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Hey there, this is Zak from Cape Town, South Africa. This post is my thoughts and experiences rather than any sort of financial advice. Rather, this is more a collection of thoughts and observations from my side of the world, in my life and part of a growing chronicle pointed toward the direction that things are going in South Africa and the World and in my own personal life.

I recently reached 5,000HP. This was grown from 313HP on the 1st of January 2022. So roughly 814 days and a broad average of 5.75HP per day over that time.

Of course, those are not the real statistics.

2022 started out at 313HP and ended on 1650HP, this is a gain of 1337HP at 3.66HP per day on average.

Thus 2023 started on 1650HP and ended on 4263HP, this was a gain of 2613HP (nearly double) and at an average rate of 7,15HP per day on average.

Push this along even further now till the moment I reached 5000HP and it took 84 days, this is 737HP at 8.77HP per day.

Do you notice a trend? You don't need to be extremely highly educated to see that the daily earnings and growth of my Hive stake is increasing and accelerating.

Now, let's talk about why and we do NOT beat around the bush!

Contributing factors to exponential growth

• Do I post more? Yes I do, because its become a 2nd nature to include posting on a daily basis into my schedule.
• Do I post better? Maybe, probably.
• Do I have more friends/followers. Yes. More active friends on Hive means more engagement and attention.
• Do I give more attention to others? Yes. I interact, engage and vote on more users now that at the start.

Hive crypto factors

• Hive Stake APR % 2.8% for 313HP vs 2.8% for 5000HP is hardly difficult math.
• Curation pay. Again, your curation pay is far higher when your stake is decent.

Comparing all this to my journey in the FIAT world (hard cash)

I am currently in the most senior position that I have ever worked in any company and in this company and I am earning the highest pay that I have in any employment that I ever have payed.

I work hard. Over 12 hours a day.

I live in a rental house that is one of the cheapest in my area and if I need to move, I would need to pay 30-50% more for my rental.

I provide my family with Food, Water, Electricity, a Car, the cheapest fibre internet in the country and I have a clothing account I use once every 3-6 months. I have loans and school fees to pay.

I do not earn enough money to cover my bills!

Despite doing everything that I can to mitigate my financial situation, I am struggling and it feels like drowning.

I am currently pushing for a raise or else I may have to look elsewhere for work and at the rate that I am working, that is some hot dice.

If it were not for my earnings on Hive, I would be in serious trouble.

Last week, I needed to initiate my first Power Down since 2022. Back then I thought I was going to cash out and forget Hive existed. Wow, am I glad that I did not do that!

I HAD TO power down in order to cover an escalation of my Rent and a deposit top up as well as some other bills. After this 1x week Power Down, I will stop it and then I will rebuild to 5,000HP at the top speed I can do.

All my posts since that day has been at 100% power up to regain what I had lost.

If we look at the growth of my stake in Hive and work out how it will go for the future, it is clear to me that it can continue to grow exponentially.... but only if I can grow and not power down.

Should it continue to grow like this it may well catch up to my income in FIAT and then I would actually be able to live off Hive... an exciting and scary prospect.

Right now the plan is simple:

FIAT needs to keep the boat afloat while my Hive stake and incomes grow.

This post will be going out to my Hive newbies that I onboard. There are a bunch of them at various levels of growth, one of them has even surpassed me!

Thank you for reading this post!

Cheers!
@zakludick

Hive South Africa