Imagine Hive at $1! What's Your Plan?
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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REMEMBER: We should prepare for the unexpected and always hope for the best. Life may not be easy but you must do your best and leave the rest to God...
The article raises a question that concerns many investors, a great idea for a post. I think it's a good idea to plan ahead of time how to behave if it reaches certain prices. Personally, if HIVE reaches $1, I wouldn't do a power down. To consider power downs, as far as I'm concerned, HIVE would have to reach at least $10. With this strategy, perhaps I'm destined to never do a power down. !PIZZA
Hmm, your thinking makes sense too. If it can reach $1, then $10 is also possible. Best of luck 😊
$PIZZA slices delivered:
@stefano.massari(1/5) tipped @asgharali
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Thanks for the heads-up!
Anytime — glad it was useful before it became a bigger issue.
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Hive at $1 😍
Interesting, but currently a quite utopian thought.
I have 62k staked, so my vote will be a bit more than $3.
That would give me $15 daily in curation rewards. Which is nice, but paid out in Hive. So when the hive price drops again, it will be worth less.
So I might fall back to the 'strategy' I had before, which was selling high and buying back lower.
That would mean that I move some Hive to HBD savings and wait for the price to drop to buy more Hive with the HBD again.
This is an excellent idea to convert some Hive into HBD for rebuying, while keeping the remaining amount as HP. And your 62K HP is a good stake. You will surely benefit from it in the long run.
Me? I envision when We need no energy accounting tokens (money of any kind) to all live richly... Is it possible? Yes, it is.
But the moneyed psychopaths in control on Our planet (by virtue of money) keep the tech than makes it possible well hidden and suppressed.
The foundational function of all "money" - from trade/barter items to electronic bits - is to account for the energy We each add (at arbitrary rates) into a system. Add free energy tech out in the open and the whole point of money vanishes.
And, as I personally know that We have such tech in black projects, I therefore work for Humanity to bring about a better world for Humanity than what those moneyed psychopaths in control on Our planet (by virtue of money) are creating for Us with Their plannedemics, manufactured "wars" that They profit from and We all lose...
The indoctrination from birth, propaganda and lies, the groups of Us groomed to create divides, beneficial tech that threatens profits/control is hidden, and Our medicine, land, food, water, air, education, electromagnetic environment, and information flow deliberately degraded...
We can create better!
I hope You choose to read and consider - and join in the efforts to bring about a far better world!
The Problems in Profit (article): https://peakd.com/informationwar/@amaterasusolar/the-problems-in-profit
Birds with Money (article): https://peakd.com/informationwar/@amaterasusolar/birds-with-money
interesting perspective. Imagine a world where everyone has access to free energy and basic resources, allowing people to live a better life without constantly worrying about money.
And not just basic resources. With necessary work no One wants to do automated, We can own what We use, and there will be no point to owning something One never sees or uses - "rental property," for example - leaving plenty for Us all.
Own What You Use (article): https://peakd.com/informationwar/@amaterasusolar/own-what-you-use
What If You Can Live as Richly as You Choose? (article): https://peakd.com/informationwar/@amaterasusolar/what-if-you-can-live-as-richly-as-you-choose
If it were to shoot up in one candle it would probably drop just as fast and since all of my Hive is staked I would not be able to do anything about it :)
Haha, that's damn true and it happens every time. But once you see the market turning bullish, you should prepare in advance. That means starting to power down before it reaches its peak.