It has been frightening to go through the bear market. The immediate realization of despair of willing to sell the coins in this bear market and that even in less than the buying price those specific moments are agonizing. Those feelings can only be understood if you yourself have been through them. As a fellow crypto lover, I really wish that no user to go through such stage of pain.
Nevertheless, someone will loose money whilst during that very moment someone will make money. This is how crypto market is operating. Although in this bear market every other coin seems like a yummy dish served on a plate. If you can just pay for them you may have it in your portfolio. And guess what, it will serve you like a wine. As they say, the more old a wine bottle is, the valuable it gets!! Similarly a coin purchased at this bear may out form in the upcoming bear market. Leaving you with a great profit which may not have ever thought about.
"We all are referring to this current bear market. Bear markets are quite common to arrive. As long as there will be bull market, bears will show their presence."
Income generator in bear market
Whenever bear market takes a hit, the whole world seems to take sudden notice of crypto market. Thus all this blaming and tons of reports against the market seems to pop up. Either way, market has survived in the past and it will survive in the future as well.
- HIVE has been standing in a very good position over the months. Currently sitting at just below $0.50 cents. Compared to various other crypto currency it has been able to hold this position quite wisely. At this price collecting HIVE is one of the out most priority for me. There are several reasons which makes getting HIVE into the portfolio.
- Powerup HIVE (HP) : One of the most strategic power which enables different streams of revenue coming down your way. Guess what, it increases everyday. I understand how difficult it can be to get to obtain a certain amount of HIVE to power them up. For users like you and me one of the best way to obtain HIVE can be via creating contents for users. But for the sake of argument lets say, somehow with consistency and with quality content you get to gather up 100000 HP at your possession. Now what! According to Hive-now your vote will be worth at 100% approx $2.2. 10 full upvote would be around $22. Since the VP would regenerate this income would be very much permanent. And once the price of HIVE grows in the bull market, the outcome would be even more fascinating that you can think of. I can not think of any sustainable other passive income which provides this much security for your assets and also this much return along the way.
Just imagine how many people you can support with that amount of HP. Yes, compared to whales this is probably nothing. But those who have started their HIVE journey, every cents mean to them. Help yourself grow and help others grow in the process..
Like I said, as a content creator it is one of the toughest task to perform in here. Being consistent is an issue. Let alone giving up contents everyday. Not necessarily needed to give out contents everyday but it helps in engaging between content creators and other fellow HIVE users. I am trying to make the best usage of my rewards coming from creating content.
- Powering up 100% in posts as much as possible.
- Powering up liquid HIVE from different source
- Converting HBD to HIVE, when seeing an opportunity
Without purchasing HIVE from the market, how long is it going to take to reach 100k HP?
If I am being honest, it is going to be a long long way. Technically it might not be possible as well. There will be rough times. While there will be road blocks ahead and I will be tired at a point and even it might take me 2-3 years or even more to reach there but just thinking about the the end result of 100k would definitely make me smile along the way.
On another note, I have also been converting different types of assets to HIVE and powering them up. Yes, they are helping and slowly approaching towards the goal of 100k HP.
Best regards
Rehan
