I think it was about a week ago, I found Hive took the 3rd dip with MACD consecutively making higher low, it was an indication of renounce happening soon. So I took the opportunity, made up my mind and bought some Hive. I have since arranged my delegation, decided to make a full come back contributing the community with my maximum effort.
I've done some reading in different people's posts, came to realized there's a KE rating for all Hive users. I find it interesting, many of the bigger stakes holders in the ecosystem has a very high KE value, whilst mine can only achieve 0.78. I kinda get the jiz of it, like if someone with a bad KE scores we should really think of whether we should support the person when they withdraw their stakes and use them as fiat. Likewise, those who have good KE scores are supposed to be good community leader.
Here's the kick on my balls. Trust me, I have been deleting and rewriting this paragraph for donkey times, let's try NOT to provoke those high stake holders. If user takes reward from the rewarding system, and the Key reputation falls, and there is a possibilities of getting less reward in the future, so what is there for a regular users to take home?
Put it on an investors shoe, like myself. Over the past 5 years, I have been consistently injecting fund over a long period, I also taken out some 10k Hive by powering down(I believe I have taken less than I have invested, but let's see. I have took some screenshots and we will go through the numbers together later in this post). The good 10k Hive is currently sitting at an exchange, I was going to use that to buy a car so I can use it for GRAB(an alternate hire car similar to UBER if you're from different region). The buy car part did not materialised as it was a backup plan in case I lost my job. On a side note, if I really need that money and started withdrawing, with my current 51k stake, minus my author reward and curation rewards which was about 40k, I can only take out 41 before it burst my KE? Let's go through what was given, what was invested, and what was taken.
My first power down in Hive was in July 2020. That was the time that I needed extra fundings to keep my daily life going. I do have some other crypto investments, which I have not able to unstake. I'd refused to take a loan for the investment so I just take whatever I need. A week later, after I got my first power down payment, I have stopped the power down. Notice 11 month later, I have put back in 6000? That's when things went smoother in 2021, the COVID ban has been lifted, I have my cash rolling. I can safely return all my crypto debts, and a little extra to be invested in Hive.
Following year 2022, it was a bad news for me. Remitano pulling out. That was the last draw of non KYC transaction we can do P2P within the country. I've moved all my crypto to a different exchange, got them sold for Hive and continue to power up via several transactions.
3000
2500
3900
4600
Some of these are internal market transactions. I have also used majority of the HBD income, convert them to Hive instead of keeping them for the 20% APR. Sounds stupid right?
This is the 10k withdrawal I have mentioned earlier in this post. Therefore, my total power up is about 20k over the recent 5 years. With the KE rate in place, it has detected my total reward should be around 40k, and my stake is currently 51k. If I take out that 11k, minus the 10k I have taken out in 2024, that means I am just taking back my 20k invested over the past 5 years 😂 WTF
Nevertheless, I still have about 3k in HBD. I can't denied it was a true reward, but for 5 years. I could have used that 20k Hive, changed them into HBD, stake them for a good 20% APR for the first 5 years, I would have been doubled that crypto already 😂 seriously, I do not agree with the KE rating system. But who am I to question it. I am trying to maintain my score at below 1 now, but I guess there will be one day I find it enough is enough, let go of the pride and be serious about money making, power down for HBD. 15% APR is still some good shit.
