I think we can probably work out a racket here, I've discovered that there is a direct correlation between me powering down and selling some HIVE and the crypto markets, usually there's a month's lag and then HIVE and crypto more generally just goes gangbusters for a while. Admittedly, n=2 but. . .
Aside from those occasions I usually just split the difference, keep the HP powered up and cash out the HBD. That way if my account get hijacked or HIVE implodes I can still have something to show for it and if not there's something for the long run too.
We need to get our heads together and game it I think, we could make
millionsthousandshundredsa few cents and retire rich!I've got no Hive in reserve, just what's in my account so if it goes belly up I'm fucked but that's ok, I'll deal with it if it happens. I'm not in a position to take any out at the moment, my tax would skyrocket and I'm paying enough as it is. So, it stays where it is and if it's there to use down the track then that'll be a bonus.
Exactly! I already retired from trading after doing just that. The few cents, not the rich part.
Ah, gotcha. Most of what I pull out goes toward photography related stuff, so expenses zero out much of it when it comes to taxes. When I powered down some earlier this year it was to pay for a photojournalism workshop, that alone was enough for me to feel like I've already come out ahead with HIVE no matter what happens in the future.