Hello Hive Fam!

Bitcoin is a very popular asset in the world of cryptocurrencies, and people follow different investing strategies to invest in different cryptocurrency coins. Some people do trading and try to make some profits, which I think is a very risky method. This is my thought, whereas I know that people are also making a good amount of money which means they're good at it. People also do short-term investing in crypto, which is another risky investment strategy. I believe that investing should be for the long term, and it has lower risk and a possibility for higher profits. Generally, we gain profits from investing when value appreciation happens, and this is a traditional method.

Recently, I got to know that HBD is a coin on this platform that offers 15% APR, and it is fixed. So, those who do not know about this coin, I want to mention that it is a stable coin following the value of the US dollar. This is a stable coin, but it's not like many other coins known as USDT or usdc because those coins are managed by some. HBD (Hive Dollar) is a decentralised stable coin which is USD-backed, and when keep this coin in the savings, it generates interest.




![image.png](https://files.peakd.com/file/peakd-hive/finpulse/EoeLCc8f5FEq9VnXK16APANC6hASgNQAV3AZpsd5p7TuRsxXzXa9JxNBTsxfsAMi8VR.png)

Hive Backed Dollar offers 15% interest, and this is fixed, so we do not need to worry about the coin price fluctuation and also no change on this APR unless its decided by the witnesses. I heard that this percentage was 20% some time back, and that also stayed for a long time, but I have never seen it because at that time, I was not part of the platform. Currently, banks are paying somewhere around 5 to 6% interest on deposits, and keeping that in mind, we can calculate how fantastic this APR is, which is 15%. It's like we're earning two and a half times off generally what we can earn with the bank deposits, and that too being in the crypto market.

![image.png](https://files.peakd.com/file/peakd-hive/finpulse/EoH5BEbEaoWQX5QGiafrpv1taJUVWYR6UdKALaN6BgqkWqQSeRhBczacxTniCkjhezN.png)


It's a fantastic way to generate some passive income by investing in HBD, and the lock-in period is only three days. Because it offers three-day lock-in periods, its not a long time, which is another good part. Binance was paying great APR on Hive till last month, if I remember correctly, and now its gone down. The exchange also had no lock-in period, and one can withdraw their coins anytime. 

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I am trying to add some balance to my HBD savings slowly and will continue to grow over the period of time. There are multiple things I'm trying to build a holding on, and apart from HBD, Hive power is also my focus. In a nutshell, if you're looking for an option where you don't need to worry about the price fluctuation and can get a fixed reward, then HBD is for you. If you're ready to take some risk with the price fluctuation, but note that this can also bring a greater opportunity for you to benefit when the price appreciates, then Hive is for you. When you stake hive, it becomes hive power, and you can earn curation rewards between 8-10% but it varies depending on many factors. 

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Image courtesy:- https://hive.io

Posted Using [INLEO](https://inleo.io/@finpulse/discovering-hbd-on-hive-a-safe-haven-for-crypto-earnings-with-15-apr-2pp)