Over the last few months there has been nothing better than parking off HBD whilst earning the 20% APR for having it in the savings wallet. Is this the smart move now Hive is down at 33c though? My mathematics and common sense says no and I will tell you why as the logic is kicking in.
Hive in November last year was at $3.41 which is more than 10 x from where we currently sit. The 700 HBD I have tucked away earning roughly 40c per day or $12 per month is fine but that 700 HBD converted to Hive would convert to just short of 2000 Hive Power. This would add another 4 c vote value to your vote generating an extra $6 in curation per month so the "loss" of earning the $12 per month is not really a loss and is far less.
2000 Hive is a decent amount at an ATH which if we take the last figure of $3.41 is just shy of $7K. The thinking is to bring the 7K plus more back when the price is right. The $12 monthly return would then change into just shy of $120 per month if the 20% APR is still available in 2 years or 3 years time. $7000 x 20% is $1400 per annum or 116.66 per month.
The long term aim is to have far more HBD staked in the savings wallet when this happens even if the APR does fluctuate and change. The plan is to have $200K plus in HBD which would be a serious passive earner and a great pension top up in 10 years time.
As you can see in just 5 years having a significant amount of HBD in the savings wallet one could generate a decent monthly income. 200K in HBD would generate nearly $9K per month in 5 years time. If the next ATH for Hive is still 3years way as we don't know when this will happen exactly my bet is we will surpass $3.41 next time around. Even if that was the case investing 200K HBD over 7 years or longer would be even better.
Instead of settling for $9k per month that figure would now be over $13K which would not matter where you lived in the world as that is a decent passive income. This obviously all relies on HBD earning a 20% APR which is not a banker as that can change at some point in the future. Even a 10% or 15% APR would still amount to a significant number.
