THE FIRST DUMP - HEX STAKING DAY #002 by cryptoxicate

blog · @cryptoxicate · Apr 24 '20

$8.34

THE FIRST DUMP - HEX STAKING DAY #002

![HEX_STAKING_DAY2_Banner_Cryptoxicate_com.jpg](https://files.peakd.com/file/peakd-hive/cryptoxicate/D9qhEnwW-HEX_STAKING_DAY2_Banner_Cryptoxicate_com.jpg)

I recognize my entry was not the best but it is what it is, as mention on my previous post the moment I transfer those $250 USDT to buy ETH I knew this could be a very bad trade and I decided to do it anyways, after the first correction; I dont think its over, the price went down 24% from the price I bought and currently 35.5% from the very top

![image.png](https://files.steempeak.com/file/steempeak/cryptoxicate/qK9bhZjO-image.png)

Today I didnt have much time to read about the project neither to do videos or posts, Im doing this post just to keep track of progress or should I say REKTnage??? but on my way home after visiting a client was watching a few videos because BTC was exploding so was Youtube, and find out that the longer time you setup to stake the higher the reward, tomorrow definitely I have to read the whitepaper but once this stake for 7 days is over will just go and setup the staking for 175 days that will get me all the way to October 15,2020, things I wont do

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1- No cost average, IMO that has never been a good strategy, a bad trade is a bad trade and thats it
2- Not going to reinvest the rewards

Yesterday I was able to stake about 190 HEX and today its at 378, at the moment of this post, thats about 188 but yesterday post was a little bit latter during the day about two more hours so its a bit accurate for a 48 hours of staking

![image.png](https://files.steempeak.com/file/steempeak/cryptoxicate/vPsHHJKz-image.png)

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`author`	likwid
`permlink`	likwid-comment-the-first-dump-hex-staking-day-002
`category`	blog
`json_metadata`	{"app":"likwid"}
`created`	2020-05-01 20:52:06
`last_update`	2020-05-01 20:52:06
`depth`	1
`children`	0
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`author_reputation`	36,087,507,440,149
`root_title`	"THE FIRST DUMP - HEX STAKING DAY #002"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
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`post_id`	97,127,009
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