50/50 HP is the best strategy

Hive is the best Web 3.0 platform, and I fully agree with it. I feel that decentralization is the beauty of this platform. I have freedom of speech, and there is no one to restrict my voice. My account truly belongs to me, and Hive Power, also known as HP, is what really matters here. The more power we have, the more influence we can create. So, we need HP, and having more HP allows us to raise our voice louder. We receive rewards for our posts and engagement. We can cash out to use them for various purposes, and again, we can use them to power up and boost growth. What is the best strategy to manage the rewards? I am going to share my thoughts related to it.

I think that Hive users should have a long-term vision, as I feel that Hive is not for short-sighted people. One should have patience and an understanding of the Hive platform. In the long run, having a huge amount of HP means having huge influence, and in many cases, their words matter a lot. If we hold HP, we can get 4.31% APR on HP. It’s not bad, and in the long run, it will make a huge difference. It’s not the end. More HP means more curation rewards, and more curation rewards means getting more HP. It also means the curation reward will boost the HP, and HP will boost the curation reward, and it will help grow an account faster. Having more HP means we are allowed to delegate some HP and earn more rewards using HP. So, in the long term, using rewards to power up and grow an account faster seems to be the best choice.

Why do we earn money? It’s because we need it in our life. For every purpose, we need money, and that’s why we are making efforts. Saving money is a good thing, but what is the meaning of earning money if we don’t use it? So, I think there should be no hesitation in using the money we earn. So, if one Hive user cashes out all the rewards to use in real life, I think it’s also a good thing, and I feel that it’s worthy, as we earn for life and using the reward to treat ourselves is something we deserve.

Just imagine I don’t need the reward asset in my real life. Should I power up all of it to boost my growth? In the past, I have done this kind of thing. I powered up all that I earned from here. I can remember once I also powered up 1,000 HP in a single day. I really regret powering up recklessly. I just think it would be better if I had saved it for HBD. It’s because HIVE’s price dropped so much, and it was beyond my imagination. I think if I had the same amount of HBD, I would buy at least 7/8x more HIVE and power up all of it. I don’t want to think more about the price, and I don’t dare to power up so much like in the earlier days. I feel that a 50/50 strategy is the best solution. 50% should be used for power up, and the remaining 50% of rewards should be used for stable funding. In fact, I think 50% should be invested in other crypto because we should not be obsessed with a single crypto. Diversifying is the best thing we can do, and I think that it will be the best strategy for us, and I recommend it.