1000 Hive powered - HPUD
Hello Hive Fam
Good day to you all, and I hope you're having a good time wherever you are.
The first of every month is considered a day when people power up and increase their HP stake, which I think is good because this is how they are adding more value to their wallets. I'm not regular on this activity, to be honest, because sometimes I forget it and sometimes I just don't participate for no reason, but today I thought that I should participate because I got to see some of the posts where people shared their power up journey.
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Here I am back on this, and today I have powered up 1000 Hive tokens. I don't know whether this amount is considered good or not, but I have done it, and since my posts are already published with the 100% power-up option from the last few months, I will continue to do this. The reason why I do it is that I believe that the price of Hive is already low, and at this point, the best strategy would be to accumulate as much HP as we can, which I am trying to do.
Once again, I don't know about the future because, currently, the market situation is not great, and even Bitcoin is impacted, so I think about the altcoins where the impact is going to be bigger. It is a kind of bet that I have taken on this platform through Hive and some other points also, and hoping that things are going to be better. For that reason, I also have patience, so I will wait for that time.
Crypto is a highly volatile and risky segment in terms of asset class, but that is also a kind of benefit because we get to enter in a kind of segment where the profitability can be bigger, and it is a part of my diversified portfolio, so I invest in risky and less risky segments regularly to keep my investment balanced. Although I am trying to increase my crypto investment over a period of time, it is not something that I can put such a big chunk into the segment. So I consider it as a segment where risk is a lot but hopefully this is also going to bring more value as a return in the long term.
Thanks to everyone who is trying to add more value on this platform through increasing the stake and increasing their HP, which I have also done, and I will continue to do this in future also as and when I feel like. Let's make this platform a great place and continue to build more power. This time, when the prices are already low, and with the hope that things are going to be more valuable in the future. Thank you!
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