Why My Rewards Are Diminishing In This Bear Market?

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We are in a bear market. Still unaware of the fact if there is going to be another bottom or not. New creators on Hive must be wondering why their rewards are diminishing. In a bear market, when the Hive price goes down, your rewards go down. That's how it works.

At the same time, blockchain starts printing more Hive. And that's the leverage we have over others who are not using Hive or any other Web3 social media platform.

This is an opportunity to create a massive stake for yourself during bear markets.

Upvote Value

Users having a single upvote value in hundreds of dollars are now giving out upvotes for only $30-40 at 100% vote value. Since Hive went from a little over 50 cents to 30 cents, your rewards must have been reduced by 40% approximately. That's how the algorithm works. Vote value is dependent on the market price of Hive.

Number of Upvotes

Since the activity is low due to bear, many users go away and might come back when there is another bull. So your tiny upvotes must have been gone. Even some of your peers have stopped posting. As a new user, you were already getting pennies but now those pennies turned into "next to nothing"

It's disheartening and demotivating. I have been there! But let me tell you some secrets:

  • Bear markets are for building. Bull markets are for Netflix & chilling
  • Rewards pool is limited. Competition is low.

What To Do Now?

Since we are in a bear market and you have decided to build your personal brand, there is a two-step solution to make it work for you and build a massive stake before the next bull:

Two-step solution:

  1. Post more
  2. Comment more

Do this daily for the next 5-6 months and see your rewards growing as you make more connections. If the next bull is 3 years away, you have a lot of time to build a massive stake.

For more juicy tips on how to survive on Hive as a creator, follow me. :))

Follow: https://leofinance.io/@finguru

Twitter: https://twitter.com/finguru6

Discord: finguru#4062

Not financial advice. For infotainment purposes only.

hive-153850 hive rewards upvotes ctp leofinance proofofbrain vyb cent neoxian
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22 comments
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It's how it works. Upvote value is the most important factor, because hive's value determines upvote value.

Another good post for newbies.

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Thank you so much bro. It means a lot coming from you!!! Since you are the OG of this game. 🔥🔥

Posted Using LeoFinance Beta

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Can you explain what you mean by more Hive is printed in this period?

!PIZZA

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In a bull market, A $20 payout = 20 Hive (1 HIVE = $1)
In a bear market, A $20 payout = 67 Hive approx. (1 HIVE = 30c)

You earn more Hive during the bear market.

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At the same time, blockchain starts printing more Hive.

I was referring to the above.

Is there a difference in the number of Hive printed per block?

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Yes, HBD is printed less. HIVE is printed more.

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This is very important post. It is really helpful at least I have more knowledge about what is happening when the price of hive drop

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Glad you could learn something new bro. All the best!! Just keep showing up everyday to learn more and earn more.

Posted Using LeoFinance Beta

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Even some of your peers have stopped posting. As a new user, you were already getting pennies but now those pennies turned into "next to nothing

This is true but this is good time to build and post regularly. We get more hive when the price is low and 1 hive is always 1 hive. So at huve forget the price and build.. nice post my friend

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Ideally we should publish more long form posts, but LeoThreads is changing that for many people. Even short form content such as images can help one during the building process which we need in a bear market.

Posted Using LeoFinance Beta

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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I always learn something new when reading your posts :). This topic was on the back of my mind but I couldn't process or make sense of it. Now I know the reason why. Time to double up on the building part.

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Positive note: Licenses 50% of haha!

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It's time to build while we are in the bear market. As long as you pass the dust threshold, I think it doesn't matter so long as you use up your voting power.

Posted Using LeoFinance Beta

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I use dustsweeper to help out my followers that no longer reach the payout threshold. That way, if they vote, dustsweeper will add to the vote when the payout on comments is less than $0.02. I think it helps us both and it keeps newbies and low HP people engaged.

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