Yesterday out of curiosity after reading a few articles I started surfing through the wallets of a few people I have followed on this platform for some time (might as well come clean). Needless to say, some of the stakes I saw were pretty mind blowing. Considering the fact that even someone I recall having the same HP with at a certain point was now comfortably around 50kHP, a part of me couldn't help but sigh.
The bitcoin bull at the first half of the year coupled with my discovery of second layer tokens and communities made me to literally say to myself that I was ignoring a goldmine, which I've sought to correct.
Some users have grown steadily over the period from mere activities while a few have taken advantage of either significant drop in prices or larger reward pool offerings to grow. The common element among them is consistency. I certainly have been anything but consistent on Hive, but somehow I couldn't help but feel...Jealous?
It wasn't even the large stake of others that made me express some level of dissatisfaction with myself, or the fact that I likely should be holding a much bigger stake. It was more a sigh of missing out of an opportunity that I held a certain degree of conviction (whose intensity sometimes fluctuated with prices) to grow when the opportunity presented itself.
Having a major stake is a big deal on Hive, as it is in any other hierarchical or organizational structure. The stakeholder bears more risk and ultimately, more rewards. For Hive, choosing to keep staking is entirely voluntary only briefly slowed by the 13 week timeline for powering down.
It would be impossible though for all us to follow the same growth pattern due to the uniqueness of each individual circumstance. Yet one thing I have also realized from here is that growth is possible regardless of circumstances and is quite deliberate.
I mean there really is a way to use this platform conveniently for everyone that can promote a degree of consistency. One of my favorite followers uploads one opinion photo a day and spends the rest of the time curating. These seemingly small, insignificant activity has enabled him hold a major stake.
Maybe it's all the developments on Hive such as Leofinance and Splinterlands, or the expotential growth of the cryptospace in general over the last couple of months, but I percieve the Hive community is a lot more stake-based. This is particularly true for older entrants who have come back due to FOMO and are trying to position for the rapid changes in the space. It could also be due to innovation which has compelled users to take advantage of value offerings such as Cub DeFi and the 10% interest on HBD.
It is clear that this is as easy as we're ever going to see an opportunity to explore and succeed in the crypto space, and all the action begins from our Hive wallet.
I hope year from now I'll be able to write a lot differently about my Hive adventure. Regardless, the opportunity is there for those who opt in on Hive to still lay a solid foundation, but so are the temptations. Working out a solution that at least promotes growth. Hive is too good an opportunity to pass up, and it isn't too late to take full advantage (notes to self).
