RE: CTP Chat For June 17th, 2021
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I started delegating some Hive Power. I found that as I delegated a greater amount of HP than what I have received in delegations to this point, it started affecting my HP with negative growth.
I then bought some LHP to get the delegated amount to me to be higher than the amount that I delegated to other projects again. Since then I have seen positive movement again.
Am I on the right track or how should I maintain a balance between delegations I make versus delegations I have received to maintain the best growth on my HP?
I hope all this makes sense...
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For sure man, thanks for that. We'll get into it tomorrow!
Wow what an awesome question. I am working on getting more HP and this would be good to know
I think it depends on what you want to focus on. If you are delegating it to a project paying you everyday then you probably need to power up what you get to get your HP growth on track. One thing to note though is that the HP you delegate does get the extra interest and you get that back when you pull your delegation
Thank you for the helpful information! It makes sense the way you explain it. I do appreciate it!