Positivity Everywhere
I think today highlights the possibilities of what could be for many accounts on Hive with the positive price movements. Hive being at $0.20 and Leo at $0.70 it has really boosted our wallet values and virtually every other tribe token as well. There is so much positivity around it is electric and makes everything that much more fun.
I was never one to be involved with multiple tribes and thought specialising was the way to go and that has turned out to be a mistake on my part. Lately I have diversified as I have seen the light considering what Leo was doing. I was never that active there and maybe did one or two posts every other week as I don't like to tag on things I am not involved in and saw it as more of user etiquette. I still think like that as it is just how I feel and can't change who I am.
There is a massive opportunity right now for wealth growth just by investing in all the various projects associated on the second layer within the tribes. The idea of having stake in many tribes and earning curation is where the value is growing little by little each day.
When Hive reached the highs of nearly $1 a year ago I had an account value of nearly $23 000 and today that is now at around $9000 but the difference is by adding to the stake when that happens again it will be over $50 000 which clearly shows why thinking long term is the way to think. All of these projects are in their early phases and who knows what they will be worth in the future years that lie ahead.
The Leodex tool called the vote weight multiplier can not be underestimated and after what I have seen and experienced over the last month I wish I had known about it much sooner. Just by playing around with it I have increased my Leo curation from 0.6 per week to 3.75 and even with constant staking there is no way that would have been achieved without using the vote multiplier. I am already halfway to my initial goal of giving out 1 Leo per day through voting.
By using the Leodex vote multiplier this can be replicated on any tribe even if you are not involved just by staking. This is like a passive investment that just grows automatically over time adding little bits each day. I think this has to add to the user experience as who doesn't like staking and being worth more every day.
Having as many faucets leading to your account as possible as this seems to be the time of plenty and don't think it can last forever as this will slow down as the number of new users rise. We are all still learning and having been on here for 3 years that is still the case with myself. I don't think you can make any wrong decisions as they all seem to be good it is just some are more successful than others right now. I bought Hustlers in error a while back thinking that was the CTP token and just left it and even that is doing well.
Many people have spoken about prices of the various tokens and I think that should not be the main factor as once mass adoption happens virtually everything will be in demand and prices will rise across the board. This is where the new money and wealth will be created which is exciting to be a part of. Who would have thought 1 year ago we would be sitting where we are now happy and content even though the Hive price is below the other block chain. We have serious dapps that are going to perform whilst others don't have what we have and that is the difference.
Posted Using LeoFinance Beta
