The Secret to Maximizing Your Earnings on Hive
Are you new to Hive? Are you looking for ways to maximize your earnings?
The power of compounding
If you've been around the Hive space for a while, you've probably noticed that a lot of rewards here compound. If you're a complete newbie, you may not realize the power of this. Success is all relative, but there's ways to guarantee it around here. Number one is to be active and engaged. Number two is to compound all of your earnings.
Ok, maybe I need to explain that a little further. When you post on Hive, you earn rewards proportional to the Hive Power of the people that voted on it. Those rewards can either be 100% powered up or split 50/50 between Hive Power and HBD. When you receive your Hive Power, it is automatically locked and earning interest at 2.86% APR.
This may not sound like much, but it is compounding every day because if you're active and engaged, you're earning HP every day.
On top of that, when you vote on someone's post or comment, you're earning curation rewards. So the more your HP grows, the more you can earn on curation. This is another form of compounding rewards on your total HP because the amount you earn is based on it. The amount you earn on curation also varies based on a number of factors, but it always compounds your HP earnings in the end.
I'll admit, I'm not very good at curating. I've seen some people earning 15+% APR on their curation, but I usually hover around the 6-10% range. One day I will get better at it, but for now it is what it is. Take my 6% curation APR and add it to the 2.86% HP APR, and you can see that it's nearly 10% APR.
Again, this may not sound like much but it is always growing based on the amount of HP you have. You can track your curation APR and a number of other useful metrics via Hivestats. It's a marathon, not a sprint.
Another major key to maximizing your earnings on Hive is to make sure that you are commenting on posts. @forexbrokr did an awesome post on how to implement a daily commenting strategy to catch those votes you might have missed by not commenting. Start commenting on all of the posts in on the home page of LeoFinance and you're almost guaranteed to get some votes.
What's the best part about everything I've said so far? It's incredibly easy. You can also earn additional rewards by posting and commenting via the LeoFinance front end. In addition to the Hive Power and HBD you're already earning, you will start earning LEO tokens.
The beautiful thing here is that the LEO tokens do the same thing that Hive Power does when staked. You start earning posting and curation rewards in LEO as well. Guess what happens with your staked LEO Power? It compounds just live Hive Power.
Any of this confusing or hard to understand yet? Good. It shouldn't be. I wrote a post earlier today about how your LEO Power will earn ad revenue in addition to the curation and posting rewards. This is yet another aspect that compounds. Instead of earning only your posting and curation rewards, you will also earn between 4-10% APR on your LEO Power from advertising revenue.
Starting to see how nearly everything on Hive compounds and increases your earnings? Let's not stop there... It goes even deeper. I haven't even gotten into tags. Did you know that by using certain tags on your post, you can earn even more rewards from the same content?
There's general tags that you can add to posts such as #pob, #vyb, #neoxian, #archon, and #mancave. Throwing these general tags on your post after your first 5 tags that categorize them will net you additional tokens from each tag! You'll earn Hive Power, HBD, LEO, POB, VYB, NEOXAG, ARCHON, and BRO tokens all from one single post! Share it on Twitter and you can earn POSH tokens too!
Guess what happens with those additional tokens? They compound. Most of them can be staked just like LEO tokens to earn curation rewards as well. With the right amount of focus and participation, Hive help you build wealth that compounds forever. All you have to do is show up and be active.
Think you can handle that?
Thanks for reading! Much love.
Links 'n Shit
| Play to Earn | Read emails, Earn Crypto | Get free crypto every day | Get a WAX wallet |
|---|---|---|---|
| Gods Unchained | ListNerds | PipeFlare | WAX.io |
| Splinterlands | GoodDollar | ||
| Rising Star | FoldApp |
Posted Using LeoFinance Beta
You've gotta put yourself out there.
I like to describe each Hive account as having an underlying social score to it.
If people see your name and associate you with having a good standing in the community, then they're more likely to upvote you.
Take every chance you get to build that score just by showing up and adding value!
Posted Using LeoFinance Beta
Couldn't have said it better bro.
Posted Using LeoFinance Beta
I also send my posts to people in my family.
They will eventually come to the crypto side and will know who can help them.
Posted Using LeoFinance Beta
This is something I came to realize in the past few weeks. Before I never commented much, and earned the occasional upvotes for my posts. Since I started actively engaging with others I did not only earn rewards on my comments but also got a ton of new followers and connections.
Showing up every day can be hard as well. Sometimes I really don't feel like posting anything. But reading and commenting should not be that hard at all.
!BEER
Posted Using LeoFinance Beta
It makes a huge difference. And now that leofinance mobile has push notifications, engaging is way easier.
Posted using LeoFinance Mobile
I was a commenting fiend, but the comments were limited to just a couple of areas. I need to broaden my net for the comments I make. There are other things I need to do as well, and I'm looking for what they are.
Posted Using LeoFinance Beta
There is a lot to do, but yes the more individual accounts you interact with the more your own network will grow. You just have to be ready to broaden your horizon.
Users need to remember to claim and stake (power up) their rewards on both HIVE and Hive-Engine.
Users need to pay attention to their upvote value. The minimum payment for both LEO and HIVE is 0.001. Half of the reward goes to the curator and half to the author. The value of one's upvote needs to be over 0.002 before one starts receiving HIVE or LEO curation rewards.
I can't remember the exact numbers. One needs to have about 50 HP before getting HIVE curations rewards and about 30 LEO before getting rewards.
So, it is important to buy and stake coins to thrive on the platform.
!hivebits
Posted Using LeoFinance Beta
Success! You mined .9 HBIT & the user you replied to received .1 HBIT on your behalf. mine | wallet | market | tools | discord | community | <><
While I see your point, it is actually possible to start with nothing. You do have the option to buy and stake, but you don't have to.
Posted Using LeoFinance Beta
What you say is pretty much true, even if I'm not sure of the specifics. There are 2 accounts new Hivers and Leos should follow: @dustbunny and @dustsweeper. When vote values are below the dusting threshold, these accounts fill out the upvote so that curation rewards can be earned.
Delegate HP to these accounts, and one of them (@dustsweeper) offers periodic drips of HIVE. These 2 accounts help one reach the magic 0.002 dusting threshold faster so that the rewards can start coming through.
Posted Using LeoFinance Beta
I keep seeing so many people do it all wrong and try and get attention in all the wrong ways. Perhaps they don't realize the risk we OG took when the project first started and how much work, time and effort we put in to get to this point today. It was YEARS of work and it's paying off nicely but I've still got years of work ahead of me with even more dedication. Get out there, provide quality and don't expect instant results and that you're entitled to something.
Posted Using LeoFinance Beta
Instant results.
I came here for them four years ago.
I was wrong, but the "slow results" come pretty fast in the crypto world.
Hope you are doing well.
Posted Using LeoFinance Beta
Was actually looking to refresh my basic tags and this post really helps. Thanks!
Posted Using LeoFinance Beta
What tags will you be using?
Posted Using LeoFinance Beta
https://twitter.com/c4ptainh0wdy/status/1520620024179957763
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.
Thanks beautiful post !PIZZA
Thanks for stopping by and for the delicious pizza
Posted Using LeoFinance Beta
PIZZA Holders sent $PIZZA tips in this post's comments:
@cryptohaytham(2/5) tipped @l337m45732 (x1)
Learn more at https://hive.pizza.
What we are earning here on Hive, it will add up and become huge at some point. 20% APR on HBD Savings is very lucrative and it is compounded monthly. It can increase your earnings tremendously.
Posted Using LeoFinance Beta
Absolutely! I only didn't add it because I wanted to focus more on posting and curating.
Posted Using LeoFinance Beta
And you explained very well what can be done through posting and curating. Hive blockchain gives everyone an opportunity to get into crypto and slowly build from there. Thank you @l337m45732 for sharing this!
Posted Using LeoFinance Beta
You gave away the greatest secret, now...don't know how to keep moving forward)
Posted Using LeoFinance Beta
just re-read the post lol
Posted Using LeoFinance Beta
I read the post very carefully) ... it's just that sometimes humor is not perceived as it should be).
View more
.
It's arguably the best time to be on LeoFinance.
Posted Using LeoFinance Beta
Oh yeah
Posted using LeoFinance Mobile
Nope. Lol.
I used to get paid 0.02 LEO from the platform every time I used to leave a comment.
That was "back in the day, when I was young I'm not a kid anymore, but some days I sit and wish I was a kid again."
But yeah, its still a great time to be here.
Oh, there was the time we were all getting CUB airdrops too - and cub was mooning - that was a good time too.
Ok, still a great time. haha
Posted Using LeoFinance Beta
View more
in-depth and apt article I must say . It’s indeed a marathon not sprint . Hive is really an encompassing passive income building platform in all ramifications.
Yes it is
Posted Using LeoFinance Beta
Hey friend, your publication is very new, I really did not know that I could earn more crypto just by reading emails and many other things, blessings from Venezuela brother
Posted Using LeoFinance Beta
Thanks for stopping by!
Posted Using LeoFinance Beta
What do you usually do on the platform?
Posted Using LeoFinance Beta
Congratulations @l337m45732! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 31000 upvotes.
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
STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
So much to do in the Hive to grow our earnings, we just have to take time to understand our account stats (which I admit I've not been able to do until recently). Thank you for this!
Posted Using LeoFinance Beta
At the beggining, all I did was post, comment, and collect.
It took me far.
Don't worry too much about doing it right. You are here, you are doing it right.
There is always more understanding to be had, it comes with time - and becomes second nature.
Posted Using LeoFinance Beta
Thank you for that :) I will keep that in mind. And I agree, it takes time so it's good to enjoy the journey.
Posted using LeoFinance Mobile
Thanks for sharing this link on my article.
It seems like we are saying much the same thing, using different words.
One more thing to add, is that the APR if compounded monthly, grows just a little bigger.
20% APR compounded monthly is really like 21.939 APR
Lets get compounding.
Posted Using LeoFinance Beta
I love this, on some days when I don’t feel like making an extra post like I used to, and I feel like I am slacking in my daily reward goals, engaging and getting those comment rewards is what makes me achieve those
Yeah there's so many ways to earn
Posted using LeoFinance Mobile
View or trade
BEER.Hey @l337m45732, here is a little bit of
BEERfrom @solymi for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.I need to be more business-like in my approach to tokenized blogging instead of solely posting the first thing that pops into my head as I have been for nearly a year. While I don't want to be misunderstood, it's also costing me both time and other content I could be posting here.
Posted Using LeoFinance Beta
Eh, not everything has to be serious. If you wanna grow though it definitely helps to treat it like a business.
Posted Using LeoFinance Beta
You're right about not needing to be serious all the time; I just need to fine-tune what I've been doing so I can do more of the things which add value, less of those which don't, and get back time I can use for more forms of engagement and more posting.
Posted Using LeoFinance Beta
Other good-paying tags to use are #pal, #cent, and #bht. Between these and those mentioned in the post, you'll be good. Especially with CENT since it was created as a stablecoin pegged to the value of 1 USD cent.
All that's missing from that image is a tesseract and it would explain everything!
Posted Using LeoFinance Beta