Photo by Aaron Burden on Unsplash
Disclaimer: This post is not financial advice. If you decide to follow my strategy you do so at your own risk.
Total CENT Power: 949
Goal: 10000
It is a little early but I am going to go ahead and celebrate having reached 10% of my goal. I still haven't hyper compounded from a couple of posts and I should be over 1000 staked once I do that.
I have also decided to change my strategy a little. I have been considering this new strategy for a couple of weeks and I think it is time to implement it.
Ok, so what is the new strategy? I am going to buy roughly $50-$100 worth of CENT on my primary account and delegate the cent power to this account . The reason I am doing it that way instead of buying it on this account is for two reasons. 1 I do not have enough liquid Hive to do so on this account 2. This experiment was originally to show people how they can start with a small amount and work their way up. I have doubled the amount of CENT power I have without putting in additional funds and just using post and curation earnings.
This is fine and I enjoy the growth, but I really want to give it a boost. If I wasn't doing this experiment I would have done this a few weeks ago. This way I am still technically not putting in any fresh funds on this account and since this is mainly my curation account it makes sense to delegate the cent power from my main account.
Yes I understand that is is not quite the same as just using earnings to power up but after running the numbers and seeing my curation earnings at approximately 1% a day right now, I want to take advantage of that and scale up a bit. Technically the $50-$100 I am going to use from my main account is earnings from gaming and trading so it still is using earnings just from different sources.
I hope that all makes sense. It will be very interesting to see what happens with my earnings next week.
Thanks so much for reading and sharing this journey with me.
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STOPCheck out the last post from @hivebuzz:
Why buy Cent if you don't achieve your goal of being worth a cent? I don't understand it very well, can you explain it?
Posted Using LeoFinance Beta
I don't understand your question. My goal is to reach 10000 Cent power. My goal has nothing to do with what the token is worth.
Yes, sorry. But why do you want to have a token that does not meet its objective? I do not understand why you want the power in cent?
Posted Using LeoFinance Beta
I just bought cent on my other account and the price was approximately 1 cent, so I don't know why you think the token has not met it's objective. Anyway I am doing this for fun, so that's my reasoning.
Okay! If you excuse me, I have been a bit confused in my reasoning. You're right.
No worries :)