Why Hive May Pay Off in the Long Run.

in LeoFinance3 months ago


When I first joined the chain in late 2017, I was more concerned with how much content I could put out there, but in the end, I realized it was more important to get as many people to see the content as possible, rather than rushing to put out the next one.

This included writing what people wanted to see, writing what was trending, following a specific tag, and encouraging others to see what I thought about that trending topic. For example, because this chain is multifaceted and people can write about their dogs, health, interests, and so on, many people became more interested in cryptocurrency.

For example, people discovered they could be rewarded for their content, so their first few months here will be spent learning how it works, which will lead to them writing about their first new discoveries and so on.

So, while Hive is web3, we all have web2 backgrounds, and because we are humans, the way things work in the physical world also applies here. Back in the day, I did what I called shameless promotion: I got people to return to read my content and make sure they curated it; you could call me a cheat, but as long as they did not see it as spam, my goal was already met.

Curating is rewarding

.....and I knew people who enjoyed it. Back in the day, Hive curation rewards were based on who was the first to hit the upvote button on a post that had the potential to trend; because the system favored people who were used to trending, curation became a game of speed; first come, first served. That is pretty cool.

However, you had to be a collector to enjoy curation.

You had to enjoy staking, HPUD, and other related activities. You cannot use the upvote slider if you have less than 500 HP. If you vote on the same post twice or three times, your upvote weight drops to 60 to 70%, which is always fraudulent.

Hive is thoughtfully designed so that there is always a reward for any uptrend activity. It may appear insignificant on the surface unless you do it for a long time. However, the bear market has the potentiality to cut short the consistency of users.

However, the bear market is a gathering period, the bull market is the time to flex your liquidity. However, because people consistently prioritize the former over the latter, it is always difficult to take advantage of what Hive has to offer.

Overall, all you need to do is be a gatherer, a collective, and an insane HODLER. I usually find that my stake is insufficient to curate the people with whom I interact, and vice versa. Sometimes I want to hit 50% or 40%, but I remember I still have 20 posts to curate. It is just that the stake is insufficient, and if I had my way, I would like to have more.

Previously, I had big dreams about how I wanted to engage with Hive in order to get the most out of this Chain; however, I am not sure if I can do so. My health, personal life, family, mental health, and other obstacles have gotten in the way.

The unfortunate truth about Hive is that you will not be able to achieve all of your goals in 6 months to a year; you will need 3 to 5 years of consistent attendance, and anything less will not get you anywhere. Another perspective is that you must not only show up, but also grow, based on your own defined principles and goals.

It appears to be a lot of work for something that may not pay off, but that is the reality; it is either that or nothing.

More For Less Or Vice versa?

I understand that crypto and other crypto ventures are supposed to give you more for less, at least that is how web2 feels about crypto; however, it is more difficult.

People have come and gone, but this place is only getting better. Smart contracts will eventually come to Hive. One day, Hive will hit the marketing jackpot and gain a massive following and participation. There will be more witnesses to get the ball rolling, and things will eventually improve.

The signs are there.

Unfortunately, many people will not be present to enjoy all of that, and it is possible that only future signees and users will benefit from all of that, but it will eventually pay to stick around, gather and accumulate those small curation rewards, and it will pay off.



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Time changes a lot of things. If you need to take more time off to deal with real life and issues, then do so. I think hive is more of a endurance run than a race. It's better to be around every now and then compared to just burning out.

No not really, what I meant to say is that I don't really have those dreams anymore because of a lot that's happened in my life, as I'm focusing on my immediate nuclear family and how to cater for them.

Thanks 👍

Indeed hive is all about consistency. I never got the appropriate foundational basis about the blockchain which did set me backwards but all thanks to @newbies-hive for the help.

Just like you've said it takes time and that to some scopes so I believe to keep thriving even.

Even without why foundational stuff, constant exposure will eventually show you the ropes of how it works. It's not a smooth ride, it's rough but it happens

True talk 💯

I'm gradually realizing that there are many pieces to Hive than just consistency although the latter is a key foundation. I think looking at things from multiple perspectives and for a longer timeframe also helps, knowing that part of the journey is about taking what seems like a loss for a greater potential win in the future, which may or may not materialize.

It's more than consistency. It takes years to actually realize that this place is a marathon and it might not make one's dream of being a content creator come true. However in many years to come, it eventually pays off to those who walk the ropes

I have always known that it is rewarding to stake Hive power, I try my best to accumulate as many as I can, by showing up and putting effort, firstly it's not always easy devoitng time to read and curate other people's post, but it is rewarding, I have learned to power up everyday no matter how little it is and i do wish I have more hive power too, well I won't give up.

It's not easy to read and curate through people's post, that's why it's better to consume the ones you enjoy, if not it'll be a job which can feel infringing. In reality one's growth might be fast or slow, at the end of the day, the best thing is to grow at one's pace.

I love this place so much i can stake 80% of my time on it, cause i know its a win win at the end of the day......

Hive is still a mirage to me, i cant get enough swers, from whatever perpective you choose to overview this massive structure here, its a back to back collection of rewards.....

You're right. It might pay off, it might not, sometimes we need luck too, and that's why I was brutally honest. This place is prospectful, it's not easy

You're right. It might pay off, it might not, sometimes we need luck too, and that's why I was brutally honest. This place is prospectful, it's not easy

If I had known that curating is rewarding, I might not runaway from the platform for a whole year, lol
It’s never too late to build my HP and I’m steadily doing that

It's never too late, but it actually takes time and a lot of scope as well..

The unfortunate truth about Hive is that you will not be able to achieve all of your goals in 6 months to a year; you will need 3 to 5 years of consistent attendance, and anything less will not get you anywhere. Another perspective is that you must not only show up, but also grow, based on your own defined principles and goals.

This is so true, I've discovered that consistency is just the only key, consistency and interaction, while also holding is what would get to far over time.

Thanks for sharing this, it was so insightful.

Apart from consistency, it takes a lot of scope, time, temerity and also the ability to adapt to the trends of change. Sometimes the trend of change can also make people fade away

Yeah I agree with you.

Us guys who tough it out will win in the end on Hive. It's interesting that it used to be like that for curating, I hadn't heard that before. It make take some time buy I think we will make out like bandits eventually!

How are things going?

It was actually like that. The first people who curates a post that potentially ends up on the trending page go away with the higher curation rewards, but I think it was mostly abused so it was changed.

I've been surviving through the grace of God, how about you?

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That's why the compound effect is so strong, but only after a good while. Before that it separates the patient ones from the impatient ones.

Exactly, it takes time and I'm always hammering on this as well. Unfortunately there are more impatient people though..

Keep up the great work!!

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