Today, we will talk about how to make a little income stream with the hobby known as eWrestling.
If you’ve seen my other tutorials or been around, you know what eWrestling is. You know how it works and prolly have been an eFedder for some time, but have you made money from roleplaying? Prolly not.
I have made money from eWrestling and posting to the Hive blockchain and you can too!
The first step here is to make a Hive account if you don’t already have one. If you have a Hive account, then great,we can skip this step. If not? Use this referral link to create your account. https://ecency.com/signup?referral=vastrix
Got an account now? Great! You’ll notice that you don’t start out with a lot of Hive Power. That is the basis of your posting and voting power. The more you have of this, the greater your influence will become and the more you can post.
So you don’t start out with a lot. Everyone at some point starts out with nothing. You should be able to post once and then the resources will take some time to refill before you can post again. Finding someone to lend you (or delegate) a little power to get you going would be nice, but is not required.
To help maintain my wallet, I downloaded Hive Keychain (a browser extension) and work through Ecency.com to actually post instead of Hive.blog. There’s a couple of different methods of accessing the Hive blockchain I do believe.
Now that’s step one and you can go for some time posting roleplays, picking the right community to post to (eWrestling United) and the right tag words to get you the attention and the votes you need to build Hive dollars, Hive tokens, and Hive power. Again, the more Hive power you have (which is staking Hive tokens for the crypto expert in you), the easier time you have posting and the more potential your vote has. Also, since it is staking Hive tokens, you earn a percentage of interest on top of what you have staked.
Amassed a good amount of tokens and want to go out on the town or pay for something? Now this gets tricky. I’m going to assume that you live in the United States and all of the crypto marketplaces that I have seen that deal in Hive also do not do business with the United States. So let’s get to our next step. Creating a Coinbase account to hold your exchanged crypto once you have passed it from your Hive account.
You’ll go to Coinbase.com and set up an account. I wish I had a referral link here, but I don’t have a Coinbase One account. Anywho, you can set up a Coinbase account and here is where you can explore the app on your phone or on the computer and get into the learning rewards where Coinbase rewards you tokens for learning about the different cryptocurrencies and how they work. Bonus monies!
So you will go to https://stealthex.io/ and follow the directions in the site to be able to exchange Hive tokens (I hadn’t tried it with Hive dollars) into any other crypto that Coinbase supports (I’ve been exchanging Hive to XRP for excellent results). You’ll need to follow the directions exactly or the transaction will get messed up and you’ll wind up in the support chat room for hours like I’ve done…twice.
In my case, I exchanged Hive tokens to XRP. I went and had to get the receiving address for the XRP wallet and the address (Hive account) that you are pulling from. Once you have all of the info for the first step completed correctly, you’ll get a Hive address to send your Hive tokens to as it awaits the deposit of your funds and then it will handle the conversion of the tokens and deposit into your account with care. Again, there is a little chat button on the lower right hand of the screen and a ticket system if anything goes wrong.
Then, the XRP will arrive in your account. You can then sell them right away or you can let them rest in the XRP wallet in the hopes that the value of the crypto goes up. It’s a cheap coin so it going up a little bit can mean good gains overall. Sell and then either send the money to your banking account or use the Coinbase Card to spend your money!
Happy posting!