Ways to earn more in Hive Blockchain

Disclaimer
It is only been my first year using the Hive Blockchain, I am not a Crypto Analyst, I am just sharing what I thought is beneficial to people in this community. All tips are based on my experience and must not be considered financial advice. Think of it as a friendly story that I want to share.

Most of you reading this already know that writing good articles in Hive frontends rewards us with good money. But holding that crypto and waiting for it to grow in value is not enough and is not guaranteed to grow your assets anymore, especially these days when the crypto market is down.

So aside from religiously writing good posts weekly, what else can we do to increase our earnings in Hive blockchain?

Save your HBD rewards

Saving your HBD rewards gives your saving a 20% APR. Aside from that, at this point that the dollar is continuously growing its value, your HBD's value also grows its value because it is dollar-pegged.

Use your HP to vote

Saving your HP and not withdrawing it gives your account more voting power, more voting power means more share in the rewards. Follow curation trails that are actively voting so that you don't need to do it yourself.

I also auto-vote users whom I knew create good posts that get good rewards using the Hive Voter.

Delegate your HP to Curation Projects

There are so many curation projects in Hive, Most of them give you a percentage of the rewards they get using your delegation. Some of them will even give you guaranteed votes.

Renting out your HP

Did you know that you can rent out your HP to some splinterlands players? I'm not sure about the rate but most Splinterlands players deplete their RC because of too many transactions like playing, renting, buying, and transffering of cards.

(Splinterlands is an NFT Game with a Play 2 earn model, If you want to try playing this exciting game, Click my Affiliate link - https://splinterlands.com?ref=jacksonizer )

Staking your reward tokens

Aside from HBD and HP that we get after our posts maturity, we also get tokens like SPT (splintertalk ) Thgaming , Oneup, and many more if we write in gaming communites. Leo Finance rewards us with LEO tokens when we write good articles about finance using Leo Finance Platform.

These tokens can be staked to earn more tokens. Instead of cashing it out, why not just stake them and let them earn by themselves?

Putting it in Liquidity pool

Instead of holding your tokens and waiting for them to grow their value, why not put them in a liquidity pool. Check out Tribaldex's pool tab and search for liquidity pools that are available for your token.

In this example, you can even pair Leo tokens that you have acquired using Leofinance platform and oneup tokens that you have acquired by using 1up.zone. Some liquidity pools also give LP rewards, meaning aside from what you usually get from liquidity pools, you get bonus rewards in form of other tokens.

Refer New users

Referring New users makes you a 3% beneficiary from the rewards that New users will get from their posts. Who knows if you will recruit someone that has a talent in writing?

Refer Games under Hive Blockchain

I've earned a lot from referring games under Hive Blockchain. Some games give you credits that you spend in the game to buy NFT cards that you can sell. Some give you earnings when a player buys an asset and
Others give you rewards every time your recruited player plays.
Some of the games that I always refer to until now are the ff:

Splinterlands - Play-to-earn card game, where you can earn passive income by renting out your NFT assets.
Ref Link: https://splinterlands.com?ref=jacksonizer

Rising Star Game - Music-based Card game where you earn by doing missions and growing your assets. the more assets you have the more you earn.
Ref Link: https://www.risingstargame.com?referrer=jacksonizer

Dcrop - Farming-based Card game where you plant and harvests crops seasonally.
Ref Link: https://www.dcrops.com/?ref=jacksonizer

Reblogging

Did you know that you earn points when you use Ecency platform to reblog a post? These points can be used to boost your post so that it can get more rewards.

These are all the ways that I know so far, If you have any more ideas on how to grow your holdings in hive blockchain, please drop a comment below.

Please also correct me or give more additional info regarding the ways that I have listed.

I hope you learned something new today! Please drop a comment at the comment section if I missed something or I've given the wrong information.

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Posted Using LeoFinance ^Beta