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RE: Resisting the Urge to Stake Everything

in LeoFinance2 years ago

My strategy is to keep a base amount of HP staked.

Even though it might not earn as much yield as if I put it elsewhere, the fact that it gives me influence here on Hive is more valuable in the long run.

But anything I'm earning on top of that base, I want to use to take a few more risks and go for higher yields.

If the strategy pays off, I double my money and can form a new, higher base stake of HP :)

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I've just been moving the Liquid Hive over to Hive Engine tokens (neoxian, leofinance, CTP) i've invested in others in the past but these are the ones I go with.

Then I also collect Hive Engine Income tokens SPI LBI SIM etc etc etc.

I also like to set small buy orders for tipping tokens that I use. For example, if I give out three !LUV, I set up a buy order for three LUV tokens.

I also like to put my SBD into savings.

Gosh - I guess I do a lot more than I give myself credit for.

I've even been delegating for APR.

Maybe its time for me to try going off chain again. The times I have, I haven't really liked it. I really dislike ETH gas fees and the unknown of the. Bitcoin is boring cause it just sits there, Litcoin is just too much of a second place coin, I don't want to invest in a token that's based off a dog (losing battle I see now), and cardano was shilled to me when it was 0.06 (or maybe even 0.006) but I just don't see a use case for it.

Well, guess I just talked myself out of it again. hahahahahah

Nice chat, you're really getting me thinking over here.

Influence is priceless.

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