How can I maximize ROI on my $200.00 investment in the Hive blockchain?
Buying HIVE tokens, staking them, creating content, and engaging with the community. These activities are simple but not easy to do.
Buying HIVE for instance requires saving. For some countries, that would be common-sense action. But for countries with less than $300.00 salary per month, setting aside $20.00 every payday for saving is quite a challenge. Not unless you believe that Hive will give you a high return in years to come despite the inherent risky character of all types of investment in cryptocurrencies and that includes even the time and money you invested in Hive.
Staking too is something new that I only learn here on Hive. Some don’t like the idea of locking their token for a certain period due to FUD. Others prefer to hold their tokens in their liquid form for them to take advantage of sudden price changes and could instantly take their profit in such a trade. I think that is one strategy that I would consider if I have a huge capital to buy HIVE since from time to time some people out there love to pump the price of our token only to see it return to its previous price after a day or two.
Creating content at first was easier for me, particularly those Splinterlands-related articles. The last article I wrote for Splinterlands was on 11 January this year. Though steemmonsters upvoted that post, writing an article exclusively for Splinterlands without mentioning other DApps on Hive is a kind of rule that I struggle to keep. Perhaps, that is one reason why I have a low motivation writing for Splinterlands now. I prefer from time to time to write articles that combine the stories of my journey on Hive instead of just focusing on one front end. I think that is ideal for though different decentralized apps on Hive have their specific niche, still, they are all part of one big Hive family. The success of one platform is something to be celebrated by other platforms, not unless of course each tribe wants to advance its own goals without regard for the success of others. Such a spirit promotes polarization and I consider it not healthy for a very young but promising digital country like Hive.
Lastly, engaging with the community. I think I should remind myself that Hive has many communities within the larger community. And so, it is better to think of such engagement not with a single but with the diverse communities on Hive. Among the primary tribe tokens in my wallet, I could say that in terms of engagement, it is the CTP tribe that I am most active with, though it is somewhat reduced since January due to my academic pursuit and my new assignment related to my work.
Nevertheless, despite my busy schedule, I am still doing my best to complete my 30,000 staked CTP on listnerds.com. As I keep saying, once I am done with that, I will shift my focus to LeoFinance, which I could say is the second tribe that I am more engaged with. My goal in this platform for this year is to grow my stakes to 5,000 LEO stakes.
I do believe that all four activities mentioned above are necessary to increase one’s return in the Hive blockchain. I consider thinking of ROI not as a self-serving goal, but as part of the basic reality of life and of being human. We cannot escape economic reality, particularly in the kind of challenges that we are facing now from the hands of the parasitical class.
In terms of ROI, I think every Hiver has this aim in mind, to realize such a return after some years. I am not a fan of fast money, of huge returns in the shortest time possible. Observing nature, we see that growth requires time and patience is the most important virtue one must have to succeed in this new world of finance and technology.
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How many games do you know on HIVE?
Using splinterlands as a reference for the investment price tag is very inaccurate in my view. But let me know and I can show you some examples...
I know four or five but I don't have the time to play all of them. Splinterlands is already eating much of my time. Once, I was thinking to try dCrops and Hash Kings. I think the best I can do for now is just to buy a few gaming tokens like LVL, WOO, and GLX.
!PGM
!CTP
So, no risingstargame or stardomplay make into the moods of your types of likings?
Whenever you have the time, come along to my Discord server...
Yeah, I checked it before and it appears to me that I might have a problem keeping some of the rules of the group.
Right, I will leave up to you for reading and discussing any problems with risingstar, but feel free to ask any questions.
on another note...
You might like https://terracoregame.com/?ref=forykw
Thanks! I couldn't reach the site of the above link you shared.
I am an idiot.. forgot the WWW thing...
https://www.terracoregame.com/?ref=forykw
Now, it works. Thanks!
Things are challenging indeed but glad we can still keep going. And with regards to taking advantage of the HIVE pumps, I found out that we don't really need a huge capital. We can start small and keep doing it until it grows. Although I'm not good at it, I saw the potential when I traded just about $15 worth of HIVE.
Meanwhile, all the best to you in all your endeavors and your goals too. Let's cultivate more of our patience as we work on our dreams :)
Posted Using LeoFinance Beta
Yeah, I tried the same. So far, I had three successful trades. With the recent pump, I was able to sell 40 HIVE, and after a day bought back 48 HIVE.
!PIZZA
!CTP
That's awesome then! Unfortunately for me, while sending some HIVE from BSC to Hive just before it pumped on the 20th, the transaction didn't get through the bridge and still waiting for the refund until now. I lost the chance for profit🤣
Posted Using LeoFinance Beta
Oh, sorry to hear that. In my case, I enjoy using MEXC.
It's okay. Glad you do. I'll check MEXC for any future transactions.
Posted Using LeoFinance Beta
all the best on your goals my friend. I have never try splinterland, because I have never play that game. way too late for that I think. But yeah,, making regular post and also actively curating will be a very good use of the investment that we do to hive.
I think when it comes to prices of cards and SPS, entering Splinterlands now is far better than the day I joined more than a year ago. If I would invest $300.00 today, I could have twice the size of the SPS I am holding now.
!PIZZA
!CTP
In my opinion, there is no black or white solution... You don't have to go ALL-IN one game, or all in staking, or all in HBD... It looks hard when you begin the journey, but it is getting easier as you have a lot of fun doing it...
The real beauty of HIVE is that everyone can do it on its own pace... There is no time limits, or anything that rushes you to do it faster, bigger...
I !love that. Some are fast and others are slow. Still, a few would do it big and the majority perhaps are satisfied with small steps. I prefer small and slow.
!CTP
!PIZZA
@ph1102, @rzc24-nftbbg(1/1) sent you LUV. | tools | discord | community | HiveWiki | NFT | <>< daily
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Please vote for pizza.witness!
Throw it into Hive Power. Go find people you enjoy. Upvote their content. Engage. Build friendships. Get value from those interactions.
Thanks for the advice.
What an awesome post. It is so great to see the perspective of others and other parts of the world. Thank you.
!BBH
!ALIVE
!CTP
@rzc24-nftbbg! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @bradleyarrow. (2/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
@rzc24-nftbbg! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bradleyarrow. (3/50)
Thanks for the visit. Despite, the difficulty, I still try my best to set aside at least 40 USD every month for Hive.
!PIZZA
!BBH
!CTP
@bradleyarrow! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @rzc24-nftbbg. (1/5)
Absolutely amazing 👏
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@rzc24-nftbbg! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bradleyarrow. (11/50)
Thanks, @bradleyarrow
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@bradleyarrow! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @rzc24-nftbbg. (2/5)
Nice information sharing~
!ALIVE
@rzc24-nftbbg! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @cursephantom. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
Thanks!
!BBH
@cursephantom! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @rzc24-nftbbg. (3/5)
Hello @rzc24-nftbbg
It is true that Hive requires time and patience.
Have a great week!
Barb 😊
!BBH
!CTP
Yeah, you're right.
Thanks @rzc24-nftbbg
Have a nice rest of the week!
!BBH
!CTP
Thanks, @adcreatordesign!
!BBH
@adcreatordesign! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @rzc24-nftbbg. (1/5)
You are most welcome @rzc24-nftbbg
!BBH
!CTP
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