How Do You Spend Your Hive/HBD? .:. Hive Humpday Hangout Ep.28 (Wednesday, September 4th, 4 PM UTC)
I'm aware that the HIVE price is pretty low, the lowest in the last 3 years, but we have to live from something, meaning we have to take profits occasionally and spend it somewhere... As I depend a lot on my crypto earnings, I had to build different income sources inside the crypto ecosystem... All that means, DeFi (liquidity providing), a bit of trading, staking rewards, a bit of airdrop "mining", and of course, stuff on HIVE like content creation and curation...
Having a diversified income portfolio, even in some bad times (bear markets), I'm able to have earnings that I can use for some everyday stuff and spending... The easiest example for that could be HBD interests that you earn by locking up your HBD... Those interests are "paid" in HBD, which is equal to the value of the USD... That means, that even in the bear markets, you have USD income that you can spend, and you can leave your crypto portfolio on the side, waiting for better times to sell... But, that will not be the main topic for the #HHHLive show on Wednesday...
Created in Canva.com
In the 28th episode of the Hive Humpday Hangout, we will talk about the ways to spend your earned HIVE/HBD... The starting question is, of course, Did you spend any of your crypto on something? From that point, we could go deeper into it and if you want to share, we can talk about what it was and how you "funded" the purchase...
For example, I have mentioned in some of my previous posts that I have paid my #HiveFest ticket with my author reward payments in HBD! Yes, it is a digital payment, but still, with that payment, I have paid for the whole event, food, excursions, presentations, etc. As I'm in crypto a bit more than on HIVE, I have spent some of my earnings paying things for my everyday living with different debit (actually they are called "prepaid") cards... My first was a Wirex card, after that, I had a Binance card, and today, I'm using a crypto.com card for paying stuff... They don't have HIVE or HBD as supported coins, but I can exchange them and move funds like that...
So, let's talk about spending money at the moment when crypto doesn't do so well... :) If not about the past purchases, we can talk about some future plans of spending HIVE/HBD, or crypto in general... Also, we can talk about the WAY how you spend your crypto as that is always an interesting topic... We had a similar show, but things are changing and it's nice to have updated information...
Do you pay for things with some crypto cards? Do you exchange crypto for fiat and send it to your bank account? Do you sell crypto for cash? Do you use V4V payments? Or do you pay for goods and services directly in HBD? (that would be great to see happening as much as possible!)
How was it in the last show? We had the first show after the one-month break last week and it was great to hang out with the gang again! As it was the last Wednesday of August, we had that already-known Special Edition show and talked about different things... From HIVE to vacation, and more... You can check it out in the Recap of HHHLive post...
For all the participants, there are some LEN tokens for attending the show, and some special rewards (in Ecency POINTS) for those who were the bravest and came on the voice during the show!!! Don't forget that NOBODY is obligated to talk in the show, so you CAN come to listen and engage with others in the text chat... 😉
What steps you should take now:
- Join Ecency Discord here
- Check out your local time for the event at the top of the Ecency DISCORD side menu
- Click on the chat-voice channel on Wednesday, 4:00 PM UTC (check your local time here)
- Follow the event-chat channel during the show and engage with others!
- Share the buzz about the show on Ecency Waves and InLeo threads using the tag #HHHLive and be rewarded with upvotes!
Or just click on this link to lead you directly to the Event announcement, where you can see all the info!
If you would like to discuss a certain topic in future shows, please let me know in the comment section... See you soon!!!
Thank you for your time,
--ph--
Inviting people who asked to be tagged in the announcement posts: @borniet, @chinay04, @chocolatescorpi, @dantrin, @duskobgd, @felixxx, @foxkoit, @ganjafarmer, @gwajnberg, @incublus, @kvinna, @manclar, @melinda010100, @mell79, @mengao, @mypathtofire, @nabbas0786, @palomap3, @rafzat, @travoved, @yummycruz1. If you want to be reminded about future shows, please ask to be added (or removed) to this list in the comment section!
Check out these links to the previous shows:
| Episode Number | Title | Link |
|---|---|---|
| SE08 | The Gang is Back, Breaking the Limits | Link |
| SE07 | Ecency Waves, HivePower, Splinterlands, HiveFest, LPs, and more! | Link |
| 27 | How Hive Proposals Work? | Link |
| 26 | Content Creation Experiences | Link |
| SE06 | Education, Traveling Ecency Spoilers, Hive elephants... | Link |
| 25 | Why Did the Hive Price Drop? | Link |
| 24 | What Do We Expect From Hive and Crypto! | Link |
| 23 | Aachen Meetup and WorldMapPin Talk With @detlev! | Link |
| SE05 | Usernames Origins, Age, Early Retirement, Crypto Portfolio, and more... | Link |
| 22 | Helping Hive to Thrive | Link |
| 21 | Make Yourself Uncomfortable (on Hive!) | Link |
| 20 | First Excursions Out of the Comfort Zone | Link |
| SE04 | BuzzParty Impressions, Weekly Recap, Bonfire | Link |
| 19 | Ways To Buy/Sell Hive! | Link |
| SE03 | Foods, Crypto Research, Education, Predictions | Link |
| 18 | Best Tools For Content Creation | Link |
| 17 | Consistency and Adding Value | Link |
| SE02 | After Show Show | Link |
| 16 | CBRS Philanthropy Chat With @minigunner! | Link |
| 15 | Profit Taking Planning | Link |
| 14 | Ecency/Hive Chat With @good-karma! | Link |
| SE01 | Relaxed "Exclusive" Session | Link |
| 13 | Writer's Block and How To Overcome It | Link |
| 12 | Hive-Engine Tokens | Link |
| 11 | Hive Guidelines for Newbies | Link |
| 10 | NY Resolutions and Creating Hive Goals | Link |
| 9 | How Was Your (HIVE) 2023? | Link |
| 8 | Presenta tu comunidad - ES/EN Show! - Part 2 | Link |
| 7 | Present Your Community - Part 1 | Link |
| 6 | How to Start on Hive? | Link |
| 5 | Do You Upvote Quality Posts? | Link |
| 4 | Genuine? Authentic? To be or not to be? | Link |
| 3 | Hive Power, HP Delegation, HivePUD... | Link |
| 2 | Hive Meetups, HiveFest, HiveBeeCon | Link |
| 1 | Pilot Episode (Aired 2023-10-18) - The Vision | Link |
👉 Vote for Liotes HIVE Witness HERE 👈
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
Indeed, $Hive may not be at its best price right now for selling to finance necessary expenses, but on the other hand, it’s a good time to build and grow one’s stake. So, there’s a bit of consideration to be made when deciding on the current market trend.
On another note, HBD is quite impressive at the moment. It’s performing reasonably well in terms of its intended stability. Although it's not perfectly stable, the HBD Stabilizer is doing its best to maintain the peg. I think HBD will become even more attractive in the coming months as adoption grows, and its APR is much better than that of other stablecoins. I believe more people will stake HBD as the price of $Hive recovers soon.
Your post was a great read, thanks for sharing!
!INDEED
👍
It's interesting that exactly that topic was in the last post by @dalz, which you can check out here: https://ecency.com/hive-133987/@dalz/what-is-causing-the-additional-hive-inflation-in-the-last-months-where-does-it-comes-from
Check it out!
The HBD price performed phenomenally! but who paid the price of that? :)
Noted. I will check it out 👍
Good discussion! I have actually been using my Crypto these last few months as a top up so that I could spend more time making music. I sold a bit of Hive when it was around the $3-4 mark and had some bitcoin anyway and have been spending some of that on a crypto.com card. Not the absolute best price (though who knows when we'll see that again) but the timing was right for me personally and I decided it was ok to spend some of it in this way to support my lifestyle.
Keep doing what you do!
That was a helluva great move! That should be the right way to do things... Sell when everyone FOMOing, and eventually buy some back when we are down... The rest is pure profit... ;)
Thank you very much!!! Appreciated!
It was an ok move. Some of the Hive I actually bought at that price or even higher. Plus some I earnt in various types of rewards and things on Hive. It was a pretty ok price to sell at for me at the time though.
Enjoy HiveFest!
It's good that you have a Wirex or Binance card. Never think to have one for now 🤔. For me, it depends on the situation, I might buy some token that I already have or just withdraw it to binance. It has a lot of options from buying a voucher game from the binance marketplace and selling it or other things that I can resell 😂. !LOL
The problem same as yours: "They don't have HIVE or HBD as supported coins"
USDT and FIAT real money are way more acceptable in some places.
One thing to be sure of is that I'll always grow my HP for the future. !PIZZA
lolztoken.com
An abra-cadaver.
Credit: marshmellowman
@ph1102, I sent you an $LOLZ on behalf of cursephantom
(1/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP
I HAD those two in the past, but not anymore... Currently, I'm using only crypto.com card... I stopped using Binance when they became much stricter inside the EU... And the card stopped working, so I completely left Binance...
haha same, left binance and use crypto.com
previous cycle bought BTC and ETH from earnings :)
I used to buy Splinterland cards in the past, but now I just throw it into HBD savings or save the Hive for HivePUD or some HE tokens.
You are in the full-accumulation mode! :)
I'm trying to get out of that mode slowly... but, mainly, I'm doing the same... 😃
I bought some HBD after the last bull run, nowadays I just take that HBD to sort out some personal
expenses
That was a good play! Sell high, buy low, and spend what you sold high on days when the market is down. :)
I'm still all in on growth 💯 Perhaps when I get a little larger stake I may take some profit when Im satisfied with my HP but not via a power down.
That's what I'm planing to do... take some author rewards, and maybe some divs from HP delegations... No power down!! 😃
Right now I don't know how to take funds out or add funds in. I'll figure it out when I decide to do either 😁 Until than grow with what Hive provides.
View more
I think it is still eaely for me to spend my HIVE/HBD. I have been here for more than 6 years, perhaps after completing 10 years with a satisfying HP. However, I don't consider to spend HIVE when its price is this low.
Well, tbh, I don't plan to power down ever! The idea is to delegate part of the HP, and maybe cashout from the dividends/profits of that delegation... In that way, I don't have to power down, but I still can take some profits... Of course, at this moment, it would be ridiculous to sell HIVE, but you never know...
I am actively trading USDT to get more Hive liquid
It is a great time to stake and diversify one's portfolio with second layer tokens on Hive blockchain
Peace
Thanks for sharing! It's good to accumulate and get more tokens by trading!!!
I was just look market , Hive was fall 0.15 cent , I hope you all buy now 👌👌👌👌☕☕☕☕🍦🦊
I sell when I need it , thats all.
THe topic is more about consuming, which isn't just simple selling... See you shortly!
To be very honest, I have used my crypto earnings to do meaningful things in my life and also support my business but now that the price is very low, it is not advisable to sell
It’s better to wait a while before we can take profit
Thanks for sharing...
Yes I have! See you later!
!LUV
@ph1102, @relf87(4/5) sent you LUV. | tools | discord | community | HiveWiki | <>< daily
Thanks for attending and actively participating!
🎉 Upvoted 🎉
❤️ @bhattg suggested sagarkothari88 to upvote your post ❤️
Thanks for your curation, @bhattg! Appreciate the support!
$PIZZA slices delivered:
@cursephantom(2/10) tipped @ph1102
(2/25)
@ph1102! @curamax Totally agrees with your content! so I just sent 1 IDD to your account on behalf of @curamax.
Hello ph1102!
It's nice to let you know that your article won 🥈 place.
Your post is among the best articles voted 7 days ago by the @hive-lu | King Lucoin Curator by szejq
You and your curator receive 0.0056 Lu (Lucoin) investment token and a 4.71% share of the reward from Daily Report 411. Additionally, you can also receive a unique LUSILVER token for taking 2nd place. All you need to do is reblog this report of the day with your winnings.
Buy Lu on the Hive-Engine exchange | World of Lu created by @szejq
STOPor to resume write a wordSTART