The one thing we all know is being consistent over long periods of time will eventually pay off and this is the case being involved on a blockchain like HIVE. This is not that difficult to achieve growth and it just takes a bit of commitment on your part.
The stake you hold is your most important growth tool besides you which is your brain and personality because as we know the stake generates rewards which is then banked or powered up into more stake. The APR for stake is currently at 3.02% and averages out at roughly 3% even with all the fluctuations we have over the years.
When you combine the APR and curation percentage it works out somewhere between 11% and 13% so if you are continually growing and adding to the stake the number of rewards being earned will also slowly increase over time. This may not be noticeable immediately even though your stake is growing, but given some time you will definitely notice the difference which is helped through the compounding of rewards. The more you have the more noticeable the growth will be which is kind of obvious.
The last time I did one of these posts was 7 weeks ago which highlights the point doing one weekly would show little to no growth especially on your HIVE vote value which is what I use to judge the growth on my account. 7 weeks ago the HIVE vote value was 7.87 and now it sits tonight at 7.95 so not a massive difference except you have the equivalent of 10 x 100% votes daily so this is actually more than you might think.
The 0.08 extra HIVE per vote multiplied by 10 over a month is an extra 24 HIVE and over the course of one year is worth more than 290 HIVE of which your share is 145 HIVE due to the 50/50 split with authors and curators. This all through being consistent and growing your account over a 7 week period allowing you to earn an extra 145 HIVE per year. Everyone grows at different speeds so this is just an example of what is possible so one can imagine what is possible over a 12 moth period. If things were all equal which we know they are not this would be an extra 1100 HIVE earned per year if the growth remained at the same levels as the last 7 weeks. Not forgetting this is extra HIVE over and above what is currently being earned daily prior to the 7 weeks that have just passed.
Just think if HIVE was worth $1 which is not an unreasonably high amount then this is like giving yourself an increase every few months for doing something you enjoy. How much work do you have to do in the real world to achieve an increase of $1100 each year? The ability to earn is literally at your fingertips and why staying consistent is the key to unlocking and tapping into the wealth available. If one does this for 10 years then you will never look back and I would imagine you would be fairly well off financially.
That was just the vote values and not forgetting the 3% APR which is added onto the stake every time a block is completed which would add the equivalent of an extra 2 HIVE monthly to the stake. Again this is all continuously compounded and why the stake and having stake is the key to growth. Once you realise and see how this compounding effect works you will seek out investment that offer a similar growth trajectory as this is truly magical and more importantly given time never fails.
