Put your money where your mouth is

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Due to hive's unique nature, it is very possible to get so caught up in the social aspect and forget that it is still fundamentally a blockchain project. This means that regardless of how much you talk about a problem, it changes nothing and the only way to influence decisions around here is through your stake.

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However, unlike other blockchains, wallet addresses are connected to real people and you can buzz them up through the comment section. Regardless of that, this is still proof of stake and if you want something, prove it with your stake.

Think of this post as a timely reminder of that and hopefully, it will reach out to someone with unique ideas that will also try to climb up the ranks. Just like real life, the depth of your pocket determines your influence and quite frankly, that's okay.

For me, knowing exactly what I have to do makes my decision-making simple. The only thing left is figuring out when and how I'll do it that remains. For growing my stake, I already know how I'll do it, it is the "when" side that I'm still not clear about.

I think participating in governance is generally good for the platform. The more we actively try to participate in directing the affairs, the more value we bring to the system. Whether it's now or in the future, increasing your influence around here is good for the system.

This is probably weird coming from someone that's powering down their staked hive but how I see it, it is all part of my master plan to increase my stake. I mean, if today I sell my hive and then buy more hive back at a cheaper rate but for the same USDT volume, didn't I increase my stake?

Regardless of how my master plan goes, I know that in the medium term, my stake and influence around here will increase in the coming months. What about you though, do you have a master plan that you'll employ to increase your stake?




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8 comments
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I'm trying to increase my hive stake by taking advantage of the low and high price changes,
example bought 700 usdt worth of hive at 0.47 last week, then sold it at 0.60 for 900 usdt then bought some more hive recently so now i have 250 more hive then when i started( minus the hive used for my other projects) .

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Nice, catching them swings. I'm holding some Hive in exchanges myself. Looking to sell at a decent price before buying back when Hive hits rock bottom next year.

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I think it’s a good idea to keep some liquid available for when things get overpriced you could then take profits and still have your primary stake! I think people who get greedy and power down forget that the inflation cuts every year so you’ll never get that stake back at the same price

I think you still have 200 days to the top so plenty of time to stack some kiwi DT stake to dump into this hungry marker

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Amen to that. Do you think Hive price will never drop to 10 cents again? I'm asking because I'm powering down to sell when prices moon and then buy back when it drops.
I'm also accumulating Hbd for the same purpose.

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Oh man this thing could rip down like a mother fucker, I do think it settles around $0.25- 0.32 after all is said and done and honestly I don't see that as a bad gain overall

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These days my posting rewards don’t net me as much hive as I used to get, thanks to the price of hive being high, thanks but no thanks, my growth has been slow. Hopefully some of my diversified investments will net me enough profit to buy back some hive with. Wish you luck with your plans bro

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Hopefully. I'm counting on the market to favour me. If I'm right and hive price really drops substantially by the end of the year, then my plan will work exquisitely.

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