I just have a question. Why did you delegate almost all of your HP? Why don't you left half of it for you? Or at least a quarter of it.
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I just have a question. Why did you delegate almost all of your HP? Why don't you left half of it for you? Or at least a quarter of it.
The only benefit of having undelegated HP is the amount of Hive given to others for upvoting their content.
Therefore, in order to maximise the daily payment from Ecency I am delegating as much as I can.
It’s the same with FIAT money. While it’s sitting in a savings account it’s losing money. If it’s in a high yield bonus saver or invested in something it’s earning money.
“Give each dollar a job”.
My delegation is earning Hive and points from Ecency. With the points I boost or promote my posts or be a blessing to others. With the Hive I can power up for PUD like I will Jan 1st or buy SWAP.btc on Hive Engine.
It was the Hive from Ecency that I sent to you.
At some point I will lower my delegation to increase the upvote benefit to other Hive users but for now it’s workin
I understand. It makes a lot of sense now 🤭
I do the same with HBD. Reinvesting in something that generates more of itself.
I made the mistake of taking out 800 HBD last year and it's been really difficult to build it up again. I would be generating a lot of interest HBD now if I didn't.
You're right. But I guess last year HBD wasn't generating that interest and there wasn't a way to know it would change, right? Now I'm adding HBD to my savings but I guess sometimes I'm gonna need to take out some of it.
Last year HBD was generating 20% APR, not 15%. It takes discipline to leave HBD in savings, but it becomes easier when you realise how expensive it is to take it out.
I am kicking myself that I withdrew any of it.
I now treat it like superannuation/ 401K. It needs to only be taken out in retirement.
If I need liquid HBD then I need to be posting more often and either wait or convert Hive over.
That's a good way to see it. Savings for retirement. The big question is, when will be the right time to retire from Hive? At what age? !LOLZ
lolztoken.com
Turns out good players are hard to find.
Credit: marshmellowman
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Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP@shaidon, I sent you an
I wouldn’t retire from Hive. There's a community called Silver Bloggers of older Hive users, mostly retired.