Hive Is Not A Platform For Quick Money, But It's A Safe Haven #Newbies Guide#
I love the hive ecosystem's concept; yet, this is not a platform where you can jump in with the expectation of generating a ton of money in a couple of weeks.
If you join the hive ecosystem, even if you are the best writer in the world, you must follow some procedures before you can start making money.
What Are The Steps A Newbie Needs To take?
First and foremost, you need guidance on the rules and regulations of the hive ecosystem as well as the importance of joining various communities.
Unlike other blogging services, where you may eventually comprehend the platform in one day. Hive is more complicated to use. You will keep gaining knowledge every day.
Even if you are a rich newbie, the hive ecosystem does not enable you to buy your way to the top. To gain followers organically, you must engage with other authors.
Engagement is crucial in this platform since it will naturally grow your followers.
This is not a web 2.0 platform where many people buy followers or run giveaways to attract a large number of followers.
Make sure your engagement is of top quality.
What does the term "quality engagement" mean? This is making meaningful contributions to other authors' publications.
Some people enjoy engaging in less meaningful methods such as typing: Nice one, I love this, wow, this is good ' etc. Short words are not quality engagement. This might not attract other authors to visit your blog.
Here, visibility is crucial, so you should join some relevant communities to increase it. You might be a good writer, but if you only post on your blog, few people will read what you have to say. Nonetheless, your visibility will be high if you share your content in a supportive community.
Also, you must abide by the community rules; failing to do so will result in your account being muted.
Also
Also, if you want to become more visible in the ecosystem, you should enter writing competitions hosted by several lovely communities, such as The Ink Well, Leo Finance, Weekend Experience, minimalist, etc.
Create well-written, creative posts that will be attractive to readers.
By regularly doing this, people will take note of you, and you'll eventually gain more followers.
What Makes Hive A Safe Haven
You may sign up for the Hive platform right now and start earning money. I once saw an introduction post where the newbie made $100 before the seven-day cash-out.
There is no other blogging site where a beginner can make this much money
My friend, who is in the elite category on iWriter, began there as a standard writer and it took him some time before he started making money.
They are paid based on their status there.
On medium blogging site, you can't earn money right away. Before you can apply to the Medium Partnership Program, you must have at least 100 followers. You start making money at this point.
The difference between hive ideology and competition is that you can start making money as soon as your content receives upvotes.
Another strong aspect of the Hive Ecosystem is the 7-day threshold-free cashout period.
Unlike several blogging websites that used to have a minimum cash-out amount. There is nothing like that in hive ecosystem.
Your payment will be made in HBD ( Hive Backed Dollars), a stablecoin approximately equivalent to one dollar. This is such a beautiful feature that is missing from other platforms.
Because of this, I think hive is a safe haven.
Your content is rewarded with stablecoins that are unaffected by fluctuations in the price of cryptocurrencies.
You can as well save your money in HBD savings, which will yield 20% APR. You can trade your HBD to hive, then sell on exchangers' websites.
I love the idea behind the hive payout: 50% for the curators, 25% invested in your Hive Power, and the remaining 25% paid in HDB.
The more your hive power, the greater your curator award and the greater your influence on the ecosystem.
The idea of having some part of the payout in Hive power is so interesting and I love it. This allows curators to have some money saved for future purposes.
Also, you can stake your hive anytime to increase your Hive power or you always participate in the monthly power-up.
This allows creators to have some investment plans for the future. I have written some strategies that will help me to increase my hive power for future use.
In conclusion, we should all be thankful that we are a part of this amazing platform that aims to improve the financial situation of everyone in the ecosystem.
Newbies should keep in mind that the secret to success in the hive ecosystem is patience, persistence, and hard work. There is no magic here
Thank You All For Reading
Wow! This us an awesome write up and not far from the truth, all newbies should see this, as it us more or less the way in which they can keep calm and improve themselves on hive, hive is a safe haven but there is continuous learning and procedures that needs to be followed to gain your ground here.
Thanks for sharing.
I think if newbies just focus on visibility, engagement and consistency, they will be successful in this platform.
One mistake those that give up it's about the intention of making huge money within a short period.
Meanwhile, hive will humble you, it takes time to enjoy the community. But hive renders a lot of advantages that you can't find on other platforms.
Thank you for stopping by dear sister, you are amazing!!
Hive is truly a great platform. I that's what I tell people, don't think hive is a place for quick money.
Thank for sharing this, I think I will be sharing on my WhatsApp status .
Thank you for stopping by my boss lady , and I appreciate for your effort by guiding me through some important steps here.
Once you take off your mind about the monetary aspect initially , then other things will flow easily and you will be able to gain ground in this ecosystem.
Patience is paramount here, your comment is appreciated.
Thank you for sharing
It was really helpful
You are welcome bro, I appreciate your comment
Great Post! I think the magic is in the hard work that people try to run away from. The Hive payout mechanism is fascinating to me. Everyone is rewarded for their contribution.
You are right, some cannot put in the effort required. That's why they left.
Thank you for the great comment, you are amazing!!!
Indeed. They probably couldn't handle the intensity.
You're very welcome :)
This is quite an informative post. Hive is a safe haven but not a place where you post and expect to get money immediately. You have to work your way there and that is through engagement and constant showing up. This is why Hive is better than other blogging platform like Medium and others.
You are very right dear, hive will stand the test of time. Hive will still be here, while other platforms fold up.
Thank you for stopping by dear, you are amazing!!
Yay! 🤗
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Thank you for sharing this. All the points you listed here are very helpful and i believe it will improve the quality of my work here.
I wish you all the best, and I believe if you are consistent and you join a supportive community, you will enjoy this great community.
Thank you for stopping by, you are amazing!!
I've been following up with engagements and contests, for 3months now, that was when I started getting some level of visibility on my blog.
So I agree 100% with what you have said, I only wish I knew all these early
I'm excited you are now having more visibility In your blog. It's not too late bro, we learn every day.
Now you will be better than before and there is room for improvement daily. We are still learning in this ecosystem.
I wish you all the best and don't forget to join supportive communities and also remember that consistency is the key.
Thank you for stopping by, you are amazing
I completely agree with your POV. I remember I worked hard on hive and made 56 reputation and then I lost my keys and again started from zero. I worked again the same way as before I did. I worked more harder than before to prove my content. I can feel your words thoroughly. Thank you for making such an amazing post for newbies :)
Oh, I'm sorry about the loss of your key. The former account would have broadened by now.
But I love your courage to start all over again, and I'm sure you will make some way with your hard work.
Thank you for the kind words, you are amazing.