Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, finally crypto market observed stability.
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This is the start of the new beginning. CPI report, lower interest rate, and slightly lower inflation helped crypto market to grow as a result global crypto marketcap has surpassed $1 Trillion which was around $800 Billion before 10 days. Although the crypto market is growing but we can't predict how market will behave in next few days. Negative news may dip the market further. It is important to keep your asset which is relatively safe and offer you higher reward. One of such investment is in HBD saving.
HBD saving is offering 20% APY profit. The good thing about HBD is that it is a stable coins and your earning will also come on stable coin. This means it will increase your number with time.
On the other side, banks are offering 14% interest rate, which is not bad either but still 6% less than HBD saving. Moreover, many currency are dipping against dollar as a result your earning of 14% drop down further. Currency of my homeland has dropped almost 30% of its worth as a result it will decrease your portfolio despite getting 14% profit.
There are couple of other projects which are offering higher APR but it is risky due to too much fluctuation in crypto market price. Investment in HBD is a better option. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.