I bought a 10k Hive in June last year when the price of Hive dropped to 30 cents. A few months later, when the price went over $1, I regretted not buying 50k.
Starting from May this year, the Hive price started to decline dramatically. So I transferred my stable coins to my Binance account and waited like a lion preparing to pounce on its prey. On May 11 the Hive price dropped to 40 cents for a few hours and I was able to buy a 10k Hive. Later, the price of Hive rose to 58 cents. I was proud of myself for buying the dip. However, the Hive price began to decline again. I made another 6K purchase at 44 cents.
In the following days, there was a great collapse in the market and the price of Hive fell to 33 cents. I made another purchase of about 10k Hive from that level. I used some of these Hives to buy Leo tokens. As of today, I have reached my 50k Leo power goal.
With the purchases I have made recently, I have reached 50k Hive power as well as 50k Leo power. But 20k of my Hive power comes from a delegation that is about to expire. On the other hand, today I entered an offer to rent 40K Hive Power on Dlease with a yield of 10,37%. So I hope to have leased 40k Hive power instead of 20k delegations ending. If my lease request is met, I will have reached 70K Hive power.
In the coming days, I aim to have 50k Leo power and 50k Hive power regardless of delegations. I need to buy a 20k additional Hive for this. If the Hive price drops to the 20-25 cent band, I will make this purchase, but I do not wish for such a situation to occur. If prices go up, I can buy another 10k by the end of this year with some NFT sales, my writing income, and my last crypto funds.
For the end of 2023, I have a target of 75k Leo power and 75k Hive power. I plan to write an article every day to achieve this goal. I also hope that the Ragnarok NFTs that I will have in the coming period, as well as the Hive Punk and PsyberX NFTs, will support this goal.
For the end of 2024, should I set a target of 100k Leos and 100k Hive? Events in the crypto market are developing so unexpectedly that after a while all these numbers may become meaningless.
Earlier last year, I had a $3,500 crypto portfolio. At the end of last year, the size of my portfolio increased to $53,500. My portfolio is actually very small compared to the end of last year. I'm trying to turn the bear season into an opportunity with the funds I just added to my portfolio. Let's see how this effort will turn out.
Thank you for reading.
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