Taking a First Leap of Investment || Preparing for Hive Power Up Day

in LeoFinance2 months ago

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Initial Thoughts


Hive Power Up Day is coming! In almost a few hours now, but I had to squeeze in this post before it all started. Having been actively using Hive for about a month now, I have had enough time to experience the different communities, various talents and challenges and the friendly engagement-heavy people. There is a clear use case with long term prospective. And what do we do with clear use cases with long term prospective? We invest in them!


Taking a leap


Sure, I could just take my time, be active and have patience and earn gradually. That's what I've been doing until now after all. However, that's not the smartest thing to do, even though it has the least amount of risk. I could also go all in on Hive, which would be unwise, concentrating all the risk in to one place. The trick is to find the right balance between them, with just enough risk that you won't go broke if something goes wrong, but just enough investment to make it worth your while on the long run. Next would be to find some guts and to take a leap.


Powering Up


So I took that leap. And for the first time, but probably not the last, I invested some of my own money into Hive. And timed just right for Hive Power Up Day. When I started a month ago, I was hit with that months' Power Up Day, but didn't reach the 10 HP required. This time will be different.
It's also the first step towards building more assets and increasing my positive passive cashflow. But more on that later.



Thank you for stopping by. :)

I hope this motivates you to invest in something.

And be sure to check out the official announcement by @traciyork for more information on Hive Power Up Day.

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That is the way to go, Investing in Hive. Not like I've invested a whole lot myself, I haven't. I'm currently trying to diversify my investments. When the time is right, I'll change some coins on ChangeNOW and bring some HIVE in here.

Wasn't much for me too, at least not in International terms. Locally, in another life, it may have been my monthly salary, had I been less fortunate like many others.

Didn't want to sell any of my other coins either, so that's why I did this one out of pocket. The dropped Hive price was also a good opportunity and maybe I'll buy more if it drops further.

When the time is right

To some extent, that is the right mindset. Don't rush or FOMO, and when the time is right, make your move.

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Hola rarej,

Gracias por destinar correctamente el 100% de las recompensas de está publicación a HP y ayudar al crecimiento de tu cuenta.

Thanks for allocating the 100% rewards of this publication to Hivepower.

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