How To Invest In Hive

It's my first time writing here. In discord where communities asked us to support a member post before dropping your post link, I did read someone's post and saw it was a contest from @hive-ghana so I decided to join.

It's amazing here and scrolling to see about the community. I'm so proud of this community for the support they have given to Ghana. It's really good to know that hive is not just about web3 but a family that extends to the real world.

Source

Been here on hive for over 1 year and few months and I will say one thing hive have taught me is to save and invest. If you want to know people who have become whales on hives, you will notice that they save their HBD and hardly power down. When a payout is given out the money comes out in 50% HBD and 50% Hp. They know if we are given all, many of us will squander all.

• Saving HP and powering up:

Hp is also called resource power. The higher the Hp, the higher your weight when you upvote in people's posts. Saving up Hp makes you have a higher author's reward on the person's payout.
Power up is another way to invest. Hive made an aside 1st of every month for power up day. Joining in this activity helps and saves your hive in the form of HP. We might not understand this now as the Crypto market is in bear but the bull run will be a shock to many as many accounts will double.

• Saving HBD:

This is my best way of saving. If not for expenses I need to fit that I use my earnings here for i will save all my HBD for months. I once did it. When I newly joined hive, I didn't touch my earnings for about 5 months because I had a target and all my earnings were saved. It gives 20% APR interest. That's a good way to invest in hive. If I have over $1000, I will put all in HBD saving, this is the best investment ever with passive income.

• Delegation to communities and individuals:

On hive I have seen accounts that haven't made any post but have over 50,000 hp. All they do is delegate to communities and individuals and get author rewards for it. Some communities give their token or hive daily for delegating. It's just like a passive income as your money keeps working for you even though you didn't write a post.

• Staking:

Many people on hive don't know this but this is another way to invest in hive Blockchain. You can stake a token and get a reward for it. Just like @leofinance, the 15th of every month is kept aside to stake Leo tokens. Buying a token and investing is a good way to invest in hive.

Thank you for reading