I am not a new year freak; it is probably just the continuation of the previous day, but what I am grateful for is the preservation of my life by God, as I know I would not be here without Him.
Nonetheless, I am probably only excited about the tag "2025" because it is the official bull run year. We have been making a lot of predictions and analyses about what prices will and will not be, and this is finally the year when the market will do its thing while we watch in awe.
Many people will be like "yeeeaaahhh I told you" and some others will be like "oh no, I didn't see this coming". Whatever we do, strap in because you are in for a ride of a lifetime.
I started the first day with a power-up of 200 Hive and I am not sure where or when I will stop in anticipation of the expected blow up this year.
However, I do understand that more Hive power, then more potential Curation rewards, and I'm up for getting some extra curation everyday and I don't mind.
I tried trading with the pumps and dumps that occurred through the Koreans, but I realized I was terrible at it. Rather, I prefer to hold HBD, watch for dips in the price of Hive, and then convert HBD to Hive.
So I mostly watch the price every 3 to 4 hours, and when I see a dip, I simply buy Hive with HBD and leave it there instead of converting it back. So, even if the price drops further, I would not be concerned because the goal is to have them in place for when the price finally skyrockets.
A few Calculations & Possibilities
For example, suppose I convert HBD to Hive at $0.35 after noticing a dip from $0.37, and it eventually goes back up to $0.39.
I would not consider myself a loser because the goal is to buy in the 30s in anticipation of the price increasing by x10.
So losing a few cents will not hurt. Some people have converted their HBD back to Hive at $0.5 So, while they appear to be losing on the surface, they will x6 their investments when Hive reaches $3, which is most likely their goal.
For example a person converted 10k HBD to Hive at $0.5 will get 20k, and let's day they did two years ago. Of course, they have lost some money due to the volatility, but imagine if they would been earning curation rewards with 20k Hive for two years.
Curation Rewards Are Underrated Rewards
An 80k HP can earn you 20 hive curation rewards per day, so a 20k HP will earn 5 per day, and that's 150 Hive per month times the 24 months that they've converted their HBD.
That is approximately 8100 Hive in two years. If you sell this for three dollars, you will make $24,000. If they remove their initial 10k investment, they'll still be making 14k$ in profit.
This is calculating Hive at a price of $3, but it should perform better.
It is a long game, so you are unlikely to achieve it quickly. What I do know is that those who have developed a solid strategy over the last four years will win big.
Of course, they come with risks, uncertainties, and unexpected circumstances, but the truth is that only those who ride the tide will be successful after 2025.
So, even if you lose in the short run trading Hive with HBD, you will eventually win in the long run, which is the goal: lose the smaller battles by chance and win the war.
The goal is to accumulate more Hive before the alt season, which will begin in a few months' time.
Going forward, I want to consume more Crypto content and not just on Hive and interact with other aspects of Web3 and whatever gains I'll accumulate feom these expenditures will come back to Hive (where it all began).
There are some aspects of Web3 I recently discovered that are extremely profitable, but of course, I will need an initial investment and time, and I intend to pursue this aggressively.
There is a lot to learn in web3, and my goal is to start exploring them as soon as I get the initial investment.
I advise you to take risks while you can; everything will change in the blink of an eye, and you will be left behind if you don't start taking risks and making smart decisions.
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
Posted Using InLeo Alpha
I agree with you, the long game here on Hive is a good play, and piling up some more while it's less expensive is a good idea. Great power up, I'll have to get my done here in a few minutes as well. Likewise I have several other projects I'm reading up on, hopefully with some calculated risks this year can turn out a serious winner!
Thank you. I always preach the long game because it's the only way the average person without some serious bucks will win. Even a person with some big bucks will have to wait for 4 to 8 years to seriously profit on their investments. With some serious calculated risks, gains will be made, it's a bull run year officially
Happy HPUD. It's hard trading and I think it's much easier to DCA into the Hive. It's much more simple and honestly, I feel that the price is being manipulated to an extent.
Of course, the Koreans are at it, plus the other exchanges and the possibilities of future trading, but I think it's better than having no actions at all.
Nice Power Up and nice and useful considerations about HP and HBD
Happy New Year!
!hiqvote
!discovery 30
Thank you, I agree that's it's a decent sum.
Happy new year to you too. Thanks for the curation
I've decided to start playing the pump and dumps and test my trading skills, nothing technical just the basic sell the pump converting to HBD, wait, buy the slammo, repeat.
So how have you been able to do so far? Has it been profitable for you? I couldn't time the market to my advantage, so basically I have lost a lot in that process.
Just started, so waiting on the next pump!
I'm waiting too, I just can't seem to imagine how far the pump will go.
I'll learn some more lessons at the end of this bull market. For example, I will see if it was worth it having a nice chunk of liquid HIVE quite early for the pumps, even before the final year of the bull market started, or if it would have been better to keep it powered up as long as possible, although with some risks too, because you can't time the power down process perfectly.
Everyone will risk something at sone point and at the end, we will all have learned something. I think I have kept mine powered up, hoping to time the market it might not have been a good decision for me, but well, let's see how it goes. I hope we don't learn bad lessons because I'm counting on this run.
Yeah, let's hope we won't have to learn more painful lessons this time.
Lool I just think there will be painful lessons too, probably not as horrible as 2021.
Great example on a possible way to play the long game with Hive. Compounding works well on Hive, especially when we're consistent and intentional in accumulating both assets, Hive and HBD. I'm also seriously pondering on bringing most of my crypto gains from other ecosystems into Hive. This ecosystem seems more understandable and sensible to me at this point in time.
Hive is more understandable and profitable for long-term players. I'm going to explore other systems if I can, and whatever profit I make will come here, there's no question about this whatsoever..
Yes, the ecosystem looks solid from a fundamental level, especially in terms of growing one's investment.
Alt coin season starts in a few days, already starting actually.
Amen! I see it starting in a few days too, but it probably takes quite a few months for us to see those mega pumps.
Great power post about Hive which should offer for newbies the information they need to embrace themselves for what's to come. I prefer a balance portfolio while growing both my HIVE Power and HBD in Savings, it provides me equilibrium when the market goes red. But the highest gains I expect to be from Hive when starts going over $1.
You're right. HBD provided stability. I plan for it, I believe many people also plans for it, but the truth is that it's the bull run year and it's probably the year for liquid Hive to shine and then all that profit will eventually go to HBD when the dip begins
Buying the dips with Hive is a smart idea, I did that once and it worked out well. This new year I hope for as high as a 2000% increase in hive's price or thereabouts. Though I expect more from other coins than hive. For example, I plan to hodl Trump coins before the 20th in anticipation of a spike once Trump is sworn in. I also hold other high-utility coins. May 2025 favour us, the bold. Happy New year.
Haha that's quite humongous, but there's nothing impossible in this cycle. Most things that isn't supposed to be possible will probably happen this year
I say that based on the fact that the level of cryptocurrency acceptance we will see next year will be unprecedented. Market caps & prices will soar like never before. Just let Trump be inaugurated and the wildfire can go up to the skies. Thanks for your reply and the upvote.
I'm curious how my cryptocurrency portfolio will grow. I recently received a question about Etherum.
What questions about Ethereum was that?
about the convenience of buying nowadays.
Hopefully we can all benefit in 2025
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