Let's talk about the elephant in the room right now when it comes to this blockchain...
There's a whole bunch of accounts that got in super early or purchased a ton of stake that are enjoying the benefits of curating on chain. These people literally laugh their way to the bank every 7 days because they don't need to create content, they literally just go around and like things.
Every 7 days, they get crypto in their wallets....It's the easiest gig on planet earth. And a lot of us dream about that some day, however for regular folks like yours truly, it's just not in the game plan.
You either have to have really deep pockets or got in when this blockchain first started. We are told to show up, put in the work and sure it does pay off....But the dream of living off your curation efforts is limited to a select few on chain.
So what do we do?
I have sold a bunch of my stake over the past few years, life happens you know, but if I didn't and kept my content pumping in the almost 7 years of being here I would be around 200-250k $HIVE Power.
Which is obviously nothing to be ashamed of, it's quite impressive but even then, I'm not going ot be able to 'live off' curation. But that's where the beauty of layer 2 tokens comes into play....
A lot of us in $LEO have been stacking for years, buying super cheap tokens and curating as much as we can. I saw @dkid14 mention in a Thread yesterday that imagine if $LEO ever hit 5 bucks....That's pretty exciting when you think about the fact I'm buying 100 LEO every day right now for about 13 HIVE.
So there are some pretty big opportunities to stack affordable and easily accessible layer 2 tokens ON TOP of the $HIVE you are generating. Yes, it's a long term strategy, but it's so powerful because it can be hands free and set on auto pilot once you stack enough.
Another option, is to build your stake in lesser known layer 2 tokens. I've been doing that with #bbho the community token for the BBH project. And I hit quite a milestone yesterday:
Crazy huh? Now this didn't take much effort honestly. I might have spent about 50 bucks of my own crypto to hit this, but I've been able to stack....More than 50% of my entire stake, just from curating!
So powerful! I bought enough to quickly rise in the rich list, and just curated people in the community for the past month and a bit...Now I'm the number 1 token holder LOL
Ok, maybe bbho never reaches HIVE or LEO levels. And that's fine. I can still help a growing community by spreading out the token through curation. And heck, if it gets to a penny or more, I can generate a pretty decent revenue stream.
So while we may have missed out on early HIVE or even LEO stacks...There's nothing stopping us from being elsewhere on chain and start driving our curation income!
Posted Using InLeo Alpha
Curation is quite powerful. I went to check my own tokens and it's been growing quite a bit for BBHO and the BBHO powerup day is tomorrow.
Tag me in your posts if you create anything with bbh in it, I'll make sure to get you some votes.
It does feel like a grind sometimes to earn the rewards, whether by content creation or curation, but the primary selling point of HIVE to me is having an immutable blog that cannot be censored or suspended.
That was never the reason for me to blog here. First it was the rewards but the more I posted, the more it was because of the amazing people here. Community was king for me.
yes the community is the best I've found in tcrypto space
Anything is possible during a proper bull run. As for Leo at 5 bucks, it's not going to be impossible, it sounds just intriguing..
Curation is one of those rewarding venture as a big stake owner
I'd love to see it, even at 1 dollar would be sweet!
Great numbers inspite of the power downs and you are an inspiration to many of us :)
Well, it happens with all of us, and these earnings if those doesn't come handy when we need those the most (like real life crisis) then there is no point in earning those :)
Have a great Saturday and a great weekend :)
I'm pretty close to stopping power downs for good. Maybe a few more weeks on Hive. But I'm done on $LEO for a while now. lol
Great to know that sir :)
Have a great night and a great Sunday too :)
I really want to build on Leo tokens. Looking for possible strategies to meet up. Adding to that, I don't really understand how the rewards comes from Leo stakes and curations
It's such an awesome token and even better community.
Interesting and inspiring. I also noticed how powerful curation is after joining a few curation trails(which I joined late, well better than never) and still curating a few posts manually, it added up to my HP faster than I thought even as I don't do long-form content often.
It's cool how there are different ways for the micro earnings on Hive to keep dropping in our wallets.
Congratulations Jongo for being the top in the BBHO rich list.
Happy BBH Drip Day! 😁
Yeah you never know what may be the next big thing on chain. No matter what, you can always flip it for hive and leo :)
there is no such thing as fair game in crypto
So true!
That's a good investment idea for Hivers that can't 'live off' curation like the privileged few. The problems to this idea are knowing which is the right token to purchase and then having patience until your investments pay off.
Concerning Leo climbing to $5, that's feasible but hard. Even $1 would be a big achievement for Leo. We just keep stacking and wait for the big miracle to happen. Thanks for recording your thoughts on this issue and have a good weekend.
Yeah would have been nice to ninja mine all those tokens at the start lol but alas, we have to work with what we have.
Excellent work! I liked your philosophy!
!BBH
@tipu curate
Upvoted 👌 (Mana: 43/53) Liquid rewards.
This post has been manually curated by @steemflow from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
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STOP@jongolson! @crazyphantombr likes your content! so I just sent 1 BBH to your account on behalf of @crazyphantombr. (2/5)
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