Hive PH Power Up Day!

Empowering and encouraging other Filipino Hivers who show effort in making their posts engaging, entertaining, and informative is one of my hiving goals. And the more HP I hold in my wallet, the higher the difference it can make in a quality content creator's post.

The next reason is delegation. The more HP I accumulate, the more I can delegate. @Hiveph hosted a contest two weeks ago asking what do you plan to do with your Hive earnings. There were amazing entries. I wasn't able to write about it during the contest period but I'll share my plans nonetheless.

What Do I plan to do with my rewards on the blockchain

1. Power up Every first of the month
   If I had not been too excited about reaching my 3K target HP, I would have had a higher power up amount today. But I got too obsessed with reaching that 3K Hive Power mid-September.
   
2. Delegate
   Whenever I find new Filipino Hivers in need of help with their RC, I immediately look into delegating to their account. If @hiveph has too much delegation already, I, along with the good-hearted staff in the Hive PH community go out of our way to delegate to these new accounts. Last year, I learned about @qurator giving out 80% of all curation payout to delegators, I gave it a try. And so from then on, I got a constant payout from them. Then I started delegating to other curation accounts like @curangel, @ocdb, @tipu, and @hivephilippines. They all give out either 100% or 80% of curation payout to their delegators. What I love about these accounts is that they are known to curate quality posts. If you delegate to them, you support their curation while earning at the same time.
3. Learn to invest
   When we get our rewards, the most straightforward way to use it is to either withdraw it or power it up. Clearly withdrawing and converting it to fiat, while very gratifying, is not too wise if you want to earn more from your rewards. Powering it up helps grow your account, but that's just it. There are other opportunities I know I am missing out on because I am not yet knowledgeable in trading. I know the basics, but I'm too scared to try. For this month, learning to trade is one of my priorities.
4. @whoaretheyph
   Every month, I make it a point to help out @whoaretheyph for their initiative in helping the Filipinos that were greatly affected by the financial implications of the pandemic. This will be part of my monthly reward plans.
5. Support the community
   Hive PH account is still young (though we have some 3 years from the other platform), our initiatives to help out the newcomers and empower the tenured ones is our major project as of this moment. Engagement is key to a thriving community which is why we have weekly contests. Thanks to the staff members who always help out when they can, we are able to send rewards to everyone that actively participates.

How do you earn more in Hive?

The more Hive you earn, the more Hive Power you'll accumulate. So for the rest of the month, all you need to do is to acquire Hive. So how does one earn more?

1. Post entertaining and engaging content.
   This is a bit too obvious. Quality comes first. The upvotes will follow. (Not always a guarantee, but the next number will surely help you.)
2. Engage with other users.
   And by engage, I mean to be active in curating and commenting on others' posts. Upvoting earns you HP, commenting may earn you friends.
3. Delegate.
   I would recommend you choose the accounts you would delegate too. I go for those who value quality the same way I do.

POWER UP DAY!!!

Lately, I have been staring at my hivestats page. I don't really understand everything in it, but it gives me a quick look at how my account progresses. I look at the APR and even though I don't fully understand what that is, judging by how it goes up and down, it shows how effective and efficient my curating habits are. There's also a daily, weekly, and monthly view of my earnings. It was because of this page that I got the rush of powering up so I can get my 3K HP target right away. I'm just happy at how my HP looked like when I compared my September 1st and October 1st HP.

Because of the earnings, I acquired for the entire month, less all the miscellaneous and other things I used my Hive for, (still in the blockchain, and still investments) I ended the month of September with 220 Hive. I powered up 170 HP (I only powered up 100 HP last month) which is an indication of account growth. I started September with 2753 HP, my October starts with 3382 HP. That's a 629 HP difference, accumulated from my post payouts and curation rewards. My target for this year is to end at 4K HP. At this rate, I am forecasting a much faster growth but I'd still like to remain in the safe lane. (I really am a scaredy-cat when it comes to investing, and it shows with my HP target setting.)

Conclusion

It is more fulfilling to power up and sees your account grow as you stay on the platform. Delayed gratification will give you greater rewards in the long run. The key here is to look beyond 4 or 5 years.

Promoting Hive to your non-Hive peers will be much easier when you yourself see a growth in your account. Right now, telling people that you will earn money with your every post is somehow setting the wrong expectations and is bound to end up in disappointment and terrible user experience. Rather than promoting Hive as a "post to earn" kind of platform, why not promote Hive as a hobby you can earn from.

Because the truth is users will not earn solely on their posts. It is not healthy to get so hung up with the $$ under your posts. First of all, invest your time in drafting your post. That is the top priority. Interact with people. Think about what value you can give to the platform rather than how much you can get on your posts.