Bear market is possibly the place where people build foundations for their future. Some might not agree with it but crypto veterans have made this statement countless times in the past. How does it really imply to us minnows that is probably the best question to ask here!
Bear Effect
Needless to say, all of our portfolio must have taken a hit! Regardless, of DCA I have been suffering a huge loss from the investments that I have made over the year of 2022. While, I am not taking this as an intermediate issue since I am not seeing the dollar value of my crypto assets as of the moment. Rather I am focusing on the quantity of coins that I am holding. Which is one of the biggest plus point of mine and possibly same goes for every other assets holders of crypto. Since the market has fallen to that extent where it will take a lot of time to pick up its pace and see the bull run from the current situation. Till than recouping crypto is one of the main priority.
I'm out of stables! What should I do?
Luckily, you have a HIVE account!
HIVE has been a blessing to countless people in this blockchain. It has reformed the thoughts of online users. It has given reasons for people to have faith in crypto and build a solid foundation for themselves, no matter what the condition of the crypto market is! How can one actually earn crypto from HIVE blockchain?
There are several ways to obtain crypto from Hive blockchain! Some of the ones which I do follow are as below :
Creating contents has been my go to way to collect HIVE and HBD for such a long time. It does not matter if the market is bull or bears! If you are a HIVE user and you are creating valid contents as an original author and you are interacting with others you have a chance to get value for your contents via the form of UPVOTES. Users with HIVE-power curates author and help them grow within the chain. It has been going on from the very beginning of the creating of HIVE blockchain. Which is why, having a user base in this blockchain can really make a huge impact in the journey of a HIVE user. Creating userbase is not really a difficult job at hand. Just share your thoughts with others via your contents or post your thoughts as a comment onto other posts and make friends and gather audience for your posts. As easy as that! Yes, it takes time but it is worth it!
So much has happened over the past few years but as of now I am dedicated to have the power within the blockchain. Which is why having HIVE-Power is an essential way to make your voice heard in this blockchain. I have been taking several initiatives over the past few months. My latest initiative was One week of full powerup posts...! A desperate attempt, you might say lol. But I intend to keep it going for as many months as possible until I reach my goal.
Although, there are other ways to build up one's account but I am focusing more on creating contents because it is one of the easiest way to build up some HP and HBD for thyself, in Hive blockchain!
Do not forget!
Some might say, it is difficult to get curated by whales! Yes, it is absolutely a true statement. It takes a lot of time to get thyself recognized in here. Which is why, there are ways to make your content visible to the community and other whales out in the blockchain. First and foremost, do not run after votes. Create a userbase! Learn what is going on! Once you are accustomed with the format and get to make friends and slowly you will know what to do!
Splinterlands
A big example that I would like to talk about is Splinterlands! There are two to three running attempts which runs every week for the community content creators. Where authors can share their thoughts, battles, share their tips and tricks and also share their creative artwork in the form of posts and get some juicy upvotes from steemmonsters (account of Splinterlands).
Why am I talking about Splinterlands?
One of the reason is, it is quite easy to get recognized in here. Splinterlands has an active curation team of twelve dedicated HIVE users who are actively curating contents of HIVE users (who shares their contents in the given posts of "Splinterlands challenges"). There are no strict rules. Just follow them and get some love from the curation team. More efforts one puts in their contents, the merrier it is for them.
Not only the challenge posts gets curated but the team searches for authentic contents and try to appreciate those contents as much as possible. Even before I was a curator of Splinterlands, I used to not miss any of the opportunity that I got from the challenge posts from Splinterlands. As it is almost certain for a user to get upvoted (if they follow the rules of the challenge). No face value is needed. Your contents speaks for yourself. The better your content is, the better visibility it gets.
Keep an eye in the blog of
For Wealthy Gambits
If you are good enough to spend in Splinterlands this is probably the right time to do do. A full max set of Chaos legion costs less than $5000 as of this moment. Which was quite high few months back. And within a month or two Chaos packs will be fully burned/run out of packs. So there's a chance where the price of CL cards would increase.
Use my Referral link to purchase Chaos Legion cards!
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Image source
If you are a new user, creating contents can be one of the best way to earn yourself some rewards from this chain. Like I mentioned plenty of times above that it is going to be a hefty ride and once that hard steps are passed away, light will shine upon you and you will be glad that you continued and not gave up!
Although, there are other ways where as a fellow user I have been earning from HIVE blockchain. Some of them does requires investments. While, these so called investments have been keeping me alive even in this bear market. To start with I would say I have been trading HIVE simultaneously for the past few months. Along with other assets such as SPS and DEC. Which has been generating some very good revenue for myself. Although, due to bear market the price in dollar value has fallen but I am recouping quantity of tokens and increasing my holdings as we speak. SELL HIGH, BUY BACK LOW!
HBD Savings one of the key ways to make your investment be safe and yet get a good 20% APR for your stables. Yes, so far HBD has been giving a substantial returns. Pretty solid ones I believe. Yes, HBD has fallen down from peg multiple times but every time it has recovered back to its pegged value and does holds back its position. Which gives it a much more value to itself. If I had stables, I would probably hold it into savings and earn those juicy APR's. DO YOUR OWN RESEARCH before diving into HBD savings!
I have been getting SPS as a reward for staking SPS in Splinterlands.
As of this moment I have been earning via GLX staking as well.
I have rented out my Splinterlands cards and I am getting DEC as payments.
Like I stated, there are plenty of ways to generate revenue even in this bear market. Since, I have not invested heavily in some of the options which is why my returns are comperatibly low. But in bear market every cents count. Doesn't it?
So what are you waiting for? Keep grinding and keep on creating your future! The journey starts from today!
Posted using Splintertalk