I power up on #hivepud.

Words
206
Reading
1 min
Listen
Play
2h

Greetings friends!

Once, there was a time when I began my journey on the Hive network. I had no staked HP. I purchased tokens from the open market and staked them. Yes, I originally staked Steem tokens, and when the Steem blockchain split into two parts, I received a Hive account along with the same amount of staked Hive tokens that I had in my Steemit wallet.

Since then, I’ve written a lot on Hive. I’ve staked Hive tokens whenever I got the chance. My efforts have been satisfactory. From zero, I now have over 19,450 HP staked, and this number is increasing every day. This month, I also staked more Hive tokens, as shown in the screenshot above.

These days, the Indian stock market is falling tremendously, so investing there carries significant risk. I'm not saying that the market will crash but investing in right stocks is necessary. Also, diversification is essential. So, I’m also investing in cryptocurrencies that I can use as a hedge against the falling value of the Indian currency. Hive’s price has reversed from its lowest level and is performing well. My Hive stake may help me mitigate the risk of INR devaluation. This is my strategy of diversification of my investment.

**Thanks!**

I power up on #hivepud. | Ecency