The highest interest rate that is being offered by a competitive bank is 12% for a minimum of 2562 USD deposit fixed for 5 years.
That's really limiting. The fact that you even have to lock it for five years is worrying. The opportunity that comes with hive alone is amazing. Having that 3% inflation added to your stake is unbelievable. HBD APR might be reduced to 15% or 14% later to increase sustainability but it's still better than whatever any bank will actually offer.
So taking advantage of HBD and Hive compounding abilities can help one achieve great returns and their investment goal.
I have tested what the traditional banks have to offer and it's still not comparable to anything hive has to offer. It's mainly just pure exploitation. By the time we begin to see the resurgence of the bull market from mid-next year, you'll see more.
Your video quality is outstanding🌟🌟. I am curious if it is the type of phone or the setting of natural light or ring light or a combination of all three that is making the amount of detail in each pixel stands out!
I use an iPhone 12 and I make use of natural light and artificial light in my ring light. I also have a post processing app to fine-tune the video
Oh, so it means one can take advantage of the 20% now. True 14-15% will still be better since it will be a fixed interest rate unlike for banks which is variable.
Mid-next-year? Hmm, I am grateful that @joetunex introduced me to Hive while it was in the bear market. I better push to at least be a newbie dolphin by mid-next year!🙂
Awesome combination! The results speak for themselves.
I am thrilled by your approach to Hive, not everyone sees the potential and opportunities Hive offers. Keep building Humbe, Hive is a compounding beast, it only needs time to appreciate, those that can be patient will be the winners.
Thanks Joe for the motivation!😊
I like that this is coming from real experience and you guys have witnessed the highs and lows of hive. I will keep pushing indeed!
Real experience indeed.