It's Crypto Mondays - Dollar Cost....Not Average!

in LeoFinance4 years ago

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We had an interesting question pop up in our Telegram group today...

A member wanted to know, what is a great way to increase their Hive Power, SPT Power, Leo Power and general crypto stake.

They were doing everything right, commenting, curating and creating every day on chain...But wanted to know, if they were missing anything.

It came down to this...And something we have lived by for years here...

We dollar cost average into everything we do!

From #Splinterlands to CTP, LEO to Hive...There is no better strategy in our opinion that slowly and steadily, dollar cost averaging!

And tonight, we discussed that and so much more :)

Hope you enjoy the show!


Vote for our Witness Node (clicktrackprofit) On..

Hive:

https://peakd.com/me/witnesses

https://wallet.hive.blog/~witnesses

Hive-Engine:

https://tribaldex.com/witnesses (clicktrackprofit)


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I'm doing dollar cost average the other way around. I sell 40 SPS every day and I stake the rest. The 40 SPS I sell go into my SL warchest lol. I will probably use it only well after the pre-sale...

Pretty solid plan. I am very excited to get these packs, and now can't wait to open them

Thanks for the suggestions on Splinterlands and also dollar cost averaging. It makes sense. Take care.

Appreciate the inspiration today for the talk lol

It's really tough to figure out how to plan around vouchers. At least for me, I don't think I want to spend the funds to buy 100 vouchers right now so selling it now even if I lose the promo card works well for me.

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I'm a degenerate Splinterlands addict lol Thats my excuse!

Crypto Maniacs Podcast Questions

1.) You know how when something is new, the state of confusion insues? I may have missed the boat on Bro Coin. In case I did not, did you delegate hive in return for bro? or Was it just by staking Bro, you received drop similar to index? I am a bit confused, but after buying and holding just a little bit of index, with some simple arithmetic I would be stupid not to jump on those sorts of deals.

2.) I am trying to understand the hive power sturcture. To do anything in any of the Hive Communites we need to have Hive Staked ( so far simple ) When we are upvoting our votes pay to the author both hive and the token of the front end I am using to vote. If I am using the CTPTalk front end, the author would get ctp tokens. In addition to this I also get a 50% return on just my hive upvote or would it be both Hive and CTP tokens, so if my vote was .5 tokens ( soon) then I would have receieved .25 tokens for the upvote?

I know you have explained this many times in the past, I am really trying heard to know this like the back of my hand :-) Really appreciate your time :-)

Oh man, I need to remember these for next week's Q&A show lol

No problem I can copy and paste them to Thursday's post :-)

Posted Using LeoFinance Beta

This is one of questions rising from my mind everyday, but I think I finally get an answer to it...Thanks for sharing

Glad we could help out :)

It just feels good getting updates here from @jongolson it's really awesome

Great stuff guys learning a lot thanks for all your efforts