I got fed up of jobs and always working for others so I decided to have a change in my life back in August, 2016 and that I should do something in my life to get red of those long and boring jobs, and that too working for the benefits of other companies and organizations while having a little monthly income as a return. I thought, why not, I move forward and look towards being a self employed and being the boss of myself.
As it is rightly said, when there is a will there is a way, a colleague of mine showed me the way and introduced me to the world of Cryptocurrency. I was amazed to know that Bitcoin, which was valued below a dollar back in 2009, if I didn't forget, was then valued at almost $900 per coin back in 2016, a 900 times gain in just 7 years of short period of time. I decided that I too will invest in it and try to start trading as well.
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So I bought only half a Bitcoin which was an investment of almost $450 in total. I started trading as well as selling on highs and buying back on lows and slowly and steadily increased my capital investment as well. Then I learned that a part from just Bitcoin, there are hundreds of other cryptocurrencies as well which are called the Altcoins. I was intrigued by huge count of coins to be invested on and started to find some good Altcoins to invest on.
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So I started trading and investing on Altcoins and kept on growing my portfolio of cryptocurrencies. I got to know that cryptos can grow your account value by tens of times and sometimes even hundreds of times. Some of my initial investing altcoins were ETH, XRP, ETC, DASH, XLM and more. I kept on expanding my portfolio and in the meanwhile increasing my investment and capital gains.
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In the meantime, I decided to go for investment on stock exchange and mutual funds. I started same investment planning as was done in cryptocurrencies and my experience of crypto trading helped me a lot and gave me an additional edge over the other traders in the market. I grew my investment in stock market as well and enjoyed gains and dividends from companies that pay their investors. I learned that your money can actually work for you to generate income through investments, then why panic in doing hectic and tough jobs for little returns.
Then, recently, I learned about social platform based cryptocurrencies such as Steem, Hive & Blurt. I further researched about it and found that Hive is the one, yes Hive is the one which I will be investing on. I learned about the history of Steem and Steemit that the main reason of Steem not going ahead was the misuse of the platform for personal income and that the main perpetrators were the auto voting bid bots which took Steem or Steem backed dollars (SBD) and in turn vote any good or bad contents irrespective of the quality of the blogs. I also learned about the hard fork of the Steem and Hive due to the same reason that there was no proper regulations to stop voting bad and plagiarized content. I got to know that Hive has good regulatory bodies who monitor unlawful and plagiarized content and make a strong wall between the good and bad contents. So, I decided to go for Hive.
Image Source: cryptologos.cc
To me, Hive has many benefits over the other social platform digital currencies and that is the reason I, wisely, chose it. Here are top highlighted benefits of the Hive platform in my opinion.
- Fair on the bloggers and equally giving opportunity to everyone for a good source of income using the platform.
- Efficient reward system (Bloggers and Curators both having 50% share of the income generated from a post. Bloggers receive reward of making posts and Curators those of choosing the right content to vote).
- Removal of auto voting bid bots from the platform.
- Good control mechanism to kick out the plagiarized users and their contents.
A part from other advantages, Hive has two very good community based platforms which have their own web and mobile applications.
Image Source: Ecency Facebook page
Ecency:
Gives you points from your different activities using its web or mobile application and in return those points can be used to boost your best chosen original content of your own choice. It also gives daily additional points if investors of Hive delegate Hive Power to Ecency.
Image Source: leofinance.io
Leofinance:
A finance based blogging platform which promotes all those original contents which are written on Finances (Stock, Cryptocurrency, Businesses, etc). It also provides Leo coins and Leo power to upvoted contents just as Hive and Hive Power.
So I started using the Hive platform just a week ago and is already enjoying it a lot. I have also plans to invest some part of my capital in Hive and support the community as well as take the advantage of passive and continuous income generated through posts, delegations and curations.
Thanks and Best of Luck!
