I saw this today posted by Data Metrics on Twitter who I followed as they have some decent stats laid out for each Cryptocurrency. Knowledge is power in Crypto so one can always learn to improve.
This is what caught my eye as we know you maximise any investment these days and don't sit on or park your investment. This $1000 invested 1 year ago would have been 1687 Hive or as we know it invested properly as 1687 HP.
Just by investing powering up the Hive into Hive Power that would earn you 51.37 Hive at a compound interest rate of 3% which is $27.28 on todays prices at 0.535 c per Hive. That is only part of the earning ability as the 1687 HP would give you a current vote of 4 c per 100% vote whilst curating. That equates to around $12 per month or $144 per year which when added together with the APR is $171.28. The $79.75 "loss" in dollar value has actually made you $91.53.
This as we all know on Hive with what is on offer is nothing as you can earn from posting, commenting on posts, playing games and DeFi with Leo Finance. The $171 earned is seriously the bare minimum what is on offer and this could easily be 4 x or more depending on how savvy the investor is. Do your homework and stop leaving profits on the table.
The other scenario would be to convert the Hive into Hive Backed Dollars and earn the 20% APR which would get you out way ahead as well. I just don't understand the outdated method of not staking and holding.
In todays crypto world with the staking opportunities around you cannot afford to just invest and hold without staking. The APR combined with compounding is what makes you come out on top even in a Bear Market when the market turns you come out way ahead.
4 years ago you invested and if you didn't trade for gains you waited to take profit when the market went back up. Now you invest stake and earn whilst waiting if you aren't trading. How many investors know what we have on Hive as it is not that difficult to learn if you take the time to understand.
Every single investment outside of Hive that I have these days has APR and compounding involved which makes a huge difference. This makes you sleep well at night knowing every hour you are holding you are earning and the earning potential is increasing due to compound interest.