Why I don't celebrate Hive Power Up day
Every first day of month Hive community Hive Power Up day. I don't celebrate Hive Power up day. Infact, The reason behind not powering up on Hive power up day is that I used to power up every day, so every day is Power Up day for me.
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There is clear advantage of adding Hive power on daily basis. It increase your holding on daily basic and give you liberty to earn extra curation reward. Who will not like to earn extra curation reward.
Powering Up is important for the growth of any community. It will help to build motivation and fellow user trust over platform which eventually strengthen platform. I urge all my followers to either take part in Hive Power Up day or power up Hive on daily basis. More Power Up increase your passive earning through curation.
We are lucky that Hive price is still undervalued. Currently Hive is trading around $0.46. It has tendency to gain 10x easily from here. Another point to remember that Hive lower price accumulate more HP. It is important to take advantage of the situation and try to accumulate more Hive power by sharing content and comments on others post. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
This is a super effective strategy. By following it we can all make our wallet more robust and make it grow.
So when the hive prices go up our vote value and the curation reward go up a lot.
Well said @thetimetrazelerz
Hive Power Up Day has become a popular event on the Hive blockchain, with many users participating and sharing their experiences on social media platforms like Twitter and Instagram.
It is also a way for users to show their support for the Hive community and to demonstrate their commitment to the long-term success of the blockchain.
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Thanks for stopping by and sharing your thoughts with us. Stay blessed.
Actually yeah you got a point. I don't save it up at all I just power it up or transfer it over and invest it into all the different community tokens that we have... That's awesome actually...
So yes compounding interest is really smart. Hopefully you have your account automated with hive.vote as well.
well said @ganjafarmer
I agree 100% . It is bad form for people to make financial decisions based on a badge.
It is best for users to re-invest their tokens as they see fit.
NOTE: The first power up day happened on SteemIt when the platform had suffered multiple months of decline. The event is a reminder that users need to power up to make the platform work. At the time, STEEM was the only coin on the platform.
Today HIVE is giving 20% on HBD . I suspect that many of the coins on HIVE Engine have hit their bottom. So powering up is no longer the only option that benefits the platform.
It is better for users to readjust their portfolio throughout the month than to power up on a given day.
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Indeed a good policy to adopt.
I would start powering up everytime I have the opportunity and not everyday, thanks for this strategy.
This is the best strategy one can adopt to build portfolio. Stay blesed
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Your strategy is very good and important for us. It would be a huge support to this network if we all did the same as you are doing. My idea is also to invest some money and then power up all.