A tale of a 1000 hive: investment will be my focus
Hustling and accumulating over 1000 hive in month is really a big deal and with the possibility of me not accumulating as much as I did in another month will really make me think long and hard before deciding on what to do. As a financial analyst by qualification, I know it’s unwise to dive into any decision making without proper research. So it’s advisable to firstly look at options which will help yield more money for me.
On that note, I will be powering up 500 hives from the 1000 hive I got. The motive behind this is due to the fact that the powered up hive could be used for something else within the platform to even help yield a better return than the 1000 hive gotten earlier. Once the power up is successful, I will be delegating to a bot. by delegating, I get to have a share of the returns of the payout from the bot. which returns will be higher than what was delegated. Some of my delegations will go thus;
@Ocdb gets 150 hive delegations
@bdvoter gets 150 hives delegation.
Also, I will join voting trains to get curation rewards and also more votes on my account. The funny truth is that a lot of people underestimate the returns that will be gotten from curation train. I on the other hand won’t drink from the same cup. I will wisely choose a function curation trail and join them, so even if I am not manually curating posts, the curation trains joined will do so on my behalf.
Not forgetting that I still have some 500 hive left. I will simply invest the rest by saving it. Don’t get confused, I will break it down; what I mean is that I will actually be saving the rest of the 200 hives and at the same thing investing. How do I achieve this, all I have to do is simply covert the 200 hive to BTC, after conversion, then I will safely save whatever the amount of btc gotten in my BTC crypto wallet. The rationale behind this decision is because the BTC could actually rise at any time and it would be wise to have some saved for this moment.