I always try to reinvest some of my earnings on Hive back into my account, whether it's HIVE or HE tokens. There's nothing wrong with taking profits, but if I don't leave more than I started with then nothing really grows. I used to follow a 30/30/30 model where I cash out 1/3, stake 1/3 and add 1/3 to liquidity pools, but that just complicated the process.
These days I follow a 50/50 rule. I pay myself first by cashing out 50%. The remainder gets staked if it's stakable or added to a liquidity pool if it's not and a pool exists.
It's not the most sophisticated method, but it's simple. Over time I think the simplicity will pay off since it's pretty hard to mess it up. Still, I'm open to ideas that may be better than mine.
What's your process for cashing out and reinvesting?
Buy ELIXIR and stake to receive HIVE dividends!
Delegate to @nectarbytes to earn ELIXIR!
https://tribaldex.com/trade/ELIXIR
https://hive-engine.com/trade/ELIXIR
Buy DUO and stake to receive HIVE dividends, tip others, have your posts curated, and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO
Do you like stacking gold and silver?