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Sad part is that you cant use your HP while being on Binance. But you get better return over there so understand why people do it
There's this part about not leaving it in HP, but the good thing is that the APR is very high, so if I can leave some of it there, it will yield a good return. And if the price of the hive goes up, it's a good idea to sell it too.
2/ Then I leave it in earn, if it goes up considerably I sell it for USDT and if I'm not mistaken there's earn for it too, the hive goes down in price, I buy it back in hive and leave it in earn, so by making these exchanges I'm increasing my amount of hive there.
Let it run and if the price goes up, exchange it for usdt for example, when it goes down, buy back hive and that's how you do the infinite money morning haha
If everyone on HIVE is willing to sell out to Binance for some APR then we will be left with a ghost town in here, anyone think maybe this is what Binance STEEM and Justin Sun want you to do. lol just kidding If i weren't banned there I would send a bunch over too.
So, if I was just taking and throwing everything at Binance I would agree with you, but what I left there is little, I just sent 57 hive to binance. In the last 30 days I've made 584 HP of author rewards and many PUs...
Yeah only stake what you are willing to lose, never put all your eggs in the same basket.
that's exactly what I think, it's always good to diversify and not to mention that the idea is to leave it there and try to make trades when the price of the hive goes up, so I can "increase" the number of Hive in the buyback and then send it back here.