RE: Keeping It Simple
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Thanks for the quick response. During the 1+ year I've been here I went the tribal route, ultimately staking most of my LEO earnings.
For a while I was spread thin throughout Layer 2. A few months ago I decided to clear out my Hive Engine wallet to focus on LEO as well as a few dividend-earning tokens plus positions in diesel pools. Any LP Rewards I receive are used to grow my positions in diesel pools so that the passive HIVE can grow.
At the moment the HIVE earnings are small, but the overall approach is yielding HIVE for me on a daily basis. Over time it will reach a point where mathematics will do its thing and I earn HIVE as passive income apart from posting, commenting, and engaging with others.
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I understand that approach but did things differently as Hive was the priority and only later got involved with investing in tribal tokens. There is no right and wrong with this but it all depends on where you see your growth. My Leodex tokens equates to around 10% of my Hive value. I still think the focus for a new account is to get Hive stake behind their name first and then branch out as the growth would be faster. Hive will become harder to earn once price starts to rise.
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What you say is true. I ended up where I am simply because I aped my way through Hive Social during the year-plus I've been here.
Had I known at the beginning things I know today, I would have approached Hive much differently from the start.
Lack of focus for many months also did not help matters, but that's no longer a concern. These days, whatever I do regarding earnings goes to support the goals I have and so I make adjustments as needed.
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