Recently I have onboarded a few friends onto Hive, one in particular I notice being keen on growing is @letsdora, she comes to me every now and then for answers to things she don't understands which is something I admire about her, one has got to be inquisitive to know certain things in life. It really doesn't hurt to say
I don't know please show me how
Basically @letsdora now finds herself in the blockchain and crypto crypto environment which is still new and overwhelming to her but the fact that she wants to learn and grow earns an admiration for her.
With just 7HP in her wallet and 30HP delegated to her, I asked myself what would be better for her towards growth, convert her HBD to Hive and Power up or put the HBD into savings for the juicy 20% APR?
It was a quick question to myself, and to her and her response was
Which one is better?
I opted she convert HBD to Hive for a Power Up because of the importance of growing one's stake on Hive, the benefits to growing one's HP (Hive Power) can't be overstated, with HP you get to be involved in governance on the chain amongst other benefit like voting, which earns one curation reward and also rewards authors from the reward pool.
With my decision explained to her, she trusted I have made the right decision for her, but I still ran questions to myself asking what if she grows both her HP and HBD simultaneously? With the recent increase of 20% APR on HBD it is difficult to resist the interest saving HBD earns.
What would you have done especially for someone trying to grow his or her stake on Hive? would you have done things differently? Please share your opinion, thanks.
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