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RE: Start a business EN

in #money5 years ago

You can earn HIVE POWER in two ways: The first is by writing posts. The second is by curation. The amount you make through posts is marked below each post. Your blog shows that your posts received $0.40 in upvotes so far. The payout will take place in 6 days.

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The payout formula was created by people who have hundreds of thousands of dollars in HIVE POWER. Half of the payout will go to the author and half to the curators. So, you will get $0.20 as the author. The curators will get $0.20.

The amount curators get is based on the order of the upvote and the value of their upvote. I was first. My upvote value is $0.015. Payroll was second. My guess is that I will make about $0.02 for curating your two posts. Payroll will make about $0.17 for curating your two posts.

Payroll is making almost as much money as you!

@payroll has 598,717 in HIVE POWER. Payroll makes his money by reading and upvoting posts. He bought $65,000 worth of HIVE POWER. The owner of the account did this so that he can make money by curating posts.

There is a metric called voting power. Each upvote consumes 2% of one's voting power. It regenerates at a rate of 20% a day. Most users upvote ten times a day.

Your account has only 15 HP. The value of your upvote is worth only 0.0001 . The system ignores curation rewards under 0.001 . The result is that accounts with only 15 HP rarely receive upvotes.

I just instructed @vagabondspirit (a business account I own) to upvote your post. His account has 16 HP. His upvote is worth 0.0001 (like you). It is unlikely that this account will get a curation reward because it is too small.

The two ways people make money on this system are through writing posts and curation. Your HP is too small to make money through curation.

Sadly, people on this platform do not like interfacing with new accounts. I think it is great that you upvoted my posts. But the $0.0001 I received from the upvote is not lining my wallet.

I tried earning money without buying HIVE POWER. I wrote 200 posts and over 800 comments. I upvoted over 2000 times. That means I read over ten thousand posts!

I made $12.56 for the effort. That was a huge amount of work for nothing.

I left the platform in dismay. I decided to give it a second try. I bought $200 worth of HIVE POWER. I now earn more money per post and I earn more in curation rewards. I wish I bought enough HP so that my upvote would record as over $0.02.

Good luck.

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Thanks friend, I will take it into account, I will make my investment in a while, but I want to try to get votes by advertising my publication, do you know a site?

Your most valuable resource is your time. You have limited resources on HIVE. You can make about 2.5 posts a day and you have 10 upvotes a day.

The monetary value of your upvote is worth less than a hundredth of a penny. Your upvote is all about networking.

Your best bet for making it on HIVE is to find communities and contests that interest you. Examine the accounts involved in the community. Check their wallets and the value of their votes.

You might use https://esteem.app/@curious-data . This app shows the value of upvotes to a tenth of a penny.

Try to publish an article every two to three days. The articles will be your primary source of income. Since the number of articles is limited you probably want to put the English and Spanish versions in the same post.

It looks like you made $0.50 on your posts and zero on your comments.

After you publish the article, you should then upvote other articles in the community. You should then use the rest or your resource credits writing comments on other articles in the community.

The purpose of comments is to get people to read your posts.

Check the wallet of an account before you post a comment on the account. If the estimated account value is less than $500, then their upvotes are not over the HIVE dust threshold.

My upvote value is still under $0.02. I did not upvote your comment because I know that you will not get paid for my upvote.

Essentially, what you are trying to do with this networking strategy is to become part of a voting circle that involves large accounts.

The sad truth, is that the method I described neither builds a good business nor does it produce great content.

Friend, thank you very much for the information. It helped me a lot to know what I am facing, I wish you the best of luck and that your content is very successful! excuse me if I don't understand very well but been using the translator to communicate with you a greeting :D

Thanks for the reply. Unfortunately you need to save all of your resource credits for your posts.

The platform is frustrating beyond belief.

Most people understand the constraints. People do not expect replies.

You cannot edit posts. Each edit costs a full resource credit!!!!

I often write a post in my text editor. I wait an hour then edit it to make sure I don't have mistakes.

Since editing posts costs resources, the people on the platform are forgiving of errors.

My guess is that over 200,000 have tried the platform. Only about 10,000 are still active. Many of the "active" accounts are actually robots or second accounts held by one person.

My biggest frustration: When the upvotes on a post receive less than $0.02, they will usually be wiped away as HIVE Dust. I had several hundred posts with upvotes that resulted in no rewards.

I employed a robot called @dustsweeper. Dusty upvotes posts that have votes but are below the dust threshold. You should get a little HIVE for your first votes this week. Send the HIVE to @dustsweeper . The HIVE you send will pay off.

I will upvote your last reply. I have 2,565 HIVE POWER. I will give a 100% upvote at 100% vote power. There is a small chance that this will be over the dust limit. If not, the value of the vote disappears.

PS: Esteem shows vote values calculated to a tenth of a penny.

https://esteem.app/money/@curious-data/start-a-business-en#@curious-data/q8zxmt

Hey, do you remember a week ago -- back when HIVE was trading at $0.10 -- and I was trying to find a subtle way to suggest you buy HIVE. If you bought $500 in HIVE, you would be sitting pretty on the platform?

I admit, the reason I wrote the post was because I had convinced myself that HIVE was trading at a record low and there was strong reason to believe that it would recover.

Anyway. Today HIVE is trading at $0.40. I would like to reverse my suggestion that you buy HIVE. I now think that there is a strong chance it will drop.

The stuff I said about buying HIVE at a record low does not apply after the price increase.