Hive ecosystem is a fantastic earning platform where you can publish your content and share your thoughts with other users. Without a doubt, your high-quality content will be curated, and you will be compensated handsomely. As we can see, the market trend is slowly changing, and we are now preparing for a bull run.
SOME GOOD PRICE MOVES IN THE HIVE
The market's steady rise over the last two weeks has been very encouraging, and we are seeing some potential in #hive, which has gained good value. It's very interesting to work in the Hive ecosystem when the price of #hive is rising because the payout increases as the price rises. I have previously stated that both bear and bull markets are beneficial to hivians.
The bull market will allow you to earn more and more dollars in the form of Hive coins, while the bear market will allow you to increase the quantity of HIVE. That is why both are in favour of HIVE users; however, you must ensure that you apply the best strategy at the best time. If you can implement a timely strategy, you will be able to earn more and more from this platform.
As I have seen, the market trend is slowly changing and moving in the right direction. HIVE's price will rise as well, possibly reaching $0.5. During the bull market, I'm changing my Hive payout strategy, which is working out well for me. In the payout settings, we have the option of going for 100% hive powerup or splitting the payout into 50% each.
CHANGING PAYOUT STRATEGY TO 100% HIVEPOWER
As the price continues to rise, and as long as the market remains bullish for me, I will change my payout setting to 100% hive powerup. The main reason for doing so is to avoid having to convert your HBD to HIVE. Staying with HBD is a bad idea because the price is constantly rising. Changing to 100% will give you the advantage of price increases.
The 100% hive powerup strategy works only while the market is bullish; once you notice that the market trend has changed and we are back in the bear phase, you must switch back to the 50% split strategy. Then you will receive 50% HBD and 50% Hive. The good news is that you can convert your HBD to HIVE when the bears are most active.
Converting HBD to HIVE at low rates is more profitable, as the price of #hive was around $0.25 and the price of #hbd remained constant at $1. I was getting 4 hive for 1hbd, which was simply the best time to amass some HIVE coins. I wished that the price would remain at this level for more than a year, as this was the best time to increase your hive quantity within a year.
Anyway, we are currently in a small bullish phase, and I am considering switching to a 100% HP strategy. This will compensate for the inefficient conversion between HIVE and HBD. In addition, I will be able to earn a higher payout profit during the bull run. It is a wise saying that earning money is simple, but utilising and implementing strategies for increased income is the wisest course of action.
THE ECOSYSTEM, WHICH REQUIRES YOUR STRATEGY AT ALL TIMES
As a result, the HIVE ecosystem is a platform from which you not only earn but also manage various strategies throughout the year. You must be active at all times and keep learning new ways to increase your earnings. Our primary responsibility in this ecosystem is to add value to the HIVE blockchain, coin, and ecosystem, which benefits all of us.
This will be my current strategy for the time being, and it will be determined by market movements. What do you think? Did I make a good decision with this strategy? I need some more advice from my seniors on the payout strategy, and seeing your response in the comment box would be greatly appreciated.
To summarise, the Hive ecosystem is a valuable platform for earning money through content creation and user engagement. The market's upward trend provides an opportunity for content creators to maximise their earnings by changing their payout strategy to 100% Hive Powerup.
However, as the market changes, it is critical to monitor and adjust strategies, and during a bear market, the strategy should be changed back to a 50% split to take advantage of lower HBD to Hive conversion rates. To take advantage of market conditions and earn the most from the Hive ecosystem, active management and strategic thinking are required.
This is an attempt on my part to present you with the best payout strategy during the small bull run. I hope you enjoyed the read and the post; if you did, please leave a review in the comment section so that the next post can be even better. Thank you for sticking with me until the end.
IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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