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As a sucker for passive income, check out my thoughts

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@mistakili
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Well what would I do with a million Hive! With such power comes enough responsibility, such amount of Hive is definitely going to put me in the position to do many things Iā€™ll actually have loved to do but canā€™t with my little Hive power. So first and foremost Iā€™m going to power it up. Yup thereā€™s no point selling any bit of it when I could sell comfortably what I earn from curation.

Powering up 1 million Hive and curating consistently with it will set me up for passive income for life! Iā€™m a sucker for passive income.

Since I started to grasp this whole crypto thing, one thing thatā€™s become an habit for me is finding sustainable ways of making my money make money for me, preferably while I sleep! Moreover if Iā€™m going to be doing the passive income thing for a relatively long time, then it will be best I contribute towards also making the Hive stay valuable. Thereā€™s no point having 1million Hive when itā€™s not worth anything.

So to do that, Iā€™ll be concentrating a lot of effort in onboarding communities both online and offline. And by communities I mean everywhere I find myself, not just in Nigeria. Iā€™m Nigerian by nationality, but I prefer to see myself as a global citizen. I will like to travel a lot, especially to crypto friendly countries and wherever I find myself Iā€™ll infiltrate their crypto communities(in a good way) and show them the hive way.

The curation rewards made will be split in 2. One part will be used to build a stash of stable coins, the other part will be used to incentivize onboarding exercises. The stable stash will be used to fund my life, travels and other minimal investments, while the other part will be used incentivize regular onboarding initiatives like contests and giveaways both off and online.

If Iā€™m able to successfully onboard 50 people each everywhere I find myself over the months or years even, Iā€™ll consider it a good success. Iā€™ll also have to set aside some amount of power for delegations for curators.

Wielding 1million Hive is something that could be so impactful on a global scale, not just to me. In todayā€™s price 1million Hive is worth about $780k. If I get $100k cash in this moment, Iā€™ll mostly be set for life with the things Iā€™ll do with it, not to talk of having almost 8 times more. I donā€™t like getting excited for nothing, this writing exercise has just put so many ideas in my head.

Thanks for reading.