50/50 or PowerUp everything?
One of the biggest questions I have been asking everyone is if they are doing 50/50 (50% Hive Power and 50% HBD) rewards or like to power up everything.
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The last year had been brutal for crypto markets, we saw multiple projects going bankrupt and it tanked the market even more. But this month is all green for the crypto market. Bitcoin is up more than 30 per cent. Hive has performed even better than bitcoin this month.
We might see some pullback after this amazing rally. But the question remains, do you want to 100% power up your post rewards? If you have done so in the past rather than saving it in HBD, your wallet would have been worth more now.
But you won't have the liquid rewards to play with the market prices. I have been stuck between the two for a long. I have even done 100% powerup to a couple of my posts recently but I want more liquidity so, I am still doing 50/50.
It will allow me to get more second-layer tokens... I never focused on tokens other than Hive and HBD, but I want to be more diversified in the network. I want to increase my leo power and SPS stake. I need more liquid rewards to buy each of those as well.
I was hesitant to go for 2nd layer tokens after losing my investment in a game. I won't name it but I invested around $100 worth of Hive and their token prices got dumped after a few months. Well, I learnt my lesson and now I will diversify more and not go all in on any one token or project.
I bought some SPS the other day and staked, bought a few LEO, powered up and delegated to @india-leo. I recently bought a few IUC tokens as well. I will increase my holding on each of these little by little. I will be using my Post rewards only and not thinking about powering down or anything.
Let me know which tokens you hold on your hive engine and are you also doing the 50/50 approach?
Thanks for reading...
Until next time...
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BRO token is another one that is doing really good man!
Personally I'm using the liquid HBD to put into savings, I want ro reach one point were I could earn 1$ at day from that saving money, that would be really awesome!
Yes, I have heard about this too. I will add it to my bag as well. Thanks
I think it really depends on everyone's goal, if Hive is a long term investment or just a way to generate some monthly income, in my case my account is very new and may take months before I start making any substantial Hive for me not to choose power up 100%, I plan on buying more as long as its under $0.50, thx for sharing 👍
I bought Hive at 1.5$ last year... it is dirt cheap man. I feel Hive's value is at least $1 and we are getting a huge discount for sure... that's why the conundrum of HP vs HBD hehe.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
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This post received an extra 1.26% vote for delegating HP / holding IUC tokens.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
I'm very much with you on this Prav. I'm somewhere in between. I mainly do 50/50, as I need to buy liquid Hive and Leo for my goals, but at least once a week I do 100% HP. I've noticed I often get bigger rewards with 100% power up. I guess we all need to find a balance that works for us.
As for the lost investments. Let it be your valuable lesson. I learned many of those and lost £7k last year in crypto. It nearly broke me, but I learned and I'm back wiser ;) 💙
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I will be doing more 100% power-up.
Damm £7K... But we either win or learn, and you learned. Now look at you, full of energy. Did I ever tell you I am proud to be your friends? 😉
Thank you for being part of my hive family.
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Aww 🥰 Bless you Prav. Thank you so much. I love having you as my friend too 💙
It was touch and go for a little while. I was so depressed I didn’t even wanna do things in my garden and just laid on the sofa stressed and anxious. Had to get antidepressants from my doctor in the end 🙈
But yes, thanks to many of my friends I pushed through this wall and Im alive and bouncing around 😂 One day I’ll be #fantawhale like queenie calls me 😅