Accumulation and growing our crypto bags is all we can do right now and very little has changed with the mind set still the same as what it has been for the last 42 months. The good thing which is a major plus is by being on HIVE we know how to grow, accumulate and compound our stake. Unfortunately many on HIVE don't quite understand this and are happy to delegate a high percentage of their stake away for a return vote or some tribe tokens. I will get onto why this is such a bad idea further in the post.
It was just 12 days ago I mentioned my HIVE vote value had reached 7 HIVE and today it hit a high of 7.08. This is important as it basically allows you to earn an extra 0.4 HIVE via curation daily. These are the small wins that I monitor as it vindicates the time and effort it takes to remain active and consistent. HIVE is not easy so being able to support others with a higher value vote whilst your stake is growing is rewarding to see.
I know there has been some talk going around regarding people delegating their stake with the problem being some users delegating a majority of their stake which is absolutely bonkers in my mind. Stake is what helps you grow and more importantly your stake helps the community grow. I some ways this is no different from self voting as you are only thinking of yourself and we know without the community support you will not grow.
There is nothing wrong with delegating a percentage of your stake, but between 40-90% is seriously crazy. If you are banking on support from a project you are delegating to think twice at what real value you are getting in return. Everyone thinks differently and I only started to consider delegating when I had sufficient stake and it would not impede my account growth. What about the other accounts in the community who would also like to grow yet your account has no value because you have given it all away. I have seen accounts going backwards in dollar value because of what they are doing and they will regret their actions.
Your vote along with a comment and reply is your growth tool on HIVE as this is how you engage with others and grow your following. What we see happening with so many users is nearly as bad as the bid bots that plagued our blockchain may years go and it seems this is like another version of this today. Keep your stake and grow your accounts as there are no short cuts, your stake should be a precious commodity yet many do not see the true value of how it helps you grow.
My account has taken over 7 years to get to a vote value of over 7 HIVE and I just see a high percentage of accounts thinking they are playing a smart game. The reality is if I had done what they are doing I would be lucky to have a 3 HIVE value and more likely to be under 2 HIVE. Be selfish and grow your stake first because it helps not only yourself, but others you curate in the process. I spent a solid 2 years before I even considered delegations because stake is that important for growth.
