Hello all, welcome to my blog today am here to blog about my idea and plan to grow my hive account. Here we are mentioning the term growth indicates our solid assent Hive power not an liquid asset. I have been through many situations in life and completely accept the fact that liquid funds helps on unnecessary things and hive power helps me in possible ways to understand the value of money.

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Advantage of increasing hive power :-

Higher influence in the community:-

In each community, active users participate when curators have enough power to reward content creators. This situation highlights the importance of having high voting value, which is determined by having a high hive power. Lately, I have been engaging in discussions on leofinance and realized that I have limited resource credits (RC) to make new comments. Engaging in more activities on the Hive blockchain requires having higher hive power, which is obtained by staking hive. This helps prevent sudden fluctuations in the hive market values.

Engagement:-

By commenting on the posts of others, we can attract more followers and grab their attention towards our own posts. It's similar to receiving free promotion for our account. Additionally, when we have a higher hive power to reward the comments we receive, we greatly increase the likelihood of receiving more comments and engagement than we initially anticipated.

Curation rewards:-

The idea of rewarding not just the authors but also the readers was indeed a brilliant concept. I used to allocate my rewards with a ratio of 25% for curation and 75% for author rewards. However, the reward system has changed, and now it's set at 50% for both curation and author rewards. This means curators receive double the rewards they used to get.

To strengthen our account, all we need to do is acquire Hive at an affordable price and stake it. By staking, we increase our Hive power and establish a stronger presence on the platform. I have been trying to do this, but currently, I am facing some financial constraints in the real world that limit my ability to invest in Hive.

SMT tokens:-

I have heard the name smart market tokens often when Ned was a CEO. I hope the token which i am seeing in the hive engine are those, comment me if i am wrong. Currently, there are various SMT tokens being distributed to users who delegate their staked power to specific projects and provide support. These tokens serve as rewards. However, it's important to exercise wisdom when selecting the projects to delegate to because the value of your portfolio can increase significantly if the project proves to be worthwhile. Being discerning in your choices can lead to valuable returns.

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Account growth tip :-

100% Power ups :-

When our account is in the early stages of growth, it is crucial to increase our activities to reach a larger audience and attract substantial upvotes. To facilitate this process, it is advisable to prioritize accumulating more hive power, which grants us access to additional comment sections. One suggestion is to set the payout option to 100% power up until we reach a hive power of 1000 HP. However, please note that these numbers are subjective and depend on individual preferences and goals. The important aspect is to focus on gradually increasing hive power to enhance our engagement and influence within the community. 😁.

Growth from external source:-

As a salaried person, it's important to consider effective financial management. It's great that you've recognized the need for investment and have set a goal to invest at least $25 per month. This mindset can contribute to the organic growth of your account. By consistently allocating a portion of your salary towards investments, you are taking a proactive step towards managing and growing your account over time. It demonstrates a commitment to long-term financial planning and can lead to positive outcomes in the future.

Contest participation:-

As newcomers to the community, receiving support for our blog can be challenging. However, there are strategies to increase the likelihood of receiving support from prominent accounts. One effective approach is to create content based on contests. By participating in contests organized by influential individuals or accounts, we not only have the opportunity to win prizes but also attract attention from bigger stakeholders.

When participating in contests, it's essential to carefully follow the rules and guidelines set by the organizers. While winning the prizes may not always be guaranteed, the mere act of participating can draw the attention of significant stakeholders within the community, including whales.

By creating contest-related content and actively engaging in these competitions, we increase our chances of gaining visibility and support. The contest organizers may reward our blog or even offer Hive tokens as prizes for winners. Even if we don't win, the exposure and recognition gained from participating can open doors to future opportunities and interactions with influential community members.

Consistent content:-

To ensure your blog receives the right audience, it's important to publish it in a community that suits its topic. Similar to how you choose a specific department in college based on your field of study, joining a relevant community allows you to connect with people who share similar interests. This increases engagement and support for your content. If you prefer creating video blogs, platforms like ThreeSpeak can help. By publishing your videos there, they will automatically be shared on the Hive platform, reaching a wider audience. It's also beneficial to stay consistent with the type of content you create, focusing on a specific theme or subject matter.

Formatting:-

"Face is the index of our mind" - as per this proverb we must need to format the each and every letters in appropriate manner. You can find the details about formatting in this blog - My Personal Choice of Formatting Techniques

Use Ecency:-

Ecency is a secondary application of the Hive blockchain, created by @good-karma. It allows us to conveniently access detailed content on the Hive platform. Users can log in to the Ecency website or application using their posting key or private active key. This grants them the ability to comment and publish posts. One advantage of using Ecency is that it rewards users with Ecency points for their activities within the application. These points can be used to boost our blogs, utilizing the points we earned through various actions on Ecency. By receiving upvotes, actively commenting, and engaging with other users, we can improve our reputation level.

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Posted Using LeoFinance Alpha