Where Do You Focus...HP, HBD Or Both?

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I love the Hive blockchain!

In other news...Water is wet!

I know that might come as a surprise to many of you reading that bold statement about my love for this blockchain but follow me here for a few :)

When I first joined the chain and understood how the tokens interact and benefit from each other, it blew my mind.

A content creator / entrepreneur can develop a following here, by producing great content. They are rewarded for said content and get a payment in 7 days that includes two glorious tokens...

The first, staked Hive or as we know it...Hive Power!

The life blood of the platform and what's needed for governance, curation, delegation, reward distribution and so much more.

And the second, liquid Hive Backed Dollars or HBD.

The stable(ish) token on the blockchain.

Both are truly remarkable creations and once you really see how to benefit from both, your mindset turns into...Accumulation mode!

Now, let's think long term here and I want to throw some numbers at you.

These will be using my account as an example, and somethings I've been thinking about over the past few weeks on how to approach 'accumulation mode' on Hive.

Right now, I have around 88,000 staked Hive. 88k Hive Power that I use for all the actions I mentioned above. Currently, this is what I'm 'earning' from that stake when it comes to passive income...

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This is my APR for Hive Power, around 3%. Which isn't a ton but let's see where else I'm getting a return from the staked Hive...

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Here's where I'm earning the most from staking Hive. The curation rewards.

So add it up and I'm earning 11.39% a year on my Hive Power which is around 1000 Hive, give or take. That's a lot better than most banks will give you and if you are bullish on Hive like I am, the value of those tokens I believe will be much higher in the future.

That's the passive income side of staking Hive.

And with my current active endeavors, I'm earning about 40 Hive Power per day which means 14,600 roughly into my account each year. Add the APR for the stake and winner winner chicken dinner!

Now let's transition to HBD...

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Seems a lot easier to do the math on that for sure lol

My golden rule for HBD is 60 = 1...Meaning for every 60 HBD I put into savings, I'm earning 1 HBD in residual income monthly. So 'accumulation mode' is in full swing, combined with the power of compounding interest and you can see why so many people are very excited about HBD Savings.

So it begs the question...

Which do you prefer?

I completely see the argument for focusing on either or, but I'm in the camp that thinks a double attack works best. But then I start playing with numbers...

Sell some Hive, stick it into HBD and let the magic of compound interest do it's thing. You see, my goal really is to 'live' off the blockchain, and if I can do that on HBD alone, it keeps the rewards pool healthy and happy.

But at the same time....I love to create and curate so....

Yup, the answer for me is both!

And with Hive, I can feed both beasts because through creation and curation, I'm earning both liquid HBD and Hive Power each and every day. Imagine where we will all be in 5 to 10 years from now, if things continue to get better on hive and those interest numbers stay the same.

That's exciting stuff :)


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57 comments
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I am 90% focused on HP and 10% focused on HBD.
In my opinion there are a lot of indirect advantages of having more HP than HBD especially for those who are active in publishing and interacting on Hive and that is also why I prefer HP.

Imagine where we will all be in 5 to 10 years from now, if things continue to get better on hive and those interest numbers stay the same.
That's exciting stuff :)

Completely agree! :)
!CTP
@tipu curate

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Makes sense for sure. If you are active on chain, HP is a sure fire bet!

Thanks for sharing!

!CTP

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I'm mainly all Hive at these prices because when the next bull run kicks in not only will the hive be worth more it also pays out A LOT more HBD However that will depend on how fast we hit that 30% debt.

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You think that'll happen soon, the debt? I'm always wondering how long things will last at that 20% APR lol

!CTP

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idk that one dude has a rather large sum that's collecting a heck of a lot of interest. Everyone keeps saying 20% is fine but I know better lol 20% is not sustainable long term and something will have to change at some point. That's like FTX saying they will give you 20% on a token that only pays 5% lol

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Thanks for another engaging post. You're great at generating discussion! 😊

From a purely financial perspective, at this point in time I'd choose Hive over HBD. The reasoning for this is that I expect Hive's value to rise (especially when considering APR and curation rewards) by more than 20% per year over the course of the next few years. After the peak of the next bull market, I'd switch over to HBD as the primary preference, since Hive's downturn in value would stall growth compared to keeping HBD.

From t he perspective of an active poster, I'd strongly prefer Hive over HBD, as Hive Power provides benefits and influence to active users of the blockchain. Even after the peak of a bull market, I'd keep a significantly larger amount in Hive than in HBD, although I'd certainly transition a fair amount to HBD so that I could purchase more Hive later.

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Yeah that seems to be the general consensus, especially if you are being active on chain. The more active, makes sense to have a focus on Hive.

!CTP

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I'd go for both, if bull run ever happens, I wouldn't get to ride the wave as well as those that focused on Hive but if it doesn't happen, I still don't get burned missing out because I get to accumulate both anyway.

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That's my thinking too, I want both for sure lol Love them all.

!CTP

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(Edited)

I think the place to be is hive power. Like you said, plenty of upside for the token plus the nearly 12% total return. However, with the HBD side of things, the witnesses may collectively decide to reduce the % return at anytime, which I think will happen at some point.

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That's the risk and I have no idea if the powers that be will change it back to pre-20% times.

!CTP

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I feel that the 20% isn’t sustainable, but what do I know..

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Congratulations @jongolson! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

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Your next target is to reach 480000 upvotes.

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I focus on both. I try to stack both. The reason being I have seen the power of stacking. Especially HP. I have yet to do anything big with HBD but that too will happen eventually. For now I am going slow on HBD but the HP seems to be going good. I am speculating that staking HP and the regular powering up helps a lot if you have made strong direction towards the account growth.

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Same here, I haven't dumped anything big into HBD on a personal level, just been adding to the stacks from the rewards of the payouts.

!CTP

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HIVE, but earning HBD has me wanting to take advantage of that 20%, so until further notice - both lol.

Posted Using LeoFinance Beta

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Yeah man!!!

Me too, just makes sense to add both. I love that passive 20% though lol

!CTP

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Personally, I like a 50%/50%, but I can only imagine what the Hive community would look like with everyone doing $0.50 upvotes. I mean that would be wages for many people. So yeah, HBD for the passive interest on the back side, but a major upvote clicker on the front side should be a goal for every Hiver.

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That's the dream man, at least for me...Seeing everyone win on this chain, with life changing potential of the votes, the curation and the engagement.

!CTP

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40 hp per day is dream. Congrats man it is really amazing.

I love following you because you show me the possibilities. With real numbers.

I've started saving HBD because of 60/1 rule.
The goal is 6.000
Until then I will keep posting.
That is my current and probably next 5 year? goal 😁😄😁😄

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Appreciate the kind words. I hope people see that anything is possible here. I started at 0, with next to nothing to invest but my time....Lots of people came into Hive with lots of crypto to power up, the hustle gets you there as well...Just takes time.

!CTP

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More Hive Power gives to many indirect benifits (more then curation and APY).
Anyway as you say Blockchain itself is taking care by dividing the payout 50/50 between Hive ad HBD... so balanced focus..

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Yup, great point. All we need to do, is show up and add value, with the 50/50 it takes care of itself.

!CTP

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Form me it's hard to save much jn HBD saving as every other day I come across new projects and yes if you wanna involve you have to invest (at least a minimum amount).
I am big fan of play2earn games and always wanna try new launched games on Hive. So finding its hard to contribute much towards HBD saving. But still set a target of 2k (already have 1k in saving) by the end of year.
Of course HBD intrest are unbeatable so you can not ignore it.

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I focus on both and I think both are good choices. They both are good options and having a part in both means I get some HBD stability and I also get exposure to Hive's potential.

Posted Using LeoFinance Beta

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Agreed. I'm on the train of accumulating both as well.

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Both. 20% for HBD is great but I already know I'm going to FOMO hard if HIVE moonshots and I don't have any (lol). 🤣

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Ha ha ha ha yup, that's why I'm always trying to have some liquid Hive on hand...But it's hard. I wanna power it up!

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Since my HP is very low and Hive's prices are a bargain I'm focused on accumulating HP.
!CTP

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!PGM
!PIZZA

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS tokens to @torran

remaining commands 7

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Whatever you put in hbd savings doubles every 3,5 years or so. Which means in 10 we all will have 8x our hbd passively if that apr stays at 20%!!

That’s absolutely mind blowing!

Then as I’m delegating hive power to @brofi, which gets me BRO tokens, which gets me LGN tokens, which gets me more hive every week.

No idea what more profitable long term, but I certainly like both of these!

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It really is mind blowing. Every time you think about it and take a look at the big picture, it gets more and more exciting to focus your attention on hive as a whole!

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My plan is to increase both, but the focus on one or the other depends on where we are in the crypto cycle and on the price of HIVE.

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I can't keep up with it all lol Last month we were out of the bear, now we are back in? LOL Who knows.

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I don't think we are back in the bear. But I don't think we will take off any time soon either. FUD does its job well.

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Ya I’m doing both as well, trying to split my earnings to HBD into savings for a bit right now but I think after this month I’ll cool off on that and go back to stacking HP. Curation rewards are a wonderful thing that’s for sure lol

Posted Using LeoFinance Beta

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Oh it's amazing!

Nothing better than just seeing the token get spread out and putting more power into the eco system for everyone.

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I do not have enough funds and enough attention yet. So, I always focus on Hive power so that I will be able to perform more actions on the platform. I hope I begin to save HBD soon.

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Stacking Hive Power is what I did when I first got started, it's a great plan to grow your account.

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As long as Hive is so low I have been moving my HBD into liquid Hive. I will likely be doing a pretty decent power up here in the next couple of days for HPUD day. If Hive were to jump back up over $.50 suddenly, I would probably start thinking a little harder about moving HBD into savings or swapping it to Hive. My HBD interest I just roll back into savings.

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I love that it only takes 3 days to get the HBD out, that's the big win for me. If you ever need it for whatever reason, it's there.

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Yeah, I can agree with that. I think it would be one of the last things I liquidate though. I mean where else can I get 20% interest! I'd be better off taking out a home equity loan if I needed the money!

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You ask...

So it begs the question...

Which do you prefer?

The default setting is set at 50:50 and that seems fine for me at this time. To change it would be reflective of a strategy, goal, objective. I'm undercided now but mostly wanting return I can use to help pay some bills.

Now I have only been around here for a week or so, thank you for bringing me along btw; however, I have spent many hours already learing the game. You know my saying..Learn before you earn.

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(Snippet from my Project ePayTraffic site.)

Here is what I noticed about the perceived value of tokens in the game. It is very much similar to trading and holding stocks on existing stock exchanges. That is based on my experience in trading and investing in publicly traded stock exchanges since 1980. I have seem many tokens, I mean stocks come and go.

So as to not go too deep into market valuation, and the need to stay on topic, I say hoard both if that plays well in your game. My goal is to share the wealth so that means my current focus is to get a better understanding of getting money out. Close the loop for example. I have to answer to my wife and she likes fiat money. I was able to explain the part where we are all paid for our valuable contribution as oppose to me giving away content to facebook and getting mostly negative energy in return. Funny thing, I deleted my account from Facebook just around the time I figured it was their turn to do a facelift like many corporations do. My love and positive energy has not stopped climbing since I deleted my account. I deleted twitter as well but that is for another post. lol

Best of luck with your strategy my friend.

I too, place high value on the hive community and ecosystem. There will be lots of growth, ups and downs and plenty of confusion during extraordinsary times. The bottom line is human nature will decide the final path. The trick of the game is to build a synergy type of connection so you have positive growth generating a disposable income no matter what the hoarders decide to do with their governance and voting infuences.

OMG Jon you have a way of getting my snyapse firing.

Take care buddy and best of luck to all hivers.

!CTP

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To be completely honest, my involvement with crypto has mostly been focused on trading and is not related to the HIVE ecosystem. Although I do write blog posts on topics that interest me, over the past seven years, I haven't noticed any substantial changes in earnings, except for occasional small increases when I publish fiction.

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I think it is a very interesting topic, thanks for teaching us a little more

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