Why you should write posts when Hive prices go down

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I've been on this blockchain for around 2 years. One recurrent thing that I noticed is that each time Hive prices go down, a lot of people stop writing posts.

The price of Hive can be a very important factor for people to decide to write posts or not. It's true that you will get less for your hive, if the price of hive is down. However you should always look at it from a global perspective...

When hive prices go down, people write less posts

I've tried to superpose a stat of the number of posts written per week published by @penguinpablo with the Hive prices that I got from Coingecko. (see video)

When I look at this, it's undeniable that there is a correlation between the price of hive and the number of posts written. The lower hive prices, the less posts will be written.

Write posts when hive prices go down!

The most important factor that defines how much you can earn from a post is the upvotes that you get. No matter how high the hive price is, if you don't get upvotes, you won't get any value to your post.
What we have to understand is that the price of hive has no impact on the number of upvotes given on the blockchain. So when prices are low, we have the same amount of upvotes but less posts to vote on.

Whales and curation trails need good posts to upvote

When you power up your hive, they are blocked for at least 13 weeks. This signifies that people with a lot of hive power can't react to price swings. They are in for the long term and they need to get the best possible curation rewards from their investments.

Whatever the situation, whales and curation trails need posts to vote on to get a good return on their investment.

As we saw before, when hive prices are going down, people tend to write less posts. This means that whales have fewer possibilities to cast their votes. If you write quality content, then chances to be upvoted by whales or curation trails is much higher when hive prices are low!

Only posts above 0.02$ reach a payout

When a post doesn't reach 0.02$ after 7 days, there will be no payout. We don't realise it, but there are quite a lot of such posts that don't reach this threshold. When hive prices go down, this threshold goes up! Meaning, you will need more small upvotes to reach 0.02$. The result is that even more posts don't reach payout after 7 days and the number of posts that whales and curation trails can vote on is even smaller.

The conclusion of all this is that your chances to be upvoted by whales and curation trails is going up when hive prices go down. Potentially you can earn much more with your activity even if hive is worth less USD.




Let's connect on Hive, Lbry or on Publish0x

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▶️ 3Speak



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26 comments
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Your current Rank (60) in the battle Arena of Holybread has granted you an Upvote of 84%

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That all makes complete sense. I hope lots of people read and understand this. Great post.

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Thanks a lot for your comment and for sharing the post on twitter! I appreciate a lot :-)

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(Edited)

The problem is also in the fact that a lot of people look at the USD value of their post rewards... And seeing that number dropping down, they get demotivated... They forgot that that is the SAME number in HIVE coins (or more as you said in the video and because of less content)!

I understand that people like to see that $ sign, but I think that it would be better in the long-term to have rewards priced in Hive coins...

And agree 100% what you said... fewer posts, less competitive post, more rewards... So, when the price goes down, push even more... it's the same as with investing... when everyone sells, you buy.... when everyone buys, then sell :)



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They forgot that that is the SAME number in HIVE coins

I forgot to point this out. You are totally right. It's really a good idea to push when prices go down because curators have to look for new posts and if you manage to get on their radar in such circumstances, then chances are big that you will remain there even when prices go up again!

Thanks a lot for your great comment and the amazing moderation of the hivechat today!!!

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Just me with another lame comment

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Better a lame comment than no comment at all ... lol

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Rewards pool value in Hive is fixed so when less people write, you will get more Hive per post though $ value still look less.

Only posts above 0.02$ reach a payout

Sometimes a good and new authors also struggle especially when someone join Hive by reading some random blog post and afterwards fully lost or unable to seek and get help in Hive.

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It's true that when people start out on the blockchain with no connections, it's quite difficult to get some upvotes. This can be discouraging for newbies.

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(Edited)

That's something I tell others again and again - post when the price goes down. Even if you desperately need the money from the posts, less money is better than no money :) And if you don't have to cash out immediately, keep your eyes at the Hive you get as rewards. I think the frontends should only show the rewards of a post in Hive.

Another point: posting when there ar less posts than normal will raise your visibility - even if you don't get more rewards now, your posts will get more views and your name will become known to others :)

I nearly forgot: Dustsweeper helps if the rewards of a post/comment is too low :)

And: If you want to vote for a comment but your vote isn't high enough to push the rewards above the "dust margin", don't vote! At least not the comment - a click on the author brings you to their profile page and you can leave a vote at their last post.

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And: If you want to vote for a comment but your vote isn't high enough to push the rewards above the "dust margin", don't vote! At least not the comment - a click on the author brings you to their profile page and you can leave a vote at their last post.

That's an interesting approach. It's true that with this dust margin it's difficult to reward comments. I found a way using hive-engine tokens. I created a specialised account for CTP and LEO tokens. According to the content of my post, I use these tags and then I upvote comments with these specialised accounts. Since the dust margin with HE tokens is almost inexistant, I can give quite valuable upvotes to people who comment on my posts.

Thanks a lot for stopping by and for your comment!

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Very good article friend, you are absolutely right if there are less publications we have more options to be voted, I think it is a good time to grow on the platform, because if the currency rises quickly will reverse the situation.

Thanks for sharing your point of view 👍

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It's always good to keep in mind that we earn hive and not $ with our posts. The post just shows $ but in the end we earn the same amount of hive and as you said, we can wait to sell when prices go up again.

Thanks a lot for your comment!

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When the HIVE price is down, your upvote value shows less. It seems you are getting less. Actually, you are getting HIVE tokens when the price decreases. This is an opportunity to get more rewards.

Thank you @achim03 for sharing this. Hope we will see more awesome posts from you during this time. ;)

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Thanks a lot for your comment my friend! You are totally right, we get hive as rewards and in a way the value of hive doesn't matter. So let's post when people don't...lol

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You have mentioned about a very important issue especially for the newcomers in this blockchain. Most of the the newcomers are being confused about this issue. They become frustrated when find the hive rate lowest and showing rewards at dollar very few at the bottom of the their posts. I think this video will be helpful for them.

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Thanks a lot for your feed-back. It's true that it can look confusing and frustrating for new people especially when they see the value of their posts going down from one day to another when the currency drops.

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Even I was confused a few days ago that why the return is decreasing day by day. Today I am watching a figure at the bottom of my post and tomorrow it is being changed. I thought that is there anybody cancelling his upvote or anybody is downvoting me?

Most of the newcomers has a lot of query about this issues.

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