You are viewing a single comment's thread from:

RE: Power up...or no votes

in Reflections3 months ago

Away for a few days and you post a bombshell like this. Can't say I disagree or rather: good plan! I don't really look at people's wallets so I don't know how many power downs occur, I never did one (at least that I remember). I read through the majority of comments and your replies and this is one that stood out

don't like monthly power ups...daily or weekly is the way to go...it means one's stake starts to work better immediately and that earns more in curation immediately.

Over the past few months I sold almost all of my SPL assets, some I keep for sentimental reasons, some because they aren't worth selling. I'm done with SPL. As a result I had maybe 2000 (?) Hive in my wallet, don't remember exactly. And I was going back and forth in my mind - should I power it all up, should I pull it all out (I bought most of it with USD). In the end I decided to pull out a part into sats (BTC) and power up a bigger chunk on August PUD aaaaaand I missed the PUD deadline, what an idiot 😔. Now I am waiting for Sunday = September PUD.

Then, by way of Azircon, I read your post and saw your comment and now am thinking that makes much more sense, however, I want a big bee! So, I'll be doing a biggish power up on Sunday and after that I'll be done with PUD, will power up whenever I feel like it and grow by using my stake.

Also, to further grow, and eliminate changing HBD to Hive (I'm lazy like that) starting with my last post I changed post payout to 100 % power up. That should help me to one day become a dolphin. That's the plan.

Sort:  

Some wait for monthly power ups but it make no sense to me to lose a month of curation income. Also, a big bee doesn't do anything for me, doesn't mean anything.

It's personal choice though and if you'd like to wait then that's ok too, many do so. I'm on ahive daily so when I have funds I power up (my wallet shows that) and I earn more because of it.

At least you're powering up and not taking everything out like most.