Buying Over 900 POB
Within the last 24 hours I have bought over 900 POB tokens using all of yesterday's power down of my Hive Power into HIVE. I'll use most of my final power down in less than a week to also buy more Proof of Brain (assuming the price hasn't skyrocketed by then).
I plan to use roughly 25% of my final 414 HP power down to make a special kind of investment. That's all the detail I am going to give right now about that.
I understand putting all of that 414 HIVE in POB is risky. I remember when POB had a value above 1.0 HIVE and there's no guarantee it will ever go back to that point. My original intention was to hodl POB for the long term. To fund @memehive I sold off a good chunk of my POB stake. That was when the price was around 0.5-0.6 HIVE. Buying as much of the POB back around the 0.4-0.5 HIVE range is hopefully going to turn out to be selling high and buying low. It would have been better to have sold off around 1.0+ HIVE though.
This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io
Comments