In my past post I had talked about investment in HBD and I was not joking about that. I was planning to invest more but I do think something is better than nothing. Investmentnet is not even that big, but for me, it is big. I was planning to invest around 2000 INR which is around 24.14 USD but my salary hike was not that much so now I am planning to buy HBD worth 1,500 INR which is 18.10 USD. I am ok with that too.
So the plan is simple I just have to invest monthly 1.5 K (18.10 USD) in HBD. Thanks to the IU community I am able to do that very easily there are users who did agree to sell in p2p which is a good deal for sure. The good thing is it is a native community so things are pretty easy for me there. Many users do trade there it is good and you can that is the benefit of living in the same country.
I am planning to do a SIP in HBD for a year and see how profitable that can be for me. so after a year, I will invest around 18,000 INR ( 217.21 USD) and transfer them to HBD savings. The HBD APR is really great for sure and those who have invested in they all do know the benefits of that. In my country, traditional banks do give an interest rate of 7%APR and we all do know how much APR HBD savings do provide us which is almost 13 % greater than the traditional banks are providing right now.
If I will invest 1,500 INR (18.10 USD) for one year for 7 % APR after a year I will get around. 19,620 INR (236.75 USD) this is what I will get after one year with 7 % APR.
If I will invest the same amount for one year in HBD savings then I will get around 21,600 INR (260.65 USD ). I will get around 1,980 INR (23.89 USD) more so I think this is a good investment for sure. what do you think?
I do have around 931.355 HBD in my savings and I do save every single penny I earn from my post (mostly ), some times I do convert a few in Hive only If I do need some liquid hive or even if the price of the hive is low. These days it is really a good time to do that.
Let's see If do manage to do this for a year or that, you will know about that as time will pass.
If you are new to the splinterlands game then feel free to join my referral 😁
few posts from my past that might be helpful for you.
wish me luck 😅
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