While I've started reading the daily articles one by one from InLeo, I was thinking what would I do if I hadn't a job? Well, that's quite simple. I would set some daily routines on Hive that could elevate my engagement and earnings from this ecosystem and maybe, just maybe, that could provide a monthly revenue to support a living. It is not the case (yet at least), but it is hard for me not to see the potential and opportunities that are present here - either on the main layer through HIVE and HBD assets, but also on secondary layer tokens like LEO, SPS, BXT and so many others.
Starting from here, I will do an exercise of imagination and try to define some daily routines on the Hive blockchain.
Curate articles from subscribed communities on a daily basis
First of all it is important to be part of some communities as there's where the power resides. Starting from here I would define 1h-2h per day to go through all the articles from those communities and curate interesting content. Not only that I will earn part of the curation part, but the engagement will be at higher levels and thus increase the chances for upvotes, following and whatever support may come in the future.
Micro-posting engagement
The power of micro-earnings cannot be ignored anymore. Hive blockchain has few solution in this regards - in the form of Threads from InLeo, Snaps from PeakD or Buzzes from D.Buzz. All of these allow fast pace social media with highly levels on engagement and rewards coming from all over the place. While we shouldn't flood the channels, interacting in all these platforms will provide more visibility and micro-earnings.
Provide services through Subscriptions
We are yet to discover the value that Subscriptions from InLeo brings to the whole Hive blockchain ecosystem. If I would not have a job, I need predictable revenue and Subscriptions can offer that. We all need to pays for utilities and other monthly costs, thus knowing on what money we can rely will help us build a budget and know where we are finding ourselves.
Invest part of the earnings
While in this scenario we might think we are in a surviving mode, we still need to invest part of the earnings for the future. Otherwise we'll live from one day to the other. Even if it is a little amount, don't ignore the power of compounding over time. The simple investment into HBD which offers a 15% APR is an example where some of our funds could be diverted in order to put something aside and let it grow 100% passively.
Be an early adopter in the new projects from here
While I would spend most of my time on the Hive blockchain, it would be a petty not to keep an eye opened on the new projects from here. And being an early adopter will allow us reap the most rewards or even to strike it reach. Let's not forget what Splinterlands did in the previous bull run where people either took / could take profits in hundred of thousands of dollars. This can happen again in the future, so be on a lookout and document yourself.
Have fun while earning through play2earn games
Even if I don't have a job, it doesn't mean that I should only focus on earning money. Or even if I do, at least I should have some fun while doing it. And play2earn games like Splinterlands come into our help and let us decompress, have fun, enjoy the thrill of the game, but also being rewarded for our participation to the game economy.
That's my plan to continue earning from the Hive blockchain in case I wouldn't have a job anymore. Everything needs to be taken to another level in order to be able to make a living out of it, but it is quite possible will all the abundant ways of earning from here - both actively and passively. Just need to tap into all these sources and make the most of it.
Posted Using InLeo Alpha
I am diverting some of my USDT to my HBD savings wallet, I think HIVE is safer than any other place right now
That's a good move and I think the HBD 15% APR in Savings is still pretty great.
Yes, I am planning to reach an important amount of HBD and get an additional monthly payslip :-)
To tell the truth, ever since I started working at Hive, my idea has always been to one day be able to dedicate myself fully to this job. I have no doubt that in this platform there are many opportunities and projects to develop, although reality presses us more than we would like to give. Even so, we do what is within our reach, investing from our earnings and the support we give through the interaction with other Hivers 🙂
For me, the best time to actually take advantage of Hive is during the bull market. Pull out some funds, them invest externally, bring back the profit of the business during the bear market and buy very low, cheap coin
@tipu curate
Upvoted 👌 (Mana: 46/56) Liquid rewards.
Those are some good ways to generate passive income on the platform. I haven't been so lucky with microposting but it still adds up. The main thing I think is to constantly provide value through posts, curation and comments. When you support others you definitely will be supported too and thus get some income on hive. Thanks for writing.
@behiver This is an intriguing approach to monetizing Hive, especially given how many diverse ways there are to engage and earn. But, to be honest, I’m not sure where you live, and I strongly doubt that even one-fifth of regular expenses could be reliably covered just by posting and curating on Hive. Sadly, it might take more to make Hive income a solid foundation for living expenses. That said, with the right strategy, it sounds like you’re paving a fun and potentially rewarding path forward!
I'd love to say I could live off of the crypto earnings from Hive but eehhh I mean it would be rough lol. Maybe if the bull market kicked off and Hive was around $1 then that's a very real possibility but right now it would be a major challenge if at all possible.