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.
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.
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.
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.
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
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