Earning in crypto could not be any easier.
I am always amazed at the growth that one can achieve in crypto through simple actions like staking your rewards that are earned and compounding them. This too many is not so obvious as they see the rewards and not the potential of those rewards. Those rewards when staked will generate even more rewards and that is the simple explanation of the compounding effect along with sufficient time.
A friend of mine who is staked in COTI harvested his rewards last week for the first time since the treasury had moved to MetaMask. I think this was not much as his stake is not that large but even still you need to keep staking regularly to allow the compounding effect to happen. I think he has something like 5000 COTI and had about 50 COTI as rewards so by adding the 50 COTI he is literally increasing his stake by 1% which is still good growth.
Another personal friend has crypto on Binance and I presumed he would be staking on something like the flexi saver and he has ignored this. I think he said something like it is only 0.25% so in his mind this is not worth getting involved with. If you can earn more tokens you take it because he is throwing away any future tokens by dismissing this. I told him he was throwing away 0.1 tokens daily by preferring to opt out which at the end of the day is money. I think many in crypto have this attitude and it is a lack of understanding the concept of how compounding works.
Being involved on a blockchain like HIVE has taught us many things and that is how to grow and compound our stake. This I believe we learn fairly quickly as this is easy to spot the compounding taking place once your stake has grown to a decent size.
There is no better feeling knowing that todays stake will be bigger tomorrow due to the rewards you have earned being staked and then compounded creating even more rewards the following day.
15 days ago my HIVE vote was sitting at 7.95 and I noticed this week this had grown into 8.29 HIVE and has since dropped down to 8.10. This fluctuates all the time, but what is important it signifies growth besides the obvious being the size of the stake. This is bound to happen as your stake is continuously growing so eventually your vote values will increase as the stake grows. The more you have the quicker the stake grows and this is very true as this is the stake driving the growth once you reach a certain size.
I guess the idea of earning and growing rewards organically via staking is still foreign to many as in their minds they believe growth happens through trading. There is only so much spoon feeding one can do and at some point they need to learn for themselves.
