Why I'm Doing The Opposite With HBD

I will admit when 20% APR rolled around on a stablecoin of HBD I was all in. In fact I started to stack it again. However personally I feel that money has to come from some where and right now I only see it sucking the life out of the value of Hive since there's very low liquidity for HBD in general. I could be wrong though and if I am someone please explain it to me in the comments.

That 20% APR

It sounds great, it is great however for me right now with the low prices of Hive and how the markets in general have been tanking lately to me that's a point to get out of stables and back into crypto tokens such as hive. That means for the most part pretty much all of the HBD I'm earning is going towards buying Hive now and helping push me to that goal of 100k that I have.

This seems to counter what a majority of others are doing and that's stacking their HBD at the moment. With Hive being down to $0.80 and even flash crashing to $0.76 this morning to me that paints a picture of Hive easily stacking 20%+ in a years time frame instead of sitting on it in HBD. 20% would mean hive only needs to touch $1 again and with all of the projects, defi and other aspects coming to hive this year I personally see no reason why it wouldn't hit $1 again and higher.

The other thing is I really don't need hive to covert to 20% higher as I earn curation rewards faster at about 9%-11% so in reality it's only a off set of 11% to 9% that HBD is benefiting me. I also have faster compounding on Hive. In fact I believe it happens per block at 2.84% on my powered up hive and every 7 days for curation rewards. Thus pushing that percent a little higher when compared to HBD which for whatever reason is a every 30 day claim.

*Hive Price over the last year

Call me crazy but I'm just not seeing the real big benefit at the moment of holding on to HBD at 20%

The Case Of Hive Over $1

Now if Hive starts trending above $1 again I believe that's the point where I would most likely hold on to all the HBD I earn from posting, trading and commenting. At that point the 20% looks more attractive because the chances of Hive trending well over $1 are well a bit slim at the moment. However HBD is liquid enough (which is the big perk bonus of it) of only 3 days so I could unstake it and use it for price actions.

Hive In DeFi

Hive is starting to spread it's wings and it started with HBD in DeFi first. However from the sounds of it the Hive token itself will also start to be a part of the DeFi system which might make it attractive because the liquidity of hive itself as well as HBD seems rather low and hard to come by. I also see HIVE becoming more of a resource token over the next few years and not so much a rewards token. As more projects, games and applications run on hive these platforms are going to need those resource credits (which is hive) to onboard people, do transactions and so forth thus driving up the value and price of Hive itself.

What are you thoughts on HBD and Hive right now?