What many Hivers are currently doing
Reading the post of @toofasteddie yesterday makes it obvious that currently about 3x more Hive is powered Down than powered Up. That was quite a surprise. That’s a lot!
While not every Hive powered down means a Hive sold, this is massively watering down the skin in the game! HP is our ability to curate, delegate and influence. It’s our power here on the Blockchain! And people are giving away this digital energy in a market environment that is brightening up?! Hive price will most likely go up tremendously in the coming 1-2 years. And we get a 3% APR on every Hive powered up.
What I am doing
During the bear market in 2022/23 I have step by step increased my Hive stake and powered up every 1st of the month for the past years. My HP is now about 8.300 and I am working on reaching the 10.000 in 2024. I will not power down ANY Hive this year since I am confident the price will rise with the bullmarket. Actually I am pretty sure I haven’t powered down ANY Hive since I started here on this platform. $1-2 for one Hive coin is nothing I doubt and this would be a 3x to 5x from where we are today.
Now is the time to stack HP in my view, to increase your potential and your digital energy here on the platform. Don’t give away your Hive Power easily, you will otherwise probably regret it in the months to come.
What are you currently doing regarding your Hive Power (HP)?
Posted Using InLeo Alpha
I don't plan to power down any of my HP but, during 2024, I am more focused on the HBD stacking.
Thanks for the mention
You’re welcome. I am also planning to keep all my HP, also during the bullrun. Not planning to power down. Only thing I am doing is I am keeping liquid Hive I get from posting to be able to cash out a little bit once we reach ATHs.
I stick to my decision to not PD but the development is of course not satisfying. Apparently some whales are fine with the current lackluster situation (in terms of user growth) as they get a nice return nevertheless. Plus many think that BTC and other coins will outperform Hive (there is even a HE-token (XV) that speculates on this).
But the potential of Hive is definitely there, so I keep stacking and waiting.
My stock of Hp is presently low but I think powering up is the way to go. It increases influence on the platform. Plus you can power down a little when the bull market comes.
You can also just accumulate the liquid Hive you get for posting/commenting and leave the HP as it is. It will grow by itself since part of your rewards is paid out directly in HP. 😉
Yeah. Thanks so much for the advice. Good day.
Yea you are perfectly right. I also believe strongly this is the time for us to stack more hive token
Thank you so much @borsengelaber, somebody like me really needed to see this post.
Why’s that Ernesto? Didn’t you know enough about the Hive Power (HP)?
I know, but not enough. Not enough to realise possibility of hive increasing tremendously. Now I think I seriously need to power up this year, I need to stack up hive as much as possible.
you can also keep some liquid Hive that you receive from posting to be able to cash out a bit once we reach the new highs. But your HP should stay and increase since it is your stake and energy for this ecosystem
Now I understand better 😊
Thank you so much @borsengelaber
I would not blame people for powering down since they own their coins and they can do whatever with it but as for me, I’m not powering down
I want to keep stacking till it gets to a great price
Its January. The longest month of the year. lol
People my sell some off, but others were buying it too and are stacking. Some of them just wait patiently for these drops so they can buy more than they would have two weeks ago.
Keep on Grinding!
🙌🏻 Fully understand, Zak. Some people need the coins for living.
For sure! Sometimes we see it as a missed opportunity, but I can tell you, my partner spent quite a few months in 2023 without a job and the Hive effort really paid off to help lighten the burden!
Yay! 🤗
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!WITZ
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mein Auge tut beim Frühstücken immer so weh., Doktor: Nehmen Sie beim nächsten Mal den Löffel aus der Kaffeetasse.
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@borsengelaber, ich habe dir im Namen von @thehockeyfan-at einen $LOLZ Token gesendet
Verwende den Befehl !WITZ oder !LOOL, um einen Witz und ein $LOLZ zu teilen.
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.(1/8)
i am currently powering down and selling but for a reason.
!PGM
!ALIVE
!LOLZ
!PIZZA
@borsengelaber! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ dragon-ti. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
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$PIZZA slices delivered:
@dragon-ti(1/5) tipped @borsengelaber
Just like that, as soon as I get a good job, I will definitely support this project by removing them from Powerdown.