We all know watching a painted wall dry won't speed up the process and it will just happen. The same applies to Hive and don't know why I check my growth daily, but I do and it is a good/bad habit. We all check our crypto portfolios daily hoping for some magic.
There are a number of growth indictors I use for my Hive growth, but if you check them daily like I do after forming possibly bad habits then you are not in for a treat. The growth is tediously slow with miniscule movements every day that unless you zoom out will not really notice any difference.
I see it like watching one of your children grow and you see them every day so don't notice it like someone who has not seen them for a few months. The same can apply to your Hive growth if you write down a few notes and return to them 6 months later to see how you have done. I have never done this and tonight I went hunting for a post with the same time period in mind. I got lucky and found one from 181 days ago that had a screenshot of my Hive vote value.
My biggest growth indicator besides having more Hive power daily is the vote value that your stake generates which as it increases earns you more along with those users in the community you support and upvote. I learned very early on that those people who remain active are the ones with steady constant growth and why they are successful.
Lately I have been wondering to myself why the vote value has not been rising or seem to be rising, but it is very slowly. If you have ore hive Power than you did last week hen your vote value should be worth more and common sense tells you that.
This was back in June and below is tonight which shows some decent growth and I would never have guessed this much. It just feels I have been stuck in the 4.6 Hive vote value for such a long period of time, but that is not true.
The difference is rather big if you break it down over a 6 month period as the extra .39 Hive added to the vote value would equate to being able to earn an extra 711 Hive per year just via curation. Not to be missed out on but you also hand out 711 Hive extra via your votes benefitting the Hive community.
Staying active is the key ingredient for any growth and why it is important to monitor your growth as extra encouragement. The aim I have as a target is obviously 5 Hive as a voting value, but it would also be cool to reach 10 in the future. Hive as a passive income earner is undoubtedly not the same as any other crypto and is light years ahead of what is possible due to you having to be involved and is an interactive live stake.
Posted Using InLeo Alpha
I have a similar habit, checking growth stats, but i like to power up every day so that alone moves the needle along.
PS. I have just registered my hive witness node, hosted here in Adelaide and would like to ask for a vote
I've noticed the same, and I'm not complaining! Being active has made a big difference in my account this year since I only started in Feb!
Staying active is the key ingredient as it sends a clear message that you enjoy what you re doing and take it seriously.
I've seen a lot of people come and go in just this year. I agree activity is the key to success on Hive!
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That's exactly how we've all been looking at our portfolios for the last two and a half years and there was a lot of trouble and now things are going up so we're a little bit happy to see that.