HIVE IT RATHER THAN SAVING IT
This morning I woke up watch something strange done by my little boy. His action really surprise me and that has kept me thinking.
Immediately the little boy woke up. He was able to recall about the money my friend gave him before he slept. with the teaching he had from her mum that any time someone gives him money he should cultivate the habit of saving the money rather than spending it.
The little ran inside to pick his saving box just to save the money given to him by my friend with lot of excitement. I watched him doing this closely and I smile and say to myself good boy. And then I appreciate what my wife has really done to this little boy.
Just before I prepare for my work, something pop into my mind from what my little boy did.
how long have you been doing this?,
what has been the interest derived from my savings so far?
I could not just leave the questions. While I was in office I took my pen to write down my savings amount, and also the interest I have received from it so far.
After a while I thought again about my e-wallet Roqqu where I have lot of crypto currency purchased. Finally, I realize I have been doing myself harm rather than good.
I bought hive when hive $0.15 sometimes last year which has been in my wallet and today hive has been dancing averagely around $0.35 this shows that I have made double of my money if I decide to sell the hive today.
Other crypto currencies were there as well but I decided to focus on hive because it is only on hive that I have made a lot of gain. 100% net profit from the hive purchased isn't a bad one. Crypto such as bitcoin are far above my reach and the probability of going higher than this is low compare to hive that is just coming up.
The lesson derived from this twin brothers who made it when bitcoin was $8 and they used $60,000 to purchase bitcoin can not be under emphasis Cameron and Tyler Winklevoss became popular after bitcoin price rose to the highest price level and this made them billionaire which I think everyone hope to be as well.
Since I cannot buy bitcoin again, I think it is advisable to start with hive that is still at low level now rather than waiting for 5% interest from bank every month.
This is what made me to conclude that it is better to BUY HIVE INSTEAD OF SAVING FOR JUST 5% ANNUAL INTEREST FROM BANK
Saving to me is just like a waste of time. it is better to saved one's future by investing in hive rather than saving ones income in a bank that will not yield a reasonable profit.
interest rate from bank is not really encouraging. buying crypto will help someone to have grater hope. the truth is that the price of hive now will not been the same before the end of the year. there is high probability that hive price will increase
Saving is important, but the savings has to be done in a way that makes sense. If you live in a place where interst rates are negative-- ???...!!!-- such as Japan, the EU, and Switzerland, it makes more sense to save the money in the mattress or cookie jar. Either that, or buy liquid assets such as precious metals or even precious gems.
Depending on where cryptocurrency is saved, it can be put into a crypto version of savings so that it earns some decent APR. This isn't even considering options such as DeFi or delegation.
Thankfully, the accounts we have here include access to savings, and after enough Hive Power is earned so that depletion of Resource Credits is no longer a concern, then some incoming Hive can be diverted into savings.
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STOPIf you are looking for interest then you can consider HBD.
But Hive curation APR + Hive interest is really a nice investment.
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This is a very good one and of all it is good to see how determined and structure you are also I sincerely give it all to your boy for coming up wit a very good idea, which I want to believe that you have trained him on or with if I may say
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