#?Hello community and friends of #indiaunited 😍💕
Hope you are all doing good and enjoying wellness as we keep thriving. A such a good prompt question for this week’s contest from #indiaunited . “Powering up or cashing out rewards?” Truly a question on what Hive Blockchain is all about as we all know and have seen the benefits of the two strategies.
I believe that this two strategies can be employed here on Hive considering that both are so beneficial to an individual depending on what your goals are here on Hive Blockchain as powering up rewards is a means to stake up as much hive as possible which can turn ones life around in the future if it becomes so huge. And cashing out rewards is through the weekly withdrawal that one do to bring out certain cash 💰 which you can save up in your local bank 🏦 or use it for the immediate needs you might have.
When I first joined Hive Blockchain I never had the idea of Powering up until after some time here. My motive was to always cash out weekly to save up the money in my local currency 💴 and once in a while can fall back to this savings in the case of emergency. And as time went by, I began to understand the need to power up some of my rewards, knowing that I have come here to stay. And that powering up is a long term goal which can be fruitful in the nearest future. So powering up here is like savings in a virtual bank 🏦 that you just leave for the future.
My strategy has been powering up a while and then will cash out some rewards because I do believe seriously in a growth which hive stands for, so when I cash out, I save in my physical bank for the purpose of emergency since the economy has caused serious inflation that has made things so bad and not as they use to be. This I see as a win win situation, while hoping that things can get back to normal and will help make my powering up a constant strategy to help build up a dream staking .
This is my entry to the #indiaunited community contest . Join #here
Thanks for visiting and reading friends 😍
Best Regards 
🧡
Images are mine.
