Monitoring your crypto growth seeing the compounding taking place has to be the coolest experience in crypto because it is so real. Who doesn't like to see the daily rewards slowly increasing, nudging up weekly.
What amazes myself is how quickly things start to change after years of growth of what seemed like an age and now the growth needle is twitching more often. This was bound to happen once your overall stake started to accumulate and become far larger resulting in more daily rewards.
I have two projects that are of similar size in stake when it comes to token numbers even though the dollar values are way off from each other that does not matter right now. We know in crypto things can change within a few weeks and why the number of tokens is more important than the dollar value especially where we are in this current cycle.
I can only imagine how much fun it would be to have 5 or 6 large stakes and not just 2 and a few bits like I have currently. This takes time however and why I feel having 2 large stakes is still better than having 10 smaller stakes because you can see the real value being added daily.
The vote value on Hive is how I gauge my real time growth because this influences your daily earnings via curation. Last night it was up as high as 5.4 Hive per vote which realistically means 27 HIVE per day being earned via curation alone. If one had to add in the APR that would be just shy of 37 Hive per day in total with both combined earnings.
It was only last month when I ticked over the 5.3 HIVE vote value so breaking this down as a growth indicator the recent climb to 5.4 HIVE as a vote value means an extra 180 HIVE earned annually. This is growth in the space of only 30 days, but is the overall impact of over 6 years of growth and consistency. You cannot be fooled by thinking it is that easy and is the time growing that is now unlocking the real growth taking place. t will be interesting to see how quickly the 5.5 Hive vote value will be unlocked and suspect this will happen before the month end. One can see the path to earning 100 HIVE daily and it may not be that far away as these numbers start to increase far quicker than you think.
My other stake similar to my HIVE stake in size albeit being roughly 10K more in token numbers, but worth roughly 40% in dollar value is growing steadily with farming of rewards happening daily. These vary between 30 and 50 COTI daily and not bothered trying to keep the timings exact because the sooner the rewards are staked the sooner they are put to work earning more.
Keeping your stake actively growing is the key to earning even more and that is the real fun part knowing these numbers are only going up. I have to admit I struggle with any negativity around crypto because I don't see any especially if you are staked in projects that have huge potential.
The same could be said about my Leo stake which is about to pass 24k and will see 25K as the next target. This again takes time as you are growing on all fronts and not sacrificing one over the other as each one is just as important as the other.
Posted Using InLeo Alpha
LEO has recovered nicely the past few months, rising from about 4 Cents per token to currently about 10 Cents. Let’s hope we get back to at least 30-50 Cents per LEO. The old ATH at about $1 would be even better of course but I doubt we will make that. Not enough traffic and demand I fear.
The problem with Leo is the make up of the community with so many seeing it as income and not an investment to grow so with a rise in value more tokens will hit the market. I hope I am wrong and why I think you have to cover your bases by having both Hive and Leo growing them side by side. It would be an interesting stat to see how many of the Leo community have not sold 1 Leo in the last 18 months.
Yeah, good point. But there are also quite some people like Hive Cuba, Venezuela or or in Ghana who also use Hive as an income source. Maybe not so much in relation to the LEO “Team”.
We will see. I am keeping some LEO but my main bag is HIVE.
I think just letting it grow and not expecting huge numbers he only way too think. If you onboard users who are seeking to make a living then it does add pressure to the token price. I am hoping all the development that has taken place recently will show up in the price. Again there is no rush because if we just build we are also helping to distribute the value around through curation.
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I honestly think the coolest thing about crypto is ownership. Just me, though.
It is a fact that if we want to earn profit from this industry then we always have to invest money here for long term only then we will be able to earn a good profit otherwise we will always have loss from here.