Hey All,
I started this journey of doing a systematic investment plan aka SIP for $HBD last two months only. The plan was to have a SIP for 50 $HBD every month and continue to do so until I achieve this GOAL of having 5K+ #HBD in savings which is giving a good return of 20% at the moment. When I started this journey I had close to 1250+ $HBD in saving and as of today the status is 1613+ $HBD in savings which is an increase of 381+ $HBD tokens.
My HBD Status Last Month - July 2023
Last month I had done two Peer-to-peer (P2P) trade of HBD that got me 150 $HBD and all was redirected to the Hive Savings accounts. The initial plan was to do SIP of 50 HBD every month but since I could afford some more money I went ahead doing more trade for HBD and the same went true for this time as well. So instead of doing a 50 $HBD p2p trade I went ahead doing it for 100 $HBD and redirect all of it to savings account.
Plan to 5K+ $HBD in Saving...
Here is the chart that I have been tracking my $HBD SIP starting from June;2023. A steady progress but being consistent is the key here. I'll continue to track my progress until, I reach my GOAL of having 5K+ $HBD in savings. At the same time, I am redirecting all my #hbd earnings via the post rewards to the saving account. This is also helping me to boost my savings account on a daily basis.
Also looking my account rewards stats on Hivestats it tells me that in last month, I did earn close to 469+ Hive Power and 164+ $HBD so that is again another plus point that is adding towards my goal for 5K+ $HBD in savings. Finally, if I continue at this pace I am confident that I should be able to achieve my goal for $HBD pretty smoothly and I'll need not touch my $BTC and $RUNE strategy here for more $HBD. That will only come into picture when I am targeting 10K+ $HBD in savings. For now I'll continue with this 50+ $HBD in savings for every month and see how far I can reach - at least the plan is to continue it doing the same as we do with for mutual funds and here I am doing for a good stable coin $HBD which gives out the best return of 20% APR... cheers
Have Your Say on HBD in Saving APR 20%...
What are your thoughts in general for HBD in savings? Are you stacking up HBD or converting HBD to HIVE? What's your overall strategy for HBD looking like? Would love to hear your views on HBD in the comment box below.... cheers
#hbd #hive #hivesavings #apr #hbdinsavings #sip
My Second Month SIP for 100 $HBD Executed - Plan to 5K+ $HBD in Saving Continues...
Best Regards
Image Courtesy:: peakd, procanva