Last night my HIVE vote value trickled over to 10.92 HIVE and is the highest this has ever been which shows the growth is on track. Using the vote value as a guide is something I have always done because it is one of the revenue streams that directly impacts your overall HIVE growth.
Four months ago on April 21st I had a HIVE vote value of 10.50 so the growth has been steady. The extra 0.21 vote value equates to an extra 2.1 HIVE daily through curation so any type of growth is forward momentum and helps the Hive Power increase organically.
The big change here maybe the extra.42 HIVE vote value, but the prices have changed in value. The price on the vote value even having increased in HIVE being earned down by $0.23c. This is unimportant for now as one would have to be a complete numpty to sell HIVE at these prices. The price is only important when it comes to selling so the accumulation part is where we are currently and will be for some time. The growing accumulation part is like 99% of the crypto cycle and if you know how to grow like we do on HIVE this is the hardest part to master.
Seeing that HIVE has dipped below the $0.04c mark is not ideal even though 99% of crypto is in the same boat so HIVE is not alone which would be far more worrying. This Bear cycle has been rather harsh and not surprisingly looking for positives is hard to come by. Every cloud has a silver lining and all that type of talk doesn't change things when you look at the numbers yet there are positives depending on how you view things.
Stake grows stake and the more you have staked the more you grow so during these depressing times accumulating HIVE or any other crypto should be the end goal. The crazy thing is staying active on HIVE during these times is the most rewarding time of all and that is not hype, but fact.
We all want the prices to rise but at the same time do not wish these times away because the growth is that much easier under these market conditions. The HIVE rewards on a post when HIVE is at $0.40c looks so different to when HIVE is at $0.04c. An example would be a $2 post being worth 2.5 HIVE on the 50/50 versus 12.5 HIVE so 5 times more rewards on offer today or 10 x if you opt for the 100% payout option. A massive difference and why staying active even when you feel like your dollar earnings are down your HIVE earnings are up and this is the most important part during this period of the crypto cycle.
The other elephant in the room currently is the HIVE Apr which is sitting at a rate of 5.32% which is around 70% over the normal being 3%. Being able to earn an extra 2.32% on your HIVE Power adds to the daily rewards and adds to the compounding taking place behind the scenes. This all added together increases the overall growth and we should all be growing faster than normal.
