Blogging, staking, growing - Respect the Grind!

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Good day everyone! Zak Ludick here from a chilly Cape Town, South Africa!

Today I would to talk about the day to day gain and growth that is possible on Hive!

I have helped a lot of people start new accounts on hive and it is painfully obvious that people have a skewed perception of how to gain and grow in their accounts on this web 3 platform.

Most people are trained to look at Earnings versus time. All of us are sort of trained to look at a calculation of how much we earn per hour by doing a certain kind of job. We make comparisons between one sort of job and another job by looking at how much you earn per hour of doing that work.

Another way of looking at it is if we look at the profitability of each job done as a unit or product and then it still comes back to calculating how much time we used to be able to provide such a product.

Very often when people start a new hive account they find that they do a few posts that are their introductions into a community and this will not always but often grant them a good correlation on their content which then further leads them to believe that there is A set amount that they can earn from a certain kind of effort.

After this, they hit a different sort of curve: they are no longer new and they don't have a lot of friends and they don't have a lot of stake(HP).

So now, when they post it becomes significantly more difficult to get a curation and earn a decent payout on their posts.

But the earning and income shoupd not be misunderstood! You need to move forward and gain those smaller increments.

When you do this consistently then you shall find that you grow faster then you thought.

I run the Busy Bees weekly Progress report every Sunday so I deal with a lot of Data over and over again. We have Orcas, Dolphins, Minnows and of course some Redfish.

There are zero Redfish that can earn as much as an normally active Dolphin. There are no Minnows who can hope to compete and earn from their posts like the Orcas do. Not an active one.

But you WILL progress from Redfish to Minnow if only you would post often.

Blog and Stake and build up that HP. Every 1 HP counts for something!

Also, the value of Hive is down at the moment and yet we control what price we sell it at! And the more you accumilate, the more you can influence. You gain more HIve in APR, you earn more from curating.

It really is a win win.

But bottom line here: there is grinding work to be done! It is a grind quest!

So go out there ans make your content. Try something new and be interesting.

If you keep grinding them out week after week, you sall see how your earning begin to pick up! As I say: I have the data to back that up!

Thanks for reading!

Cheers!
@zakludick

Hive South Africa



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29 comments
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That’s the way to go !INDEED, don’t let yourself get disappointed, just keep going and growing, be active in the Hive community, and never forget that all these little thing accumulated will get you somewhere!
Thanks for writing this great post!
!BBH
!ALIVE

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Thank you. I am glad you liked it and thank you for the further encouragement!

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Congratulations, you received an ecency upvote through the curator @ahmedhayat. Keep spreading love through ecency

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You gave some great advice in this post! Slow and steady aren't sexy, but those are ways to bring long-term stability, without risking too much! No gambling, no betting, just grind, like you said!
It could sound like hard work, but in reality, it is the best "job" ever! As if you have fun doing it, it doesn't count as a job at all! 😃


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If we think about it... if you DID just make heaps of money very quickly on Hive without much effort then it would actually mean that Hive would have been SUPER unstable and one day it would be there, loud and proud and the next it would collapse.

But the way the platform is set up, it means that the rewards take time to accumulate and are very REAL.

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I always prefer stability and reliable steady income over huge money at once! We always appreciate more income earned by our hard work over winning on a lottery!

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Indeed. And that hard work and earning from it is something that every person in a community can do. Winning the lottery is something only one person can do and they need to keep it to themselves or else it will not be significant anymore.

But if everyone can earn. That is significant.

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Dude this was an awesome read. I’ve been on Hive for 3 wonderful years and identify whole-heartedly with this. Most the time these days, I make like 0.70 or so on each post, although sometimes I have high or low streaks. But the most gains I see tends to come from continuing to increase reinvesting my earnings.

…do you know @jasperdick? He is also from lovely Cape Town!

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Indeed! And that constant commitment is chipping away at a solid movement towards any goal, even if it is 0.7 time a pop, 10x means 7HP in gain!

Yes I know @jasperdick very well. He and my wife, @clairemobey do music together. They are known as Mobey Dick! You can check them out. 😁👍

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Oh that's awesome! I've checked them out before, I love their work, and their creativity!

That's definitely a great perspective to have, in terms of commitment and growth on the platform. As a US user, I can't currently use Hive for anything other than, well, Hivin' 🤣

...there was a time when I would use BlockTrades to exchange Hive for Doge, then Doge for USD, then use the cash to buy flutes or pay bills, but these days I reinvest 100% because there's nothing else I can do with it...so I mainly am here just because I like the people because I can't really use Hive for much these days - although I do fantasize about someday vacationing someplace that has Hive on their exchanges, so I can buy a flute or something cool with all the Hive I'll have saved up by then!

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Right now Hive price is not good for you to spend at all. All you should be doing right now is stacking and earning!

Its time will come!

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I’m lucky - that’s my only option in the US 🤣

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Very well said. You have to keep being active and growing and you will
get the results you desire. :)

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I haven't been too active, especially lately. But I honestly haven't quite understood the earning mathematics, and the small outcome hasn't been very encouraging. 😅 Not that I have expected huge gains on my level of activity.

But good to get some clarifying posts like this. So thank you! I thought I had to go all in with big posts, and the whole shabang to get some decent rewards. Which I'm not up for right now.

Can I ask what other ways you can earn a little, except for making posts and delegating HP?

!gif thanks

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I had a look at your account so I could give you some specific advice.

One thing that you should also understand is the concept of scale.

You are what is called a "Redfish" at under 100HP. You need around 590HP to become a Minnow, 10x that is Dolphin, 10x that is an Orca and 10x that is a Whale.

At your tier, if you earn 1HP, it is like a Minnow getting 10HP and a Dolphin getting 100HP. The more invested you are, the more you should earn right? So for a small account to earn 0.5HP from a post is a step in the right direction.

As for earning more on Hive: Have you tried Ecency Waves?

Also, if I were you, I would not delegate most of your HP out. Under 500HP, I would not delegate anything.

If you want to earn more on Hive then you need to engage. You need to use your VP to curate and then engage by making comments on posts. Then you start making friends and when you follow these people who follow YOU, there is a concept of consistent reciprocal growth!

I hope this helps! 💪🍻🐝

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Thanks for good advice! 😊

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!hivebits

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