Investing in Hive, Staking Substantial HP to Curate Quality Content and promote blockchain.
Hello Hive.
There are alot of benefits in joining the hive blovkchain, you can decide which type of investment you want to make and how much return on investment you want to get.
HBD savings has been one easy way for anyone to get rich on the blockchain but what is the benefit of getting as much interest on your HBD savings if you cannot utilize it for the development of hive block chain.
HBD savings is good in its own aspect and for whatever reasons our Hive witnesses have kept that at a 20% return which is really on a high side and not also a common thing to find in terms of an investment out there, one think I this this might have been the reasons for keeping this so is mainly to attract investors into the block chain who would be willing to buy and stake HBD.
But why can't the standard for HP be raised since having enough hive power gives one the privileged to give back more than enough into the block chain.
The return on HP is a 2.98% while you can also earn cheating quality content on the block chain.
By staking in HP you have the privileged to earn duration reward while giving back to the communities cheating quality blogs.
There are alot of quality post that may not get any attention even though it might have some resoable engagement, having a tiny dot of upvotes can also encourage the content creator to do more.
Investing in HP is a good option and a win-win for both authors and curators and should be encouraged among hivers, its one best way to promote and develop the hive block chain faster.
While alot of investors are buying and staking, powering down should be discouraged except for emergency reasons and trade benefits aimed at multiplying ones stakes.
Most importantly this is not a financial advise as everyone is entitled to their earning and what they desire to do with it.
Posted Using LeoFinance Beta
Delegating to quality groups for a daily vote is also a really another good one. Investing in making more is a smart move.
Hopefully my HP will grow more so I can give good upvote to quality contents and at the same time I can get more curation rewards.
I believe that accumulating HBD and increasing one's HP are equally important. HBDs have an excellent percentage return and can create significant compound interest, giving us the opportunity to grow in the future should there be other convenient conditions.
In general, however, I believe it is good to accumulate all the resources that Hive offers and hold them, the investment we make here should be seen in the very long term in my opinion.
You have to believe in the potential of Hive!
This is totally true and a fair point.
It is just as good to key into all the opportunities... Thanks for your contribution.
Thank you!🤗
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