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RE: Daily Crypto Markets Live Blog: Cryptocurrency Markets Getting Blasted (09/25/21)

in LeoFinance3 years ago

So what do we overcome that objection (a potential Achilles' Heel)?

I am not so sure what can be done. Increasing the payout window won't help at all. Need some other mechanism to solve this.

We have tips on Peakd but does anyone use them? I don't think so!

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Whether we try to attract influencers and shillers or not, where may be some things we can try while keeping the earnings system as-is:

  • Add evergreen content -- The @crypto-guides project spearheaded by @forexbrokr is the leading project of its kind on LeoFinance, and other tribes can do something similar.
  • Show people ways to invest -- Not in the financial advice sense, but as Hivers helping Hivers and Leos helping Leos:
    • Which accounts can receive delegations for daily payouts in HIVE? It's probably more than we realize.
    • Which accounts can receive delegations for payouts in other tokens? For example, holding staked COM pays out in both LIST and WEED.
    • Show the evolution of a Hiver from Day One to Dolphin:
      • Between 0 HP and and 250 HP, do these things;
      • Between 251 HP and 1000 HP, do these things;
      • Between 1001 HP and 2000 HP, do these things; etc.
    • How to bring cash to the DEX;
    • How to cash out;
    • How to get more from HIVE and HBD;
      There are tricks that have been developed over time which go beyond the basics we learn at first. Knowing where to go to find this sort of information will be useful to both normal Hivers and the influences we'd like to bring over.

This sort of information doesn't need to be centralized, but it needs to be more easily available for all of us to access and update as needed.

If we can show how influencers can still make the big bucks even without considereing the 7-day earnings period we use, this would be huge for us and for them. They wouldn't want to start from zero and spend 5 years to reach 1 million HP, but if they know they can bring over their Web 2.0 money to Web 3.0 Hive and let math work in their favor with the insane returns crypto is famous for, that can work in our favor.

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These are some amazing points, Magna. I think answers to these questions would make a great guide for a newbie on Leo Finance or Hive. Many people struggle to find answers to such basic questions even after spending a good time on the platform. Hive/LeoFinance are not just content creation platforms. There are hundreds of other opportunities catering to different kinds of users and their interests ✌

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Guides covering these topics would be for everyone, not just newbies. How much did you learn about making more HIVE/LEO when you were a newbie? Not that much. I'm guessing you picked it up after three months as you followed the examples of a number of your fellow Hivers and Leos.

Even if you learned about many ways to earn more crypto here, how long did it take you to get in a position where you could do any of those things? Someone constantly in RC Jail wouldn't be in a position to post, while someone with 1500 HP can delegate to a number of accounts and even invest in successful projects from LeoFiannce and the crew at Hive.Pizza. Having a roadmap for Hivers is just as important as having a roadmap for Hive social blockchain.

People just need to know what is out there and when it makes sense for them to do those things.

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I'm guessing you picked it up after three months as you followed the examples of a number of your fellow Hivers and Leos.

Right. Took me a while to understand this game. If I had better guides, the learning curve would have been a lot lesser. Also, I didn't ask enough questions initially due to lots of apprehensions. My best newbie advice would be to ask questions directly instead of wasting time to look everywhere. Because so far there's no one guide that could tell you all the hacks.

Having a roadmap for Hivers is just as important as having a roadmap for Hive social blockchain.

That's a brilliant idea because everyone could use a list of steps and items they need to do to get up to speed.

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It's like New Hire Orientation at a job only without Human Resources. Once we know the basics of what we need to do to use crypto to make more crypto, we can focus on that instead of trying to figure out who to ask or where to go to be able to do that. When we're ready to take it to another level, then we go to there those people are to see how they did it.

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Community is the Human Resources. It's a huge community effort after all. ✌

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I'm a bit skeptical about the influencer thing but in general I agree with everything you said, especially the information part. Things can be very complicated for people who are very new to crypto.

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On one hand, it would be nice to land an influencer with high name recognition. On the other hand, the influencer should join us on our terms, not his or hers.

Both Web 2.0 and Web 3.0 use likes or their equivalents. Hive offers crypto, and their Web 2.0 apps don't. Other Web 3.0 services offer crypto as well, but can they say they fought the power? Hive can.

I may be wrong here, but as far as I can tell Hive is the only crypto-rewarding platform which is community first, and Hive's war for independence is proof. This looks to me like Hive's USP, and we can use that as a marketing tool.

We combine that with the numerous ways investing in Hive can help their money grow in ways not possible with the Web 2.0 services they came from, that seems to be a powerful 1-2 punch.

FB/IG/YT/Tw may let you make bank; Hive is bank, and you are your own bank at Hive. This concept can be fine-tuned to sound less clumsy, but the kernel for a powerful marketing tool is in there.

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