Today is the first of the month, today is HIVE POWER UP DAY
Just doing 10 HP from what I have liquid to keep the streak going.
Typically I would like to do at least 1000 every month, but with the January rapid run up in HIVE price and crypto in general, I am not willing to pay the current fiat price and buy it off the open market when the price has almost doubled from the low.
Ratios matters, among various investments, HIVE is not exactly cheap and a screaming buy among all the options right now on a relative basis.
After today's POWER UP I have less than 10 liquid HIVE left. To prepare for the next month's power up, I will purchase HIVE using fiat if we see a significant drop this month, otherwise, I plan to convert other tokens from the HIVE ecosystem in order to continue to participate in the monthly HIVE Power UP Days.
Bitcoin is just above the short-term trendline on the weekly chart, but is breaking down from the daily chart.
HIVE is at that crossroad. Some risks there and it is not exactly all bullish.
Remember to power up, still got 4 hours left!