Just 8 days ago I did a post regarding HIVE growth and why you must just forget the dollar values for now. For anyone looking to grow this is a key time to stay active and to keep on earning.
A good example of this playing out is monitoring your vote values as you see above the latest vote value I have is 6.27 HIVE per 100% vote and 8 days ago this was 6.05 HIVE. 8 days ago that vote value was worth $1.34 and now even though the HIVE number has increased the dollar value has dropped to $1.18. This should not deter you as the dollar value is not what is important right now.
The extra .22 HIVE may sound like nothing, but with 10 x 100% votes daily that equates to an extra 1.1 HIVE daily (50/50) via curation or 401.5 HIVE extra earnings per year. This is why growth is important and to think this was achieved over a stretch of just 8 days. Sure it has taken over 6 years to make this happen and why staying active and consistent growing your stake is the winning formula for any crypto you are invested in and not only HIVE.
What is important is the compounding that is constantly taking place which will ultimately create new value by increasing your stake. Your growth may fluctuate due to earnings, but overtime you will earn more and more daily rewards due to the stake ever increasing in numbers.
The current APR for HIVE Power is 3.35% which is roughly 11% over the average being 3% which again helps if you have more stake because you just earn more and more. This is the highest APR for staking I can recall seeing and this is just extra earnings.
There are those that complain about HIVE instead of knuckling down and taking it seriously. Those that complain generally have little or no stake or cash out regularly so their stake is not going to grow them any value so they do not understand or experience the true power of what stake has to offer. HIVE is by no means perfect and instead of complaining grow your stake in order to have a voice and help improve what is happening.
Crypto is actually quite simple with stake creating stake and if you stick to the basics this is replicated across all crypto staking platforms. True wealth that can be life changing for most can be created within a couple of crypto cycles and where else can you find this type of earning potential as a side hustle? We are extremely lucky to be involved early and not lucky with what we have earned over the years as this is not luck due to the effort this all takes.
Posted Using InLeo Alpha
