Celebrating the Days of Small Things

Naturally, people are attracted to big names, huge rewards, and spectacular gains. We tend to ignore the common things of life, the ordinary, the small. That’s basic human make-up, I guess. We want to be successful and we want it fast and big. We don’t like to wait, to plant small seeds and to wait for years to see them grow into big trees to start bearing fruits. I think passive income works the same way.

I am really surprised with the attitude of many when it comes to blockchain technology and cryptocurrency. In traditional finance and investment, they tend to be conservative, patient, and willing to wait to receive their returns. But when it comes to crypto, they think the money here is fast and easy. Perhaps yes, in some projects out there, but be careful, the risk too is high.

Whenever my youngest son asked me to start spending what he thought were “big gains” already, I always remind him that this kind of project should be viewed long-term. We are now in the planting or seed sowing stage. No person in his right mind will cook the seeds he planted the previous day. He has to wait for months, and even years, and in between, to water and take care of the seeds for them to grow healthy.

Spending six months on Hive, I just realized first week of February the potential of second layer tokens. Diversifying among these tokens with what taskmaster4450 describes as “micro-investing” doesn’t mean that you are losing focus. It is actually going deeper, and such can only happen if you focus on one thing after considerable period of time.

As a result of such realization, I started to experiment on some of the dApps. I tried testing the correlation between the powered tokens and their vote value. From there, if you do a little computation, you can come to a conclusion that some dApps, perhaps simply because they are still new and young, give higher returns than others. Of course, as the saying goes, “with higher return, comes higher risk.” That’s where DYOR plays a significant role. Don’t throw your HIVE on something that you don’t understand. Even then, that’s not a guarantee that a project will succeed. At least, you are realistic enough that such small seeds you are planting might grow some day or they might die for one reason or another.

So far in my experiment, I came up now with another update of my token list that includes at least ten of them. There are new members in my collection such as ONEUP, CTP, SME, NEOXAG, POB, BRO, BATTLE, and CENT. HIVE is given already for this layer one taken deserves the priority. LEO too for it is the top app about crypto and finance built on Hive. SPT, DEC, and SPS of course occupy special place for there is no way I will come to know Hive apart from Splinterlands, this amazing online NFT blockchain based game.

And so, the more or less 200 HIVE I gathered during the month of February both from personal savings and rewards, I distributed them here and there after powering up 50 HIVE, and so here is the updated list of the tokens owned by a bragging Red Fish:

So far, that’s the initial holdings of a Red Fish here after realizing a month ago the role of layer 2 tokens in this idea of Hive as a compounding machine.

Grace and peace!