It looks the market is slowly healing after a few weeks of blood on the street. As a result of the pump, I've seen my hive account value increase in recent days.
We're still not out of murky waters, as I expect Hive to drop back to the 17 cents range but it's pretty cool to see how a few cents difference translates to a few dollars rise in wallet value.
Earlier in the week, my wallet was valued at around $368 with hive trading around the 16 cents range. Now at 19 cents range, I'm already above $400. It's basic maths, for what it's worth, nothing fancy.
I've shifted my focus to accumulating volume at low prices, rather than trying to outsmart the market. I don't have the focus or energy for high IQ plays, so I simply just stack coins.
Holding is still the simplest and most complicated strategy. Staking makes it much easier because if you're like me, then you simply aren't ready for the hassle of having to unstake and then sell.
I've paused buying Hive for now but I intend to continue increasing my collection before the end of the year. I'll be investing whatever is left after paying for my courses and training.
I'm almost certainly not going to reach my set out targets for the year but hey, you never know. In any case, I'll just increase my stack and hope for the best.
Increasing my collection is a priority but putting it on a scale, I say upskilling and getting a better paying job trumps that. So, if the market starts pushing towards the better half of 50 cents before the end of the year, I will sell some hive and reinvest that into my training.
Increasing my income simply gives me even more ammunition to attack the crypto market. I want to at least get back the dolphin status I worked very hard to achieve and then move forward from there.