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RE: Hive Power Isn't A Passive Income Source .:. Late Night Blogging

in Rant, Complain, Talk7 months ago

Hmm, people are in a hurry to power down already? I guess, better too soon than too late, for those who want to take advantage of the bull market.

Personally, I agree with you. HP is more than staking. That's why I will only power down from my "staking account" under special conditions, but not for the reason of a bull market plan. I do however plan to power down my posting account at some point during this bull market, but it has about 10% of what I have in the staking account.

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I will probably skip powering down this bull, and maybe the next ones too... lol... My taking profits will be from layer2 tokens and through some HP delegations profits...

But, it is always a good option to take some chips from the table... If something unexpected happens, maybe I will have to power down too...

My plan is to buy HBD with most of the powered-down HIVE from my posting account later on and buy back at the end of the bear market, and see if that works out better than keeping HP and using it throughout the entire period.