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RE: Tokens report

in The CTP Swarm2 years ago

Hi Mark,

Good for you for making a plan and reviewing your progress. You don't want a plan to be too fluid. !lol

I find it valuable to review the order of vision, mission, goals, strategy, objectives and tactics. What do you want and how are you going to get it. In your case, it looks like staking up to a desired level is your objective. Have you answered the question, why am I staking any particular token? Is the goal staking or are you staking to achieve a bigger goal?

For example, when I first started on Hive in March, I noticed a lot of people enticed to staking #Leo so I went along with the masses. It was part of my learning curve on Hive. As I accumulated to 1,000 I addressed the concern of why and how of staking/unstaking tokens. Today, I have unstaked all 1,000 leo and sold 700 and transferred 300 to pept. So I have taken some profit and reallocated funds to other strategies while keeping some for long term growth. I believe leo will be up again but I don't want to be holding to much of a declining asset that I can buyback later at a lower price. If you hold a declining asset it can be viewed as a lost of buying power for another asset.

I like to look at the future and answer a question. For example, say I would like to have a steady inflow, like 1 swape.hive daily starting in August. Then I work back to figure out how the swape.hives will be generated. Like holding x amount of BBH because it pays out swipe.hives as weekly dividend. I don't want to put all my eggs in one basket so I have to come up with a strategy to mitigate risk along my journey.

Hope the share helps.
!ctp
!bbh
!luv
!alive
!pizza

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I agree with you @fjworld
I made a plan relatively quickly, I need to look at many aspects
CTP is my main token
there's ctpx, ctptalk and that's where I'm currently most active
Of course there are listnerds

I'm finishing - I'm leaving some projects, so that will give me more free time to analyze where I'm going

We have a saying here that in order to make money on eggs, you have to be constantly present
That's why I said five and it will probably be ten
You just need to carefully assess the percentage of how many tokens you should hold
!CTP
!BBH

@fjworld! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @markone85. (1/5)

@markone85, @fjworld(1/10) sent you LUV. | tools | discord | community | HiveWiki | <>< daily

Type ! help (no space) to get help on Hive. Info

Made with LUV by crrdlx

I agree with you @fjworld
I made a plan relatively quickly, I need to look at many aspects
CTP is my main token
there's ctpx, ctptalk and that's where I'm currently most active
Of course there are listnerds

I'm finishing - I'm leaving some projects, so that will give me more free time to analyze where I'm going

We have a saying here that in order to make money on eggs, you have to be constantly present
That's why I said five and it will probably be ten
You just need to carefully assess the percentage of how many tokens you should hold
!CTP
!BBH

@fjworld! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @markone85. (2/5)