Hi fellow Hiveians,

Today I wanted to appreciate a bit of a change in strategy I implemented a few weeks ago!

Get Powered Up

I would like to think that I enjoy being flexible in a lot of ways in life. I think it's really important to have the ability to change ones opinion and strategy for things!

A few weeks ago, I was talking to Galen and he made a really good and interesting point about something many of us here on Hive do. We save our liquid Hive assets for Power Up Day and end up just doing it at that point. This seems like a bit of a waste of time in his opinion, and I thought about it and essentially agreed!

Getting the rewards from posts and letting it sit in our wallet saving it for a day in the future where we then just power it up anyway. This is an interesting thing that a lot of people here on Hive do. There are certainly lots of people who power up daily or as often as they can, but I think the majority of people save it then power it all up at once. I can see the usefulness of this for folks who are on the newer side, where they are participating in the gamification of Hive and getting a badge.

When you get to an account that has been here for quite some time though, it seems a little silly when you think about it, to save those assets and power it up anyway later on. I changed my strategy and power up every chance I get!

I personally think it's good to do this for a few reasons. One of them being that it builds our account faster when we do it because if we take 10 or 15 Hive and power it up every few days instead of saving it until the end of the month and doing a big 200 Hive power up, it should theoretically build the account stake quicker.

With Hive Power, there are a few things that come into play. One of them being the inflation of Hive Power. It accrues at a rate of variable 3% per year which is remarkable, and changes a little bit as the price of Hive fluctuates but it's pretty much around 3% give or take .5 or so. The benefit with that is that if you are consistently adding more Hive Power to your account as the days and weeks go on, along with claiming rewards, you are growing the stake that much faster. Getting that extra 10 or 15 Hive Power for 2 or 3 weeks of that 3% APR is more efficient than letting it sit there and then doing a big power up later, losing out on some of the inflation rate.

Some would say that the inflation itself is a scam to be honest, but that's a different road that I don't really want to spend time going down.

I gave this idea a pretty good thought and decided that it was indeed better to just power the stuff up as soon as you get it so that you gain those added benefits! It is fun getting to power up a big amount that's for sure but in reality, it's more efficient over the long-term to do it consistently and frequently instead of all at once and 12 times a year. From a numbers perspective, that makes a lot of sense!

What about you, do you think it's better to power it up on PUD or do you prefer to do it daily or as often as you can throughout a week like I have switched to? Let me know in the comments!

^-CmplXty. _{Real human written content, never AI. All pictures are mine unless otherwise stated}

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