BALANCING STABILITY AND GROWTH: MY 70/30 STRATEGY FOR HIVE SUCCESS

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HBD is more stable compared to the Hive native token. Anyone who wants stability in the value of their assets or wallet may decide to leave more of their assets in HBD, which means converting the hive-native tokens earned weekly to HBD. When I started on the Hive blockchain, the earnings I claimed for my participation every week came in HBD and Hive Power, but recently I discovered that they now come in Liquid Hive and Hive Power, unlike before.

My strategy before now was to stake my HBD when I could and also convert what I could convert to liquid hive and later transfer it to my other wallet. Sometimes, I hold the hive there for a long time before I convert some to my local currency and move it to my local bank account.

I preferred holding more of my assets as Liquid Hive because I have a strong belief that the value of Hive will go further up, causing the curve to face up and not have a downward slope or fall. But for a period now, the case of the curve has been faced down for a long time, not until it became stable with a recent turn.

A good strategy will be to convert your Liquid to HBD and stake it so it can earn you a monthly interest payment in HBD. I have noticed many wallets locking their HBD for set periods, which has worked for them, earning interest every month and helping them build savings at the same time.

My strategy going forward is to stake 70 of my weekly earnings as HBD or power them up as HP. I plan to save and power up every week, which will give me more influence on the Hive blockchain and more Resource credit to participate more effectively, without any limitations due to a lack of ability to do so.

My main goal on Hive right now is to gather as much HP as possible. I had a target of hitting the milestone of a thousand HP, which I have already met, and looking to the future, my next goal is to hit the two-thousand-milestone (HP) in my wallet as well as some HBD staked in my wallet.

My name is @rishagamo, and this is my submission to the IU contest "Theme-: "HBD – Saving, Spending, or Strategy?

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