A great time to stack.
$BTCmight have had a good week but the overall crypto market has been very sideways for a long long time. All of the hype about altseason has yet to materialize and Hive has moved once in the past year before falling right back down to it's 25c mark give or take a few cents.
So what else can we do other than keep buying more and more crypto.
Specifically more $HIVE. I've moved a few of my smaller assets to binance and sold them for hive as well as putting more fiat into the token when i can. Unfortunately or fortunately depending on your point of view I got married last week and that sucked up a lot of my funds for the past few months.
Despite that I've added a good few thousand to my Hive position and will be taking full advantage of Binance earn until the crazy APR runs out.
It's been running between 15% and 50% for a couple of months which is a huge return on investment for a token that we all know and love. Other people might not want to jump in since they don't know what the coin stands for but I do.
It takes a lot of blogging to make those returns even if nobody can figure out why we are getting this huge bonus and still the highest return on the binance site??? It's crazy really.
Edicted had a few theories in his latest post here,
https://peakd.com/hive-167922/@edicted/binance-50-yield-on-hive-3tn
But even one of our resident experts can't fully put a finger on the answer though he does offer some interesting theories.
Principal-protected Products.
Earn rewards on principal-protected products.
Please note that while the principal amount of the digital asset is protected, the fiat value of digital assets are subject to price volatility. These fluctuations may affect the value of digital assets.
Binance says that the Hive is protected. Now we all know how much trust to put in these promises but they are now a heavily scrutinized company that want's to stay on the legitimate side of the law so i don't see a repeat of the steem/tron saga from back in the day.
And when it's all said and done i'll move all that lovely HIVE back to it's protected place onchain and have a lot more stake to influence our future.
Who knows. We might even have a few pumps along the way to bring up the overall value and interest in the eco-system.
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you got married? congrats!!! 😅
Thanks.
Just got married last weekend.
What’s really special about HIVE is that it’s not just a digital currency, but a whole ecosystem with an active community and fresh content and this makes its real value much more than just price speculation.