Hive is not just a social media space, in fact I see it as a work space and in this space I try as much as possible to work and get paid. A lot of us are from different backgrounds, and thus our needs are different. I remember when I just started out on hive, I was going through a lot as a student and needed a good source of income. Hive came in and made things a little easier from the little I was making from my post. At that point saving and powering up wasn’t on my mind, all I wanted to do was survive every single day.
It is someone who has gone through the process of surviving that can decide to start saving for rough days. We save a part of what we earn whether convenient or not, but then again we can not save when we have not eaten. Sometimes all a person needs is food and if they can’t afford that little, it will become hard to save. That is why I love the hive 50/50 system that automatically helps us save. For some that is more than enough, for others, since the money from hive is extra for them, it is more convenient to save it for the rainy days.
I would obviously prefer to save for the rainy days, but what if I am in the rainy days and I need the funds for it. I remember a time when I was always powering up every single day. Definitely when things get better financially I would be able to go back to saving. For now what I am trying to do is discipline myself enough to not power down, especially with the current price of hive. I am also happy I withdrew my funds when hive was still high though and now that it is low, I would rather save the normal way hoping hive rises. But for the rainy days, I might need the cash. Although Hive is usually my last resort, unlike before when it was my first as I had no where to get money from.
THIS IS MY RESPONSE TO INDIAUNITED PROMPT Power Up or Cash Out – What’s Your Strategy? FEEL FREE TO JOIN IN.
