A solid month of consistent growth, but this does not just happen and has taken years to get to this point. Once you understand the power of consistency you will start growing far quicker. I realized fairly early on that you have to have some type of rewards coming in daily which may seem fairly obvious and just common sense.
Last week I had a few days of doing less than normal due to sickness and yet I was still able to post a few articles. The thought of missing out a day or two does not enter the mindset as growth needs to happen daily. This is how you maintain the consistency as the trick is to have rewards arriving daily which then compound with the stake.
HIVE does become easier to earn as your stake grows and why the time spent growing is so valuable and not to be wasted. Every day I am grateful for being part of HIVE and I really appreciate what we have here. HIVE is a gold mine if you understand growth and know where and how HIVE is earned. This does not need to be a hustle and you need to enjoy the process.
My growth is monitored by the HIVE Vote value which has risen this week from 7.23 HIVE to 7.25 HVE. Again this is not a huge difference but in real value offers an extra 0.1 HIVE being earned daily which is an extra 37 HIVE per annum. Some weeks this HIVE Vote value goes backwards, but it will catch up and will always be bigger at some point. As long as you are earning and doing the occasional power up you will always be growing your vote value which boosts the curation rewards. At some point this year I expect to see a vote value of 8 HIVE but could not tell you when this will happen and could be achieved in 2 months or 6 months.
Around 4 years ago I stopped setting HIVE growth goals as this is more about the community support and not something you can control or predict. The only thing you ca do is to stay consistent by being yourself supporting the community.
The HIVE APR is currently at 3.04% which fluctuates all the time and why most of us just see it as a 3% APR value. A 200K HIVE Power stake would be earning 6K HIVE yearly which is worth a decent 16.5 HIVE daily. s you can see the key is to have the sake to unlock more stake and the only way one can do this is to be consistent over a lengthy period of time. This is why one needs to grow their stake first before they even contemplate delegating to other projects.
The hope is HIVE will one day become a home base for millions of people and all we can do in the mean time is grow as large as possible before that happens. HIVE will be harder to earn when the community grows so these days have to be seen as a great opportunity to get ahead before things do change.
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I agree. A reminder for me to continue being consistent :)
Yes a good reminder to always have in the back of your head.
Wow. The power of compounding can really be felt once you've set up a good amount of hive/hbd.
This is how it works and why stake is that important.
"Great insight! Do you think it's better to focus on growing your stake first or engage more with the community early on for long-term growth?"
Grow both together as you need support in order to grow.
good you see the empty glass half full first in life as i do
Yes I am like that as I see the bad before the good as you can fix the bad by being real about it.
Totally agree. Now’s the time to grow while HIVE is still easy to earn. When mass adoption hits, early effort will pay off big. Let’s build before the boom.
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I completely agree with you on consistency being the key to growth. Your approach to daily rewards and compounding stake is smart. I'm inspired by your positivity about HIVE's potential and your journey. Consistency really does pay off in the long run.
Consistency is everything
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Yes, exactly. Consistency turns effort into progress. It’s not just common sense, it’s a mindset shift that changes everything.❤️