Hey, folks I hope you are doing fantastic these days today I just want to share my plan regarding HBD Savings and what I am going to do with HBD Savings because for a long time, I have not explored this option but it is a good option to generate some passive income so I am not going to neglect this thing. It is not child's play to invest a big amount in HBD savings because investing is not an easy thing you have to gather some courage to invest because money is earned by your hard work and everyone loves money.
I’m also going to talk about hive power versus savings but before that let’s talk about HBD Singh Apr recently the HBD savings apr was reduced to 19% but I can see now it is stable at around 20% so it can go down So it is not guaranteed that you will get 20% apr always. do you know that even getting 15% APR with trusted platforms is difficult in this world there are lots of trusted investment programs and all of them provide 15% APR so it is good that HBD savings giving us 20% APR and it is an opportunity for us to take the benefit of this.
To diversify my investment I have set my rewards to 50% HHBD and 50% hive power in the post so whatever I get from the post I will send into HBD savings this is my plan and I am going to talk about this plan in detail so let us talk about it
Recently I have got 4 HBD plus income and I have transferred it to HBD savings I can also buy the hive power but as I said I want to diversify my investment so it is not bad that is why I have decided to transfer post earnings to the HBD savings. however, my target should be increasing hive power because I have low high power so it is good to increase the hive power first but since I am getting hive power already why not diversify it? I will use that 20% APR to buy high power so this is also not a bad idea however your opinion could be different on this topic and I appreciate it.
Hive power has a lower APR than the HBD savings but hive power means your reputation it show your account value because it determines your vote value and upvote is everything in the hive blockchain. Just remove a vote option from the hive and you can see there is nothing in the and you will see that 80% charm will go because upvote option so it is the most valuable thing on the hive. so that is why I support Hive Power first and then hbd savings but I just want to diversify my investment. I have zero in hbd savings so I should have some hbd in the savings so in this perspective that is a good decision also I will get 20% APR so I can invest at 20% earning back in the hive power so this is not a bad choice what are your thoughts on this particular decision share in the comment section. Thank you and Now Faiz Makrani signing off. Meet you in my next blog.
"Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma — which is living with the results of other people's thinking." -Steve Jobs
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