Take Profit, Stop you're loss
Listen it’s never wrong to take profits, what I think is I have 90% of my hive powered up what does a Hive bullrun do for me.
Well what it does for me is that allows me to see my account raising value and that’s about it but because, it allows me to focus my hive and find the best possible outcome for performance and community wise. I recently had it delegated to LEO.VOTER and was earning leo around 20 or so a day, at around 16% APR. I am now waiting for it to be available to me.
75,000 HIVE POWER
so much power.
So in reality the only people that are making money are the speculators the traders the ones that do not really care about hive but they do care about profits don’t get me wrong that is 100% legit to me as well but I want long-term growth so my power up everything including all of my tribe tokens explain some of it but don’t get too excited.
Seen this happen over and over again we saw it in the steam days we saw it on the first couple weeks of hive we seen it now, we’re going to go ahead and continue to see it it’s gonna continue to pump with the development of this blockchain $10 is not that far each so stay put continue to curate continue to stack if you’re able to take profits take those damn profits pay some bills something make it useful for yourself.
Don’t want to go ahead and just go all willy-nilly do you know it took us a while to build you don’t wanna just destroy it sure having our hive powered up does not allow us to enjoy profits as ones with liquid Hive.
But I do see though is our accounts I’m making money on a daily basis if you’re on hive daily like we are I would assume this is our second home we’re making money we’re making stacks sure it doesn’t seem like a lot but compounding everything it’s gonna make you rich that’s it nothing to it... unless Hive crashes to $0 .
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Think long term. Hive wont crash to 0 it is one of the best crypto projects out there. I cant think of a single other chain that even comes close, except maybe Ethereum. But still not even close to Hive.
That's my idea and strategy too.
Accumulate as much as we can and hold on to it. We know that Hive will moon one day and we are just waiting for that day. It's also important to make some goals and target them.
Just wow I absolutely do agree with all of this and I am going to keep staking and making my little moves as I can.
Thank you very much for your post me and puppy dog really appreciate it!
And we're super excited about compounding interest and continually growing everyday.
View or trade
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Just the other day I had a thought, what does "take profit" really mean right now?
Especially if you really believe in crypto as the future.. fiat savings accounts are garbage right now, so let inflation eat away at these profits? Guess it's a point of view question, at the very basis you're gonna be invested in some currency, your choice which you want or think will do well.
Valid point on the bills (and pay of any debt for that matter!) But if you're not spending it you're gonna have to chose a currency to hold it.
I don't think HIVE will crash to 0 like many of the other people have said as well. But I do agree with taking some profits. There is nothing wrong with taking a little bit off the table so you have something to play with.
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