Brief Update


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This post is not financial advice.

This account purchased a little UNICOIN through the LP. The balance was off so I grabbed some tokens at a discount. I paired the tokens with swap.hive and added it to the LP holdings. I love when I can purchase these tokens, or any tokens at a discount :)

I also added a small amount of PIXYDUST to both LP rewards just to refresh a little.

Longer term diversification plan-

I have talked about converting HSBI units into tokens on the other accounts. Each account has a slightly different strategy. This had always been the plan -to convert some HSBI units into tokens but I am starting to speed that up on some accounts.

This account will see the most change in that regard. I will be converting more HSBI units into tokens but I will also be selling many of those tokens. Not all of course.

I will then power up the HIVE I get selling the tokens. I do plan to increase the delegation to EDS like I will be doing with UNICOIN but I need the HP to do that.

This will diversify some of the holdings I have in HSBI units/tokens to HP. I don't want to have too many eggs in one basket, no matter how awesome the eggs are.

That said I will also slowly over time increase both HSBI units, essentially get back the units I converted and HSBIDAO tokens. I love HSBI and will continue to use the service and get more tokens.

Eventually I will increase the delegation to HSBI to get more tokens.

This is an ideal long term strategy especially for this account. I increase my HP, some of it gets delegated to HSBI and I get HSBIDAO token divs as a reward. This way I am automatically diversifying because the HP is directly earning me tokens.

Delegating out to EDS also gives EDSI tokens and those tokens earn liquid HIVE divs every week. This is very useful for the accounts that do buybacks which is all my token accounts. This way I don't have to power down or won't have to power down as much in order to do buybacks. I can't remember the last time I powered down on the @uni-coin account but it's been a while and regular buybacks are a thing there. I can also sell the EDSI tokens if I choose to.

If you see me selling HSBIDAO tokens over the next few weeks , it's nothing to worry about and was part of the plan all along. I am just speeding things up a bit.

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!BBH !PIMP !PIZZA

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