If I learned something in the last month or so is that health is priceless... Also, while I was recovering, it was great to see that our dear crypto market was recovering too... We are still in the "dangerous zone," and we can easily flip to the downside, but it was nice to see the price recovery around most cryptos...
Created on Canva.com, using my photo as a background
Regarding HIVE, we hit 3.7 cents for the first time in history, which was pretty close to our "haircut" value for depegging HBD... That event did happen in the past, but back then the haircut percentage was much lower... From there, the price went up to 4.7 cents, which is "whooping" 25% up... Sounds good, but it is very far from our ATH, which will be very hard to replicate...
We had a lot of conversions from HBD to HIVE on these low HIVE prices, and that cost us a lot of newly "minted" HIVE tokens... We had a lot more tokens out there, and even if we would reach the same market cap we had before, the HIVE price wouldn't be where it was...
What did I change in my "HIVE behavior" because of all this? Well, as you can see, my recent power-ups aren't anymore 1K, but 2K... 馃槂 I mean, 1K HIVE is like $43... There is no better time to build up HivePower than now! I'm doing it by powering up additional HIVE, and by curating quality posts on HIVE... I do create posts too, but right now most of my HP comes from curating...
Back to the #HivePUD and HivePower accumulation!!! As I said, a lot of my accumulated HivePower comes from curating, and as I got back my 5K, which I delegated as a present at the last Hive meetup, my rewards are even bigger... Compounding effect is doing its thing... 馃挭
Just a short introduction to HivePUD... What does it mean at all? #HivePUD is short for the Hive Power Up Day. It's an event when Hive members power up their liquid HIVE and stop any active PowerDown! It all began with the great fellow Hivians
@streetstyle and
@traciyork, and it is held on the 1st day of every month.
Check out the official #HivePUD post for September here... Hurry up if you want to participate!
Thank you for your time.
--ph--
None of this is financial advice!!!
Don't forget to follow, reblog, and browse my Hive page to stay connected with all the great stuff!