Powered up 100 Hive today | My monthly Hive stats and earnings report

I do this on the first of every month. I analyze my account and share the stats with everyone. Along with that I also participate in Hive Power Up day by doing a small power-up on my account. I used to do big power-ups earlier but ever since the bull run, I started diversifying my investments but I still do a lot of powering up already.

Every month the first date is called Hive Power Up day (HPUD). There is a small history for calling this day a Hive Power up day. People who are Hive enthusiasts and have great hopes on Hive, use this data to power up some Hive and get a badge for the same. I have been participating in this for a long time. Even though my power-up value every month differs, I have been consistent in powering up the liquid funds I earn through blogging on this platform.

Compared to last month, this month the price of Hive saw a great decline. Not just Hive but the price of many other altcoins suffered in the last month. It was indeed not a great time for the crypto traders. However, I would say that it was a great opportunity for the new investors. Whenever there is a red market, it is always a good opportunity for long-term traders and investors. That's what I always feel. I was also able to onboard some of my friends during this red market recently.

I was able to power up 100 Hive today to participate in HPUD and this brings my Hive power to 22,500 HP. I'm glad that the account worth is still close to 10k USD. Last month the total account worth was over 14k which was even more attractive. As the price of Hive improves, I think we will be able to reap great profits from here.

Compared to last month my ranking has also improved again. Last month it was 622 and this month I'm in 567 which is close to entering the top 500 Stakeholders on Hive. I'm already very happy and glad about it. I wish there are enough opportunities to increase the stake even further. The lesser it becomes there will be tough competition and it can take a lot of time to increase the ranking but it is always fun to grow up the ladder.

I did a small attempt to calculate my tribe earnings as well but I couldn't come up with a neat and easy solution yet. This month again, I was able to cover only these three tribe earnings along with Hive's total earnings for the month. In total, I have earned about 317 USD. It is a good income but I think this has to improve a lot in the future if I'm going to rely completely on this as a good passive source of income.

Overall I can see that the Hive earnings have dropped because of the market situation there. I still consider that in the long run we are doing very good and when the token price is cheaper, we get a chance to accumulate lots of tokens in hand. Good thing is that I'm powering up all the tokens I earn which can be really useful in the future.

Posted Using LeoFinance ^Beta