I wrote an article about stable coin strategies so if you are interested, check it out. Although they are not in Hive I believe that spreading assets in different locations might be a good thing if you consider unlocking periods for example.
This is the easiest way to buy to invest in hbd and hive at the same time without much headaches..
Posted Using LeoFinance Beta
It is worth to mention that pHBD is more riskier than HBD. This is why it has higher interest rate. Everyone should do their own research, and risk only what they can afford to lose.
The only risk I see with Phbd is security issues and apart from that I don’t see any other thing. No risk no reward. Hbd itself is also risky
Posted Using LeoFinance Beta
We can't underestimate the power of compounding, am seeing what it can do here it only requires being patient and the effect will kick in daily.
Do you mean, buy Hive from earned interest on HBD? Do you power up the Hive or trade?
Posted Using LeoFinance Beta
I will power up every month and I will be doing this for a very long time.
Posted Using LeoFinance Beta
Same here bro, the goal is to keep growing my HP.
Posted Using LeoFinance Beta
That’s the goal always
Posted Using LeoFinance Beta
Lets keep at it bro, the future looks promising on here
Posted Using LeoFinance Beta
I love the HBD buyback idea, helps you invest without using your own money, but your profit instead.
Stables will be beneficial to every user, either you are active or not, you can easily hop in and start earning for saving your money. The 3 days waiting period is even helpful for any emergency.
Posted Using LeoFinance Beta
That’s the idea, investing made easy by buying hbd and putting it in a pool or into the savings.
Posted Using LeoFinance Beta
Yes, the choice is ours, we can also go for both if you have the resources.
Posted Using LeoFinance Beta
That’s true, everything still reside with money
Posted Using LeoFinance Beta
I think the Hive savings is a good choice and I don't think I will be entering the PolyCUB pool anytime soon. In a way, I want to wait and see what happens after the emission rates are halved because it means that there needs to be some rebalancing to see the new APR.
Posted Using LeoFinance Beta
That’s very good, we will know the true value of polycub after the emissions and I believe polycub is great
Posted Using LeoFinance Beta
I like this scheme man. I'm doing something similar with Splinterlands assets.
Posted Using LeoFinance Beta
I would love to know that though my splinterland asset is not much but is not bad also
Posted Using LeoFinance Beta
https://twitter.com/BreezeDwayne/status/1516917786030788609
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