Hello everyone,
Today I am sharing my third post on Hive blockchain. So far, I have really enjoyed being here and exploring the platform.
Today I am participating in another contest. Recently I participated in one contest on Hive, and now this is my entry for a different contest hosted by the India United community.
Since I am from India, it feels nice to participate in a contest organized by an Indian community.
The topic of the contest is very interesting:
What will I do if HIVE reaches $1?
Before joining Hive, I did not know much about its price history. Recently I was checking some market data and found out that HIVE was trading above $3 during a previous bull market. That was actually surprising for me because it shows how much potential the token has if the market becomes bullish again.
But anyway, the contest is not about HIVE reaching its all time high. It is about HIVE reaching $1.
Recently I bought 100 HIVE, and my plan is to continue buying 100 HIVE every week. If I can stay consistent with that plan, then HIVE reaching $1 would be a big thing for me.
I am not a rich person, so investing around $100 every week would already feel like a significant amount. Over a month, that would be around $400, and over a year it could become close to $5,000.
The first thing I would do is invest some money back into myself.
I would probably take around $1,000 and upgrade my setup because content creation is a big part of my life.
Right now I would love to buy:
Especially the table!
My current table is not very good, and every time I sit down to work, I feel like it needs an upgrade.
As a content creator, having a comfortable workspace can make a huge difference.
The remaining amount, I would probably keep invested. I do not plan to sell all my HIVE because my goal is to stay here for the long term.
When I say long term, I really mean long term. Maybe 15 to 20 years.
Nobody knows what will happen in the future, but I like the idea of slowly building my position and letting it grow over time.
Personally, I think it can.
I am not saying it will happen tomorrow, but if I look at the market cap and the history of the project, I do not think $1 is an impossible target.
From what I have seen, HIVE was trading around 60 cents not too long ago. If it was able to reach that level before, then reaching $1 again does not sound unrealistic to me.
Also, Hive is not just a token.
It has:
That ecosystem gives it more value than many projects that only exist as a token.
Even if HIVE does not reach $1 and only reaches 50 cents or 70 cents, I would still be happy.
That is one reason why I like dollar cost averaging. When you keep buying regularly, you do not need a perfect price target to be satisfied.
In the end, if HIVE reaches $1, I will definitely be happy.
Not because I want to sell everything, but because it would help me improve my setup, continue creating content, and move closer to some of my personal goals.
That is my answer for this contest.
Thank you for reading, and if you would like to participate as well, make sure to check out the contest post in the India United community.
Also, I am a small content creator, so if you would like to connect with me, you can find me on YouTube and X where I regularly share content related to crypto and blockchain.
See you in the next post!
