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Starting tips to maximize your earnings potential on the Hive blockchain

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@behiver
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Investing can be a powerful means of building wealth and securing your financial future and there is no better place than the Hive blockchain to accomplish that. However, investing or trying to earn from zero without the proper knowledge and habits can lead to missed opportunities and abandoning your goals even before the journey started. By setting clear investment and growth goals and staying disciplined, you can make smart decisions that will help you achieve your ultimate financial goals.

Start early: One of the most important habits is to start getting involved in existing and new projects from Hive early. The earlier you start, the more time your assets have to grow through staking, curating DeFi, or other mechanics. It's never too early or late to start, so make a plan and start your crypto journey today. And what can be simpler than starting without investing a dime and just earning through content creation and even curation?

Diversify your portfolio: Another important habit is to diversify your portfolio of assets on the Hive blockchain including also second-layer tokens. Don't put all your eggs in one basket, as they say. Instead, spread your assets participation across different projects besides Hive and HBD. Start with established projects like Splinterlands (SPS) or Leo Finance (LEO) that provide steady earnings and extend from there.

Produce content and earnings regularly: Cyclicity and persistence are other positive habits. Consider setting up recurring investments or contributing to your assets on a regular basis. This can help you build your assets and ensure their growth gradually over time. By doing DCA you can strengthen your positions regularly, while continuously producing content at specific timeframes will ensure an active followers base and rewards from the daily pool.

Stay informed: Keeping yourself informed about your assets projects is also essential. Make it a habit to read updates regularly as new opportunities might come to light. Stay updated on the latest market trends and developments to make informed decisions about your assets, as there are good times for buying, but also for selling. Think also to take profits and not only go fully blind staking as there will be times when the value will diminish drastically upon bear market conditions and you could be destroyed mentally in those periods.

Stay disciplined: Finally, staying disciplined with your routines and actions is essential. Avoid making impulsive decisions based on emotions or short-term fluctuations or FOMO. Stick to your plan and goals, and don't let fear or greed guide your decisions. Invest in what you believe in and never forget to take profits when feeling comfortable enough. Never forget that what goes up, must come down, that's the rule of gravity :).

We all learn from mistakes but is way better to follow some tips and guidelines to avoid them and simply maximize the earnings on the Hive blockchain. Don't try to trick the system, and don't take shortcuts as these can only hurt you in the long run. Come with a plan, with a new idea or approach to things and projects from here and you can simply forge a sustainable path in this ecosystem. And with that also the appreciation from other communities and users will come, which will organically help you grow.

Posted Using LeoFinance Beta