Adapted my strategy and going all in on Hive by converting $7000 HBD

While the HBD Savings APR was standing above 12%, my strategy was to use the monthly interest to diversify my investments in order to balance the declining Hive price. Now the APR decreased to 10% and this is not anymore compelling to hold my assets into the HBD Savings as the interest isn't big enough to make this strategy matter. So I will adapt and simply without the HBD that I have into Savings (somewhere above $7,000) and will be converting it into Hive. While Hive is looking to find its feet and improve the tokenomics, I am betting that when the crypto market will turn around and the hype will come back, Hive will get a boost as well. And at that moment I will be taking some profits expecting x2 or x3 from the current prices. That's realistic in the context that Hive will not go penniless and at least hold its ground until the market will turn around.

Is this a good strategy? I am not sure about it, but for me it just make sense as the Hive price is quite low at $0.05 and that HBD Savings is not compelling anymore. I could withdraw the funds and invest it in something else, but I want to give a last change to the Hive blockchain. I haven't taken out profits from this ecosystem, so I am betting that the next bull run will increase Hive price as well and make this a good investment. It has a lot of risk, but I think that it can happen. So no more HBD going further and I am just all in on HIVE.

Usually when everybody is running away, that's the best time to bet against the wave. And for me that will be Hive at the current low price. When everything seems to be on the brink of collapse and there is no saying when the downfall will stop, I will take my chance and bet against it. There is the possibility that the ecosystem will continue to stagnate or that the broader market will take much longer to recover than many of us expect. That's a risk I'm consciously accepting.

What gives me confidence is that most of the bad sentiment already seems to be priced in. Activity may be lower than it was during the previous bull market, but the blockchain is still running, the community is still building and developers continue to improve different parts of the ecosystem. If those fundamentals remain intact, then a return of market liquidity could easily push Hive well above current and previous bull run levels. And the next hype might catch us in a better shape than before and who knows how high the reverse trend will push it. But that's a "big" unknown...

My plan is very simple. I won't try to perfectly time the bottom or the top. I'll convert my HBD into Hive, continue powering up, remain as active as I can on the platform and patiently wait for the market cycle to do its thing. If Hive reaches my target, I'll gradually take profits instead of repeating the mistake of riding every pump back down. Time will tell if this decision was the right one, but every investment requires conviction. Today, my conviction is that Hive offers a better risk-to-reward opportunity than leaving my capital sitting in HBD Savings at a 10% APR.