Saving And Cashing Out: My Hive Earning Strategy

[emreal]

Hive Blockchain is very unique. I don't know the ideology behind the blockchain, but I perceive one of the targets is to create a community with absolute balance, where members of the community are taught how to grow their assets, which doesn't disrupt a portion that comes for immediate cash out.

I always give a shout-out to the brains behind the project because I perceived they must have sat and thought thoroughly before coming up with such an idea that favours everyone.

I know there are people who would want to receive everything they earn instantly, but come to think of it, if the system were designed that way, how would we grow the platform?

I know there are whales who are the main backbone of the blockchain, yet all our contributions count. In a situation where everyone is taking away all they have, the system may not really be stable.

Hive’s principle of splitting earnings into two: Hive power and Hive is okay with me 100% . I'll be honest, saving Hive as HP has really helped me.

If all my earnings come as unstaked Hive, honestly, I am sure that by now, I would have emptied my Hive account.

I don't have much, but seeing the little I have as savings is so encouraging. But I won't fail to mention that the time it takes to power down is also too long.

We stake a position for the bull, but sometimes when the bull comes, before you unstake, the market is already down again. We know how unstable the crypto market is; such situations hurt a lot, honestly.

Coming back to the prompt, I am someone who both wants to stake and position for higher returns and to also cash out some, but frankly speaking, I have not been able to do the saving aspect.

For quite some time now, I have been cashing out my earnings. It is not as if I don't want to save, but I can't help it.

I have even been powering down for some time. Some people would think that I am not serious, but if I have my way, trust me, I would have been powering up more than everyone on the blockchain.

Well, I know with time, my desire will come to reality, I will stop powering down, and I will power up often.

Powering up has a lot of advantages; it gives you higher returns from curation, aside from that, it gives one the privilege to support others in a more significant way, as curation would be tangible, and that would be a good source of motivation to the receiver.

Apart from these, it is also a way of building the platform; it's more like adding more support for the platform to stand.

You can access this contest.

here

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N.B: All Images Were Generated By Gemini AI

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Thanks For Reading

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Comments

[indiaunited]

This post has been manually curated by @bhattg 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.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

_{100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.}

[sagarkothari88]

Savings are meant for withdrawal. No one should question why/when/what.
But yes, at the same time, it's highly encouraged that people stay invested in Hive.

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[emreal]

That's very true. You balanced it all..

[sagarkothari88]

Thank you @emreal
Some day, try apps we've built & let me know how it goes.
Use following link.

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