Obviously no need to share every detail, but the question I had mostly in mind was that if and when you do take profit, are you considering HBD?
This question may be a bit early seeing as Hive hasn't really been going up much, although there's still many who have grown their HBD in savings over time. Maybe they don't think Hive is going to go anywhere or simply don't wanna risk it - it's all good, but storing HBD here is still beneficial to the network in one way or another.
Maybe they've already taken some profit in Bitcoin, Ethereum or even LEO which seems to have done well recently. Maybe they're waiting for Splinterlands to do better or for the previous mentioned to go even higher. I'm just curious how many are going to remain "in crypto" whether it's stable coins or a few of the big ones and how many are going to consider HBD with its potentially adjusting APR.
Personally, there's still quite a few different projects I'm working on and trying to fund at times, even though most of my value is stored in Hive itself which is quite low. At times it kind of hurts to "have to" invest in holozing for instance because we gotta keep the lights on for devs to keep developing, because Hive is so low so spending hive for vials or zing tokens feels a bit like Sophie's Choice. xD
A lot of things I'd wanna buy are also kind of on pause due to the price of Hive lately. Like I'd wanna buy more vials before the end-time of alpha to make my average hive price cost go up a bit which currently is probably around 25 cents if not lower. If hive goes up even to 50cents and I'd buy say another 800 it would raise the base price of Hive I've put into vials to maybe 35c.
If hive does a lot better, I'd consider trading some slowly over to HBD as well mainly in case it drops after again. Thing is I've always been under the fear of risk that what if Hive simply doesn't drop anymore. I've seen this happen with other coins and I can imagine many others are sidelined there as well in crypto where they took profits at 100 or even 50k btc and just never got back in because it never dropped to where they expected it to. Sure hive is in a different level and works differently but you never know the future, but some diversification has never hurt more than not being diversified at all.
Either way, hive still has more time to keep inflating until the rewards start getting smaller and smaller in terms of hive. I do plan on continuing to fund projects I'm interested in and have been doing for a while - and not just my own. Who knows, maybe some will allow me to buy up more hive than what I invested at some point and if anything we at least tried to create something new and give it a proper chance with some funding.
Anyway, how have you thought about this? Would you consider stacking hbd or are your plans to mostly go back into fiat with profits you may make and can afford to not spend?
Sending part of the author rewards to @commentrewarder.