I Reach the 3rd Rung of the HBD Freedom Ladder!

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The moment I was waiting for occurred on Tuesday...

Suddenly I noticed that Bitcoin was over $71,000 again, my target price for converting a few hundred dollars worth of satoshi to HIVE, and then into HBD to propel me up the HBD Freedom Ladder!

What is the HBD Freedom Ladder?

I came up with the idea of the HBD Freedom Ladder early one morning in June 2023.

Suppose HBD continues to yield 20% p/a with monthly payouts, how much HBD would I need to earn $2,000 a month in interest, and set myself up for financial freedom?

The answer - if you couldn't guess - is 120,000 HBD.

Eleven months ago, I had just 265 HBD... So I created the concept of the HBD Freedom Ladder with the first rung set at 300 HBD, and the 9th and final rung set at 120,000 HBD.

Here is the original post, with all the rungs of the HBD ladder: https://hive.blog/hive-119826/@hirohurl/the-hbd-ladder-to-freedom

From 265 to 1200 HBD in 3 Months...

Eight months ago my stash had risen to 1,200 HBD, so I put a "notch" in the ladder to celebrate getting 1% towards my target...

1,800 More HBD in 8 Months...

This week, I'm pleased to report, I was able to step onto the 3rd Rung of the HBD Freedom Ladder thanks to the Bitcoin spike, and by selling off some second tier tokens to get my foot firmly on the rung!

The 3rd rung = 3,000 HBD

The 4th rung doubles up: 6,000 HBD and I hope to hit it before the end of the year, and maybe even go one higher...

Here's my video report of this momentous moment!

Onwards and upwards!

Cheers!

David Hurley
#InspiredFocus

Posted Using InLeo Alpha

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wow that is huge and great as well. I am also planning to save at least 6k HBD for now but the journey is going to be long indeed. But the I am sure the journey will be interesting. good luck.

!giphy good luck

!PIZZA

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Hi @bhattg - the journey is hardest at the beginning... it gets easier as interest kicks in. Good luck!

!ALIVE

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Congratulations on reaching 3K HBD in savings! I plan to do something similar to you and try to survive the next bear market from HBD savings... But until now, I hope to accumulate a bit more crypto and sell it if/when it goes a bit more up... I know that it's risky to wait for higher prices, but I do think that we are still early in this bull cycle... we will see... :)

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Thanks @ph1102 - I was waiting for BTC to pop back over $70k... Next month, if BTC gets to a new ATH I'll cash some more out for HBD...

!BBH
!ALIVE

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@ph1102! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @hirohurl. (1/5)

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I'm heading towards 3k, your idea of accumulating a lot of hbd to have great interests seems fantastic to me, I will follow you

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