UNDERSTANDING THE VARIOUS WAYS YOU CAN PASSIVELY EARN ON HIVE

in LeoFinance2 years ago

well it's a must we divers our earnings in every way we can most especially in today's economy that seems to be getting harder every single day that passes by.but for some of us that are so fortunate to be on the hive platform which I believe has been of great help to many of us. there is no doubt that we earn from the contents we create on hive but i think there are still more ways to earn on hive.i can categorically tell you that the hive Blockchain has proven to be the most reliable income stream.but the truth is that we can actually earn more ,not just from your content creation alone. so let look at some ways you can earn on hive aside from the content creation

image.pngsource

UPVOTING AUTOMATICALLY
This is actually one of the most common ways we earn passively on hive, in this way you could decide to put someone on auto upvote or some can decide to put you on autovote, so in this case whenever you create and post your content it automatically get upvoted by those that have putting you on auto upvote likewise you too, in this way you are passively earning.with this you can post your content and go back to sleep while having it in mind that you will be upvoted automatically.

STAKING
This another we earn passively on hive, it just like you are investing it entails you locking some of your cryptos or hive to generate more interest or rewards. fortunately hive has actually made staking so easy that we don't even need to stress ourselves a bit, as a hive user , when you make content and post it part of your reward is been staked automatically although you can unstake it anytime you deemed it necessary, this actually goes a long way in helping to build a users account. mind you , the more stake you have , the more your influence and voting power. most whales we see on hive today are as a result of continuous staking of their hive token which resulted to the amount of hive power that made them the whales they are now.

DELEGATING.
This will actually be last on the list, when you delegate hive to an account it means you are lending that account some of your hive power, usually it's always in the form of support. sometime on hive you see some people asking for hive delegation in support of their project. why delegation of hive power is so fascinating is that which ever project you are donating it to support you are definitely going to get the reward many times more. mind you delegation of hive power is not a must for anyone but a way of showing support.

this are some of the ways you can passively earn on hive.

Sort:  

Another way: have some liquid Hive, and set a higher selling price in the Hive market. If the selling price is reached, set a lower buying price. Rinse and repeat.

I found your post through this post.

!PIZZA

Posted Using LeoFinance Beta

🍕 PIZZA !

I gifted $PIZZA slices here:
@cryptothesis(8/15) tipped @brainstommer (x1)

Please vote for pizza.witness!