I do the same with HBD. Reinvesting in something that generates more of itself.
I made the mistake of taking out 800 HBD last year and it's been really difficult to build it up again. I would be generating a lot of interest HBD now if I didn't.
You're right. But I guess last year HBD wasn't generating that interest and there wasn't a way to know it would change, right? Now I'm adding HBD to my savings but I guess sometimes I'm gonna need to take out some of it.
Last year HBD was generating 20% APR, not 15%. It takes discipline to leave HBD in savings, but it becomes easier when you realise how expensive it is to take it out.
I am kicking myself that I withdrew any of it.
I now treat it like superannuation/ 401K. It needs to only be taken out in retirement.
If I need liquid HBD then I need to be posting more often and either wait or convert Hive over.
I tried to starte a professional hide and seek team but it didn't work out. Turns out good players are hard to find. Credit: marshmellowman $LOLZ on behalf of okarun
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<p dir="auto">Don't be shy - share some DIY!
<p dir="auto">You can query your personal balance by <code>!DIYSTATS
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<a href="/@okarun">@okarun just sent you a DIY token as a little appreciation for your comment dear <a href="/@shaidon">@shaidon!
Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:
I do the same with HBD. Reinvesting in something that generates more of itself.
I made the mistake of taking out 800 HBD last year and it's been really difficult to build it up again. I would be generating a lot of interest HBD now if I didn't.
You're right. But I guess last year HBD wasn't generating that interest and there wasn't a way to know it would change, right? Now I'm adding HBD to my savings but I guess sometimes I'm gonna need to take out some of it.
Last year HBD was generating 20% APR, not 15%. It takes discipline to leave HBD in savings, but it becomes easier when you realise how expensive it is to take it out.
I am kicking myself that I withdrew any of it.
I now treat it like superannuation/ 401K. It needs to only be taken out in retirement.
If I need liquid HBD then I need to be posting more often and either wait or convert Hive over.
That's a good way to see it. Savings for retirement. The big question is, when will be the right time to retire from Hive? At what age? !LOLZ
lolztoken.com
Turns out good players are hard to find.
Credit: marshmellowman
$LOLZ on behalf of okarun
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Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP@shaidon, I sent you an
I wouldn’t retire from Hive. There's a community called Silver Bloggers of older Hive users, mostly retired.
Omg, that's great. The only way for us to retire from Hive is leaving this world. !LOLZ
!INDEED !HOPE !DIY
Yep. But think of the compound interest in HBD savings if you don't touch it until you retire. For me that’s only 20 years away.