Growing My Crypto Garden
There's something about starting from scratch that helps to build character and fortitude over time. I'm sure many of you know exactly what it's like, and have done so yourself many times. I've had this happen to me this year and its a testament to the power of Hive to change lives.
Tending My Crypto Garden
All of the resources (no matter how small) are appreciated and put to immediate use every single day. Earned tokens are split in a way that optimizes growth over time. A portion is powered up, and the rest is accumulated in other areas to achieve a compounding effect.
I like liquidity pools as they're a win-win situation for all involved. I want my tokens to generate other tokens, and slowly build into a "crypto snowball" that will build over the long run.
Income tokens such as DHEDGE, SIM, LBI, CTP, PIZZA and BRO, combine to produce either more of themselves, or other income tokens. This virtuous cycle replenishes itself on a daily or weekly basis, while also supporting the price of the base token itself.
While not financial advice, I see this as a good way for my account to seed a crypto garden. I keep a short, mid-term, and long term view when it comes to cryptocurrency. Having a multi-faceted viewpoint helps in smoothing out the varied levels of support given to posts, which can be of an unknown quantity from day to day.
For smaller (but growing) accounts, advance planning such as this, is an important factor for growth and will benefit those willing to put the work in. Writing new posts and engaging with the community on a regular basis, helps to build the platform and improve our blogging skills.
Doing My Part To Help Grow Hive
I'm always trying to ensure that I'm an asset to Hive and LeoFinance, and continue to push myself to become a better blogger and community member.
Creating even more high-effort, long-form content that will benefit the platform and help bring in new tribe members. Increasing engagement, and fine-tuning my writing so that the world sees the best side of Hive when finding our posts in search and legacy social media.
I want them to find what they're looking for right here on Hive.
So there you have it. A little snapshot of where I am, and where I hope to be going. The point is to allocate scarce resources wisely, and continue to build over time. The path on that journey begins with taking that first step on Hive. Join Us
Please check out my recent posts:
Image Credit: [1] @EverNoticeThat Created using Canva
I do believe that compounding is such a brilliant aspect of finance that not many people will ever be lucky to be exposed to. The hive blockchain provides this on a platter and just holding the right assets puts you in a comfortable place to compound. We're fortunate to know the compounding aspect of Crypto.
I wish more people would take advantage of it, as it has the same power as a snowball rolling downhill. I just added some more tokens today, and over time, they will supplement the earnings generated on days when the posts receive lower support. There are some people I know here who've stopped posting completely, and all of their tokens come from dividend-generating sources.
Posted Using LeoFinance Beta