Time For Another Hive Power Up and Some Hive Strategy Going Into 2023! Last Power Up of 2022! by the-bitcoin-dood

View this thread on: hive.blog | peakd.com | ecency.com

hive-122221 · @the-bitcoin-dood · Dec 1 '22

$4.21

Time For Another Hive Power Up and Some Hive Strategy Going Into 2023! Last Power Up of 2022!

The new year is fast approaching. I can't believe how fast this year passed. It's time for another #HPUD or #HivePud. For those that don't know, many of us power up our accounts on the first of every month. It's a great way to grow your account and also increase your voting power. Not to mention it's a great way to give back to the community with your growing Upvote power. 

This month I'll be converting another 26 Hive to Hive Power giving me 6,800 HP. It's so much fun watching this account grow. I also like watching my voting power slowly grow. 

![Converted another 26 Hive to HP ](https://files.peakd.com/file/peakd-hive/the-bitcoin-dood/23tcPAtiV1Drmh7VftxvUnF3tCebEPTMkZvu37UhzfhS2o8x782h21XBoxWWfHNANVqAD.png)

As many of you know I claim my Hive rewards on the first of each month for tax reasons. This month I earned 56 HP and 16 HBD. I've been trying to get a reselling business off the ground and just haven't been as active on Hive as I usually am on here and it reflects in my rewards. 

I'll be a lot more active once I get this reselling business active. (More on that in a future post). Things are going really well with that though. 

### Nothing Here Is Meant As Investment Advice. This Is Just What I'm Doing. 


![Overall Growth Since Leaving Steemit for Hive. ](https://files.peakd.com/file/peakd-hive/the-bitcoin-dood/23tbGoWbGNucMcSPttaHKLqG1kWgivfZH9SPNEuQkowsGRKHFYLmNVu3GiEBuvHtFbzNG.png)


So let us talk strategy. I currently have about 1000 HBD in savings. At 20% APR, I'm earning about 17 HBD per month. I was compounding the interest but I've decided to start withdrawing the monthly interest to convert it into HIVE. 


Now the price could go lower and if it dips below 20 cents I'll probably start to DCA a nice trading bag. For now, I'm accumulating Hive by converting my HBD interest into HIVE which I'll keep liquid for trading. 

My reasoning is that I think liquid Hive could earn more in the long run than HBD interest. I still don't want to lose that interest though, because at 20% APR, compounding is a huge strategy in itself. So I'll keep track of how much I take out in interest payments and return it when and "if" (there's always an if when investing) we return above $1. 

Based on previous market cycles, my Hive target is usually between $1 to $3 per Hive. Until then, I hodl and accumulate. It's also important to keep posting and curating content. This is how we grow our accounts. You can't just stay active when prices are high. This is the time to build. Grow your content, your follower count, and of course your HP. 

So, that's where I'm at right now. Trying to accumulate as much Hive as possible while wading through the shallow end of the bear market cycle. Keep in mind, crypto winter is probably here to stay, we may be hodling for a year or more. Frankly, at this point in the market cycle, it's good to just sit on your hands. I know nobody wants to say it, but we could go much, much lower and that's when I go on my shopping spree for all things Hive and shitcoins! Until then, just sit back and enjoy the ride while I accumulate a little more Hive through posting, curating, and HBD interest rate conversions. 

There were more pictures but for some reason, they would not load, so I'll spruce this post up with Bugs and Daffy arguing over which season we're in. 

How long do you think this crypto winter will last? Do you have a bear market Hive strategy? 

![untitled.gif](https://media.tenor.com/KjG9Wov2-XQAAAAC/stock-market-stocks.gif)

Happy HivePud Everyone!

👍 newhope, steevc, enjar, traciyork, jongolson, daltono, enforcer48, libertycrypto27, joetunex, fionasfavourites, bil.prag, doifeellucky, dickturpin, adamada, tresor, steembasicincome, killerwot, rt395, bozz.sports, russellstockley, hive-data, sgbonus, sapphirecrypto, rarej, edb, steemseph, chops.support, hivebuzz, blainjones, leighscotford, bnk, memeteca, jazzhero, bingbabe, jacobts, flowerbaby, dismayedworld, bings-cards, cbridges573, bert0, prideofleo, chamathleo, cryptoccshow, todayslight, lizanomadsoul, sd974201, anonymous02, fabulousfurlough, mangou007, bilpcoinrecords, mary-jane, chinito, lionsuit, angelga25

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bert0	2,790,942,982	20%
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blainjones	7,989,523,382	8.75%
sd974201	1,389,837,065	3%
tresor	51,922,881,390	20%
enforcer48	208,310,624,542	20%
sgbonus	24,491,132,497	10%
bingbabe	4,944,539,944	100%
chops.support	8,969,239,699	30%
memeteca	5,499,989,482	20%
dismayedworld	4,460,637,047	100%
mary-jane	499,397,204	100%
libertycrypto27	199,464,692,212	50%
todayslight	1,800,408,161	29.5%
leighscotford	6,695,038,020	8.85%
bilpcoinrecords	584,351,233	13.5%
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flowerbaby	4,627,325,677	16%
bnk	6,135,001,155	20%
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hive-data	27,792,121,351	10%
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cbridges573	3,099,488,924	10.5%
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killerwot	46,716,991,967	100%
prideofleo	2,478,736,198	100%
bings-cards	4,264,183,522	100%

@arcange · Dec 5 '22

$0.02

Dear @the-bitcoin-dood,<br>Your support for the current HiveSQL proposal (#138) is much appreciated but the proposal will expire soon!<br>May I ask you to review and support the new proposal so HiveSQL can stay free to use for the community?<br>You can support the new proposal (#247) on [Peakd](https://peakd.com/me/proposals/247), [Ecency](https://ecency.com/proposals/247), [Hive.blog](https://wallet.hive.blog/proposals) or [using HiveSigner](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22247%22%5D&approve=true).<br><br>Thank you!

👍 the-bitcoin-dood

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@the-bitcoin-dood · Dec 6 '22

$0.08

Thanks for the heads up. Just supported it!

👍 arcange

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@arcange · Dec 6 '22

Thank you for your support @the-bitcoin-dood, really appreciate it! 👍
Without imposing and as we are in a renewal period for proposals, if you could take a look at the [HiveBuzz Proposal Renewal - #248](https://peakd.com/me/proposals/248) as well 😁<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>

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@chinito · Dec 2 '22

😎🤙 yea, $3 HIVE sounds good to me! I like your reasoning on HBD and HBD savings.

👍 the-bitcoin-dood

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@the-bitcoin-dood · Dec 2 '22

$3 Hive would be awesome!

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@hivebuzz · Dec 1 '22

Congratulations @the-bitcoin-dood! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@the-bitcoin-dood/posts.png?202212012114"></td><td>You published more than 2100 posts.<br>Your next target is to reach 2200 posts.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@the-bitcoin-dood) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hive-122221/@hivebuzz/pum-202211-result"><img src="https://images.hive.blog/64x128/https://i.imgur.com/mzwqdSL.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202211-result">Hive Power Up Month Challenge 2022-11 - Winners List</a></td></tr><tr><td><a href="/hive-102201/@hivebuzz/wc2022-recap-day11"><img src="https://images.hive.blog/64x128/https://i.imgur.com/uNPMgnd.png"></a></td><td><a href="/hive-102201/@hivebuzz/wc2022-recap-day11">HiveBuzz World Cup Contest - Recap of Day 11</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202212"><img src="https://images.hive.blog/64x128/https://i.imgur.com/M9RD8KS.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202212">Be ready for the last Hive Power Up Month of the year!</a></td></tr></table>

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@hivebuzz · Dec 2 '22

Congratulations @the-bitcoin-dood! You received a personal badge!

<table><tr><td>https://images.hive.blog/70x70/http://hivebuzz.me/badges/pud.s1.png?202212020003</td><td>You powered-up at least 10 HIVE on Hive Power Up Day! This entitles you to a level 1 badge.<br>Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.<br>May the Hive Power be with you!</td></tr></table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@the-bitcoin-dood) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>


**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hive-102201/@hivebuzz/wc2022-recap-day12"><img src="https://images.hive.blog/64x128/https://i.imgur.com/uNPMgnd.png"></a></td><td><a href="/hive-102201/@hivebuzz/wc2022-recap-day12">HiveBuzz World Cup Contest - Recap of Day 12</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202211-result"><img src="https://images.hive.blog/64x128/https://i.imgur.com/mzwqdSL.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202211-result">Hive Power Up Month Challenge 2022-11 - Winners List</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202212"><img src="https://images.hive.blog/64x128/https://i.imgur.com/M9RD8KS.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202212">Be ready for the last Hive Power Up Month of the year!</a></td></tr></table>

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@jongolson · Dec 1 '22

$0.05

<p>Brings up a good point…I think I may switch up my strategy too going into 2023…Mainly to focus on HBD.</p><p>Lots of cool projects on Hive, but to me, there is nothing more ‘stable’ than our stable-ish coin lol</p><p>!CTP</p><br><br>Posted via <a href="https://veews.io" target="_blank"><img class="img-fluid" src="https://veews.io/images/icon_xsmall.png" alt=""> Veews</a>

👍 the-bitcoin-dood

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@the-bitcoin-dood · Dec 1 '22

We seem to be holding that peg nicely this time around. I exited almost all my "earn and lending programs" due to the FTX debacle and the current liquidity crisis. So far, I've made it out unscathed. 

HBD is my last place to stash some cash for nice interest earnings. I'm really bummed about losing those lending programs during this bear market though. It was a nice place to stash cash and earn while waiting for improved market conditions! 

!PIZZA

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@libertycrypto27 · Dec 2 '22

Happy HPUD!

>This is the time to build. Grow your content, your follower count, and of course your HP.

Completely agree!

I withdrew all my HBDs when HIVE was at 0.30-0.33. I still have active purchase offers in case HIVE goes down in the future.
Between HBD and HP I prefer HP even though the APR (staking + curation activity) is about 12 percent ;)
!CTP
!PIZZA

👍 the-bitcoin-dood

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@the-bitcoin-dood · Dec 2 '22

> I withdrew all my HBDs when HIVE was at 0.30-0.33. I still have active purchase offers in case HIVE goes down in the future. Between HBD and HP I prefer HP even though the APR (staking + curation activity) is about 12 percent ;) !CTP !PIZZA

I might dip deeper into my savings if the Hive price goes below 20 cents. Just waiting patiently and hoping that doesn't happen 😁🍻 

!BEER

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@pizzabot · Dec 2 '22 (edited)

RE: Time For Another Hive Power Up and Some Hive Strategy Going Into 2023! Last Power Up of 2022!

<center>🍕 PIZZA !


I gifted <strong>$PIZZA</strong> slices here:
libertycrypto27 tipped the-bitcoin-dood (x1)
@the-bitcoin-dood<sub>(1/5)</sub> tipped @libertycrypto27 (x1)
the-bitcoin-dood tipped jongolson (x1)


<sub>Please <a href="https://vote.hive.uno/@pizza.witness">vote for pizza.witness</a>!</sub></center>

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@poshtoken · Dec 1 '22

https://twitter.com/2794582430/status/1598422481731473408
<sub> The rewards earned on this comment will go directly to the people( @the-bitcoin-dood ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>

properties (22)