RE: How does HP work and why to delegate it?
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Great explanation!
At the moment I am only delegating to @holozing. Used to delegate to @wrestorgonline but wanted to have some Zing as well.
The only conclusion I can make is, I need more Hive (Power) ^^
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Thank you!
Definitely. A lot of posting brought me a lot of HP when I started. It gives some small returns, but none the less it is always great to see when passive income is happening :D
PS: Do you need so much HP in reserve? Are you curating a lot? The maxed I needed was 100HP when I was playing Splinterlands and doing posts daily...
!PIZZA
I need just a couple for my needs aka playing some splinterlands, engage on hive.
But, I try to curate actively (although my hp is way too low to make that much of a difference imo).
But, I think / believe that being able to give a decent upvote, let's say $0,10, will attract people to check out my articles and interact and get the snowball rolling even further. Ofcourse this is difficult to measure.
The other option is delegating the hp and trying to achieve the highest apr in combination with supporting certain projects.
I don't know what would be the best option. I do know I want more hp as I believe its price will climb during the next bull and in the meantime I can curate and achieve an apr of about 10% + 3% 'free growth of apr' or is this 3% already included in the average of 10%? Not sure on that.
Or I could delegate and try to overperform these percentages which is definitely possible if you keep informing yourself about the different projects and their aprs.
Cool, makes sense then to have the HP available. Good luck :)