On NOT using Hive as an income source....

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·@revisesociology·
0.000 HBD
On NOT using Hive as an income source....
I don't receive too many rewards on Hive, and I certainly don't regard it as an income source. 

For a start Hive isn't fiat money, it's just virtual reward tokens, which can be converted to fiat via various faffy mechanisms, but until one does that it simply isn't 'real' fiat money, it's all entirely hypothetical...

Much like my income scenario below...

Now one could make up one's outgoings using this combination of income sources...

Assuming one has 2000 Units of outgoings and the corresponding other income sources, Hive income could make up 500 units a month of one's outgoings. 

![chart (1).png](https://files.peakd.com/file/peakd-hive/revisesociology/23xpWCkK9mxgDVTrSqrepCDqodfjnMSxV3c6Ty6sf3qjuuDMtPfQLcPfczrf7rgCymDqf.png)


However I MUCH prefer the following distribution... Which involves cashing out MUCH LESS HIVE every month, really just a token amount, 100 UNITS a month, and making up the rest in savings draw down, and taking a slight hit on income......


![chart.png](https://files.peakd.com/file/peakd-hive/revisesociology/23xyts7tfiCQSUbSuFUwr5fKiUL531qnzmoAHXfcA6jKJstJ72r3v9dFk77GBYggSESVb.png)

### OVER FIVE YEARS...

NB that 300 units of savings draw down over 5 years would only be 18K units.

The thing is by leaving that 18K Units worth of Hive in the Hive ecosystem means more yield AND more potential for the price of Hive to raise relative to those 18 hypothetical income units. 

The theory is that if Hive goes up in price then one can replenish one's savings draw down at expedient moments. 

### Conclusion...

Only cash out Hive on a regular basis if you REALLY need to, otherwise keep on stacking folks! 

NB this is also why I'm so keen to find another regular job, I'm hedging against falling into the position of NEEDING to cash out Hive, that'd be awful. 

Thankfully I have enough savings to last me several years ATM, and actually I am earning enough to NOT have to draw down, so I'm good. 

All of this is entirely hypothetical, and most certainly NOT financial advice!!! 

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