How A Smaller Accounts Can Make An Impact Upon Hive

The power of the smaller accounts on Hive is truly underappreciated. When dealing with influence, it is easy to get overwhelmed by the raw numbers. The focus is always upon whales, major upvotes, and their behavior. However, there is another set of numbers that can equally be as powerful.

It is due to this that we can see shifts happen if people would understand and apply a few simple concepts. When concentrating on growth, situations can be changed in a stark manner. This is something we need to highlight.

Have you ever noticed that, when discussing financial matters such as APR, it is always expressed as a percentage? Why is that? How come we see people talking about the percentage that Warren Buffett and Bershire did last year instead of how much money it was?

This is a vital point to understand. We will delve into this in a bit.

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Varying HBD APRs

Let us conduct a thought experiment for a moment.

How much different would things look if we established varying APRs on the Hive Backed Dollar (HBD) based upon account size? Wouldn't that be an interesting way to make things "fair"? After all, those large accounts do not deserve to make that much money, or so the thinking goes.

Consider how this would look. If an account has over, say 250K HP, that would only earn 15% APR on HBD in Savings. Anything from the 50K-250K level could receive 20%. Now is where things gets interesting.

We could set the 10K-50K level at 30%. After that, 5K-10K gets 35%. Those with 1K to 5K might get 40%. And what the heck, let us give those with under 1K 50% APR.

Now, let us take this thinking one step further. What if we really boosted the lower levels?

How about a system where 500-1000 paid out an APR of 300% and anything under 500 was granted 500%?

Imagine if this system actually existed. How would it function? Certainly, something like this would change things over a period of time. After all, those with little can get outrageous returns as compared to the larger accounts.

Here is the most surprising part: this system already exists on Hive. Instead of focusing upon HBD, we need to look at Hive Power.

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380% Return

Would anyone like to get a 380% APR? How would that make you feel? It is reasonable that any of us would love to have this.

There is one who started monitoring her progress based upon the above-linked article. She noted what took place since February 1st of this year. As of yesterday, her account experienced a return of 380% in a quarter. On an annualized basis, that is over a 1,500% return.

Here is the progression @littlebee4 made:

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We have an account that had 265 HP at the start of February and it opens May with 1,275. That is some serious growth.

Over the last month, this is what we see:

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Can you imagine having an account that goes almost 5x in a quarter. That would be 20x growth for the year. Obviously, the next 9 months will be more difficult to experience a similar growth rate since the numbers are larger.

And that is the crux of the entire discussion.

Smaller accounts can gain a much higher APR as compared to their larger counterparts due to the raw numbers. It is near impossible for a 1 million HP account to have a 5x in a quarter without a lot of money entering. The idea of a 20x at that level is absurd for most.

Yet here we have a rather obscure account doing it.

Going back to the thought exercise, why do we not apply this same principle to HP as we were doing to HBD? Part of the answer might come from the fact that the achievement here was due to effort. It was the activity that caused the HP to increase. It is not a completely passive situation.

The second reason is simply that people are not thinking about things in these terms. With HBD we see the APR and go crazy when it was changed to 20%. Yet, when it comes to Hive Power, people look at it simple as raw numbers.

That is akin to us ignoring the 15% return Buffett made and instead, focusing upon the fact he made $15 billion or whatever. If someone else has a portfolio of $10,000 and earned 60%, that would crush Buffett. Using the raw numbers, however, would lead to a different conclusion. Buffett making $7K on his portfolio would be a total failure for the year.

Nevertheless, that is how we like to compare HP on Hive.

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The Power Of Smaller Accounts

The reality is smaller accounts can far outpace the large ones in ROI. As shown, a 5x can happen rather quickly. This account, if she continues over the next 9 months could see a 800%-1000% growth rate for the year. Would anyone complain about that?

We have another factor to consider. HP on Hive carries influence. Since it is the governance token as well as being used for the distribution of the reward pool, when a move like this is made, it gain a great deal more influence as compared to where it was before. This is another overlooked situation.

Here is where the power of numbers come in. Isolating a single account means very little in the overall picture. That said, what if there were 1,000 accounts that made this same move over the past 3 months? We would have 1K more Minnows as compared to the start of the process.

It is through this that we can see the collective change. Let us look at this account again to see where it might be in 3 months.

Since there was an increase in HP of 1,010 over that period, we will presume a similar added over the next 3 months. That would give the account 2,285 by August first. This from a start of 265 on February 1st.

For the quarter, it would be a 79% growth rate, far lower from the previous timeframe. Here we can see how it gets more difficult as the raw numbers grow. Nevertheless, that is still more than an 8x of the account. This is a very good return for 6 months.

If people would focus upon Hive Power and concentrate on the return one can get there, it is easy to see how the 20% payout on HBD can be dwarfed. The key is that the increase in HP can come most from activity. People are able to concentrate upon building both at the same time.

This is the power of smaller accounts. They can grow at a much faster pace than their larger counterparts. Where the question comes in is with numbers. If there were 10,000 accounts experiencing a quarterly growth rate of 50% or 60%, the change in just 24 months would be enormous.

What are your thought? What type of growth rate do you have on your Hive account? Are you ready to increase it and follow what @littlebee4 did?

Let us know in the comment section below.


If you found this article informative, please give an upvote and rehive.

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Whoever is directly controlling the V2K told me to kill myself.
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.


They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.

https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
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@littlebee4 contribution to the blockchain have been tremendous and I appreciate every of her effort in the blockchain which I believe many can learn from in keeping that dream going to achieve more success with determination, hardwork and consistency.

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Thank you so much @emeka4 I’m proud of what I achieved in 3 months. As I just joined Hive last December… so much to learn still. I just love engaging with others, share my travels, photography and art with the world. My thoughts and adventures.
Let’s continue to grow together! 💪🏻😁
For the entire community.

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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 104 of my contest just started...you can now check the winners of the previous week!
4

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Small accounts are essential because users are essential. We need more and more active users on Hive, playing their games or posting. We are a relatively small chain that needs to grow and become much more viral.

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I agree. We need 10K more small account immediately.

There was a challenge to get the Minnows over 10K. Sadly, that didnt succeed since there were a lot who powered down.

We need about 25K Minnows to really be seeing a difference.

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That would have helped a lot, couldn't it be re initiated?

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At least from my end I can bring in about 100 active users before the end of the year and I think if everyone puts efforts in preaching about hive, then we can achieve the 10k small accounts as you suggested.

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I have probably brought in something around those numbers as well, in the past. I think 2 or 3 of them are still active. The others gave up after one or two weeks. Things where different during those times though, but still..

As long as you educate them well, and they understand the importance of putting in effort, hard work and time, they'll reach some sort of success with time.

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Of course you're right, it takes greater patience and carefulness to keep such people on the blockchain. I'll do my part and I expect others to do their own part.

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I'll do my part and I expect others to do their own part.

That's very important but also something that many people seems to miss out entirely, unfortunately. They expect the world for nothing.. It's unfortunate, but it's the reality.

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They expect the world for nothing.. It's unfortunate, but it's the reality.

We're actually living the reality and there's nothing we can do about it except to continue to encourage the system.

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We need about 25K Minnows to really be seeing a difference.

We have tools and knowledge to bring people in. What I'm most curious about is if we actually have what it takes to keep them here.

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Hope we grow… a lot, and can add more active users.

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We will, with time. Time, consistency and hard work is key.

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Good… I’m confident in it…
Exactly, those are the KEYS!

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It sure is. Add a lot of engagement and some optimized content to the mix and we're off to something wonderful.

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I don’t have anything optimised yet. Still need to look into that and what is possible.
I still curate myself. But I like that as that is where I engage, meet new people, gather knowledge in other posts.

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No worries, most people aren't optimizing their content (yet). We're going at this thing from all sorts of angles and we're all needed. :)

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Ok, bit by bit education is waking up people (hopefully)

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It seems to have worked well in terms of engagement, so it might work when it comes to optimization as well. Khal is doing great things to bring more attention to it.

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Totally correct, from my point of view, small accounts make the largest part of hive. Therefore it is arguable that their the main part of the block chain. Developing them inevitably promotes hive.

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To an extent most small account holders are usually discouraged with probably less upvotes, but they don't know the power they carry on the hive blockchain.

I think what I and other small account holders need is to be patient and live a consistent lifestyle in the hive blockchain.

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True talk my friend, we truly need more active users in the blockchain, and small account holders can take the blockchain to its expected height.

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We are a relatively small chain that needs to grow and become much more viral.

With growth like this, I am sure more people would join. The sad part is that most of them would give up and leave if they didn't have that much success. We've seen it many times in the past.

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This is why we need more whales posting more about how awesome hive is on hive and using an exception instead of 'the rule' to promote the Hype of that one exception, while they mentioned in passing that focusing on one account "means very little in the big picture" after which he goes on speculating about this one exception, so try and say that he doesn't consider the bigger picture when he explicitly said so but did nothing of the sort.

HYPE

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I was looking at the APR to Hive power at 2.86% the other day and was curious on its growth rate but I ended putting the thought aside, I do however notice the rate at which my HP is growing and it is fascinating, my conclusion was because of the delegations, curations and author rewards.

It is interesting to see 380% growth in 4 months littlebee4 must be doing exceptionally well in putting in the effort for such growth. This I think should be taken as a motivation for us all to keep putting in the effort.

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It is interesting to see 380% growth in 4 months littlebee4 must be doing exceptionally

Evidently. That is might an outlier, I dont know. But it does show what is possible.

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@littlebee4 is one of my inspiration in recent times and I want to be like her. Lol.

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I'm stretching myself on a daily basis to attain greater height on the blockchain.

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That’s so nice to hear @faquan 😎
!PIZZA

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All what we need is that you continue showing those coming behind the reasons to remain in the blockchain and the fact that hardwork pays on the hive blockchain. Thanks @littlebee4

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I so will continue doing what I’m doing… just having too much fun 🤩

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That's super amazing my dear, I can see that you're enjoying yourself in doing what you know best to do. Someday I'll love to be like you.

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I honestly never thought about these comparison but you’re right about that. We totally ignore the amount of return we get In Hp when we put in hard work on acccout.

However, I think if the mechanism you suggested for the Hbd Savings is implemented, lager accounts would have alts accounts to benefit in the High payouts. This can’t happen when we reason it for Hp because hard work is needed to earn it.

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Without entering a wrong versus right debate, differentiated APRs based on the size of the account could make sense in a system with one-account-one-person. Or at least where account associations are known or verifiable.

On Hive, this isn't the case. A person with a huge account can break it down in as many alt accounts as desired to take advantage of the higher APR.

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I agree with you, if it was as proposed in the example any whale could create an alternative account to get a better APR (ie 50%)

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So you are saying a whale, with more than 500K could break it up, say 100K, and get 50K off that second account?

Of are you saying the whale could make an account of 5000, and get another 2500? That certainly could happen but what does that do for the overall ROI?

2500/500K is not very large.

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Yeah, perhaps you are right and maybe that doesn’t worth the efforts of a whale

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It's still depends on the target of the whale if the whale is calculating his earning in terms of percentage or the amount of money that comes into his wallet within the said period of time.

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I think it depends on ty perspective you're coming from. 2500/5000k isn't large when compared with a smaller account that can make a 100% in this period of time.

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That is true and many have a variety of accounts. But how many are breaking it up into 30 accounts and posting out of them?

So you are saying that someone with a lot of accounts could break them up and get the APR by working the multitude of accounts?

How would that work?

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You were proposing differentiated APR for HBD in savings, based on the amount of HP the account has, and that doesn't require any work apart from splitting the HBD in alts.

For HP, not sure how differentiated APR would work. Based on what? But I agree (from the experience of working with only a few accounts at most, and for different purposes), that if one has to grow each account actively, this isn't working, because time is finite.

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Ah yes. For the HBD that is true. That is why it was just a thought exercise. It is an absurd approach and not one being advocated.

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I was thinking the same, It has already been seen in the past, it would be a possibility, I don't know, if a verification option was added to the accounts, but I think that had to be done before everything

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Yes, it would be easily exploitable. And where there's an invitation to abuse, people will do it.

if a verification option was added to the accounts

Didn't Dan Larimer try that with that Twitter-like platform on EOS? I haven't heard anything else about it - it was an obvious failure. And that's at app level not at blockchain level.

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And that's at app level not at blockchain level.

Yes, i know that.

And you are totally right

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Without entering a wrong versus right debate, differentiated APRs based on the size of the account could make sense in a system with one-account-one-person. Or at least where account associations are known or verifiable.

I go with this point and I'll also add that proof of stake can also influence the APRs when people don't maintain one account per individual.

A person with proof of stake has a competitive advantage in terms of making decisions in matters concerning the APR variations.

Thanks for this unique point.

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(Edited)

I wasn't pleading that such a system would be good for Hive. In fact I don't like KYC and I try to avoid it as much as possible.

Yes, votes are stake-weighted, both for governance and for rewards, and I believe it's good that they are so. But unlike simple POS, DPOS is more flexible in my opinion.

I talked in the past about one-account, one-vote model. You might want to see what I had to say about it.

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I'll visit your post as soon as possible to get adequate information on the subject matter.
Thanks

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He'd risk getting caught and flagged, permanently destroy his reputation. Makes very little sense atm, financially, he'd just transfer his assets into savings and leave it there.

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(Edited)

How would you know if someone has a network of alts if that person knows what he's doing and doesn't link them to his public / main account(s) through Hive?

I'm not saying this is right. This would obviously be abuse. But the differentiated APR would incentivize it.

Plus, in this case, I think many would do it in the open, as a disagreement to the differentiation introduced that is against their interests.

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Voting Cycles, just follow the money and then check the accounts. We have tools for that. They often get lazy and start upvoting comments of each other and all those accounts are basically swam active. It's fairly good to detect.

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Yes, if they move the accounts 'on-grid' and activate them. Those who are careful won't do that.

But, as mentioned in my reply, in this case, I believe many would simply do it in the open and it would be an acceptable practice, at least among high-stakers.

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I wouldn't be so sure :)

We had some vicious downvote fight considering this behavior on Chain two years ago and a lot of huge stakeholders know the game now.

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(Edited)

Well, let's look at things this way. Over the past whatever number of months (I don't remember how many) the total stake of whale accounts grew from around 43-44% to 49-50%. All other categories lost in total stake percentage. Do you think they would allow someone with nearly no involvement or track record around here to earn a higher APR on HBD than they would? Differentiated APR on HBD based on stake will either not exist (most likely), or it will be abused in plain sight.

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These are very interesting thoughts, not because I'm still a redfish, but because it makes sense. Growing 1000 redfish will really be more effective in attracting new users than a couple dozen whales...
!PIZZA for these thoughts!

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It is easy to create a thousand minnow then 100 new whales.

The opportunity is there. It always comes back to what are people willing to do. Obviously @littlebee4 is putting in the effort and reaping the rewards. How many others are doing the same?

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Yes, of course, I'm not counting those who do nothing, want upvotes for empty posts at $10+, we're talking about people like @littlebee4, he's definitely good!

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he's a she.

And yes, there are many who fall into the category you mention. That is the problem. We need 1,000 more like her and less like the other. Alas, that is human nature especially in this era. We live in an instant gratification world.

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he's a she.

My mistake, I hope she will forgive me).

Otherwise, yes, it's a time of fast things, when no one cares about the future... Fast money, gratification of desires and the like right now, and tomorrow, whatever happens. But there are those like littlebee4, but there are really few of them even offline

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(Edited)

PIZZA! PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
littlebee4 tipped faquan (x1)
deadleaf tipped taskmaster4450 (x1)
@imno(2/5) tipped @littlebee4 (x1)
stdd tipped taskmaster4450 (x1)

Learn more at https://hive.pizza.

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The growth of @littlebee4's account has been amazing and a clear example of how commitment on Hive as anywhere else brings great returns.

Another example of big growth in Hive is the account of my friend @ifarmgirl, who in one year has achieved some numbers in HP and a reputation not negligible and has been a great inspiration to start my journey in Leofinance.

I for one have made it a priority to grow my HP since I started on Hive. And until last month, I focused on powering up all the rewards. However in April for the first time, I saved something in HBD savings.

But I agree that small accounts have the highest growth potential in relative terms, and it would be important for redfish to understand this. It makes a big difference. As well as having an engagement. And join the power up initiatives that can also give us delegation prizes that I at least, benefited from and that helped my growth.

I intend to continue consolidating my account as much as possible in the coming months. So let's see what the future hold.

Have a good week!

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Thank you so much @coquicoin 😊 your words are always so nice to read. I appreciate your support. We talked for the last few days a bit already but I can thank you again 😉

Let’s grow together and show the others what can be done.💪🏻🦁🐝👍🏻

Yes @ifarmgirl has achieved so much too. Beautiful to witness and see.

It’s all because of engaging. Thinking beyond the obvious.

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You are very welcome, Jackie. You deserve the compliments you have done amazing.

You are right, let's grow together, engage and also have fun 🦁🐝😄😊

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If 5,000 redfish doubled their accounts in the next month, on average, that would be a powerful starting point. We could see that as a basis for building.

However, few look at that.

And congratulations on getting into the HBD savings game. A smart move. Nothing wrong with setting a baseline return and 20% is nothing to snicker at.

Thank you for highlighting @iamfarmgirl. She is doing well from what I can see based upon her commenting.

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If 5,000 redfish doubled their accounts in the next month, on average, that would be a powerful starting point. We could see that as a basis for building.
However, few look at that.

The problem is that many of the people who come to Hive come with the idea of earning extra income immediately, so many get frustrated and leave. Few see it for what it is - a medium to a long-term project that offers endless possibilities and can make a huge difference to our finances in the future.

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Yes, few do see that and give up to easily.

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The problem is that many come with the misconception that they can make easy money and are not willing to put in the necessary effort. That's why they quit because it's easier to give up.

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That's why they quit because it's easier to give up.

Giving up is very easy, especially if or when you compare yourself with more established users and the rewards they earn.. Which unfortunately, many, many new users are doing.

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compare yourself with more established users and the rewards they earn

This is a big mistake. Comparing ourselves with others only leads to frustration in most cases. The years have taught me that the best thing we can do is to challenge ourselves to better ourselves.

And on the other hand, looking at the accounts of more established users and comparing them to those of someone new, although many do it, makes no sense at all as they are ignoring all the effort and dedication that established user has put to get where they are. So it is to be expected that someone who intends to compare themselves in this way from the outset will end up giving up. And perhaps that's the best thing for all of us that see this as a long term project.

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The years have taught me that the best thing we can do is to challenge ourselves to better ourselves.

That's the only way we can improve as well. By looking at ourselves. Beating our own numbers. Breaking our own records.

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Yes, I think it is better when we compete with ourselves than with others.

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Yeah, comparing ourselves or our results with others tends to lead to misery and anxiety. It's often discouraging instead of encouraging, which ultimately can lead to giving up because things aren't "fair" and whatever things you can come up with.

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I cant argue with this. It is true that is the mindset of most unfortunately. However, if they have 20 HP, try to get to 30 then 40.

This can be done with commenting alone.

Sadly, few look at it like that.

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Somehow some people seem to think that less is more when it comes to engagement.. lol

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It does appear that way doesnt it?

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Haha yup. It's truly awesome to see the engagement spreading like wildfire on LeoFinance though. It feels like it's increasing so it will be cool to see the next report.

I think we'll reach 10K comments this week.

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If 5,000 redfish doubled their accounts in the next month, on average, that would be a powerful starting point. We could see that as a basis for building.

That would be an amazing achievement for the entire blockchain. One would need a lot of curators putting in time and effort to reward both posts and engagement for that to happen.

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Yes it would be. It is also unrealistic because we both know that many people are not going to take the dedicated approach.

Alas, that is why some who now has smaller accounts like @littlebee4 are not going to be there forever. She is going to keep growing it, at a strong rate and end up scaling higher. Most will not do the same.

The point of this is what she is doing is nothing special. She just shows up and engaged. The results speak for themselves.

Everyone who does this will get similar results. Growth is guaranteed. The only difference is the pace of it.

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Yes, that’s it. Showing up everyday. Be dedicated and think of the long term.

I understand not many can (due to many other factors) or will want to do just that. But that is ok.
If you (accounts small or large) are here and will engage, you will grow, and everybody will do that at their own pace.

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Growth is guaranteed as long as you put in time and effort. The pace of the growth will vary from one user to the next, but actual growth is definitely guaranteed.

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And that’s the fun part of it… and so many don’t see that. Or give up to quickly when it doesn’t go quick.

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Everyone who does this will get similar results. Growth is guaranteed. The only difference is the pace of it.

This. That is soooo true. Would be the perfect bumper sticker.

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But I agree that small accounts have the highest growth potential in relative terms, and it would be important for redfish to understand this.

The smaller accounts is what can- and will have the most impact overall, so they are vital for growth in general.

Imagine 1000 users with 100 Hive teaming up, upvoting and making comments compared to having one larger account with 100K Hive making comments and upvotes..

The lesser accounts are able to "spread the wealth" far wider and can increase the overall engagement immensely.

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As for your example; They sure will… as have also combined so much more time than just one account. Their reach is enormous compared to just one. “It floods instead of a drip.”

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Completely agree, that small accounts are key for the future of blockchain growth. As more small users have engagement, there will be greater growth in general, and that is what we have to bet on. Therefore, inviting new users that we think can add value, should be a good goal to have.

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As more small users have engagement, there will be greater growth in general, and that is what we have to bet on.

I like how you see things. Goes well in hand with my own vision. It's literally the same with optimized content, the more we will have the more we will grow. That's why I can't stop talking about the importance of it. lol

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It's amazing how @littlebee4 grew her account within the short period of time! That's the best example and I appreciate TM for having it out here. Your account too, si,s is doing really well so congratulations and let's keep growing.

I wish more people would see Hive not as an easy way out but more for the long-term.

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I agree. It would be good if more people who see it as a long-term project and add value would join. Let's hope so :)

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Yes sis. This actually made me think about sharing it more on Read hehe. I have been postponing writing about the things I would want to share there.

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I should try to take up writing on Read once or twice a week and maybe sharing all the options we are looking at over here is a good idea.
Good evening, sis!

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Good morning sis and that's a good plan hehe. I feel most are afraid to try the waters here probably because of it is a bit tough to start.

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Hello, sis! It's scary for many, but it's proven that what it takes is a bit of dedication. It is also important to generate content for Hive and not just republish, that's a key factor to having success here in my opinion.

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Yes, that's very true sis. It takes effort and dedication to make things work and freshly-generated content.

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I think the APR analogy should be reserved for situations when you let your HP do the work ( inflation + curation via a voting trail ) without any input whatsoever. If you grow your account by actively posting, commenting, etc then it's more like getting paid for your time than a return on an investment.

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I disagree. It is actively managing an investment. Many people think passive investment means doing nothing.

Dont people have to research and eventually decide to make moves. Isnt that time and effort being put in that they hope to be rewarded for?

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(Edited)

If I choose to put my money into 3 big investment funds for example, I do some research and that's it I don't have to write posts about it at least a few times per week :)))

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If I hadn't read this I would never have known about it.

and I thought the system was unfair for only rewarding those who have more, it turns out that small accounts have the same chance of winning as a large account, it just goes unnoticed.

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But if you are engaging a lot… it so doesn’t go unnoticed. People do notice (me)
If they see your name popping up everywhere. It will stay.

Everything is possible with the right mindset, effort and engagement.

I’m glad you read this post and it made you rethink of what is possible.
Have a great day @fabian98

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It seems you learned the secret. You didnt let bias or bullshit thinking get in your way. That is why it is worthy of highlighting what you accomplished.

This is a prime example of what is possible.

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Many seem to fail to understand because of their biases against those who "have more".

Sad because there are opportunities right in front of them that they ignore.

This account did almost 5x in a few months. How many accounts can say that, especially larger ones? I bet there isnt even a Dolphin that did that let along Orca or Whale.

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I've been trying to increase the HP on both of my accounts. Although I think I did a decent job in my first year on Hive, I believe I can do a lot better this year.

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Well, on her part, that's some good growth and I can imagine how would she be feeling about it. But at the same time it also may have a good impact on smaller accounts to look into it, copy it, stay focused and realize that if she could do this, why can't we.

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Certainly this should motivate others to try and copy her approach. She achieved a great deal of success which she deserves.

Hopefully many others are motivated to learn from what she does and follow suit. Sadly, experience tells me otherwise.

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What type of growth rate do you have on your Hive account?

115.84 Hive Power and $96.28 HBD in the previous 30 days. Probably not bad for a smaller account (nowadays I have around 1630 Hive Power), but also not huge.

2022_05_02.png

2022_05_02_2_.png

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Based upon the HP, that is almost 7.6% growth in a month. That is outstanding when you think about it.

Keep that up for the next two years and you will be very happy.

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I am trying to be consistent. This is the first time, when I participate in the Hive Power Up Month (HPUM), and probably I will participate in it in the future too.

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That is a great thing to have people focus upon their Hive Power. This is a great thing to do. I find the project to be highly succussful.

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Thank you so much @taskmaster4450le for using me as an example and inspiration for others.
Makes me even more proud to be part of HIVE / this community.
Up to the next 3 months 💪🏻😎🦁🐝
Let’s do this…

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Well you did take notice of the last article and buy into it so you were a likely candidate. The fact that you took it to heart and actually tracked what you did is outstanding.

Here we have an example of what can be done.

Obviously, as your account get larger the growth rate is not sustainable. However, what you proved is that, in the early stages, it is possible for an account to massively blossom in terms of growth rate.

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I've been growing faster on Hive now than I did years back. But I have gone from 313HP at the start of the year to 560HP right now.

That growth from one account is crazy.

I also have a group of brand new people that I am teaching how to Hive. And yes, people have the potential to grow fast quick. I believe that Hive needs as many users as possible!

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Thanks @zakludick 😎
I’m new… not even 5 months old on Hive.
Before that I knew nothing about blockchain…

Great growth as well, keep it up 😁

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Now you are not learning but rather experiencing blockchain and cryptocurrency.

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Yes, I jumped right in at the deep end 😎

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Well no reason to hang out in the shallow end with all the kiddies.

They pee in the pool anyway. LOL

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247/313=78.90% growth rate in 4 months.

That is nothing to sneeze at. Keep pushing forward at that rate for a couple years and you will be very happy.

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Indeed! I am very happy with my progress. Sure, there will always be someone that might do it better or is just luckier with the support they get, but I think I am doing well!

And on that note, I want to get others to do the same!

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You are very well. The numbers show that. Keep active and consistent with it to keep it growing.

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Will do! I should visit your page more often! Plenty great articles. A lot of my students say they do not have time to read everything I send them but it is good to highlight all this good information and concepts.

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Yes well time is usually a question of priorities. The fact that you are growing your account is an inspiration. That is what will help to attract others.

Hopefully you can reach the 500 level soon and then start your march towards 1,000 HP.

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Oh indeed I am on 565HP right now. So legit a Minnow haha.

I did some calculations. It took me 3 months to go from 313HP to 400HP. It then took 30 to 31 days to go from 400HP to 500HP.

With my current pending payouts I will reach 600HP for a total of 18 days between the two.

So yeah, I do think I am doing something right!

Now, I do NOT expect this to grow at the same rate but if I just keep adding 100HP each month from here forward then I will reach 1300HP by the end of the year! Phenomenal!

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It all keeps compounding on itself. When that happens, the growth rate can accelerate.

You also have the ability to be seen by some different accounts. This will lead even better rewards.

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That's a wonderful initiative, @zakludick I would like to join your group to learn how to hive like a pro.
I'd really appreciate your positive reply.

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Hey @ponmile22222, you want to learn alongside my other students? Sure thing! Why not?

I see you are on 20HP at the moment. Let's connect up and get busy!

Where are you from? I am from South Africa.

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Thanks a lot, I'm from Nigeria.

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Cool. Do you use Discord? Are you in any of the Discord Servers?

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How do I go about it?

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Go to Discord.com there is a web app and a phone app depending on what you use.

A lot of Hive communities have their own dischord channels.

I would reccomend that you join The Terminal because they are on 24/7 and help the newbies learn.

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OK I'll do that.
Can I have your WhatsApp number so I can frequently communicate with you?

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Unfortunately I cannot give you my number here, it is permanently and publically on the blockchain. No good.

You can get Discord and I will see you on there. Just make your Discord name the same as your Hive name.

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OK thanks.
See you on discord.

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Hi, the discord app Nd site are acting up, I created an account only for it not to login.

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Hello, I was finally able to get my discord account started, it's the same username that you suggested, I'll be expecting your message.

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I always talk about the importance of HP and I had not had this perspective. I think it's great to see it this way. We always focus on profit and overlook the great growth that we have. Thanks for this reading

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Smaller accounts can look at this from the growth perspective and really outpace larger ones. This is going to make a radical difference if thousands of them do it.

We will see how many decide to look at things in this manner. My guess is that it will show up in the amount of commenting done. If it increases significantly then we know we hit home.

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Let’s wait and see if we see an increase…

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It is a very powerful approach. If all small accounts published at 100% HP, it would be more impressive, because they would ultimately be earning the same in net total and a hell of a lot more in percentage.

Do you think the curation at Hive is centralized? This would make it more decentralized

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If all small accounts published at 100% HP

That might be true but there are advantages to doing 50/50 and getting oneself some HBD. I never fault anyone for going that route.

However, the point of your comment holds. The emphasis on smaller accounts needs to take place. We need to show them that others are, as a percentage, massively increasing their stake. This gives them, as a whole, a larger say in what goes on.

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(Edited)

This is very true. The extra income gained through engagement can make a big impact early on. A 10% return on 6000 is 50 a month. Getting that is possible with engagement. And this is a MASSIVE boost to any account. It is like saying you had assets of 6000 generating that return passively.

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Without a doubt. I am not sure how much people can make. I do know that @jfang003 is a superstar in this area and is really seeing his HP growing.

He leaves a ton of comments.

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A few sensible purchases on layer 2 can also pay off. I love this blockchain! :-D

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Cant argue with that. Many have used the approach to get a few HE tokens, watch them moon, and then turned around and put them back into HP.

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We just have to remember that the smaller accounts now are the whales of the future.

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They have to become Minnows first and that should be the first goal.

Get to that 550 HP or whatever it requires. Then look to add 10% or 20% per quarter to it.

That will help it grow steadily over time.

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If this motion can be agreed on ,this will be another good opportunity for newbie and smaller account because I won't lie ,it ain't easy to compete with rewards,I can say everything always favour bigger account,and it's always takes months to build bigger account,if this suggestions is agreed on this will also reduce smaller account abandon thier account ,this is another reason to stay

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It is possible… I’m still a newbie, just 144 days old. Before that I knew nothing about blockchain.
It can be done as a newbie or a smaller account that is older.
Engaging is the key. Don’t give up too, when it gets hard. Being consistent.
Have a wonderful day @ajanaku

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Sure I believe and I always engage other post also

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It is a process. People who come on expecting instant rewards tend to be frustrated. However, there is a lot more than just posting articles. Those who engage via comments get rewarded. Just look at someone such as @jfang003. He is here each day leaving dozens of comments.

For that, he is often upvoted on a fair number of them. Plus when he does post, he tends to get more upvotes than he would otherwise.

It is how he got on people's radar.

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Wow, this is an amazingly inspiring story for me, I post usually chess stuff once a week, which now I think is very slow. Hopefully I'll try to follow the @littlebee4 way in upcoming days:) !PIZZA

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I think smaller accounts can easily grow if they put in the effort. Just relying on the network, we can spread the wealth to various different accounts and I think that this is a great thing. My own growth is more or less constant each month and I think that is good enough for me. It's growth either way.

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Have you ever sat down and figured out the rate you are getting in HP?

That would be interesting to see.

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I have not really been checking but let's say I get about 175 HP per month (power up, rewards and curation). This gets me about 70% APR at the current rate I guess.

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That is very powerful on an account your size. It is not as if you are a small Red Fish.

You might make Dolphin with your HP by the end of the year.

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That would be pretty awesome if you're example were to be true. I would just open a secondary account with very little HP and move all of my HBD into that account. With what I have in savings right now I could quit my day job at 300% interest. I get what you are saying though. Growing my account has always been my priority. It is the smart thing to do if you plan on being on the Hive blockchain for any amount of time.

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Yes obviously with the HBD example it is absurd. Most would do that. However, it is there to stress a point of who HP actually works. The different is people have to put in effort.

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