Power up is a process that is required to stake hive. We can also call it staking and after power up hive is converted to hive power or HP in known in short. This is a power that can be used to curate authors. I have been buying hive and last order was filled at 40 cents price. Price is up today but I'm happy that I got hive at low price.
Today I'm powering up 500 hive. I've sent 500 hive from exchange to my hive wallet.
I buy hive and trying to have a good hive holding. I also do scalping so whatever number of coins I grow I will be sending to my hive wallet. It is a good strategy to sell at high price and buy at low price. A lot of fluctuation is observed recently so it is a good time. I don't want to withdraw all my liquid coins to wallet because it is necessary to have liquidity.
With this liquidity icon trade in market and grow my coin holding. I will continue to do this and power in intervals. My goal is to have 20000 HP this year. Currently I have 4000 HP and after this power up it is 4500 hive power. I am also investing some money on Hive from my savings. So all in all I am trying all possible ways to invest on hive and grow my portfolio.
This is the updated HP balance after power up. Today the price is increased by more than 25%. I am happy that I could buy more than 1k hive at 40 cents. Every time the price goes down, I will buy it. I will not be buying above 40 cents so below 40 is my buying range. I missed the opportunity to buy when it was below 20 cent. But never mind because I am closely watching so with this is strategy I hope to have good hive buying.
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Upvoted and Rebogged to support your blog.
Oh wow. Thanks so much friend and appreciate your support 🙏
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