The Best Time to Stack
I realized I had crossed 7k in Hive Power powered up after by last reward claim. This is pretty remarkable for me as I was struggling with 1k as at the beginning of last year. The funny thing is that it could be more if I didn't deliberately hold a significant portion as liquid HBD which I put into savings to earn that sweet 20% APR (I mean, who can resist?).
The same goes for my LEO assets which is on the verge of hitting 5k powered up from virtually nothing last year. These feats are remarkable and make me appreciate growth and what one can accomplish with a bit of consistency and delayed gratification. I realize am not in eureka yet, as these tokens are worth only a fraction of what they could become, yet having done my own part to significantly benefit from the expected boom, I feel fulfilled.
It is also important to note that times and seasons are quite common with Hive. By this time last year we were experiencing relative booms and getting set for an All Time High. There was significant activity around the community and earning Hive was scarce. What was instead in play were liquid HBD rewards which took a significant portion of payouts.
Now things have turned and HBD rewards have reduced significantly. Most of the activity rewards now come in form of Hive power due to the drop in prices. This means that even the platform wants you to hold more Hive at this point and in return you earn significantly more Hive. Whatever your reward preference, you need Hive (and powered up for that matter). Declining activity also means this is an opportunity to earn more.
Of course no one wants to stack an asset that will end up being near worthless. I always say if we were given a specific timeframe for instance when Hive will blossom, we'd have significantly more users. It is the uncertainty that makes people skeptical and reactionary to price fluctuations and the crypto space this year has not helped matters much.
#Conclusion
Yet one must continually try to identify genuine value in crypto which isn't so difficult to see once we can get past the price euphoria. Crypto is a long term project and we must keep reminding ourselves of that. it means more long term projects should form the bulk of our investments as we seek to significantly benefit in the future. Stacking has never been easier and Hive is a long term project to consider. Come hell or high water, am sure we'd still be here next year.
Posted Using LeoFinance Beta
This year has been your year in terms of content creator, you have evolved a great one!
Thank you Eddie. I still don't see myself as really good but I certainly try to get my articles out there daily whether I feel they're great or not. Consistency and effort is my new mantra