What to do with 400 HBD?
A few weeks ago I decided to start accumulating a balance to buy 100 Chaos Legion Packs (and earn 10 extra ones), but a lot has changed since then. And the amount I would spend buying the packs would be 400 dollars, that is, 400 HBD.
Now I have some doubts about how to allocate this money and after reading this post feel free to give your opinion on what you think is more viable for the moment.
Buy Chaos Legion Packs
Currently each pack costs 4 dollars (if you buy directly from the game, and with that you are entitled to an airdrop draw, or currently 2.75 dollar if you want to buy just the package without the airdrop), and if you want to have the packs extras of a large purchase need VOUCHERS. As I would like to buy 100 packs I would have to spend 10 vouchers (what I have left I currently have around 16).
In other words, 100 packs + 10 vouchers would cost approximately 420 dollars. On the date of this publication, the price of the Voucher is around 2 dollars.
So, the strategy would be to open the 10 extra packages and keep the 100 to hold and maybe make a possible sale 1 or 2 years from now.
It might not make such a big profit, but in the worst case I would open the packs and strengthen my team, which currently has just over 90,000 Power.
I am a supporter of the 'bitcoin is not sold, it is only bought'. So seeing the price currently hovering around $39,000, I believe it's a considerably low value (even though it could drop even further). I believe that buying at this price would not be buying at high, having as a parameter the same time span of packages from 1 to 2 years.
Buy and save HBD
With the change from 12% to 20% of the interest rate on the HBD savings account, the possibility of allocating the 400 HBD and withdrawing the interest monthly became very attractive.
A reward of 6.666 HBD per month would bring 80 HBD (20%) in the year, and I start to wonder if this would be a better investment than the others mentioned above (obviously disregarding the exchange rate, since in my country the currency is the BRL and not the USD).
I'm also not doing the exponential math of adding the 6.666 HBD every month to savings to get a better view.
To have the same result as the HBD savings, the value of bitcoin would have to rise from 39,000 to 46,800, which I believe is not a difficult price to achieve.
As attractive as the passive income of HBD savings at 20% is, it is possible to believe that in 1 year Bitcoin can reach 50,000 and with that reach a high of 28%, making it worth more than the one delivered by HBD.
And the 100 packs of the Chaos collection would be a non-passive income since I can open the packs and test my luck...
What do you think would be a better option? I would like to hear your opinion.
Posted Using LeoFinance Beta