Since it is the end of Hive Power Up Day, I decided to take the last of my HIVE from exchanges and power it back up. I have been providing liquidity there for the last few months, but the return has been dropping as the futures volume and multiplier has decreased - I assume. Sometimes I was getting 20 percent there, sometimes when HIVE was pumping up, it went to 40 to 60 percent, but at the moment it is around 5 percent, or about half of what curation earns. I might move some back there in the future, because I like to have some liquid and now I don't.
A massive pump must be incoming!
I have been trying to get more comfortable moving Hive around and using it in different ways than only voting, but it still feels weird to power it up and down. However, it is a resource, and resources are meant to be used - even if the goal is to have more of it than when starting. I made a few small trades a few months ago, but nothing significant. The last couple months I have just been holding firm, doing very little.
Probably a few more months of that ahead.
Just around the corner.
I have been around so many corners over the last few years, it would be nice if one of them had some financial security behind it. Not that money is everything, but for a lot of the issues I am currently facing personally and with family, it sure would help to have more of it. I get why so many people find avoidance vehicles to spend their time with, rather than dealing with all the various problems in life - both personal, and having to think about all the other ongoing shit with other people.
My "avoidance mechanism" currently is doing stuff around the house to make it nicer in some way - but it is still somewhat avoiding other aspects of life, isn't it? Well, at least it is taking my mind off of some of the things that are influencing me, but are outside of my control. And, while not ideally healthy, I guess it has some value for life and maybe the house itself - If I do it well enough, that is.
That's a big if.
Hive power up day shouldn't really need a day, because I reckon every day is a good day to powerup some HIVE. But, it is a good reminder for some people perhaps. I think a lot of people who choose not to powerup (or keep half powered up) don't fully realise what might happen in the advent it does actually get some support. Sure, they might be taking it out and investing into other tokens, but I reckon there are also a lot of people using it to supplement their income to live. That might seem like "the only way" but what would their option have been if Hive wasn't available to earn for them? It is an extra revenue stream for sure, but it is also an investment opportunity for the future. If people need to live off of it now but aren't investing any for the future - it means they are always going to need.
I need too. But I seem to keep taking the risk that this will work out. It might not. But, I would likely be no worse off than I would have been otherwise. However, if it does work out, I might be significantly better off at a level I wouldn't have been able to accomplish otherwise.
If a flip of a coin could win you one hundred, how much are you willing to lose to take the bet?
Most would risk about fifty.
And I think that the risk on Hive has a far better risk profile than that. It might still be fifty-fifty if it works or not, but the return is likely far, far greater than the majority of people have risked. Most have risked nothing but their time and effort - and many haven't risked much of that even. Hive at a dollar changes many lives. Hive at five dollars changes many lives significantly.
Can Hive be worth five dollars?
Of course. Will it though? Well, that is another question entirely. but, the world does work in weird ways and sometimes stars align to catalyse results that seemed impossible earlier. Right now, there are a lot of stars moving all over the place and it is hard to predict where they are going to fall - but if Hive were to catch a falling star,
Do you have enough HIVE in your pocket?
Hive is a great place, because you can earn HIVE through activity.
But it doesn't force you to save any.
That is up to you.
Taraz
[ Gen1: Hive ]
There's still a lot, and I mean a huge lot I don’t understand from Hive the "place" and Hive the coin. I do know what is needing it as an income.
I've seen and see any posible angle and that's when the need of knowing comes in, no to decide what to do, but to understand the the magnitude of any of both or both, the decision you are making and the consecuences, but also to, maybe, create a strategy for your Hive, of posible of course, if it's allowed by the size of the need.
Anyway, predictions are just that, even when the odds are higher and things appear to be as sure as death is, then they are not(death surely is though).
I've powered up a couple of times(Hive), not HBD, as you said somewhere I read, "life has got in the way" and HBD has become cash(out of need).
Sometimes I use homework as a escape mechanism as well, but lately is not working out so well, Hive writing helps sometimes.
Hope I can get to understand well some day.
It seems you and I were kind of in the same headspace today about our topics. I'd be happy if Hive never got much over a dollar but held that price for a prolonged period of time. Of course more than a dollar would be awesome too. My stake when it topped $3 was just a fraction of what it is now.
Congratulations @tarazkp! You received a personal badge!
See you at the next Power Up day to see if you will repeat this feat.
May the Hive Power be with you!
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One just need to work with it in the both ends (powering up and powering down) because it an economic resource. I congratulate you for the power up of today
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I have never used HIVE somewhere else so far. It seems very reasonable to me to have much more HP, and then much more curation rewards. I have also started converting some HBD to HIVE per month. %8~9 curation APR and %2~3 staking APR sound good ;)
I am hoping for at least 10-15. That way I would be really secure even with my smaller stake.😛If it stayed that way that would be cool as well.
One can't ever have enough of Hive.
I am sure that I will reach my yearly HP goal-12k and likely even HBD goal 2k. How I wish I would have 10 times of both of them... Well maybe in another 5-7 years...
Just recently you had 220k and now you have 312k HP! My respect. In your difficult situation you are making a real bet on Hive. I believe that you will be a whale with a stack of over $1 million.
I think a little not wnought to changes my life but a little, and yes hive is not for living with your money earn here, one day we changes our life significantly.
Coming soon.
I'm just holding and holding and holding... I'll see where it all goes. I don't think I'll ever need to turn Hive into Fiat, so I consider myself a sink :-D Well, besides the part that I take out for Splinterlands. Most exciting thing about the growing account is my vote-reward growing, feels really good to be able to give back :-)
Dear @tarazkp !
I'm ashamed to say I don't know the meaning and purpose of Hive Power Up Day!😅
So, I save all my HIVE!