Riding the Bear to Dolphin!

Words
282
Reading
2 min
Listen
Play
4y

This is a little story of how I took advantage of the current market

A few months ago, I was able to increase my Hive Power to 550.00 Hive and was advanced to minnow status from redfish.
I liked the fact that I had a little more voting power and I was able to delegate more.
I decided that I need to advance to Dolphin by year's end.

HiveDivider.png
At that time Hive was still trading at around $1.00 USD so I needed a plan to build up my Hive.

My initial plan was to slowly start to unstake some ListNerds tokens every day. By mid-August, I would be receiving liquid ListNerds and I would start to trade for Hive.

HiveDivider.png
My plan was executing well, but shortly after this, the world markets crashed as you are aware and Hive was down to $0.35 USD.

HiveDivider.png
This opened a new window of opportunity for me as the amount I needed for Dolphin was now a third of the cost. I carefully rebalanced my savings and investment accounts and was able to free up $2000. I used this to buy Hive and then I powered up what I needed to for the Dolphin level.
HiveBuzz dolphin.png

Now, please understand, that this is NOT financial advice. This is just me sharing what worked out for me.

What I love most about advancing to Dolphin is I now have the ability to give much better upvotes to the quality content that is shared on Hive!

My next step will not be nearly as easy but I will set up a reasonable timeframe to accumulate enough Hive for Orca!

Until next time,
John Novak

HiveDivider.png

Programs I Endorse
Click Track Profit
ListNerds

Riding the Bear to Dolphin! | Ecency