Hi fellow Lions,
Today I wanted to comment on the opportunity we have right now and maybe in the coming weeks for Hive!
Buying Discount Hive!
One thing that I and many others saw quite frequently over the past few months and even year or so while the price of Hive and things like Splinterlands had gone up drastically, were people lamenting the fact that they missed the opportunity to buy at a discount!
I recently have been putting my money where my mouth is, figuratively but also literally. I've been snagging up as much discounted Hive as I can! Granted I don't want to drain my HBD savings account again, I did that for a Splinterlands opportunity which will hopefully pay off in the long run. However though, I have been reducing by far the number of HBD I've been putting into savings so that I can snatch up as much liquid Hive as I can!
I think that this is a perfect opportunity and one that I tell as many people as I can during PUD and in other avenues. Many of us can remember seeing countless people being upset at the fact that the price of Hive was so expensive but they were getting into it at such highs that it was too expensive to do anything. Well guess what?! The price has come down a bit, as with most of the other crypto markets and right now is the perfect time to buy. It would be good to inject some Fiat dollars into it if you can but that isn't in the cards for everyone so we have to also understand that avenue of it.
Being able to stack some Hive, Splinterlands assets and some Bitcoin are all great ideas for now and the future. With the development on Hive on many different avenues of the core chain and the other things on the layer 2's, one of the main things that it comes down to is the ability to transact at the base layer. Adding in as much Hive Power as one can during these times will be important for improvements that will be made as time goes on with the blockchain. Being able to collateralize things like loans, delegating resource credits to RC pools for some rewards, being middlemen in transactions (forget the term, Edicted talks about it a lot!) for two separate parties and so many other things coming down the pike for the Hive ecosystem.
It all comes down to the fundamentals and we have great fundamentals from a tech side. One fundamental that many people take for granted and are missing out on is Hive! I know that I am doing some extra work now on that front so that I can enjoy some increased rewards down the line. Right now being able to get 4-5 Hive per day in curation rewards for having a decent stake in the platform has done wonders to boost my confidence in the ecosystem.
We are not without our issues that's for sure but one thing is for sure is that we can work through things and get to a better place together!
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