It is the first day of September, and on Hive, we know what that means: HPUD. It is great to see so many Hivers supporting the network with these powerups; it is a nice show of solidarity for the chain while also positioning themselves to have a larger stake in Curation and liquidity during the bull run.
So this is the fifth consecutive month that I will be doing a 200 Hive power; (might be more,I'm too lazy to check stats) it has nothing to do with "having," but rather with how I begin preparing for the next HPUD every second day of the month.
The hive network and ecosystem are vastly underappreciated, and simply adding a penny to your stake from time to time allows you to grow incrementally; it is not a magical thing, and it is very simple if you become intentional about it.
Throughout August, you will notice that certain types of content appeared on the trending page. It had to do with dolphin accounts consistently talking out more than they are keeping in. Now, this was not supposed to be a topic, but the orca and whale hierarchy are lashing out at these alleged "dolphin accounts" simply because the bear market has been harsh on the price of Hive.
Of course, we know it is not just the price of Hive but all alt coins, but I believe that if Hive was in the $2 to $3 range, no one would be using tools to find accounts that are selling off. It is a human tendency to look for things to blame when other things do not go as planned.
I saw a few accounts get hammered in these posts; of course, their stats were uncovered, and they exposed themselves. It is unfortunate because going after whale accounts to get votes when you are not well staked may result in some backlash, especially in a post full of paranoia.
These guys want to lash out, and if you want to play whale politics and philandering, make sure you have a good stake; otherwise, you are better off growing and engaging with other accounts that will help you grow. Of course, not all of these large accounts are like that; some are simply frustrated because they believe we should not be at this price point.
Here
This is a nugget of information that can be taken as advice
So, while we hope September will be better than August, I do not think so. My advice is to make sure you have a Hive by January 2025 (hopefully), or you will regret it. Do not underestimate Hive; many people have done so and ended up with no liquidity to profit from.
For example, if you are farming airdrops, I would advise you to buy some Hive with a small portion of this money, stake them, and earn Curation rewards so you are ready for the peak market from April to October.
Take a nice profit, buy some massive HBD, keep it, collect 15% APR for as long as possible, return when Hive is low again in 2028, buy off a large percentage of the hive when they are dirt cheap, then stake big, rinse and repeat.
Of course, you must be alive and healthy in order to do all of this, and I pray that by the grace of our Lord Jesus Christ, you will be available and alive to do so. I am giving you a nugget for free; if you can spare $5 to $20 per month, do this until the end of Q4, and you might be ready for January.
I completely forgot this was an HPUD post, but it is important to share some of the details.
Grateful
I am grateful to be able to do another HPUD; I have dealt with a lot of health issues, losses, pain, and depression, and I was relieved to wake up, pray with my family, and listen to God's Word. Yes, I hope I have been able to share some information that will benefit you in the long run. The run may not change your financial situation, but if you make a solid four to eight-year plan and stick to it, it will undoubtedly pay off.
Posted Using InLeo Alpha
