This is my second year on Hive and I can’t help but value and feel privileged that I know this wonderful platform because it has a lot of opportunities. Aside the blogging feature Hive has a great investment and kind of a banking system, a decentralised one. Almost every hive user is utilising the HBD saving feature is because it is one of the safest way to invest on the blockchain. Being a crypto investor I have learnt to appreciate valuable investment activities that aims at sustainability and longevity more than quick profit ones. I think a lot of Hive users have realised this and are milking the opportunity. Looking at the Hive space a lot of things are getting built, if you look at the space from a short term perspective then you are gong to see short term results. Like I have stated on my blogs, lots of people have left the Hive chain during this bear market, one of the reasons is because they are not getting much upvotes or value in their blogging. If you discovered the Hive chain and blog space during the bull market, you will notice just how easy for a lot of us to make money and profit on the space.
Lots of people were making a lot of money from the Hive coin and the layer 2 tokens, layer 2 tokens were valued high, some were higher than that of the price of the Hive coin. But today most of them have lost their value, lots of us have dumped our layer 2 tokens, then looking at the number of posts made in a day, the number has also reduced drastically. Lots of people are not posting as they used to post before because upvote value has reduced in the bear market. But watch how the number of post increase during the bull market. It doesn’t cost you anything to be consistent on the chain if you are determined to do so. I have a long term goal with Hive, because currently it is an undervalued gem that a lot of people don’t know. I am looking forward to building wealth with Hive, because I believe in the technology and its future value. Look at social media platforms that people used to build wealth, how did you think they were able to achieve that?
If you try to look at some of the millionaires on some social media platforms you will notice that some of them were able to build wealth off these social media platforms through consistency, vision and not giving up on the platform. Look at Vine, early vine consistent users made money off it, then migrated to other platforms after building their audience then ventured into other businesses. Hive is relatively not so new, build here and have long term goal with it.
Posted Using LeoFinance Alpha
https://leofinance.io/threads/uyobong/re-leothreads-2exnats37
The rewards earned on this comment will go directly to the people ( uyobong ) sharing the post on LeoThreads,LikeTu,dBuzz.
Long term goal is to eventually start buying enough hive to rely on earnings solely from upvotes
Posted using IceBreak
Thanks man..... Long term as always been my bargain with #hive. You've highlighted some powerful keys here which people look down to..... consistency
Without a consistent systems in our businesses, we're doomed to work at the coal-face and we're unlikely to ever get freedom and time to work strategically. Only consistency brings new strategies and ideas for improvement
There's alot people don't know about adoption, the native coin hive can't maintain it's value if there's no adoption, until the price of adoption is paid.
Thanks, I love your post @readthisplease
thank you so much for reading and giving a detailed summary, your summary made my post look better. thanks a lot for stopping by
It is my intention to stay true to Hive for the long term because Hive is still seen as an undervalued entity but someday, those who have gone and those yet to join because they are still doubting would come to regret. The earlier the better now. We that are here have a great privilege to keep acquiring and bagging more and making use of the opportunity.
that is right, grind on here both during the bull and bear season. the early adopters on Hive who started from the steemit days are reaping their rewards and relaxing, its our turn
Yea, it's our turn!
I feel I have no idea how it really works - I come here for the incentives for posting my art and work here, which is nice. What is the savings system? How could this work better as a banking system? I wish I knew the basics...
i see that you have been here for more than five years. Well, for both the banking system and the saving system i will see utilising the HBD savings opportuinity, you get to save your HBD and earn interest which can be withdrawn anytime but you have wait 3 days
Congratulations @readthisplease! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 32000 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
STOPTo support your work, I also upvoted your post!
Check out our last posts: