I was on BINANCE this morning trying to find some decent yieldfarm for my stablecoin. I'm trying to take investing a lot serious now, and retire in the next 10 years because I can't afford to work for the long run (if it so happens to be that I can't find a white collar job I fancy).
According to Gemini, I need to invest €60 weekly (at an 8% APR) for 10 years, to have about €50,000. That's a decent amount to have alongside my pension, and other investments. so I don't mind that at all.
Now back to Hive and BINANCE. So I saw a hive yieldfarm on BINANCE offering 50% APR. Too good to be true? Well, I am about to find out because I started buying some hive on BINANCE, and I will be doing this weekly.
I do have this strange feeling that this might drive the price of Hive up if more people get to know about this offer. It is strategically hidden and you won't find it if you are not looking.
I don't know what game is at play here but I think Hive is a good token to hold in the long run. Asides the occasional pumps which are a given. Also the token has numerous use case, so there is always a way to recoup your loses I. The long run.
What if hive tanks?!
Well, the worst I have seen Hive fall to is 10 cents and that doesn't scare me. Plus, the money I am investing is relatively free more from pfand that I would have used to buy kebab or musli.
Side note. In retrospect, it feels surreal being able to buy hive weekly. Some years back I used to slave to earn that much from creating content, and still come short. Lol what a life.
So I would like to get your thoughts on this Hive yieldfarm on BINANCE. Good or bad idea? And why?