Direct from the desk of Dane Williams.
Being the Monday after an epic Australian Open tennis final that didn’t finish until 1.30am local time, I’m understandably a little drained.
While my mental capacity to research and write a complex cryptocurrency epic may today be limited, my clear goal to stack money making digital assets remains clear as ever.
Hear my thoughts on why those looking for a quick buck should be focusing their attention on more lucrative opportunities elsewhere.
But if you’re here for the long term, then see why Hive crypto WILL make you rich.
So the price of HIVE has pulled back from it's all time high of $3.00.
But for me, all of the worries and arguments about price right now are honestly mute.
They mean absolutely nothing.
After all, if you don’t believe in the decentralised, censorship-resistant, community owned properties of the Hive blockchain, then what are you even doing here?
Quite frankly, if you’re here just for a short-term cash injection from bleeding the rewards pool, then I’d even go as far as saying that you’re certainly not the sharpest tool in the shed.
Especially if you’re a writer, designer or developer anywhere above the beginner’s level.
When you figure out that these skills can provide a tangible increase to the bottom line of businesses, the numbers you can charge are certainly more than you’re earning on HIVE.
Focus on freelancing and signing clients to fat retainers based on the difference you can make to their bottom line.
That’s where the real short term money is.
Heck, you might even build a business along the way.
But if you’re like me and do believe in the long term value of the Hive blockchain, then the short-term US Dollar values of what you’re earning shouldn’t matter.
The way that we saw excitement levels rise alongside the HIVE price rise to $3.00 was cute.
But at the same time, ridiculous.
I mean that $3 price barely put HIVE into the top 100 cryptocurrencies by market cap, let alone the top 10.
Hive is a truly decentralised, fast, zero-fee network whose native HIVE token has one of the most distributed token supplies in the market.
Splinterlands has shown that the network has the capacity to run the most popular blockchain game on the market.
Not to mention our very own LeoFinance, showing how censorship resistant accounts can easily plug and play into social dApps for a truly decentralised social media experience.
The value of the Hive network is undeniable at this point and the opportunity to take an ownership stake in that network via powering up your HIVE tokens is available to all.
All that should matter to anyone who sees the long term value of the Hive blockchain, is your stack of tokens.
The number of tokens you have stacked and ultimately what percentage your staked HIVE represents.
When the price of HIVE inevitably rises, your HIVE stake becomes a money making digital asset that you can derive an income from.
With an absolute base rate of 5% in curation rewards on your HIVE, or the 12% interest at the blockchain level on the network’s algorithmic stablecoin Hive Backed Dollars (HBD), you don’t even have to take any off platform risks.
Your Hive account becomes a money printer, with the option to remain active as a blogger, gamer, whatever.
Or simply to switch things onto autopilot and generate the truly passive income that everyone will search for at one point or another in your life.
Right now, I encourage you to pick a number that you can live off and continue stacking HIVE tokens at today’s prices.
If you can reach that number at today’s rock bottom prices without selling any of your base stake, then you’re set to simply increase your pay as the price of HIVE rises.
Continue stacking tokens as price drops and you will always be able to maintain that base income level.
If you’re already here, then you have your account to take advantage.
If not, then LeoFinance offers you the ability to simply use your current Twitter account to create a Web3 Hive account.
Head to leofinance.io, click the get started button at the top and create your Hive account using your Twitter login.
From there you have the power to generate your private keys and take full ownership of your account and future long term money making potential.
The power is now in your hands.
Use it wisely.
Best of probabilities to you.
