RE: Meme Coins Week 47 | Continued Carnage!
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Yeah, it has been brutal! Today Near and Ondo are showing some signs of life and even ETH is up over 2% hopefully we will get more of a bull market soon.
While we are waiting for that I decided to commit more to HIVE and invested into a Hive witness node.
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I'm quite pleased with Hive as an investment as it at least allows to earn more than what it inflates at when you are active. At the same time, the lack of incentive for users to actually buy and stake Hive combined with all the post payouts that are mostly sell pressure makes me cautious.
I guess the best way to go about it is to just lease Hive Power, from what I experience the ones how fill the lease on hive engine need to manually claim it back so when they don't do that the lease stays at no cost until they do (not 100% sure but that is what it feels like)
Hmm... I was looking at leasing some Hive, but at 9.35% APR it is higher than the 8-9% APR I usually get on my curation. How do you make it work hope that the lease is not cancelled in time so you actually get a higher APR than what you are paying for the lease?
I still have 2000 HP leased to me at no cost and it's been almost a year I think. I guess the trick is to have multiple smaller leases and hope some of them don't get canceled. The fact that you have higher HP usually also means you'll get more upvotes on your posts which compensate for the slight loss in curation. Overall if you are active on hive and below a certain range below 50-100k HP, I guess it's always +EV to delegate. Once higher it likely won't lead to more as it gets exponentially harder to get more upvotes once your posts already do reasonably well.
good luck!