Changing My Focus To Hive, Leo and CTP
"Don't put all of your eggs in one basket". I certainly didn't but instead spread them all over the defi space. Some of them are long-term projects but some require daily attention. One of them is Goblins.cash on SmartBCH. It has been an enjoyable, and profitable, journey playing with bond discounts and staking. However, now it seems it has become somewhat idle. No new discounts for a while, APY fell from 600k to 6k and TVL hasn't risen for a while. It was time to send that asset across the chains and put it to work.
Slow journey towards Hive
So GOB got swapped to BCH and BCH is traveling to Tribaldex. While I'm waiting for a couple of more confirmations I have been playing Splinterlands with the daily focus of Dragon. Right now my focus is on planning how to relocate that soon-to-be arriving swap.bch worth about $120. After swapping it to Hive I'm thinking of splitting the amount between Hive, LEO and CTP.
Why Hive?
The main reason is of course I want to invest in projects I believe in. Secondly, I'm going to increase my overall activity on Hive and this is a great way to motivate myself. I like to work with my investment if that makes sense. I want to put time and effort into growing my account.
For those reasons, I am going to power it up instead of putting it to HBD savings. And besides, the bear season is almost over, right? Right?
Then some LEO
I bought a total of 283 LEO for about 50 HIVE. 80 from that I just powered up to get my LEO power to 200 and the rest will wait for the Leo Power Up day which is 15th of this month.
Here is a good post by @belemo about Leo PUD for further information.
And some CTP
I promised myself to be more active and to start writing posts more often. Once I've done that I need more visibility for my writings and a great way to get some is ListNerds. My total staked CTP amount was about 200 so my voting power was pretty low. To increase that I bought 800 CTP for 21.5 HIVE. I also decided to upgrade my free account to free to Premium.
This will cost me about 42 Hive but I think it'll be totally worth it since I'm getting more mail per click and can send mail more often. It's difficult to calculate the possible profits but this means I'm getting more LISTNERDS tokens and more visibility for my posts on Peakd and LeoFinance.
Breakdown and conclusion
- 283 LEO for 50 HIVE
- 800 CTP for 21 HIVE
- Premium subscription for 43 HIVE
- 98 HIVE to be powered up
This is of course not financial advice but instead of just hoping that an asset will go up, I like to take part and build. Now feel like I have invested in the tools that will help me to do that. Also, I am not completely abandoning my other defi projects, but I feel like it's a smart move focus on something you like and have a passion for.
Posted Using LeoFinance Beta
Good luck in the LPUD coming up! The prizes are impressive.
Posted Using LeoFinance Beta
Thanks! They sure are!
Posted Using LeoFinance Beta
I like your plan. A little skin in the game in the projects you want to be part of, and then keep building up.
Posted Using LeoFinance Beta
Exactly. Feels a lot more motivating than just checking in daily if the price of an asset is up or down.
Posted Using LeoFinance Beta
Awesome!
Welcome to ListNerds. You will for sure enjoy your time here.
!PIZZA
- EvM
Posted Using LeoFinance Beta
Thanks! I've been with ListNerds for a while now but with the free plan. Today I subscribed to the premium one!
!PIZZA
!CTP
Posted Using LeoFinance Beta
You will immediately see the difference 😉
Nice! Can't wait!
Posted Using LeoFinance Beta
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Nice approach, and LPUD should be great !
Posted Using LeoFinance Beta
Cheers!
Posted Using LeoFinance Beta
You have a great approach. Just keep stacking up those tokens and they will grow faster and faster. Thanks for sharing.
Posted Using LeoFinance Beta
I sure will. Thanks for reading!
Posted Using LeoFinance Beta
And besides, the bear season is almost over, right? Right?
Btw, it looks like you have a plan and a plan is much better than no plan like me. haha
!PIZZA
😅 Yeah, gonna stick with it. Hope it's bear proof.
!PIZZA
Posted Using LeoFinance Beta
I like the strategy. Good move! Well done for getting Nerdy!
Cheers! Things just got nerdier!
Posted Using LeoFinance Beta
Wow, that's called a good plan. Good luck in achieving more than this.
Posted Using LeoFinance Beta
Thanks! All the best!
Posted Using LeoFinance Beta
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Thanks so much friend for sharing with us, keep it up, greetings 💗
Thank you for stopping by, all the best!
Posted Using LeoFinance Beta
Great plans friend. Also joined Listnerds recently, so it was interesting to read your thoughts on it!
!CTP
Thanks mate! Btw, @mypathtofire has some really good Listnerds posts that you might wanna check out.
!CTP
Posted Using LeoFinance Beta
Thanks for the mention! !CTP
Thanks for your posts! They really made a lot of things clear to me about ListNerds.
!CTP
Glad to help!
Can see that you are preparing for the LPUD. All the best!! I also bought some leo recently.
Posted Using LeoFinance Beta
Yes I am! Great prizes. Good times to stack LEO and HIVE.
Posted Using LeoFinance Beta
Yay! 🤗
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Glad to see you trying to grow your Hive account!
I think I heard about ListNerds somewhere but I forgot where so I have no idea what it is.
Anyways, good luck!
Thanks! I think even with the free account it really rocks! There's a link in my post if you want to check it out.
!CTP
!PIZZA
This is such a smart way to invest funds gotten from your contents. I really don't know much about CTP.
Thanks! CTP is a token on Listnerds which is a great tool to promote your posts or your friend's posts. It's also a very good place to find interesting new stuff and authors!
Posted Using LeoFinance Beta
Brilliant plan and i can see how well it is working for you. Bravo🔥
Thank you very much! I have a good feeling about this investment.
Posted Using LeoFinance Beta
I'm definitely very bullish on HIVE too and believe in it's long term potential. 👍
!PIZZA
Same here!
!PIZZA
Posted Using LeoFinance Beta
Any future without the bear 🐻 in it is a great one for me and when a plan than also works that’s works for me
Thank you! I hope so too.