I have reviewed some of the the previous "AMA". Especially about the crypto world. There is a serious price drops / decline right now. There are also big problems in the world economy.
HIVE price is of course affected by these troubles. Instead of powering down, I'm thinking of powering up day by day and owning more HP. I'm a newcomer to the platform and I'm asking this question from the heart. Especially as a citizen of a country in economic turmoil.
How many hive power should I have on average to make some profit both as a content creator and with curation rewards? What do you think is a good start?
Thank you very much in advance!
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I can't really answer this for you. This is something you need to decide based on your financial situation and how involved you want to be.
I will say don't invest what you can't lose, you don't want your livelihood to be at jeopardy because you can't sell immediately. Take care of your day to day needs, then go from there. DCA is a very viable option.
Your suggestion is really right, yes, I am planning to make an investment that will not force me after I improve my economic situation a little. I think I will wait for it to fall for a while, but if prices suddenly rise, I am afraid to be upset that I missed it this time. Let's see what time will show.
Thank you very much!