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RE: Notes from a Novice Trader: New Diesel Pool, More Rewards

in LeoFinance4 years ago

I had been thinking of moving some BTC to Hive Engine, but with so much blood in the streets lately it may be better for me to buy more BTC now and only after the prices rise again more that extra BTC into Hive Engine. This way I can buy more HIVE+ (HIVE plus Layer 2 tokens) for the same quantity of BTC. This will likely be how I grow my HIVE+ bags going forward.

As for ETH, I'm OK moving most of it into Hive Engine for the same reason. While I don't doubt ETH and its place in crypto, dealing with it it too much of a hassle. Just looking at the price costs me too much GWei.

Litecoin (LTC) is a crypto I want to stack, so I'll go 50/50 in keeping some LTC and moving some LTC into Hive Engine.

Before, I was accumulating and/or buying HIVE+ independently of other cryptos. Now I want to use other cryptos as a means to acquire more HIVE+.

Until recently, I had been selling many Layer 2 tokens for SWAP.HIVE, but the results have been mixed. I think my plan now is to let the HIVE+ accumulate regardless of token and turn excess BTC/ETH/LTC into HIVE+ periodically. I may as well let those 3 cryptos do the work for me.

(I would sell off the little BLOG I have, only it takes 60 weeks to unstake and I have 38 weeks to go. Had I known that detail when I acquired BLOG, I would never have staked it. Don't stake BLOG!! LOL)

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