Thank you so much for the advice and reminders. Yes, I don't see it as competition, but as self-criticism. Likewise, it's not good to dwell too much on what you can't do, and you should focus more on what you can do.
Regarding "enough HP", I think it will take me a long time. 😅
Yes, but also no ... consider this: there are projects that will allow you to help them to give good votes to good content creators like yourself through delegating your HP to them, and they will share part of their rewards for doing that with you. Your delegation will average about a 10-15 percent return to you in liquid Hive that you can then power up.
All of these share their rewards back when they go vote on other good content creators and there are others too that do this.
So, say that you delegate 50HP to each of these. Every day (or every week in Helios's case) you will see a bit of Hive returning to your account for the HP you have delegated to them. This doesn't cost you anything if you already have earned enough HP -- you are just using what you already have. That way, your HP that you already have can help you reach your power up goals every month.
Couple of tips, though: if you have less than 1000 HP, get there first so your personal vote has a little power. If you are in the 1,200-2,000 HP range, don't delegate more than 10 percent of what you have.
I understand... Yes, until recently I delegated to Ecency and another project there and received daily rewards. However, it wasn't enough for my goal. But I've discovered that I can earn more HIVE if I'm active with Snaps. 🤔 I can use those rewards for my HPUD goal.
Snaps beats everything ... but consider this: life happens. Delegation means that even if you can't be here, you still earn Hive. If you are dependent on your Hive income, it is something to consider to make sure that you have the work that you do, and it is another thing to have the systems of Hive work along with you. If you can earn say 1 Hive a day on Snaps in March, that's 31 Hive -- that's good. But if your delegations also earn .1 Hive per day, you will have 34.1 Hive at the end of the month because those delegations will get you 3.1 Hive. If life happens and you cannot be on Snaps, you still would have 3.1 Hive just from delegation. Think long-term ... you can add a little more to your delegations over time and they will earn a little more over time.
You're right, delegations are a good way to generate passive income in the long term. While no one knows what will happen tomorrow, let's hope that whatever comes doesn't affect my plans to be as active as possible this March on Hive.
Thank you so much for the advice.
By the way, regarding that final tip you gave me in your comment, I have a question: What happens to users who have more than 10% of their HP delegated? 🤔
As you delegate, it cuts down your voting power and your available resource credits that you have for use in your account to do posts, comment, and vote on others' content. If you are down around 1,200 HP, you need a margin to keep growing and engaging personally.
Think of it this way: 700-1000HP is kind of a floor that you should build so you can do everything you want to do and also engage robustly with other users. At 1,200 HP, if you delegate at ten percent, you are still at 1,080HP (1,200 minus ten percent, or 120). If you want to keep growing in your personal engagement, you want to keep growing the HP you hold. Now, nobody is going to punish you if you delegate more than ten percent ... it's just a good gauge so you keep at least 1,000 HP on hand. If you have 2,000 HP on hand, sure, you could delegate half and still be at 1,000HP, but the amount you have delegated out will be building up other accounts' voting and engagement power and not yours for the moment. Fifty percent is a lot to have delegated when you are still in early building stages.
Hhhmmm! This information is very useful, although it's just the essentials one should know, it's still good to be reminded of them. You're right, with less than 1k HP you can't do much in Hive when it comes to healing and creating content.
Many thanks for everything.
You're welcome -- wishing you the very best in your Hive journey! Stay consistent in building, and you will achieve your goals!