You see, I don't get why hive is even existing. This makes absolutely NO SENSE. Wait, wait, wait, STOP. If you are planning on leaving this post because you think i'm just gonna waste your time, trying to destroy your brain cells and replace your positive thoughts about hive to negative ones, since you think i'm just a hater of this whole hive thing, then I suggest you stay patient and read my post and you will understand everything. PLEASE. I promise you that this is not gonna waste your time. Instead, this might actually help you. What? Are you still not convinced? Then good luck, you'll need it.
But before I explain my points, I will first teach you about this whole cryptocurrency investment.
We all know how investing works, you put some money inside your account, the money might lessen, or it might become more. Investing in crypto is really just the exact same thing. But instead of putting money in your account, you use money to buy tokens. Let's take this as an example: You bought 10 hive when it was at 1 dollar per hive, so you spent a total of 10 dollars investing in hive. now if the hive price becomes 2 dollars per hive, you will now have 20 dollars, meaning you earned 10 dollars. Again, if you buy 10 hive at 1 dollar per hive, you spent a total of 10 dollars on investing hive. But if the hive price drops to 50 cents per hive, you now will have 5 dollars, meaning you lost 5 dollars in the investment. Now this brings me to my next point: How does crypto rise or drop? Well, when people buy the crypto, it will rise, and when people sell the crypto, it will drop. Based on experience and some logical thinking, When the hive price rises high, it most likely will drop a little, as those who bought the coin at a really cheap price will earned money when they sell. But is that really the smartest solution? Well, no, it isn't. You should keep the token, because once you sell it and the token price never drops down, you'll be guilty because now you have to spent more money than before to get the exact same thing! Now that you understand about this whole crypto investing thing, I will now tell you why I think hive is broken.
Hive is a token that started about a few years ago. It is becoming more and more successful by the hour, by the minute, and by the second. There was a recent sudden increase in the hive price, i'm pretty sure you all know that by now, as many crypto youtubers have been talking about it. At first, many people had mixed feelings, and some were like " Oh yay! I just got more money as I bought hive at a very cheap price last time!" Well others, including me, were like "Noooo, I didn't buy enough hive. The hive price will probably never go back down."
Well after a while, I soon learned that there is no need to be upset about it, as I have used my big brain to think of a good solution.
You see, if there is a day where hive is the next Bitcoin, people will NOT buy hive from the market like they do with Bitcoin, Ethereum, and the other coins. Instead, people will write posts to earn hive. Just imagine, if you effortlessly write a post and you get just 1 hive, then that money you earned could buy you a brand new car! This will be such an easy way to earn money, isn't it? In the next generation, people no longer will work in offices, they would just invest in crypto! Although yes, there will be less people with a lot of hive power and it will be less likely to get just 1 hive in the next generation, but we can still use a different method to earn hive, which is, by liking other people's posts. Some people that are new to hive might not know this, so thats why i'm here to further explain this. Explain what? Read on to find out more.
When you write a post, that, for example, earned you 10 hive, you only will get half of the total, which is 5 hive. The other half is distributed to the other people that liked your post and they will get half of the amount they gave you. Heres what I mean: if there are 5 people who likes your post and they each gave you 2 hive, they will get half of the amount, which is 1 hive. The other half is given to you. So liking other people posts will not only benefit them, but will also benefit you.
So to summarise it all, you should buy hive and keep some as your hive power if this type of thing really happens in the future. I am taking all of my earnings from this post to be converted into hive power. Hive is (in my opinion) the BEST crypto token to invest in, as you can earn so much money with it by either liking or posting. Do keep in mind that these are all my thoughts and how I think about hive, so please don't go and sue me and argue with me with whatever I said that you don't agree on. I hope you learned something new, and I will see you guys another time.
