Quote from: qiwoman2 on November 26, 2014, 01:50:31 PM

Quote from: Serby on November 26, 2014, 10:10:24 AM

Quote from: qiwoman2 on November 26, 2014, 08:42:50 AM

Quote from: Serby on November 26, 2014, 08:21:39 AM

Quote from: qiwoman2 on November 26, 2014, 07:46:17 AM

Can someone give me a good long term strategy for HYP? I am now nearly back to 30k coins just got to grab 3 more K..I started with 19k most bought at 6-8k sats, few k were bounty as well..Now I had to sell a few last week but got them nearly all back now. I was thinking to grow them to 100k if possible through staking and buying a few more then begin say taking out 30% roi from my stake and grow/ compound the other 70%..Is this idea any good? Or are there better strategies for long term growth plus turning over a profit?..

The idea is full stake, not selling at all.

But eventually you want to make your investment back slowly slowly and some monthly roi no? Say after 1 year or so get back your initial and slowly be in profit?

Consider it like a profit made on interest rates on a bank account, if you move your 30% from the wallet, it will be 19k minus the 30% staking, instead of 30% on top of your 19k. That's why those who know better never sell the profits made with their stakes. Not to mention that, after this phase where we see HYP value has stabilized, it will undergo major implementations/improvements as the devs are working hard on various projects. That means when you sell, it will probably turn out to be at a loss (considering you bought at 6-8k). Patience is the key.

PS, when the price rises, it does so fastly more than slowly, so you can hardly make up for lost time if you sold beforehand.

Thanks for the kind explanation. I am now back to my 30k HYPS so happy to let them stake for months now hopefully without touching them. Yes My Idea is to only sell from staked stakes when my account really grows..Now I understand how you put it.. Wink

Also keep in mind that we are still in a phase of max reward, so stake as much as you can.
Pick up some cheap coins and expand your stacks.