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Hive power up day, Well structured savings and investment plan

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@monica-ene
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2 min read

Hello Hive

Another episode of our dear power up day has just concluded and its interesting to see as many participants who are willing to stake up hive.
But the most important thing here is why do we stake hive instead of spending it right away when it is not as if we have run out of the things money can buy.

An option for your hive payout can be 100% HP as we have some who have set theirs to that while another option is 50/50, meaning you get 50% HBD and 50%hive You while you can decide to spend the hive right away, the Hive power is automatic saved up for you

Why do we stake HP and participate in powerup day.

Well, some of us lack the discipline to save and invest for the future unless we are forced to do so.
Following the HPUD contest, this is helping alot of people to invest for the future postponing the temporal pleasure of eating all the fruits in your basket now, when you can grow a part of it and have a financially secured future.

Various kind of investments exist, but this is one less risky one on hive blockchain..

While alot of people who believe in hive, go extra mile to invest and staked their hard earned money here, converting their fiats into hive and staking it the less risky approach is to blog, earn and stake.

If you have joined the challenge to stake hive, you are doing yourself a Favour and the faster your stakes grow the closer you are to becoming a while who can curate and earn huge curation rewards daily.
Curation rewards gets larger with larger HP stakes and this might as well become one of your best investments ever.

I have a 10k HP goals before the year runs out, adding 334Hp monthly can help me achieve that and hopefully by next year I could double this amount, investing in the blockchain and fattening my wallets and account.

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