Today in this content we will talk about some ideas that will be very interesting for all Hive users especially those who have a good amount of Hive Power in their wallets.
If I talk about myself, at this time I have around 50K Hive Power in my wallet and my next target is to increase it directly to 100K. This means that I want to invest directly in it, buy a large amount of Hive and achieve my next target.
I am just waiting for a good price. Due to the need for some money I am waiting until I have the money available and the price becomes suitable. Then I will buy another large amount of Hive and increase my Hive Power to 100K.
Today's topic of discussion will be... If Hive's price suddenly makes a God candle and reaches around $1, what will you do with your Hive Power? Will you sell it, hold it, take advantage of your voting power or do something else?
First of all let me explain this. (About what will I do)
If I have 50K HP at this time and Hive's price reaches around $1, what will my vote value be?
According to the current value my Hive vote is worth around $0.15. If Hive reaches $1, it will be around a 20x pump. With this pump my vote value will increase from 15 cents to $3. This means that the value of my single vote will be around $3 which would be amazing and very beneficial.
If I vote 10 times a day, my total voting value will be around $30. Out of this amount, $15 will go to the curator and $15 will remain with the author.
This is a major advantage if I decide to hold my Hive Power.
However if I want to sell it at $1 I will get around $50K. According to Pakistani currency, this would be around 15 million rupees.
This is such a large amount that a person can easily build their career and create a good life for themselves. They can buy a new building, a car and many other things.
These kinds of things are entirely possible in crypto. They are not something surprising. Hive is also a coin that has a strong tendency for pumps and dumps. We have seen in the past that its price has reached $3.50.
Reaching around $1 now would certainly be difficult but it is not impossible. If it gains some good value and launches a good project then its price can definitely reach $1.
Now, I also have a question for all of you.. If Hive's price reaches around $1 what will you do with your Hive?
And if you want to sell it, what things will you do with that money?
As for me, my plan would be to keep selling some of my Hive as its price pumps. I would use some of that money to fulfil the important needs and financial requirements of my life while keeping some money aside.
Then, when Hive's price drops again I can invest that money in Hive once more and wait for the next cycle in the same way.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.
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