Reached my dream of 10,000 Hive Power
From the day I started my journey on Steem, I have been dreaming about this moment to reach at least 10,000 powered up a stake. I have written about this several times in the past, but today I'm delighted to share with you all that I have been able to finally reach my goal. This is some kind of goal that I actually set to myself. I know that I could have reached 10,000 HP long back even as soon as switching to Hive, but I had to invest in some more projects like Splinterlands and dCity.
To be honest, I was thinking that this would take some more time for me to reach this state. The transition from Steem to Hive blockchain helped in achieving this goal. I was able to sell my Steem assets and purchase Hive with that. Like I said above, I could have easily reached 10,000 HP long back but I didn't want to spend my liquid funds. Last time when the huge pump happened, I did not have enough liquid funds to make use of the opportunity.
Why is 10,000 Special for me?
During the early days when I joined Steem, the price of steem was around 5$, and I even watched it go till 7$. During those days votes from someone with over 10,000 SP used to be huge. I used to wonder that I have to grow and reach that level soon. Today after over 2 years, I was able to reach that dream, but my vote value may not be that much worth it because the price is nowhere near 5 or 7 dollars.
But we all know that Hive is still in its early stages and the world is slowly getting into cryptocurrencies. If there are some cool projects where people can invest their FIAT, I believe that the price of Hive tokens would increase drastically. But we cannot say anything for sure. I'm able to see only the potential here and that is one of the reasons why I stick with this platform even after seeing the price of the token go below 10 cents.
10,000 HP is very special for me and I will retain this HP forever. I don't have any idea of powering down in the near future and I'm going to stay invested with this Hive power and watch my portfolio grow.
My next steps
From the day I started my journey on Steem, I have spent a lot of money from my real world to invest in Steem. I even bought a big amount of Steem when the price was 5 dollars, 2.5 dollars, and then even at 1 dollar. I had big homes on this blockchain like everyone else and wanted to stay invested here. But recently some of my friends told me that I should also be taking some profit out from the Blockchain now and then.
Considering that, I'm planning to cash out a little bit of liquid HBD I get from this blockchain and make use of it for my other investments. I might even take a little to my real world to pay off some of the loans that I already have. It would only make sense if I cash out some of my earnings from this platform. If the price keeps dropping and in the worst-case scenario, if I don't take any of the profit outside, it may not be a good investment for me.
Diversified investment
Now that I have reached my short term goal of 10,000 Hive Power, I'm planning to diversify my investment on other tribe tokens and other cryptocurrencies for that matter. Till now my primary focus was only on Hive. I'm planning to hold a few other cryptocurrencies as well that would give me some good returns.
I guess I will also be continuing my investment in Splinterlands and dCity game or any other new game for that matter. I guess these games are some of the good investments that we can make on this platform to get some passive income for our time and efforts here. As the quote says that "We shouldn't put all the eggs in the same basket", I believe diversified investment will be a good thing to do.
If you find this article interesting, please vote, share and follow. Also, please share your thoughts in the comments section.
Posted Using LeoFinance
