Hive is one of the best platform for all those investors who wants to invest their money because they can earn a good passive income in multiple ways.
One of the ways where you will earn good income is to buy Hive and go power up where you will earn around 11% APR by just curating contents and also you will get inflation rewards.
Similarly the next way is that you can convert your investment into #HBD and then stake your amount where you will get around 15% APR.
Also there's a third way that you buy other hive tokens that will offer you different APR profits.
One of the best investment which I will prefer is to invest in HBD which will give you a good passive income of 15% APR which was recently around 20% APR.
By the decision of witnesses they lower the APR interest to 15% and still it's good and better than local banks where they offer less APR than HBD.
Also a good thing about Hive-backed-dollars is that it's a kind of stable coin where the price will not fluctuate and it will not give you any kind of loss.
Also, on the other hand, you will also not gain wealth because it will not give you wealth profit, but it will keep on giving you passive income from time to time.
Recently the APR was around 20%, but by the decision of witnesses they lowered this APR to 15%.
Now the question may arise to many of the hive users why this has been lowered.
According to my knowledge and experience, it has one major benefit.
If they do lower the HBD APR, the price of hive will surely have an impact and its price may increase because many investors will move towards hive. This will help the price of hive to go upside.
What do you people think about investing in HBD? Will it be profitable? Will you agree with my thoughts? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
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