Ask Leo: When Hive Gets To $100 Will You Sell Or Keep Hodling?
So recently I have been day dreaming and fantasizing about my life and what it will be like when Hive ever gets to $100. I have read some people’s post about Hive getting $100, while some people feel that this might take a while, am confident that we might be seeing Hive at $100 before the next 3 years. Yes!! 3 years, I said it, because Hive is great and when the world finally discovers Hive, Hive will moon like never before.
Another reason am confident about Hive getting to $100 before the next 3 years, is because I joined Hive when it was $0.17. I watched my friend who I introduced to Hive doubt Hive because it was $0.17. When Hive got to $3.14 last year he was filled with regrets.
Hive getting to $100 is not as far fetched as people think it is. Hive at $100 will put the market cap at $38 Billion, which is achievable. With the world’s awareness towards Web 3.0, trust me, Hive is not going to be unnoticed for so long, they might ignore it now, but the community is strong and beautiful. I love how independent the community is and how we have the same goal which is, promoting Hive.
Okay, that’s enough Hive preaching, let’s talk about my fantasy of Hive getting to $100. I have thought of numerous things I would do. Initially, I said I would initiate my first Hive power down when Hive gets to $30, but right now I have changed my mind. I won’t power down any more and I hope I don’t find my self in a situation where I need to power down.
If we are using my current Hive power to do my case of study, when Hive gets to $100 my total Hive value will be worth $266,000. That’s a lot of money right now, enough to buy your self a decent house in Nigeria. But in crypto, business and life generally I have learnt that money helps you get more money. If I power down my Hive at $100 per Hive, sell and buy a house, after buying the house, what next? Imagine after buying the house, Hive grows to $1,000, that means that I have missed the chance of having $2.6 Million because I wasn’t patient enough right?
This is why we need to learn from the mistakes of people who bought bitcoin at $1 and sold it when it got to $100, right now Bitcoin is on $40k. You won’t blame them for selling that early because if I was in their position I would do the same. But they have made that mistake, my job is to learn from their mistakes. So personally, I won’t sell my Hive when it gets to $100 I will keep curating and earning from curation, money I make from curation is what I will spend. I don’t really know what price of Hive I would sell but for now I don’t think I will be selling my Hive at $100.
Hive has given us the opportunity of earning from curating and getting airdrops, so all these can help hold you down while you hodl. But I’m sure Hive will get to a certain price that I will have to sell it and upgrade my life. But let’s not forget that this is just based off the calculation of my current Hive power. I’m hoping that before Hive gets to $100 my total HP should be 20k HP by then.