It’s something so clear about the fact that many people make a living from working remotely. Some get their jobs online by working for clients and some also get to be their boss by earning actively and passively online. Most times this is related to those into blogging, tech, crypto traders, graphic designers, and a lot more.
So making a living out of what one counts as a job is something really important as we are humans and we have a lot to settle, a lot of bills and responsibilities. So there is no way we can just go about not having to take from what we earn.
Image from Pixabay
Hive as a case study
I am taking Hive for example. I have seen a lot of people make posts about their achievements online, and even from this campaign, I saw a lot of people make good testimonies about what they were able to achieve from their stay in the hive. So that is somehow a cool thing to me. But the question here is how are we going to do it in a way not affect the health of the blockchain?
I remember some time ago when I was on some other platform, there were these scammers that began to invade the platform. They never came for something really important than to suck away the money they realize people are making from the platform. All they did was create an upvote ring, start making spammy content on the platform, and give each other support. For every reward they get, they withdraw it immediately and dump it in the market en masse.
In no time when the battle with these spammers became so heavy. There was no choice but to close down the platform because the token never got a reasonable value and use case anymore.
So for Hive not to be that way. I think there should be some kind of way in which taking our funds for expenses will never affect the well-being of the platform and that’s one feature I love about Hive.
Some strategic ways to take profits and keep the platform in a good place.
Provide Quality content: people want to read what is of good quality and then with this quality, not just quantity, you will get the attention you need and also get rewarded for your quality time spent on the platform. This way you have given back to the platform and nothing bad to harvest from it.
Keep your stake*: I love the feature of Hive using the Hive power system. It splits your rewards into half and then keeps some as hp and that will be automatically staked for you.
Even if you want to withdraw that will be over a time range of 13 weeks. In which you can never dump the market that way. So taking your profit should just be in ways that you can keep your stake intact and then trade your liquid rewards. I see it as a form of saving for the future.
Get rewarded from other second-layer tokens: You don't have to focus your profit-making on hive tokens alone. There are other tokens on the hive engine where you can earn them and stake also. The more you stake the more the return you get. And these tokens could also be traded in the market too. This will not make you fully reliable and dependent on the first layer token which is Hive.
In conclusion,
Hive is like a home to some and a workplace to some, it is like a bank to some and like an atm to some others. So we are all here on hive for a reason. But we should also be considerate of our home not to collapse by doing what’s right.
Header Image is screenshot from the X app