Simple But Rewarding Ways To Invest In Hive Blockchain
With every time invested in Hive, I learn something new and one of my many findings is how to maximize the opportunity of investing Hive gives. Creating an account with Hive puts you in the investing aspect of Hive automatically as you are made to earn rewards and also have them make more rewards for you.
Well, not many know how to maximize it so I'll share simple ways I go about mine.
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It's worthy of note that I'm no good investor, most of what I do as an investor may seem unhealthy so I'd like to advice that you do your own research before you go ahead with any investment you decide on. Investing is a two way thing, it either brings profit or loss to you. Thanks to Hive, I can't count myself unlucky with my investment choices as I make sure to go as simple as I can and that is what I'll share with you on this post.
Hive is a blockchain that provides not just it's native token (Hive), it also has a dollar based token (HBD) and second layer tokens but before that, the essence of Hive is in it's community and that brings me to sharing my number one thing I've invested and still investing on the blockchain.
Investing My Time
First of all, one wouldn't know much about Hive if he or she has no time for it. I can remember my first days on Hive and how much time I had to put in to understand how things worked here, it was both challenging and fun as I discovered amazing features about Hive especially the aspect of investment and growing a connection.
So yeah, you need to invest your time on Hive to be able to invest even more for more profits and maximizing Hive opportunities.
How do you invest your time on Hive?
Reading and engaging with authors, creating quality contents, exploring various communities and learning more into the features, additions and ideas Hive has provided... All that are part of you investing your time to the blockchain which can be rewarding with time.
Like I've said, Hive has various ways for you to invest to earn profits and the major ones which are simple and rewarding are what I'll focus on for this part of the post.
Investing in Hive, HBD, and second layer tokens
Creating contents on Hive as a writer, has placed me in the investment category as my post rewards could pay out to Hive tokens in three forms... Liquid Hive, staked Hive and HBD which I can also make use of to increase my earnings on the blockchain. With your liquid Hive, you can decide to convert them to swap Hive to buy second layer tokens like Bro, Legion, Dhedge, Pob, Neoxag, Leo and many others that I've been investing on for a long time now.
With your staked Hive, you can curate quality contents, follow trials, delegate and maybe do autovoting to well deserving authors to earn curation rewards which will also add more staked Hive for you and your Hive power keeps growing for higher rewards... It's so simple and a big win for authors who are determined to grow their rewards.
With your hive based dollar (HBD), you can transfer to savings to earn interest monthly depending on the amount saved and you can also convert to Hive for more investment on second layer tokens. The simple thing about all this is that, having your tokens staked works automatically by themselves to earn you rewards once you set them to.
There are always difficult times for investors but there's always the option to not give up and the mindset to stay determined and grow further. I was on zero HP two years back with no curtain rewards but now, I'm a 6k HP holder with good enough curation rewards and I'm still here because there is a reason to be here... Grow my account and my investment level.
There are many other ways to invest in Hive Blockchain, the more you invest your time in it, the more you maximize them. Stay active and be the investor you want to be in the most simple way.
Posted Using LeoFinance Alpha
Merit I learned about 2nd layer tokens from you in your post. Hive is a multi-rewarding platform, I came to realize it after four months. Still, I 'm learning. Yeah, engagement is key to success on hive. Thank you for sharing your experience with us. Being a newbie, this post is a gift for me.
Haha I'm glad you find the post as a gift... All the best with your investments as you journey on Hive 💯
Thank you merit, you are a blessing for hive even.
Hehe thanks, your words are too kind 😁
https://leofinance.io/threads/merit.ahama/re-merit-ahama-2da9sc3rf
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We are following you guys steps!
Look at someone that started with 0HP🙌
Haha follow from the front, you are doing well yourself 🙂
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I think we are investing our time and our invested time bringing rewards with time and it helping us to grow our account. And with our growth our asset is increasing.
Yeah, that's the connection and it can be fun if you want it to be 😊
I really like your first point about investing your time. Most people fail when it comes to engagement on the blockchain for so many reasons. Engaging on the blockchain means you’re directly and indirectly broadening your scope while learning new stuff.
Thanks for sharing with us.
Exactly! That's the point of investing your time to Hive, you get to learn and widen your scope.
If you want to grow on hive then laziness shouldn’t be a part of you😂
Thanks for sharing with us.
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This is very helpful, thanks so much momma.
Hehe you're welcome
Great and profitable ways to invest in Hive.
No time invested in Hive is a waste. You either, create quality and earn, contribute to the ecosystem, learn or get a new follower.
#dreemport #dreemerforlife
Oh yeah! Hive has given too many opportunities for one not to gain something out of it by being active 😊
Which of the tokens can one invest in to get upvote to increase one's earnings
Bro and DVS are the only ones I know for now
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This is highly educative and me myself I’m learning (all over again). They say the greatest wealth is time so it’s no wonder that it is considered a currency of its own value. Hehehe.
#Dreemerforlife
Oh yeah, glad you're learning over again from this
Thanks sis
Time is really the currency here ma'am. My onboarder will always say the secret is engagement. I tried exploring the block chain for some time spending 5hrs daily,I can't imagine I could gather $80 in four weeks which means if I had trippled the time I will have $240 in my wallet isn't that amazing for freelance work like blogging. This post really motivate me and open my insight.
#Hive is for me what is my gain if I can't maximize the opportunity before this year runs out, my vision is to gather HP to 500 before August runs out and 2500 HP before next year January. It is achievable with what I'm seeing here it only cost me time.
This is really insightful ma'am,we need more of this for newbies to be motivated. Thanks see you soon
You'll achieve a lot when you put your time and determination to it 😊
thanks
This is a very educative post, I just learned some new things here that I would also like to incorporate. Well done boss lady.
#dreemerforlife
Wow, what an insightful and honest post about your experience as an investor on the Hive blockchain! It's refreshing to see someone acknowledging their limitations as an investor and encouraging others to do their own research before diving into investments.
Your emphasis on investing time in the Hive community is spot-on. Indeed, any successful investment requires understanding the platform, its features, and its opportunities. It's clear that you've put in the effort to learn and engage with Hive, and that has paid off for you.
Oh yeah, and it's amazing that I enjoy doing what I do here on Hive 😊
I like the fact that your time comes first in your investment because that's what would help you have enough time to explore.
Your journey is inspiring and I love the fact that you always see it as an obligation to show others the way of getting the magic done.
You are doing pretty well, My Whale.
I came through Dreemport
I'm glad you acknowledged the little I do, thank you so much George 🙂
Investment on hive is like keeping treasure for the future purpose and engagement on hive is the most powerful investment which most people don't know because the more you engage the more your account grows
#dreemerforlife
That's a fact my dear, use it to your advantage!
I enjoyed how you explained all the details in a very simple and detailed manner.
You are right about investing time as well. If one doesn't take the time to understand how Hive works, they certainly won't be able to invest in anything or do anything meaningful on the hive blockchain. #dreemport brought me here
That is just it, more time spent on Hive can't go to waste.
Aww. This is very informative.
I do all this somehow and it helps me gain footing even when I'm too tired at times to walk on.🤭
It's a goal though, to thrive, to grow.
So here I am, doing my best for the last minute with dreemport curation.🤭
💛Made my way here through #dreemport. #Dreemerforlife
Haha Dreemport is fun, last minute can be fun too 😂
Just do what you can my dear