A couple of days ago, I bought 800 Hives for cash and powered them up immediately. Now I have another dilemma about it. And I would like to share my concerns and learn your opinion.
Btw, I just realised that I published that post in the wrong community. Sorry about that
@holozing
So, I can't decide whether I should keep my 800 Hives as my Hive power balance or delegate them?
Currently, I have 9,629 HP delegated to different people and communities, and it is almost 88% of the whole HP I have now. The main reason why I started delegating HP to others is that I wanted to support them. Especially, communities. The second reason is that delegating is a pretty good way of generating passive income.
For example, I have 2,118 HP delegated to 
Maybe, delegating to other communities has a higher APR. If so, please share it in the comments.
I am not sure about curation payouts. But it says that APR interest rate for Hive Power is 2.979%. I am not strong in those types of calculations, so I asked ChatGPT:
If the APR interest rate for Hive Power is 2.979% and I have 800 Hive Power, how long will it take to earn 800 Hive Power more?
And the answer I got is:
To estimate how long it would take to double your Hive Power from 800 HP to 1600 HP with an APR of 2.979%, we can use the formula for compound interest, assuming the rewards are compounded (i.e., reinvested)
It will take approximately 23.3 years to earn another 800 Hive Power (doubling your current 800 HP) at an APR of 2.979% with daily compounding.
Based on the calculations above, delegating has a better APR. But I am not sure if my calculations are right.
Also, I don't consider investing in other projects and buying other tokens, because I have already staked all my liquid hives.
However, I am always curious about different investment options and projects. So, feel free to share it with me. I will really appreciate it.
Thank You
Iris
Image was generated using AI
