Being an entrepreneur has given me that added advantage of having what to always write about. Indeed there is much to daily businessing; incomings and outgoings sum up to something. Where are we getting it wrong, why is business slow, what makes our expenses tally with generated revenue, how can we improve? Ok, there is much to discuss and as we speak, I have this DOT on the table to connect.
Paperwork most times does not play out as reality. We brought in a branding machine last year and it is as if we are not making the most of it. Can it be a wrong transaction as we have our money locked into an equipment that is not in use right now? Or maybe it still boils back to us having to sit down and connect everything to see the needed flywheels.
The question can be, what do you do when you are actually not using something? Ok this particular machine, it can save as a stake for the future to the favor of the company. If we did not acquire this machine last year, I don't know how soon we would have. Secondly, the prices of things keeps ascending so we can say we’ve been able to offset it from this angle.
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It has been a while since I went through my entire micro-asset gains on Hive ecosystem. I did that this afternoon and I saw some micro payment rewards that were just sitting there. If it is not withdrawable, at least it is restakeable. That's the best idea, if you are not using it, why not stake it? It comes with the benefits of increasing your staking rewards distribution of such tokens daily or if it is done monthly.
I talked about micro payments in my recent article and how it is teaching us something vital ahead of the era we are gradually phasing into. For NOW just for an instance from rewards I am getting, it may tally up to some few cents to a few dollars; something that may really not make much sense but in the future it will be a big stage activity and those who understand its rewards system will scale.
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On the other hand, what I am doing also helps to strengthen the economy behind these small tokens. Stakes are very important to promote long term growth as it reduces sell activities or on the other hand helps provide liquidity through long term holding. So how often do you go through your micro-earnings on the Hive ecosystem?
To conclude, let me add, there is a need to set out time and do that. It is not even bad at ALL if you can TRY that out right NOW. It doesn't take much time to press a few buttons to get things going. If you are not using a token, just stake it, don't leave anything dormant. As I earlier said, it is a both end gain; strengthens the ecosystem while on the other hand increasing your quantity of token rewards. In the case where fortune smiles at you in the near future, it can be a life changing decision.
I just read a related article from a friend on this chain this afternoon. It was his long term stakes that helped salvage a critical financial situation that was about to knock him and his entire family down. His stacking and restacking for years paid off; something he said, he will do well to start again as he has found some financial breathing space on the latter.
This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart.
