Next year I want to take some time to travel during the summer. I'm pretty frugal so it pains me to spend a lot of money I have sitting in a current account all at once and see my balance take a tumble. In order to avoid going through this troublesome experience, I decided to make some changes. For my next trip, I will only use whatever I have in my HBD savings.

The plan is to spend around 1,000 USD next year so every Monday from now on I will try to put 20 HBD into my savings this way I can slowly save up the amount I need without having to think too much about it. We are less than one year away from my next trip but since I already have some HBD in savings that will help make the difference caused by my delay. The best part is that I should earn around 100 extra dollars because of the 20% APR on savings.

I usually prefer to hold crypto because of the price appreciation potential but I think this bear market might last until 2024 so I want to be sure I can have enough money to enjoy some traveling without having to sell any of my cryptos during the bear market.

Lack of liquidity

Selling a lot of HBD isn't such an easy task but we're only talking about 1,000 HBD which should be easy to sell on the internal market. In case I can't offload it there I can always turn to either CUB or Polycub and swap it in a blink of an eye.

How will I turn the HBD into USD?

This part is quite easy all I have to do is turn them into Hive, send them to Binance, and then convert them into BUSD. My Binance credit card will automatically use the BUSD sitting on my account so I just have to bring my card. Most places nowadays accept Visa so it should be fine. I will also take some cash just in case.
To make things even better my Binance card offers a 2% cashback in BNB so I will be able to get some free BNB while I enjoy myself.

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