Relax brother,🧘🏼 I was just asking because I don't know about it. I'm still learning here.
Of course it's your money do whatever you want with it.👍🏼
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Relax brother,🧘🏼 I was just asking because I don't know about it. I'm still learning here.
Of course it's your money do whatever you want with it.👍🏼
Where I have been grateful for the stake is that I still had it available when I needed it as a supplement and for life expenses. Hive paid for a cross country move, and is paying for my real world homestead farm and 3D printer factory, so I would say powering down Hive has actually helped me grow a ton. So like I said, everyone’s journey is different!
Was just making a point, didn’t mean it to sound harsh. Sorry about that, still trying to wake up, 😂
Hive is what you make of it. Of course you would want more power in the system, and I have had a substantial amount of Hive at one point. But when you watch that value move up then crash back down and can’t do anything about it because it’s staked up for a long period of time, it kind of makes you sick to your stomach. So I have learned that there needs to be a balance between staked coins and liquid coins. I am one of those crazy folks that is trying to live full time on crypto and have multiple projects to pay for, so I need the funds in more of a liquid form to live on.
My hope of that my perpetual power down is refilled with post rewards to keep me from cashing everything out, but that’s up to the community. And due to my projects like @hivelist and @blocktunes, I have staked HP in those accounts that I don’t really mess with, so that is all growing. But this is the account that is like the engine for those.
So everyone is going to okay things a bit different. Your Hive journey is yours. So your money, your choice, my money my choice. That’s was what I meant.
Got your point... yeah that sounds like you were angry. haha!
Anyway, you explained it beautifully. Even in trading and investing, I often tell people that the profit shown on the screen is not yours until you book it and withdraw it. Staking hive is good for this ecosystem I guess but booking profits and withdrawing funds is also very important.
I literally have no idea about how should I move in this hive journey but, thank you for this brief explanation.
No problem. Like I said, everyone’s journey is different. I would suggest having a balance of liquid and stake.