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This post is not financial advice. If you decide to follow what I am doing, you do so at your own risk.
I recently put a little crypto into Hive. I needed more Hive power and , teaser, I am working on something. More on that coming soon. I put funds into Hive from TRX. I kind of forgot about that wallet. Last time I checked TRX was worth 2 cents and it went up to 20+ cents so I exchanged it for LTC and deposited it into Hive-engine. I may do that again with about $200 worth but some of those funds may go to other things.
This allowed me to delegate 1000 HP to EDS. I have a token goal of 100 EDSI and that 1000 HP delegation should help me reach that goal without needing to buy more tokens. 1000 HP delegation should be enough to reach that goal.
Right now, staked tokens let you claim HSBI units. At the moment I claim 2 per week but if I had a million CCD staked I could claim every day.I am slowly increasing my HP delegation to @cryptocompany to earn CCD tokens. I have no official goal here well-kind of. My first goal is to receive enough tokens to get the max upvote everyday. They have a manual curation service where you can spend tokens for votes. I am more than half way there. Once I achieve that goal then I will likely start staking more tokens.
I have more thoughts about that I will get into in a separate post because my strategy moving forward is multi layered.
I am also getting more involved in the CENT pools. I am checking those and adding more tokens almost daily right now but I will slow down that pace eventually. I am just using tokens I am generating to put in the pools at this point. I am simply swapping some tokens out as needed.
All in all I would love to have 4200 HP by the end of the year. for this account I wasn't sure if this was achievable but with me putting in my gains from another chain into Hive this goal is a lot closer than I thought. I need less than 1000 to get there and there is still 3/4 of a year left to achieve this.
Right now most of my HP is delegated and will likely remain that way. I am not sure what ratio to keep as I do want my upvotes to be worth something but delegating to other tokens is helping me achieve other goals.
I am also close to my HSBI goal and at this point it's inevitable. Playing the HSBI experiment game I have been hosting is helping me achieve that goal faster. I will do another round of that soon.
I am interested to hear what your Hive/ Hive-engine goals are . please feel free to let me know in the comments.
Keep up the good work!
Always great when you suddenly rediscover a forgotten wallet with tokens which actually have some value! :D
I see you're going great on your hsbi stack, if you would still like to exchange some hsbi, I would be glad to send you a couple in return for the same amount. win-win :D
My goal is to achieve 5k Hive Power by years and and want to increase my hsbi stack as well. No certain goal on the hsbi though. 2k would be nice, but will have to grow it faster as I am now more on track to achieve 1.6 hsbi or so...
Yeah I abandoned Tron when stuff was .... a clusterfuck. Then I checked my wallet and the few dollars I had turned into hundreds so I converted it to LTC. As for HSBI I will dm you on discord. I will resume the HSBI experiment here soon ish but I am working on something kinda big and am a bit distracted :) !BBH
5k HP is an excellent goal. I find the more you have the easier it is to get :). !PIMP
It's definitely a snowball-effect! :D
Everything is possible on Hive
indeed !BBH
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