How Hive Price Influences Your Rewards
Hive is a blogging site which allows every kind of blogger to share their contents. But one thing which makes this platform separate from other blogging websites is its rewards system.
In other content sites you may see that there are fixed price negotiations for the income. But in #hive the earning varies depending upon the price of #hive.
Let suppose #hive price is up then your earning will also be increased. Similarly when the price goes down your reward earning will also decrease.
Just like the price of #hive is around $0.26 which will give you earning according to this price. As soon the price reaches $1 your earning will be increased by four times.
Lets take another example of it, Let suppose I have around 10K HP and at the current price of #hive my upvote will be around $0.18. But if in case the price of #hive drops or pumps the amount of my upvote will also vary.
Therefore, the earning reward is dependent on the price of #hive. The higher the price of #hive the more earning and the lower the price of hive the less earning.
But one thing which is quite good that with the rise and fall of #hive only the reward in dollar matters. But you will get the same amount of #hive from earning.
Suppose your earning decreased from $1 to $0.8 then you will get the same amount of #hive at $0.8 which you was getting before at $1. The main reason is that the price of #hive also decreases which will convert according to your dollars.
THANK YOU!
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Sad but true.
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