Week 15: Should I Panic?

in voilk •  3 months ago

    Woke up today to a very panicky crypto market, mostly red charts, some with up to 30% drop in prices. My Hive portfolio value has been slashed by a few thousand dollars but for some reason, it felt kind of okay. It's different though when looking at my other wallets off-chain. I get doubtful and panicky at times.

    Should I Panic.png

    It occurred to me that it might be better to wait until the Bitcoin halving is over before making any kind of moves (purchases). People seem to be very nervous these days and if the halving day is going to be a "sell-off" event, then it will be nice to be in a position where we would be able to take advantage of some coins or tokens on sale.

    But then again, I still bought a few more HIVE today. Can't resist it when the price has hit 34-36 cents.

    Anyhow, it's the weekend and for those who have been reading me, you know it's time for the progress update. Hope no one is getting bored already with my weekly ramblings.😅 And so here they are, the numbers I mean :)

    Staked HIVE (Hive Power)

    • Current HP: 18,686
    • Previous Week: 18,535
    • Increase: 151HP

    According to Hivestats, 23 of those were my curation rewards, 15 from daily power up, and others from content rewards as usual. A good reason why I stay consistent in creating at least one long-form post daily. The rewards simply add up.

    Staked LEO (Leo Power)

    • Current LP: 29,257
    • Previous Week: 29,192

    Added 65 LEO in the week from HP delegation rewards that are directly staked to my account and also from my manual daily staking in the amount based on the calendar date.

    My content is mostly published on the INLEO frontend and I also engage on threads so there's always a chance of accumulating LEO through this method aside from the curation reward that I get from my Leo Power. Speaking of which, I've just been a recipient of a 10k LP delegation for participating in the previous LPUD. This means I now have at least 39k Leo Power which translates to more rewards whenever I curate on INLEO.

    Sometimes, I also get so lucky and receive some fat LEO Whale upvote on my threads which is just awesome.😍

    LEO Whale Upvote.png

    HBD Savings

    • Current: 840 HBD
    • Previous Wk: 795 HBD
    • Increase: 45 HBD

    A good chunk was added during the week. I just randomly add any amount, depending on my liquid HBD balance. Also claimed the savings interest of 12.70 which boosted the total amount. Would be nice if I'd be able to grow this to a level where the interest is sufficient to pay for my StarLink monthly charge, lol!

    Anyway, here's the quick summary in table format. Still growing amidst the panic in the market.

    Previous WeekWeek 15Added
    Hive Power (HP)18,53518,686151
    Leo Power (LP)29,19229,25765
    HBD Savings79584045


    And perhaps it's time for the hubby and I to plan when should we convert the majority of our crypto assets into Stablecoins, knowing that the bull cycle is not going to last forever. We made some mistakes before and don't want to repeat them this season.

    So how about you, what strategies are you employing? Hope to read them below.

    Happy weekend frens!


    Thumbnail created on Canva. Screenshot from Threads. No copyright infringement intended. 13042024/21:10ph

    Posted Using InLeo Alpha

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