RE: $8 Or A New ATH?
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I rode the entire last full bull run from the bottom to the top and back down again. Selling a % of your Hive at the top (even if it's from powering down) is probably a move you'll appreciate in the long run. Do the math on your HP if Hive 5x, 10x, 15x, etc., and make sure you can live with the dollar value going to that point and potentially back down to today's levels. Hitting the sell button isn't easy, but that's how you make substantial money. These types of moves are where significant wealth can be accumulated and compounded later during a potential bear market (whether you stay in fiat, buy into BTC which drops less, or put it into stablecoins/defi to earn passive yield).
If you sell some, you've protected a portion of your profits. If it drops, you have more flexibility. If it goes up, you have plenty and a nice income stream coming in from your posts to build it back up. Just my two cents.
If you truly want to hold all your HP, there's nothing wrong with that. I just get nervous about people holding their HP staked too long in another end-of-cycle run where life-changing money comes and goes, while those who sell gain a few legs up. I've never invested in Hive because it's too centralized for me, despite the natural claims that it's not (marketing), so I have a drastically different view than those who've invested.
I understand what you're saying and obviously there are benefits, but I don't think I'm going to use my stake this time. I have a few portfolios, here and there, serving different purposes, so among those there are ones that I'm going to use in this bull cycle.
Thanks for your opinion.
Posted Using LeoFinance Beta
Just to let you know, I slept on it and consider what you said a good option. Will take some profits after all 😊
Posted Using LeoFinance Beta
Decisions are best made after a good night of sleep. Even if you change your mind, having some HP unstaked and liquid in preparation at least gives you the freedom to make sure a move if you plan for it. If everything is staked, then you're completely stuck outside of waiting for powerdowns, during possible quick market moves. Taking a % of profit is never a bad thing as hard as it is to actually do since we get so emotionally invested in our digital assets.