If you've been following my growth on Hive, you'll notice a few things. One: When the price is high, I'm flush with cash. Two: When the price is low (as it is now) I'm usually "skint" as the say in old "Blighty." Life just seems to turn out that way where we can never get those two aligned together where we can take advantage of these swings in crypto prices.
But there are things you can do in the meantime...
Keep building
I now have a limited window before the next set of classes begin, and I'm trying to post daily whenever possible. It's a good habit to get into, as the more you blog, the better you get. Each post tends to come out a little easier than the one before it, but you've got to keep it up. My spring semester classes were exhausting but getting a 4.0 GPA in all three of them was worth it and will help me going forward.
The other thing worth folding in, is if you don't have the time to write a post, try to leave a comment on someone else's post. They're quick and help to get your name out there especially if you're new. Regular engagement is also good for the growth of our platform, much like shoppers tend to visit a store that they can see is busy from the outside. We all need to chip in and do our part to keep Hive, LeoFinance, and the other tribes healthy and strong.
If you can only manage one post a week, do it. Don't listen to the naysayers. Everyone's situation is different, I care for a terminal relative, and you better believe that takes precedent over everything else. One post a week during classes is better than nothing. Do what you can around your outside responsibilities. Every little bit helps.
Keep sharing
One of the things I do is share every post I publish to my Twitter audience. Since Google indexes tweets as well as web pages, it makes sense to put legacy social media to work for us. Since they want to suck our data into their digital butt black hole, we might as well get something in return for it.
In addition, I like to fold in interesting posts written by other Hive bloggers as well. The point is to do it in moderation. If you look at my Twitter account "EverNoticeThat" you won't see endless promo tweets. That tends to turn people off, so I fold them in naturally among the other subjects I cover so as not to overwhelm my audience.
One thing I've noticed, is that very few Hive bloggers make use of this resource as I do. When your cash is low, this is an outlet providing free exposure for our little corner of the blockchain. Over the last year, I can count on two hands the number of people who retweeted my blog posts after I'd featured theirs to my team on Twitter. It would be nice to see more people reciprocating the support given to them by others so we can all grow together.
Keep buying
Passive income rocks! When I have an opportunity to take profits on an income-generating token, I'll use the proceeds to pick up some value LEO or HIVE. I've been picking up little bits of LBI here and there for instance, as they provide a weekly payout of LEO dividends. Some of the payouts of smaller tokens are split between powering up, and purchasing small numbers of the bigger tokens over time.
Even if I need to power down in order to pay bills, I still try to keep this virtuous cycle going. Because I know the day will come when I can end the power down and start accumulating again. Of course by then the price will have recovered, but that is a sign of a vibrant community and it really shows off the resilience of HIVE.
I was just talking to the manager of the local convenience store who accepted a crypto ATM. We've been discussing crypto lately, and I told him the price swings don't bother me. As long as the fundamentals are fine, I'm good to go. With dollar-cost-averaging, you can help smooth out the peaks and valleys over time. When the price goes down, you can pickup more "shares" of HIVE for the same investment. When the price goes up, you benefit from that as well.
So this makes two posts in two days, and I'm going to try and keep the momentum going over the next few weeks until classes start again. What do you do when your resources are low? Stay involved, make use of the free resources out there to promote your posts, and continue to support the best little place on the blockchain!
