Pent Up Liquidity

Having liquid assets on my account was always something I wanted to strive for, but was never able to really pull the trigger on until fairly recently. I certainly kept some Hive as liquid for power up day each month, but outside of that I really didn't keep a lot of liquid Hive because it was more important to stake it. I decided several months ago that I needed to make some adjustments to that mindset, so that it could help me grow!

Back in the beginning of the summer I think it was, I had hopes that we would be entering in a bit of a green cycle. I don't know if I would call it a "bull" run or anything formal, because those are not as common but I wanted to have something available when the time came for some profit taking to be had, to be able to do it. I was saving up 50 Hive per month since June I think it was, and eventually increased it to 75 Hive per month and I've now got a decent chunk of change in terms of Hive saved up, and waiting for the opportunity! I am really excited about this because in the last bull cycle in 2021 where Bitcoin hit the ATH of 67k I think it was, maybe 64k, the price of Hive spiked quite considerably!

I had some liquid Hive siting around and yeah I could certainly have sent it all to an exchange and taken it out as money in the bank but that's not the thing that I wanted to do, and not my methodology for Hive. I am treating Hive like an investment account, where I am not withdrawing anything off it but I am taking it and reinvesting it back into itself in as many different ways as I can. With that last bull run I was able to buy a bunch of HBD and ended up tripling my money when the time came! I bought the HBD and then waited for the price to cool off. I think Hive hit 3 dollars and something at that time, and I had 70 Hive or something so I bought HBD with it and scored 70 something HBD. The price of Hive hit a wall and then plummeted and I bought back in, somewhere around 1.x$ and ended up tripling my money! It was a pretty incredible time and feeling to have done that.

Now that we are getting into greener waters here, I am glad that I had the discipline and forward thinking idea to start to suck it up and power up less of my Hive per month so that I could take more of it and store it away for later, with later being roughly around now. I am not going to be buying into HBD just yet, so that I don't waste all my Hive too early but I know that I will continue to hold that Hive until we get some additional spikes. I could certainly try to get some HBD with the 5%-10% increases in Hive price but that's more of a hassle for me so I haven't bothered doing that. I'm waiting for the double and triples to occur so that I can try to ride those up and grab it when it comes back down.

This is always a difficult thing for sure though, Taraz and many others call it trying to catch a knife as it's falling. Sometimes you will catch it by the blade and don't get hurt, other times, and often times, you will get yourself cut. How badly you get cut is dependent on how much you stick your neck out there! I know I would like to go all in and grab a few hundred HBD and then wait to swap it later but that's a pain and a risk so I don't bother doing that lol.

I'm just pretty happy to be in a position to have that stuff lying around, waiting for the right opportunity and allowing me to make some swaps to increase my Hive holdings in the long run!