Its Hive power aka HP is never enough and it's something that people want to have as much as possible. I have completed six years on this platform. I have accumulated over 75K H and am still trying to increase the balance as much as possible. There was a time when I used to think that 50,000 HP was my goal and once, I achieved that then I was going to stop myself but that never happened. When I achieved the milestone of 50,000 HP then my thoughts changed, and I started accumulating even more Hive Power. I don't remember exactly when this 50,000 HP milestone was achieved but I believe this was done in the last quarter of 2023 and its not even one year.
Hive Power Accumulation Journey
@liotes tracks the hive power increase or decrease for its members and today I just went through their posts to see how I grown my HP. I had 33144 HP on 21.12.2022 and on 26.12.2023 I had 52424 HP which is an increase of 19280 hive power. This year on 08.01.24 I had 53047 which is like the start of this year and as per the last report they published on 27.08.24, I had 72313 HP which its an increase of 19266 hive power. Today I have 76,006 HP as of 1 Oct 2024 and its an increase of -3693 hive power in a month approximately. Their last report out was done on 27th August 2024 which is slightly more than a month and I think that I have increased my HP significantly even in a month.
Powered Up 100 Hive
This is what I have this time and now I am also going to power up the hive today on HPUD.
The power-up is done and below is the notification for the transaction I have received on Discord.
Now this balance is updated and this is what I have after the power up. My participation for the power-up day is done and I did it with 100 hives.
I powered up a lot in August and if you look at the overall transactions then this is how it looks like. I believe that the current price is a great opportunity to stack more HP and that is what I have been trying to do for the last few months.
Accumulation Strategy
I have not set up any goal or timeline for me as of now, but I just try to do as much as possible, especially this time when the price is low. I am trying to accumulate more of HP, Leo and SPS. I bought a good chunk of tokens when the hive price was 15 cents approximately and currently it is in the range of $0.20 and if it drops further to that $0.15 then I will be buying again. I think that the $0.15 price mark is such a fantastic opportunity for us, and I did not want to miss out so whatever funds I had at that time I used to buy hype and power it up. Somewhere I have a thought to make it 100k and I don't know when it will be done but I am on it to achieve it someday. Other tokens like SPS and Leo are also on my list, and I am trying to power up both as and when possible and growing the holding.
We're in the bear market and I believe that it is the best time to accumulate some coins that we believe are strong by fundamentals and have a higher chance to grow over the period. Hive is a valuable coin but because of the bear market its available at a discount and that is the best time to buy hence I am doing my part. I hope more people understand the value of hive this time and they accumulate more power because later on this will be a great move when the value will be appreciated during the time and market recovers. The market recovery is not far away, and people are expecting that by the end of this year or maybe in the next year, we should be in the bull market and whatever time we have can be used to build and ready for the market move. It's hard to buy when the prices are high and that is why the bear market is the best time to buy more at lower prices and same I have been trying to do.
Thank you
Posted Using InLeo Alpha
