Hive

(edited)

Well, looking at most of the blockchains out there in the crypto space, like Bitcoin, Ethereum etc, you need to have some capital to invest there. Now I am using the word investment, because they are now at the prices where one need to have a good amount of money to buy these cryptos.

But on the other hand, one can also buy some cheap coins in the market, hodl it and wait for its prices to rise.
Trading crypto again is another option, but again, for that you need to have some money to invest it in there and also trading is sort of risky.

Now, one may think, what about mining? Well, you know that mining requires some good budget to buy expensive machine as well as the cost of electricity. That again is not for someone who can’t afford money to buy it.

Looking at these forms of investment in the crypto world, I don’t see them as something that could create Passive Income for you. Like if you are lucky enough, and prices of cryptos go up, and then you sold it and the same applies to trading as well. You may depend on your luck to make some profits out of trading crypto.

But one other place which I believe is a very good example of passive income is Hive blockchain and its social media platform Hive.blog. You create your account and start blogging straight away. If you were lucky enough to get noticed for your work in the community, then things could go smoothly for you. But that doesn’t necessarily mean that you should get exposure straight away, you need to spend some time on the platform engaging with the community and leaving some nice comments on posts. And this is how it works. Slowly and gradually you have to build your account.

Looking at some of the stats by our friend @dalz in his post about Top Hive Earners, you will see users earning some handsome money out here.

image001.png
Credits: @dalz.

More than $3K a month by @taskmaster4450, that pretty cool. And other also are earning some handsome money.

Contribution of LeoFinance

Now that we also have some lovely tribes here on Hive blockchain, it gives us a good opportunity to earn a few extra bucks in shape of these Hive sister tokens. And I myself believe that Leo is having a big participation in it.

We see that the amount of users on Leofinance has increased significantly sharing posts related to crypto and finance which on one hand is providing us some good hand knowledge but also is providing us a chance to also participate in the community and collect rewards in shape of Hive as well as Leo.

Posted Using LeoFinance Beta

0.07316261 BEE
10 comments

I was able to pick a point out of what you wrote exposure can't be gotten straight away but healthy comment will do. Engagement a major factor that can boost the account growth. Thanks for sharing this

Posted Using LeoFinance Beta

0.00036744 BEE

Thanks

0E-8 BEE

Well hive is a game changer tho. That's for those that surely believe in it

0.00018038 BEE

You are right

0E-8 BEE

Yeah thanks

0E-8 BEE

simply by stopping by and reading some articles and leaving a few votes a moment a day you can generate passive returns

Posted Using LeoFinance Beta

0.00017828 BEE

Oh yes :)

0E-8 BEE

Task just crushes it lol but also shows you what is possible with pretty much full time dedication to a platform.

Posted Using LeoFinance Beta

0.00017716 BEE

Yeah

0E-8 BEE

Great post! I definitely need to look more into LeoFinance.

0.00017393 BEE

Thanks

0E-8 BEE

I do most of my Hive engagement (comments, posting) through Leofinance, so it plays a huge role for me

Posted Using LeoFinance Beta

0.00016911 BEE

Good to hear that :)

0E-8 BEE

There is a lot of potential on hive to earn some crypto and expand your knowledge of other blockchains as well.

Not only can you earn here but you can learn how to do the same in other areas as well. I really think that everybody in crypto is missing out by not being part of the community here.

Posted Using LeoFinance Beta

0.00016478 BEE

Yeah true

0E-8 BEE

Yeah, the Hive ecosystem is a pretty amazing opportunity for everyone. So many ways to compound your earnings that it can become passive.

Posted Using LeoFinance Beta

0E-8 BEE

Yes :)

0E-8 BEE

https://twitter.com/CryptoAdam4/status/1501629433601413120
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

0E-8 BEE

Congratulations @howzat! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You received more than 300 upvotes.
Your next target is to reach 400 upvotes.
You got more than 50 replies.
Your next target is to reach 100 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Support the HiveBuzz project. Vote for our proposal!
0E-8 BEE