How Can Hive Ensure To Have A Consistent Income In Crypto?
When you do a job, you do not have to worry about a consistent income as long as you have the job. You will get a salary in time. You know you can pay bills and spend money to live your life.
It is very important to have a consistent income. When you do something on your own to make money, sometimes you can make more money, and sometimes you may hardly make any money. You may go through a challenging situation when your income is not consistent.
If you are in crypto, and you want to make money consistently, you can think about Hive seriously. Crypto is highly volatile, so how can you ensure a consistent income from Hive?
You can make content on Hive and publish your content at any time. No one is going to put restrictions. When you add value and make content consistently, you will earn HIVE and HBD. HIVE price fluctuates, you do not like to sell HIVE at a low price. But HBD value is close to $1.
You can sell HBD at any time to withdraw money. That's a big advantage. You may say, there is no guarantee that you will get upvote on your posts. Yes, that's true, but you can earn curation rewards supporting others content.
You are certain that you will have curation rewards. Moreover, you will get an APR on your Hive Power which is now 2.89%. The more HIVE Power you have, the more you can earn curation rewards as well as APR on HP.
Having a consistent income is a blessing when you go through a hard time. Things can change, but when you are certain about a consistent income, you feel relaxed. There are different opportunities to make money on Hive. Creating content is not the only one.
You can earn 20% APR on HBD. If you keep your HBD in savings, you don't need to do anything else. Every month you will get interest. You will get a consistent income from HBD savings. The more HBD you have in savings, the more you can earn HBD as interest.
Second-layer tokens like LEO is another source of income on Hive. You can stake LEO, support others and earn curation rewards. You can earn LEO from crypto and finance-related content. Playing games can be your favorite source of income on Hive. You can do a lot of things, you need to choose what you want to do.
HIVE price can change, so when HIVE price falls, you can buy more HIVE with HBD. You cannot use the internal market to trade, you do not even leave the Hive ecosystem for that. When the HIVE price rises, you can buy HBD with HIVE. You can earn more in trading.
Whether it is bull or bear, Hive is always there to help you have a consistent income. So what do you think? Please feel free to leave your comments. Thank you for reading this post. That's it for now. I'll be back with another post.
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Hi, I am Rezoanul Vibes. I'm a content creator and passionate learner. I write about finance, cryptocurrency, and lifestyle. I'm glad to meet amazing people all over the world.
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Consistent income are plenty on hive, in curating others Post, publishing your post, moreover doing some nice engagement, Hive is that one place, self reliance is built when a person put in efforts in bringing valuable contents, Thank you for your post @rezoanulvibes
As long as you put your effort, you will keep getting income on Hive. You can do a lot of things to have a consistent income.
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That's the truth 🙏, thank you for saying this.
Well using have to make money is a consistent income , but you might want to say it's not fixed you might earn a different figure this month from what you earned last month . The hive is consistent but not a fixed price
HIVE price fluctuates. You are earning HBD as well which is equal to $1. The interesting thing is, you get 20% interest on HBD savings and that's fixed unless witnesses change the interest rate.
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I think it is a good idea for people to always have multiple income sources. Hive is considered one of those sources in the future and I see a lot of potential there. There are a ton of ways to earn and people can choose what suits them best.
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Having multiple sources of income is always better. If anyone wants to make money in crypto especially creating content, Hive holds the best position so far.
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Diesel pools and trading!
Yes, it is. Thank you for mentioning that! :)
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I was discussing with a friend on how Hive has made us earn consistently with different ways to make more income through HIVE, HBD, and second-layer tokens.
Though every day won´t be good, but trust the process and keep going on the blockchain. You will definitely feel relaxed that something is coming out for you at the end of the day.
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If you see how much you earn after a specific period of time, say one month, you can see how consistent it is. Yes, every day is not the same, but the outcome for a certain period is great!
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Exactly! This is when it rewards those bad days on your post. Consistency is the key 💪
Surely Hive allows you to create an income.
At present I prefer to hold and reinvest everything; when we talk about investments and having incomes not deriving from the "classic" job in which one's time is exchanged for money, I believe that diversification is also fundamental.
I consider Hive my flagship project but I also invest in other interesting projects that can increase income and can also be seen as plans B,C etc in case something goes wrong.
This is a great time to accumulate as much as we can. The next bull market will be way more exciting if we keep working from now on.
Thank you @p1k4ppa10 for sharing your thoughts! Have a great time!
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