Its time to change the strategy now. I have told many times that planned and perfect strategy pays you alot. Crypto market is all about planning and strategy and if you adopt the right one then surely you will make profit in every market condition.
A week ago I wrote a content about HIVE APR in Binance and discussed its detail how can you earn more than 40% APR and the profit is distributed on daily basis. I told you how you can subscribe and get the best advantage of it.
But for now, the strategy has totally changed and its time to redeem your amount from Binance staking. This is because the APR has reduced to only 2% now. A drop of around 38% within few days.
In this scenario, holding hive on binance is useless, rather adopting another strategy is best at this time. Therefore, my recommendation is to move your hive holdings to #hive ecosystem and go for power up.
We have three plans at this moment, one that you go for powerup and earn easily 11% APR, the other is to convert your hive into #HBD and earn 15% APR and the third one is to stay in binance and do small trades using EMA indicator which I already discussed about it.
These are the best strategy plans right now and will be the best ways to make profit. Many people maybe thinking why the APR has reduced dramatically and what could be the reason behind it.
One of the main reason which I think is that traders have returned the hive they borrowed. The main reason is that hive didnot pumped what traders expected. Hive is lagging right now and traders dont want to pay huge APR against what they borrowed.
There are some more reasons which I surely share in the next post. Right now focus on the strategies which I have shared. I hope the post is informative.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
TWITTER TELEGRAM HIVE WHATSAPP DISCORD
IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
IMAGE SOURCE
REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
