You often hear about so many people in crypto struggle to keep things going when the market is down like we have seen over the last 18 months. We see this happen on Hive as the activity tends to drop away yet this is the most important time to stay active. These are the crypto cycles we work through and should be accustomed to the ups and downs as being part of the journey that makes it a little more interesting.
The small mile stones we achieve on a monthly basis encourages us to do more as we know how important this time really is. The time for real growth is happening now and not when the prices are high as there is less hive on offer to be earned each day due to the activity increasing plus returning users help to dilute the reward pool.
If you ignore the price and concentrate on consistency that is half the battle won as you will succeed achieving more than you could ever have imagined. Finding the positives in your growth via tracking your vote value or just the total Hive staked is what will drive you on every single day as lets face it Hive is a fun game to play and it is also so addictive.
Last month I had a vote value of around 4.2 Hive and now it is up to 4.3 Hive which highlights the growth and pushes myself to hit 4.4 Hive as my next mini milestone. Throw in the 3% APR on stake and suddenly this figure is looking more and more decent as the months tick over. Nearly a combined value of 30 Hive per day being added and compounded no matter what. This may sound like nothing, but these are actually getting to be serious numbers if one was thinking of a passive income in a few years time. Today having a value of around $300 per month is $300 being invested monthly which is what is important.
Hive at just $5 would be magical as just on the vote value alone that would equate to over $100 per day for doing something you enjoy. Crazy numbers when you start to crunch the figures as there are going to be plenty of wealthy people on Hive even though one would hardly know that right now.
The opportunity is here and by staying active you are giving yourself the best chance of succeeding. There are very few jobs in the real world that can offer what Hive has as you are in control of your own paycheck. Depending on how much you want to earn in the future will depend entirely on your commitment.
I do think if someone committed 10 years to Hive without taking out stake along the way they would be well on their way to a decent retirement package with a stress free life. Just in the last few years the perception of crypto is changing and it wont be long now until it is seen in a favorable light. This is what we have all been working for as the entire crypto world is going to open up to endless opportunities and we are smack bang in the middle of things.
Predicting prices over the coming years is a dangerous game to play and why I tend to ignore speculation as it is not real. $5 I do however see as a realistic number even if it maybe still on the low side for what could happen. The ideal scenario is your stake you have managed to accumulate takes price out of the equation as you have guaranteed wealth whatever the price might be. This would be possible if one did commit to the 10 year time frame which is not difficult as Hive is a fun place to relax and earn at the same time.
