3.94% HIVE APR Is A Big Deal

Above is the HIVE Real Time Wallet Dashboard developed by @nuthman and is one tool that I use daily. What I find fascinating and why I nick name this tool the HIVE Petrol Pump is the numbers are constantly changing every 3 seconds. This is down to the block times being processed with the APR being continuously processed and why your staked HIVE Power is always growing. If you have not checked this tool out before I suggest you take a look as it is kind of mind blowing seeing how your stake grows organically behind the scenes.

Currently the HIVE APR is sitting at 3.94% which is the highest I have ever known it as it was always around the 3% region. The difference the extra .94% is having is big as there is more HIVE being printed so I am not sure if this is a good thing. I know in my other crypto investments the APR decreases when more coins are staked so if HIVE has an APR nearly 25% more than normal does that mean we have less HIVE staked? I am not sure if this is how HIVE works or it is just a way of how the HIVE system combats the debt ratio.

Just to understand the difference in the increased APR has on your stake do the maths using 3% and 3.94% and the difference I am earning is close to 5 HIVE every single day. This is large growth which is all being compounded over a period of time along with all the other rewards you are earning. This is a serious growth time for any HIVE account that is staying active.

You often hear about others who have gone inactive due to the HIVE price and this is because they do not understand how things work. The best time to grow is every day however when the price is high your growth does slow down and when it is low like it is currently you grow far quicker. This tends to even out over time as long as you remain active and not just when the price is at a decent amount.

I smile every time I read someone saying the bottom is in as we all know we are not done yet and this is all part of the fun.

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I understand the current HIVE price and the rest of the crypto portfolio is a little depressing for now and is not worth thinking about. One has to remain positive which is not that hard to do because we know there will be an upside and the current situation is only temporary.

If you earn 10 HIVE today at $0.07c and earn 10 HIVE in 3 years at $1 each it is still 10 HIVE and the $0.07c HIVE you earned today has now become $10 worth. That may sound obvious for most of us but then I guess for others it is not so clear cut and doing the numbers for them was never a strong suit. All we can do is control the controllables and that is to remain active which we enjoy doing anyway as nothing has changed.

Posted Using INLEO