I set a medium-term target to reach 5k Hive power and a long-term target of doubling it and getting to 10k. i intended to reach that target by rinsing the market, and I've got to say, it has been going really well.
I started the journey with just 800 liquid Hive and a dream. The market experienced a resurgence and this allowed me to sell the 800 Hive for a few hundred bucks.
Fast forward to today, and that 800 Hive looks to have earned me at least 3000 Hive in a few short months.
I talked about how my plan has always been to ride the bear. It's about getting more Hive in my wallet, rather than dollar gains. Long term, dollar gains are inevitable, but for now, it is about playing the numbers to increase the volume of Hive in my wallet.
Anyway, after weeks of dollar cost averaging and tinkering with variables as the market fluctuates, I've gotten to the point where I can now bring some Hive back into the system and power it up. This power gets me halfway to my midterm target.
I'm still holding off on bringing in external funds and just playing the numbers. I've got to admit, I don't know how day traders do it because even this little experiment with the spot market trading the very predictable Hive was quite tedious.
In any case, I powered up 1k hive power today, and more Hive will be staked in the coming months. I'll be accumulating HBD from post earnings, watching the market and pouncing at every opportunity to get more Hive.
When I reach 5k Hive power, I'll dip my toes into second layer assets like Leo and SPS. Those are projects that I still have long term interest in and I'm the type of guy to put my money where my mouth is.
