I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #457 - Why HBD in Savings Is One of My Four Primary Hive Focuses - GaiaYoga Gardens, Lower Puna, Far East Big Island, Hawai'i - Friday, October 27, 2023
I live barefooted and naked, very close to Earth and Nature, in an 18-acre, off-grid, clothing-optional, food-forest intentional community (GaiaYoga Gardens), way out in the jungles of Lower Puna, far East Big Island, Hawai'i. I love my life, and I'm immensely grateful to live where and how I do, on my own terms! I would not want to live any other way! 😁🙏💚⚡💥🔥✴️✳️❇️👣🌱✨🤙
Warm greetings all! 😁🙏💚✨🤙
I've been talking recently about how my four primary goals and focuses on Hive are to build and grow my Hive Power, my HBD in Savings, my Reputation, and my Hive Multi-Stream Passive-Income Machine, as fast and as much as possible, as to me each is a equally important part of what I am working to create here on the Blockchain. Today I want to go more into exactly why I put so much importance into growing my HBD in Savings.
With the recent price of Hive in relation to HBD, a great many have been converting most or all of the HBD that they receive into HIVE to power up, or to buy other desired tokens. While I definitely understand this, and even did it myself for several months, once I got a clear picture of the truly incredible potential that HBD in Savings has to move us closer to sustainable financial independence, I quickly reprioritized my goals and and daily focuses.
HBD in Savings, like so many assets on the Hive Blockchain, is ruled by compounding interest and exponential growth. With a 20% APR (yes, there is talk about lowering it again, but that is still not decided), and monthly compounding interest, we have the very real possibility of making our goal of financial freedom a reality.
To give you some clear and unambiguous examples of what I mean, let's look at some numbers. 1,200 HBD in Savings would yield 20 HBD in interest every month. True, that's not really at a level where it's super useful yet, but let's continue, as it grows fast. 12,000 HBD in Savings would yield 200 HBD in interest each month, which is an amount that could be very useful indeed in many places in the world. 120,000 HBD in Savings would give 2,000 HBD every month in interest, which is an amount that could be of immense help to people in most places in the world. At 1,200,000 HBD in Savings the monthly interest would be 20,000 HBD, which is now in a range of being able to live off of easily, even with a family, pretty much anywhere in the world, and still continue saving, and easily. Even if the APR for HBD in Savings is lowered back to 12%, at 1,200,000 HBD in Savings the monthly interest would still be 12,000 HBD, which is definitely not chump change!
So that is, in very clear terms, why growing my HBD in Savings became one of my top goals here on Hive. Every single bit of HBD that I receive now immediately goes into Savings, because the faster I can grow it, the sooner I'll be able to reach a level where I can live off of the monthly interest myself, to help others, continue growing Hive, and to help fund important sovereignty-driven projects.
Yesterday morning from 9AM to 10AM, I gave Iolanthe and her brother Elohi their second Spanish lesson, as a part of their home-schooling program. The class went pretty well overall, and I did see some light bulbs of understanding going off in their minds. After finishing with teaching, I returned to the Flow House to write and publish the previous iteration of this post, and to do my best to get my Hive essential tasks done, along with as much catch-up as I could. I receive soooooooooooooo many notifications! I left the Flow House around 4PM again, taking some time first to walk around the property a little to take more photos for this post, and then I putting my focus on doing some paid bamboo propagation for Ano in his nursery.
After finishing my nursery work, I took a shower, made food for myself, got food for my kitten friend, then made my way back to the Flow House once again to jump into my evening round of Hive catch-up and tasks, which took me many hours again, and I still wasn't able to catch up fully...😂 I made myself go to sleep around 11:30PM, thankfully I slept well, waking up around 7AM, and doing a round of token management and catching up on Hive, before finally getting out of bed to go make my superfood fire coffee just before 9AM.
After a bit of a drop, BTC continues its upward march once again. I'm still watching prices closely, in hopes of selling my large holdings of DOGE and SWAP.DOGE, to the buy and power up HIVE. It's now getting close to 1:30PM, so it's an excellent time to end this post for now, so that I may get to my afternoon round of Hive essential tasks, and a bit more catch-up, before going to do some work on the land. I deeply appreciate you all very much! Until tomorrow! Onward and upward, joyfully together! 😁 🙏 💚 ✨ 🤙
All photos were taken with my Motorola G Power Android Phone.
Thank you all so much who have helped me get to where I am today, and allowing me to share more of the beauty and magic from my life and my world with you, and for your continuous appreciation and support! I am truly deeply grateful! 😁🙏💚✨🤙
If you'd like to find me on other alternative platforms where I have accounts (I spend most of my time here on Hive), click on this signature image below to go to my LinkTree page.
If you'd like to send me a BTC Lighting Tip (made possible by the fantastic work of brianoflondon on @v4vapp), just scan the QR image below. 👇
Signature image created by @doze, and the dividers made by @thepeakstudio, with all tweaked to their present form by me.
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Thank you so very much, @dhedge team! 😁 🙏 💚 ✨ 🤙
Great to hear that you are alive and well Tydyn despite your busy days, and well laid out about the benefits of HBD in Savings, thanks for sharing and stay awesome.
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Thank you very much for that, Erik! I appreciate it! I'm grateful for that! You're deeply welcome, absolutely! Happy weekend! 😁 🙏 💚 ✨ 🤙
Much appreciated @tydynrain happy weekend to you too 👍😀
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You're so welcome, Jackie, most certainly! Thank you! 😁 🙏 💚 ✨ 🤙
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The HBD savings interest is super cool.
Sometimes mine is cut short, as I have to withdraw it to take care my needs.
I love it when I get lots of notifications on my ecency app.
Busy bee😊 you achieved quite a lot for the day.
That's awesome 😊
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@tydynrain! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ jmis101. (3/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Absolutely yes, very much so! That seems to be a common problem. The trick is getting it past a certain level where the interest itself is all you need.
I love getting notifications in Ecency too, but dear, I receive soooooooo many notifications! I worked on catching up for hours in the afternoon, and then this evening, and I've been going from about 7PM clear through 12AM, and I'm still not fully caught up! And that's after only a few hours!
Thank you again dear, yes I did get a bit done. 😁 🙏 💚 ✨ 🤙
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That's true.
I totally understand.
Sometimes it can be a lot to attend to.
Indeed it can! I'm still catching up again...😂 😁 🙏 💚 ✨ 🤙
Thanks for sharing these great stats about having HBD in the savings. The more we have in there the more one can sustainably live off from hive.
You're very welcome, @alovely088, most definitely! Yes, exactly! 😁 🙏 💚 ✨ 🤙
Nice one @tydynrain
@alovely088 nominated you for a prize in the draw 😎
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@tydynrain! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ heartbeatonhive. (17/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Thank you so much, Ben! Oh cool! Thank you so very much, @alovely088! I deeply appreciate it! 😁 🙏 💚 ✨ 🤙
You are most welcome too.
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It's so appreciated, brother! 😁 🙏 💚 ✨ 🤙
I am a big fan of HBD savings, getting an extra $100 for time is the easiest crypto to earn.
I'm right there with you, Benjamin, HBD in Savings us truly amazing, and has do much potential! That's awesome on the exra hundred! I'm getting there! 😁 🙏 💚 ✨ 🤙
HBD saving interest is a nice step in the right direction one should think of. I have equally start something in that direction.
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Yes, indeed, it sure is, @oasiskp2! There is huge potential there! I wish you immense success in saving HBD! 😁 🙏 💚 ✨ 🤙
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Yeah, yeah, saving in HBD is another multi stream on Hive. No wonder my 2024 goal is to save HBD
Yep, it sure is, @ijelady, and it's one of the best ways to grow assets that are or will be usuble in the world! That's excellent to hear! I wish you huge success in saving HBD! 😁 🙏 💚 ✨ 🤙
Nice info on HBD savings.
Thank you so much, @amakauz! I'm grateful that you appreciate it! 😁 🙏 💚 ✨ 🤙
You are welcome. Happy new month.
Thank you! Happy new month to you! May it be brilliant! 😁 🙏 💚 ✨ 🤙