This was probably the hardest decision about powering up that I ever had! The price of HIVE is thriving and locking down liquid funds in these moments isn't an easy task... It requires a lot of belief in this blockchain and HIVE token and I'm not uncertain about it at all... lol...
I know that I'm not alone in this kind of thinking as we have asked our @liotes community a question about #HivePUD and many of them were uncertain about powering up HIVE today... I don't blame or judge anyone as I feel the same... Btw., if you want to reply to that post and improve your Liotes ranking, check out that post here and leave a comment!
There are so many shinning things that can be bought with HIVE today... :) Splinterlands packs, maybe level up some cards, buy CUBs or MATIC and prepare yourself for the PolyCUBs, invest in some tribe tokens as some of them are on heavy discount, etc...
Also, you shouldn't forget that the easiest time to accumulate HIVE is to be active when the price is down... When nobody creates when everything is "doomed" when your post payout is only 5-10 USD... How's that? Well, when HIVE was around 10 cents, that 5 - 10 USD was 50-100 HIVE... If you are focused on the long term, you should have that in mind all the time... ;)
Today 10-20 USD payout looks "better", but in a nutshell, that's "ONLY" 4-8 HIVE... Do you see the difference? It's just a different perspective...
Long story short, I have created this "non-written goal" for the next year where I want to reach ORCA rank until the end of 2022 and I don't want to give up even before starting it... :) If the price of HIVE goes up further, it would be very hard to get there, so, in some weird way, I hope that it will stay like it is at the moment... That I have a chance to get there...
It's not that it's impossible to reach ORCA even with a higher price of HIVE, but it will be much harder than I have imagined... I need almost double of HivePower that I have at the moment, and I have 12 months to get there...
Is it possible? Yes, it is...
Will I achieve that? Time will tell... :)
Is there is a better day for powering up your liquid Hive than the first day of the month? When we celebrate the Hive Power Up Day!
Just a short introduction to HivePUD... What does it mean at all? #HivePUD is shortened for the Hive Power Up Day. It's an event when Hive members power up their liquid HIVE and stop any active PowerDown! It is organized by great fellow Hivians @streetstyle and @traciyork and it is held every 1st day of a month.
You can check all the details about the #HivePUD at the official post that you can find it here: https://peakd.com/hive-167922/@traciyork/welcome-to-hivepud-hive-power-up-day-special-orca-month-december-1st-2021
Thank you for your valuable time,
~ph~
If you want to support my witness, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses, or just scan the QR code down below...
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
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Wow nice job powering up 1k HIVE. I think it's all unit bias as we are earning the same amount of HIVE but the USD value is higher. In a way I have seen quite a few people talk about how tough it was to decide whether or not to go through with the power up this month.
Posted Using LeoFinance Beta
It should be like that, but still, people are cautious and upvoting posts with a smaller % than before (if they are doing it manually)... At least, I have noticed that on myself and other friends here on HIVE...
!WINE
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I haven't bothered changing my % but I didn't really care if my comment upvotes get dusted. However I might consider increasing that vote so it passes the threshold due to the high prices.
Posted Using LeoFinance Beta
I have no doubt in powering up.. In long run, I want to have 150K hive or 150K USD value in HP.
so keep powering up , until one of them is reached.
Posted Using LeoFinance Beta
That's a nice goal that you have! I hope you will get there soon!
!LUV
@ph1102(1/4) gave you LUV. | wallet | market | tools | connect | <><
!PIZZA
!BEER
Thanks for the support and tokens!
!PIZZA
You will make it to Orca no problem, meanwhile, I am still working on staking my first 1000Hive :-)
We all have been there... It took me 3 years to be here where I am at the moment... Could I do it better? Probably, but I enjoyed the ride, that's for sure!
!PIZZA
I really appreciate your candor. Web 2.0 school is, "look at me, wow, I am an expert." Here in Hive everyone is so humble and willing to teach. This is the best community on the net.
I appreciate all that you do for our community 😃
Second month in a row 1000 Hive Power up... nice! This time I didn't copy from you ;-)
Heheheeh... If I want to accomplish my goal, I will need to raise the bar to 2K per month... Have no idea how to do that, but I will improvise... :)
Is there a difference between Orca and Whale on Hive? Anyway, it will be a challenge but I am sure you will be up to it! I am trying to get to Dolphin by the end of this month. I might still get there but I would have had a much better chance had I not dropped the ball and slacked off in the Summer. Oh Well! Just need to keep pushing forward.
Orca is a bit over 50K HivePower (to be more exact 54K) and Whale rank is over 500K HivePower... ;)
Pushing forward is the only way to go... ;)
!PIZZA
Holy Cow! Those are a bit out of reach for the time being. 😀 And pushing forward is what I will keep doing! Thanks, Zoltan and have a great weekend!
!ALIVE
Made in Canva
-- @lisamgentile1961
It was harder this time that's for sure. For many months now I have been powering up at least 100 hive at the beginning of the month and sometimes much more. That itself has gotten harder since I have started putting my HBD into savings instead of trading for hive at the end of the month but it's hard to argue with 10% interest at such low risk (relatively speaking). I powered up my 100 hive this month and had a few hive left over. It amounted to less than $20 but I bought some swap.ltc on hive engine. That was the extent of my profit taking (if it can be called that). It will most likely be used to repurchase hive at some point in the future anyway.
I remember the time when I was buying HIVE to reach my goals as it was peanuts... Today, I would need a lot of money to buy 1K HIVE for powering up... The same goes for other coins outside the HIVE... It was relatively easy to buy Bitcoin 4-5 years (or more) ago... Try to buy 1 BTC today... ;)
It's not that I complain, it's just a fact... I would like that we reach the point that it's that hard to buy HIVE... :)
!PIZZA
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Wait until the end of Power Up Day to find out the size of your Power-Bee.
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Congratulations @ph1102! 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!
You can view your badges on your board and compare yourself to others in the Ranking
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