Why Post On Hive Now Is Better Than Beginning of The Year?

avatar


image.png

On average daily post earnings I have by $ value dropped about 1/2 to 3/4 of what I was earning even just a little more than one month ago. One of the causes is my lack of posting consistently as now I tend to do one post a day rather than two or three in prior months. However I am here to say in times of Hive price falling it is best to be writing and curating on Hive than ever before. Why?

More Rewards!

Lets do a basic arithmetic example of why low Hive prices yields more rewards? For instance a post has $10 in post rewards at the end of the 7th day the rewards are distributed to post author and curation. By default it is a 50/50 split. Furthermore author's share of the reward is 50% HBD and 50% HP. While curators have 50% of the reward in HP with proportion of curator's HP when performing up-vote. The more reward part is dependent on the price of Hive.

If Hive is priced $1 at time of post rewards the author will receive equivalent of $5 in total. It composes of $2.5 in HBD and $2.5 in HP. That would equate to 2.5 HP. On the other hand if Hive price is $0.50 the rewards would be $2.5 in HBD and 5 HP. Compare the two the lower Hive price means the more HP earned per post rewards.

The example comparison made above is over simplifying the numbers but it illustrates clearly the benefits of earning more HP while price of Hive is lower. In reality as Hive price rises so will the $ upvote which in turn will yield more $ HBD and less HP.

image.png

To help determine current Hive price you can check out hiveblocks.com which lists all current activities on the Hive chain and what the current witness has Hive feed price as.

Conclusions

If you are still confused with all that was discussed forgive me as I am not very good at explaining. What I can do is summarize in short here what I am getting at. Although posts now are earning less $ compare to a month or more ago it is not as bad as it seems. This is because we are earning more Hive power when we receive our rewards because Hive price is lower. In turn on days when Hive price one day is over $1.00 again the same upvotes will yield more HBD but less Hive power. So we want to earn as much Hive as we can now because long term we will likely see Hive go over $1.00 again.

None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!



LeoFinance = Financial Blog
LeoDex = Hive trading exchange for Secondary Tokens, Low 0.25% fees for deposits and withdraws.
HiveStats = Hive stats per user
LeoPedia = Informative content related to anything about Crypto and how to make financial gains in crypto!
CubDefi = LEO Finance's Defi with CUB Token



0
0
0.000
11 comments
avatar

Your summary does Justice...
Now this is just a reminder to get busy at increasing ones HP on a daily.

0
0
0.000
avatar

Thanks for the kind words...

0
0
0.000
avatar

The evaluation is really helpful and encouraging.
Thank you for sharing.

0
0
0.000
avatar

Glad you enjoyed it. Thanks.

0
0
0.000
avatar

Thanks for the info, I didn't think about getting more hp vs hbd now.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Think long term it’s worth the effort. Good luck.

0
0
0.000
avatar

A bear market is the best time to accumulate HIVE. When HIVE price rises again, that puts a smile on your face looking at your wallet.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I agree and it's always conflicting to see look at the price of Hive because it affects the Hive and HBD you get. I think a low Hive price means you get more HP and it's time to build Hive. When the price is high, I think it's prime time to store HBD in your savings.

Posted Using LeoFinance Beta

0
0
0.000