When I first started exploring the blockchain, the place I landed on is what eventually became Hive. As my new online home for blogging-related activities, it helped restore my love for getting my thoughts out as a writer and becoming a better content creator. However, what I started with wasn't much at all.
It was a bare-bones operation, since I was a busy student without a lot of money. In fact, I wasn't able to put any money in until the fall of 2017 when the great run-up in price began. It wasn't much at the time, as a few hundred bucks was all I could afford. The increase in my voting power was a balm that allowed me to have more of an impact in curating and even eventually helping out brand-new accounts so they could get started as well.
It was a bare-bones operation, since I was a busy student without a lot of money. In fact, I wasn't able to put any money in until the fall of 2017 when the great run-up in price began. It wasn't much at the time, as a few hundred bucks was all I could afford. The increase in my voting power was a balm that allowed me to have more of an impact in curating and even eventually helping out brand-new accounts so they could get started as well.
At some point after the fork, and the formation of tribes, the realization hit me that there was a better way forward for smaller accounts like mine. Instead of dipping into every new token as it came out, I'd concentrate my limited funds into a small cadre of favorite tokens in order to have a bigger impact.
At one point, I had over 25k DEC as I realized it's importance in Splinterlands. Started building a collection of miners in order to "make it rain" even more crypto. Got into dCity, and built it up into the top 300, which fueled steady growth over time. When the price peaked in any one area, I'd collect some of the proceeds and use them in other strong tokens when their price dipped lower. Thus "robbing Paul to pay Peter" became a thrifty way plant even more crypto-seeds and watch them grow.
So while none of this is financial advice and you should do your own due diligence, it is something that I tried and found that it worked for me. Even today, this planting and harvesting is something I do without fail. When the bitcoin price plunges lower due to some action from China, I stand ready to buy more crypto on sale. Blockchain technology isn't going anywhere. When I invest in crypto, I'm investing in my own future.
At one point, I had over 25k DEC as I realized it's importance in Splinterlands. Started building a collection of miners in order to "make it rain" even more crypto. Got into dCity, and built it up into the top 300, which fueled steady growth over time. When the price peaked in any one area, I'd collect some of the proceeds and use them in other strong tokens when their price dipped lower. Thus "robbing Paul to pay Peter" became a thrifty way plant even more crypto-seeds and watch them grow.
So while none of this is financial advice and you should do your own due diligence, it is something that I tried and found that it worked for me. Even today, this planting and harvesting is something I do without fail. When the bitcoin price plunges lower due to some action from China, I stand ready to buy more crypto on sale. Blockchain technology isn't going anywhere. When I invest in crypto, I'm investing in my own future.
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