In Good and Bad .:. WorkerBee PH-Pool Week 148
I know that many of my followers who are not involved in this WORKERBEE pool just skip these "report posts" as they expect to see just a bunch of numbers from spreadsheets... Usually, when others are doing these kinds of posts it is like that, but I always like to add some additional value to the readers... Sometimes, that's not an easy task, especially when you are writing almost daily a few weeks in a row... And I said a few months ago that I would not do that to myself... How naive was I... 😃
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I wasn't too inspired to write today, but this post has to go out as delegators to the pool deserve transparency and reports about their earnings, so here we are... Luckily, I was reading a few interesting posts (and comments) here on HIVE and found two comments that made me think...
One was by @blind-spot on my yesterday's post where he said:
I agree with chasing Apr sentiment. Unfortunately it has become a trend in the general cryptospace. Quick profits are overvalued. The real profits are in the long run where value is created.
and the other one was by @seckorama, on this post:
I can agree with everything, maybe you should mention diverzification to, I mean never invest everything in one business...
While it seems that these two comments have nothing in common, they do have... Just two days ago, the crypto markets were crazy, BTC was going up, Solana went up even more than before, and even ETH moved up... but HIVE (and many H-E, layer 2 tokens) moved just a little... In those moments, doubts in Hivians were rising... Stories about powering down, quitting, and going into some new shiny tokens that "have a lot of potentials", became reality... We could hear stories about the next "Hive killer" blockchains... That's exactly what Blind-spot was saying in his comment... People are jumping to the next "big meme token" that will bring them better APR, or better speculation opportunities...
And then, we come to the comment by seckorama (nothing wrong about the comment, it just reminded me about the diversification), where people mention diversification as their "Bible", without knowing the real meaning of diversification (again, he didn't say that, it was just the word that triggered my thoughts)...
Diversification isn't your selling good, long-term tokens and buying 10 different shittokens for the future... Diversification is buying tokens with different risk ratios, creating a good balance between your long-term portfolio and your short-term (speculative) portfolio, with an accent (bigger percentage) on the long-term tokens...
I'm the first who made that mistake a few years ago, thinking how having 10 different shittokens will "keep me safe" from all the bad things that can happen... lol... Don't make the same mistake as I did... 🙂
Back to the Workerbeee report numbers! We were a bit unlucky this week as we mined 23 tokens less than last time...
We lost 1 small delegation during the last week, but we got some delegation from existing members, so we are more-less at the same place where we were a week ago... Thanks for your trust!
In the last 7 days, we mined 107 BEE tokens in total!!!
This POOL doesn't have fees and you get up to 20% MORE by delegating to it!
What about the bonus tokens?
Today's BONUS rewards will be paid in the INDEX tokens which are exactly what their name says, the token "backed" by the mix of selected Hive-Engine tokens... By holding them, you can receive dividends as some of the tokens from the mix are paying rewards... The token itself is one of the sub-projects of the @ctptalk guys, @jongolson and @blainjones... You can find more details at the official website https://he-index.io/...
There will be distributed 35 INDEX tokens to the delegators of the pool as a bonus reward today!
As always, in the end, let's give the exact numbers for this week... There will be distributed 107 BEE tokens and 35 INDEX tokens as a bonus... The APR (without the bonus) was 7.722%, and when we added the bonus it went up to 9.296%!
I have calculated the ROI approximately with medium prices for all tokens at the moment of creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price...
Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter and we will find the best solution for both parties...
If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week you will get the portion of mined BEE tokens and BONUS rewards!
All payments will be made after publishing this post...
If you have any questions, please leave them in the comment section!
You can find more about this pool in the initial post here https://peakd.com/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other
Thank you for your time,
~ph~
👉 Vote for Liotes HIVE Witness HERE 👈
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
One day I will figure out how to purchase tokens, I will keep this in mind. I looked in my wallet, I do not see any WORKERBEE tokens but I have 14 Bee tokens with 31 staked, is this the same as WORKERBEE?
!ALIVE
@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ myjob. (3/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
No, it's not the same... WORKERBEE token is a different token and it "can't be earned" as you can only buy it on the market...
For example: https://hive-engine.com/trade/WORKERBEE
Thank you for the info and link.
It's so curious to me to hear about people losing faith in Hive, powering down, and leaving for 'something better'. To me that shows their primary motivation. I clearly saw Hive's massive potential and sovereignty-driven technological elegance as soon as I got here over two years ago, and I've been all in for the long haul ever since. Most crypto projects are not worth people's time. There are a handful of excellent ones, though. While my main focus is on Hive, I'm active on two other sovereignty-driven blockchains as well, Bastyon and Qortal. It was actually from assets that I made on Bastyon that I was able to do my massive powerup to dolphin level in the last #HPUD.
Even though I'm not in your pool, I do still appreciate seeing your reports. I like knowing about the amazing things happening on Hive! 😁 🙏 💚 ✨ 🤙
This sounds cruel and harsh, but you are right... Most crypto projects are garbage... And unfortunately, a lot of them are nice coated garbage and people do lose money investing in them...
I never heard about those projects... Could you share some links where I could begin my research?
Thanks!
I'm a very gentle fellow, so I never want to sound cruel or harsh, but yeah, it's sadly true that there are only a handful of excellent projects in the cryotosphere.
Certainly. Bastyon functions by nodes, but they do have a website, too. Qortal is a whole different animal, and is basically a new version of the internet. It's been developing fairly quickly, and they've already got quite a lot of amazing things going on. If you have any questions about either, let me know, and I'll do my best to answer them! 😁 🙏 💚 ✨ 🤙
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I'm quick to dump tokens that I don't believe will have lasting value. I stack !ALIVE, LEO, BBH, LOLZ and some other tipping tokens. And PEPE since I think it has some hidden potential.
@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ ironshield. (2/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Nice...
I saw that we have PEPE here on HIVE... Is there any interesting tokenomics around it? Why do you think that it has potential?
Very high burn rate, consistent posting and support, contests/games, tribe collaborations (alive, lolz), liquidity pool (PEPE:SWAP.HBD), NFT's. There's some talk about more pools, tipping token, staking rewards... all sorts of fun stuff. It's good to get in early while it's super inexpensive.
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Interesting and educative post. Diversification is very important.
Great job @ph1102 😉
As an extra reward for spotlighting on @heartbeatonhive here are some tips have a blessed and wonderful day
!ALIVE
!CTP
!PGM
!PIZZA
!MEME
!BBH
!DHEDGE
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5000 PGM IN STAKE = 2x rewards!
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@ph1102! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @benthomaswwd. (2/50)
@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ benthomaswwd. (2/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
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Earn Crypto for your Memes @ HiveMe.me!
Very good scheme and payouts to delegators.
Hive is doing good.
Investing in other coins is not a bad idea.
Risk, making wise and safe decisions is always applicable in crypto.
!ALIVE
@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ jmis101. (5/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Buy 10 shittoken that will not take you anywhere is not diversification.
You are not the only one who made that mistake. Millions of people did at their early days on crypto
It's not that nobody is doing it right now... The only difference is that those who are doing it now will know their mistake in a year or two...
You are 100% right
I think diversification is being understood differently in terms of Hive and H. E. and the cryptoverse in general. It's a topic to be discussed in on its own.
!ALIVE
@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ oasiskp2. (1/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Nice report.
!ALIVE
@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ olujose6. (2/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
There is this joke I have with my friends (that usually happens with Hive price) that if BTC goes down, hive pumps up and when btc goes up, Hive stays stable.
That's what me and my friends have noticed, it's not always accurate, but it really often plays out like that.
Hehehe... It does happen like that sometimes... Hive is doing completely different than other cryptos, except when we have huge dumps of BTC, like it was today...
Great report @ph1102 much better than a ton of numbers on a spread sheet. 🤣
I haven't joined the pool yet kind of need my workerbees till i have built up enough.
It is right what you imply we should not put all our eggs in one basket and many people should be aware they could suffer from SOS = Shiny object syndrome i don't think these will change 😎
Wishing you success with your project
!ALIVE
!BBH
I will be including this content on the @heartbeatonhive curation collection
Project Moderator - @benthomaswwd
Made in Canva
@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ heartbeatonhive. (30/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
@ph1102! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @heartbeatonhive. (3/50)
It gets better with time and a few cycles... We do become better and try to avoid SOS as much as possible... But, it doesn't happen to everyone... 😃
All the best!
Guess if we stay consistent though, maybe others will to, thats the way i look at it which is why i intend to focus around Hive as consistent as possible and dig in. I love supporting people so the We Are Alive Tribe community made sense for me here.
Pick our place and stand our ground bringing what we can to the table and get invested 😉
@ph1102 have a blessed day 😎
!ALIVE
!BBH
!MEME
Project Moderator - @benthomaswwd
We reward people everyday for their activity on Hive in the
We Are Alive Tribe Community have the best day.
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It seems only strong people have the willpower not to jump from coin to coin chasing profit, once they learn this is a mistake. I've been "preaching" against this a couple of times as well.
It's hard to avoid that mistake... Like I said in the post, I did it, and I suppose you did it too, and many others... The thing is to LEARN and don't do the same again over and over again... :)
Yep, in 2018 I was a champion at jumping from coin to coin. In the end, nothing good came out of it.
Hmm.. The first thought that came to my mind would actually be to "chase" those coins that didn't go up, instead of the other way around. Hahaha!
Anyway, it's mostly business as usual for me, except I am watching SPS a little more these days.
Thanks for the update and the tokens!
!LUV
@relf87 sent you LUV 🙂 (2/4)
Made with LUV by crrdlx
It looks like that's not in our human nature and if you want to think in that way, you have to "train your brain" to be able to do it... lol... to ignore all the noise and go in other direction...
I don't diversify, I bet only on BTC and CARDANO, but I understand what you say in the post.
The CARDANO project will give me long-term profits, and very long-term hahahaha, but I am patient.
I wish you a happy start to the week
I didn't buy Cardano, but I would really like to hear more about it... What are the most popular apps there? Which one do you use the most?
Have a great week, too!
I use coinbase, I really like this project, the developers work constantly
I think it's tough. Too much diversification is bad because you are spread too out. I think it's better to focus on a few core ones that you can keep track of and do research on.
Thanks for running the pool and for the BEE/INDEX tokens.
As usual... The best solutions are somewhere in the middle... Not just one, but not too many... 😉
Is there such a thing as diversification within crypto? I understood the crypto market derives its value from BTC.
That's a good point of view and I would agree with you if we were discussing this 2-3 (or more) years ago... These recent volatile movements of Bitcoin prove that things are changing... Despite BTC stagnating or going down, we had some cryptos going up, especially those who have use-cases OUTSIDE crypto... and that narrative is coming, which should further "decouple" certain tokens from BTC...
I know it is not easy to maintain writing such regular posts ;)
I was doing daily posts 2-3 years ago, but I stopped as I just couldn't do quality posts so often and stay "yourself"... At least, it didn't work for me... 🙂
Thanks again for the bonus. !PIZZA
You are welcome! Thanks for taking part!
The market is once again in danger zone, if from here the price of BTC goes down from 39700 then again we will come to 35000 and all the other coins that are there will also go down a lot.
!CTP
!ALIVE
@tipu curate
Upvoted 👌 (Mana: 24/54) Liquid rewards.
@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ libertycrypto27. (2/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Thanks for your curation!
Hello ph1102!
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STOPor to resume write a wordSTARTDiversification is good especially when you are able to invest in the right tokens
There are so many shitty tokens out there that will just waste your money
$PIZZA slices delivered:
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!BEER
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BEER.Hey @ph1102, here is a little bit of
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