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RE: Start a business EN

in #money5 years ago

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.

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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.