RE: Hive Power Up Day: Putting it all on red
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I've set my rewards to 100% HP now. With the recent bump in HIVE, I found I was dithering about selling the HBD rewards in case HIVE dropped in price. The only time I regretted not having some liquid HIVE was when I discovered that the Hive Punks were minting. I had to hastily watch a tutorial to learn how to put a bit more HIVE into my account. I suppose it was a good learning process though... :)
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If you don't need the money right now then powering up or using savings are the best options. I have funds spread around Hive Engine too, so I can draw on that when necessary. I just like to power up my HIVE, but I will save some up for the start of each month as I like badges :)
!PIZZA
To be honest I didn't join Hive for money in particular. I was attracted to being rewarded for content, but I had no expectation about making anything other than some small change. I just liked the idea of being on a decentralised platform, and learning about web3. I haven't really paid much attention to the financial side of things until recently. The bump in Hive certainly caught my attention. :)
Seeing all the ways that people like yourself are using Hive makes me realise just how much is going on. The badges haven't even been on my radar. I need to learn more.... I wish I was super technical, and also a financial guru. That would be useful!
!PIZZA
Well I hope it is becoming clearer. Hive has lots of options and some people do not even do much of the social stuff. I am having fun with it and the rewards are a nice bonus. I guess I am fairly technical, but I struggle with some of the financial side. Still don't really understand DEFI stuff.
Well posts like this one definitely help, so thank you for that!
I don't understand DEFI, I haven't tried. Baby steps for me. :)