My method that combines saving and spending HBD must also be viewed as strategically spending. The Hive community perceives the function of HBD as a stablecoin which I use as a tool for self-improvement and decision making.
HBD (Hive Backed Dollar) is a trustworthy cryptocurrency that remains near the value of the USD, even as the rest of the market experiences violent price fluctuations including a range of volatile behaviors that most cryptocurrencies are subjected to.
My interest in the HBD system arose from the stability HBD provides as a cryptocurrency, however, the benefits extended far beyond the rest of the HBD system and into its real world uses.
By design, one must save and spend (use) their HBD. Hence, my HBD strategy allows me to reap all the benefits of HBD.
I have a HBD saving strategy, which saves most of my HBD. This strategy is a great way to earn interest because it expands my collection of assets. Compared to most systems, the intial barrier to entry saving of my assets is earnig a great return on a saving account, but HBD requires less.
My second point on the argument opens up options on actions I can take. I save a part of my HBD as cash, allowing me to leverage HBD ecosystem opportunities. My Hive Power grows since I will exchange HBD for HIVE during market dips, enhancing my future earning potential.
HBD is my financial tool to back my community. HBD spending forges connections by allowing me to tip creators or engage with content or initiatives, all of which build relationships and improve the health of the ecosystem.
HBD works as a tool of strategy beyond serving the purpose of a saving and spending method. HBD system gives me three core elements that help me in community-building through sustainable development and growth. My financial growth with this strategy encourages my participation in the Hive ecosystem.
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