In this post I want to tell you a little bit about how I'm boosting up my Hive account. Besides the curation and posting rewards, there are lots of things happening beneath and outside the Hive ecosystem. With some of them, we might ask if it's really worth the effort but I honestly believe that these tiny streams of income will eventually boost my account and hopefully make it flooded with HIVE.
HBD - HIVE Trading
One of my ways to get more HIVE is to trade it without fees on the internal market. We are experiencing extremely harsh times in the crypto space at the moment but yes, there are opportunities emerging.
I've been keeping some HIVE and HBD as liquid just in case for these volatile days. Now that those days are here I have been trading HIVE and HBD back and forth with a clear goal in my mind - accumulate more HIVE.
I am not staring at the estimated account value of mine but instead, I keep the track of my liquid HIVE and liquid HBD. By using HBD and the market fluctuation I slowly but steadily make small profits and so increase my total HIVE pot. After things have settled down a bit I power up some while keeping some liquid in case of another Luna/FTX -madness.
Layer 2 Tokens
If we move from the base layer of Hive to a second one we'll see that there are lots of different tokens with different use cases. To be honest, this is still somewhat uncharted territory for me. I have some tokens that I don't know where they came from or what I can do with them. Those that I'm more familiar with can produce nice little drops of HIVE.
For example, with dCity game and its SIM token, I get a little bit of HIVE paid straight to my wallet by simply holding a certain amount of it.
Some tokens you can stake and then delegate to curators. You will then get a share of the curation rewards paid in that particular token or in some cases you'll earn a different one.
One such project I'd like to mention is EDS. I bought EDSMM(EDS mini miner) tokens that are now mining EDS tokens and by holding EDS, I'll be earning some HIVE.
WOO Staking
Just recently found this one. Even though I'm still learning the actual gameplay of the Wrestling Organization Online I spotted an interesting staking option on their site. There is a possibility to stake WOO tokens with almost 80% APR. My first idea was to eventually sell the gains for HIVE but now I'm not sure anymore. Anyway, this is a good example of many staking possibilities within the Hive ecosystem which you can use to create an income of tokens to your account.
Rollercoin
Stepping out of Hive for a while. Rollercoin is a mining simulator that I wrote about in this post. At the moment I'm doing a lot of hustling there: flipping miners to increase my mining power and to achieve my goal, making this a truly passive income stream. If and when it happens I'll send the gains to Hive-Engine as DOGE or MATIC.
Brave Rewards
By using Brave Browser I'm getting BAT tokens as a reward just by clicking ads once in a while. These tokens are then sent to my Uphold wallet which is pretty inconvenient but I have swapped them for BCH(cheap transactions) and then sent it to Hive-Engine. There it can be easily sold for HIVE and another almost passive income source is created.
Noise.app
This apps currency is also Bitcoin Cash. I added my Hive-Engine SWAP.BCH address to my profile and now I'm receiving BCH a couple of times a day to H-E just by being active there. You can find more info about the app itself in my previous post.
Hive Backed Dollar
Back to Hive. Because of the current market happenings, I'm all out of HBD but if the situation was different, I'd put some into savings with a really awesome 20% APR. Generated interest will be paid once a month and that could be used to DCA buy Hive for example.
Conclusion
While I'm connecting these streams to a river and hustling all around I've learned that I'm also connecting with people. By studying some layer 2 tokens properties I might end up in an interesting tribe and find interesting bloggers there. From outside Hive, I might connect with people who might then onboard Hive.
So by jumping into projects and always being keen to try out new stuff, I'm creating this network of like-minded people. I'm not only connecting small income streams but also forming relationships. Now there is some value in that.
Thank you for reading!
And please, tell me about your favorite small streams!
Thumbnail image made with Canva
Follow for more:
brando28
Missing out on the fun on Splinterlands? Here is my referral link if you decide to give it a go: Splinterlands
Also check out: Rising Star and Rollercoin
Posted Using LeoFinance Beta
Great work. Keep on hustling and building those passive income streams.
Thanks mate!
I'll do my best!
!PIZZA
Congratulations @brando28! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 8000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
I gifted $PIZZA slices here:
(2/5)
brando28 tipped fiberfrau (x1)
brando28 tipped lisamgentile1961 (x1)
brando28 tipped ifarmgirl-leo (x1)
brando28 tipped liquidocelotyt (x1)
brando28 tipped tydynrain (x1)
brando28 tipped metzli (x1)
brando28 tipped magnacarta (x1)
brando28 tipped senorcoconut (x1)
brando28 tipped mypathtofire (x1) @brando28 tipped @youarealive (x1)
Learn more at https://hive.pizza!
Yes many stream make a large river for sure! And best part is that when a stream goes dry, it doesn't kill the whole thig. It's diversified passive income.
Thanks for the post, I can get down with a couple things you have there I wasn't taking advantage of.
Posted Using LeoFinance Beta
Thanks for stopping by and glad if you found something useful from it!
!PIZZA
You're welcome, and I just thought of one other stream you may like... it's a search engine that pays in crypto (similar to Brave), every search pays a little something.
If you'd like to check it out, here's my referral link: https://account.presearch.com/signup?rid=2192852
And thanks for the !PIZZA
Posted Using LeoFinance Beta
I'll definitely check that out!
@senorcoconut, sorry! You need more to stake more $PIZZA to use this command.
The minimum requirement is 20.0 PIZZA staked.
More $PIZZA is available from Hive-Engine or Tribaldex
The rewards earned on this comment will go directly to the people sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Thank you for this post.
I found a place to delegate my POB to. Every little bit counts.
Posted Using LeoFinance Beta
That's great! I'm glad that someone found something out of it. 😊
I've been looking for some "ultimate delegating" post that would share all the info about delegations...
!PIZZA
Have a great day and evening.
Barb :)
Thanks, @brando28 for your info. #thriveonhive
Posted Using LeoFinance Beta
Thank you for stopping by. Have a great one yourself!
Good work! Multiple income streams is the way to go! :)
Posted Using LeoFinance Beta
Thanks! It sure is, and constantly looking for more of those.
Thank you for sharing these and all the best on your income streams!
Posted Using LeoFinance Beta
Thank you! Always looking for more of those 😊
!PIZZA
All good strategies. !BEER
Posted Using LeoFinance Beta
Thanks!
!PIZZA
View or trade
BEER.BEERHey @brando28, here is a little bit of from @fiberfrau for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.Good job on diversifying your investments @brando28
Creating multiple streams is a great approach.
!CTP
Posted Using LeoFinance Beta
Thank you! Still developing my strategy further and looking for new streams!
Thanks for sharing your philosophy. It seems to be working very well for you.
Posted Using LeoFinance Beta
It is, slow but steady.
Thanks for stopping by!
!CTP
Every bit helps, and there's an amazing array of ways to earn drips of HIVE.
Here are 3 more ways you can earn drips of HIVE:
Posted Using LeoFinance Beta
Thanks for the tips!
BRO is actually on my todo list, the other ones I didn't know about but definitely going to check them out!
!PIZZA
10 DHEDGE is the minimum for daily drips. 😁🙏💚✨
10 DHEDGE? DONE!! 😁
Posted Using LeoFinance Beta
Yay! I love the DHEDGE token and the whole ARCHON/DHEDGE project, and I've put a good bit of focus into getting ahold of as many of both tokens as I can, along with ARCHONM, the ARCHON miner token. 😁🙏💚✨
You're doing a nice job of taking advantage of your opportunities to grow your stacks. Thanks for sharing your progress.
!CTP
Posted Using LeoFinance Beta
Thank you very much Lisa!
And thank you for the reblog.
!PIZZA
Have an awesome day! 😀
!CTP
!ALIVE
You Are Alive so I just staked 0.1 $ALIVE(1/10)@brando28! to your account on behalf of @lisamgentile1961.
The tip has been paid for by the We Are Alive Tribe
through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
Cheers! Have a great on too!
!PIZZA
Can you guide me about leofinance I cant make money here. Came from your noise.app post.
Posted Using LeoFinance Beta
Nice to see you here!
With LeoFinance it's pretty simple, create quality content. So when the readers like your post they upvote it and you will then earn a certain amount of Leo tokens. The vote value of each user is based on their voting power = how much they staked Leo.
Once you have staked Leo yourself, you can also earn Leo by upvoting good, quality posts. This is called curating. Just like with post rewards, half goes to you, half goes to the curator.
Hope this helped a bit! And welcome to Hive!
!PIZZA
Excellent info! I've been actively building my Hive Passive Income Machine for a while now, and I keep adding new components as I discover new things here, like for example the SIM token, I had no idea that holding some gives HIVE payouts! I've been selling them to buy more of the income tokens on my list! Now I might have to reconsider that! Thanks much for a very useful post! 😁🙏💚✨
You are most welcome!
I've been adding those components like crazy, good to meet like-minded people! 😃
About SIM, I think the minimum to hold is 8000 SIM which is not that much. It takes a while though before it syncs but then you will be receiving Hive as a reward.
!PIZZA
Same here! I'm always researching and testing new components out! Well met! I really appreciate meeting and knowing people who also see and understand the mind-blowing potentials of this glorious framework!
8,000, OK, that is also very useful information to know! The delayed time in synching, too! Thank you! 😁🙏💚✨
You are welcome! Let's keep on hustling! 😎🤑
!PIZZA
You know it brother! Onward and upward! 😁🙏💚✨
LUV
@brando28, this post has been manually curated with
Thank you very much! 😊
Great job stacking multiple streams my friend wishing you much success
!ALIVE
!PGM
!BBH
Posted Using LeoFinance Beta
You Are Alive so I just staked 0.1 $ALIVE(4/20)@brando28! to your account on behalf of @benthomaswwd.
The tip has been paid for by the We Are Alive Tribe
through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
Your Content Is Awesome so I just sent 1 $BBH(3/20)@brando28! (Bitcoin Backed Hive) to your account on behalf of @benthomaswwd.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444