Is this the right time to power up?

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Hi,

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This month is about to expire soon. On the first day of the next month we'll celebrate #hivepowerupday. I love to powerup as it is the best thing I can do to increase my crypto holding. Some months before price of #hive was just around $0.25. Now it is more than $0.45. It means it it has almost doubled in a short time. So, investment on crypto has lots of benefit. It interact us with the latest technology and also increase our wealth.

It is always wise to increase holding of the tokens as in a long run crypto holding will surely surpass fiats. In that day adopters of cryptocurrencies will be richer. That's why I am trying to increase my stake every month. Powerupday is the auspicious time when I can do it freely. It gives me inspiration and excitement.

I am going to powerup again as this is a cool thing. Some people are powering down as the price of crypto is increasing . We may see a next altcoin season. That will be great. But, I think crypto price won't go much from this level. So, there is no harm in power up. So, I'll powerup again.

With love from @erica.



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6 comments
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Thank you for reminding me. I haven't done it in a while

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The most logical course is to power up as soon as you acquire your Tokens, once staked the new Hive Power is immediately earning interest paid in hive, and augments your Voting power.
However I tend to save some for Hive Power Up Day for the sake of participating as a community. There are often prizes like Hive, H-E Tokens, etc. given to participants if you have less than 8k HP and under Reputation 70 so make sure you use the tag #hpud or #hivepowerupday to qualify. Keep an eye out for #hpud posts for specifics.

PS. And I did win a few prizes in the past.

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