The #HIVE journey continues and today I have powered up another big amount which has brought my total stake to around 46718 Hive Power. In this bearish market this is a great time to keep increasing your Hive holdings keep increasing your staking and at the same time earn around 11 to 13% APR which is a good passive income during this period.
In this bearish market my strategy so far has been to power up on a daily basis. Whether I have 10 Hive or 20 Hive, whatever I have the quantity does not matter. My strategy is that whatever I keep collecting on a daily basis I will continue to power it up and keep increasing my stake.
Today, I have powered up around 88 Hive which has taken my total stake above 46K and my target is to reach 50K very soon.
So far my strategy has been to increase my stake without making any investment but my strategy will change when the price of Hive goes around 3 cents. Because anything is possible in this crypto market we should always have our strategy planned for every situation.
If the price of Hive comes around 3 cents then I will invest around $2,000 more. With that I will get around 60,000 more Hive and by adding this amount I will have around 110K Hive Power.
This is the plan if the market becomes bearish. But if the market starts recovering from here then I will continue increasing my staking in the same way until the price of Hive goes above 20 cents.
Above 20 cents I will power down and definitely sell some portion so that I can book some profit there. In the same way I will continue selling at every upper level and buying at lower levels.
This is my Hive Power journey so far which has improved a lot. This has been possible especially because of the continuous support from #Ecency. There is a charm in its front end which always reminds us to keep staking continuously.
So far I also have 3342 Ecency points and my next target is to take them to 10000.
At this time it is possible that my activities will increase and my engagement will increase because I receive points for every post, comment and reblog. I also receive points as rewards for participating in different types of content.
So in this way you can also use points in the right way. You can use them to boost your own content or your friend's content or you can give them to someone as a gift.
So far the best use of points is for promotion. It is the best way to promote your content and bring more and more traffic to your content.
This is the milestone I reached. Will meet you guys with the next milestone and next achievements. Stay Tuned...
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.
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