When hive price is falling, it is the best time to grow your account!!! Which exchange has the cheapest hive? Answers inside!!

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(Edited)

Hello, my friends. Lately, hive΄s price has been falling and many users are worried about their assets and some of them are selling their hives to avoid losing the value they already have. But what they are doing, is to sell their precious coins at degrading prices and they will deny this action when the coin pumps. I believe that not only we should worry but instead, we should be optimistic because we have the opportunity to accumulate even more coins and increase our hive power more easily.

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I remember the time when steem΄s value was at 0.07$ cents as well as the time when it was at 7$. For a post of 20 sbd at the time that steem΄s price was 0,07$ I was earning about 70 steem but when the price went at 7 euro I was earning about 2 to 3 steem. Forget about the Hive΄s value in dollars and try to accumulate as many hive power as you can. Hive is alive only 5 months so it is very early to look at its price. Furthermore, if you consider the fact that it has the most dapps from its competition, its price will pump sooner or later!

As I said when the price of hive is low we can earn more hive from our posts but we should never forget about curation rewards which can make our power grow even more quickly. Every post΄s rewards are divided 50% to the author and 50% to the curators. Most of the users, mainly the newcomers are not aware of how important the curation rewards are to grow your account. But if you want to earn curation rewards, you must have hive power. It needs time to build it and now that the price is low is a good chance to invest on hive.

What I have to suggest to you is to buy a delegation. With a small investment of 50-60 euro, now that the price of hive is low, you can rent about 8,000 hive power for 3 months. If you are voting at 4-5 minutes and before the whales, you will earn 3-4 hive power per day and within these three months, you will earn back the capital you invested to buy the delegation. I think that most of us can afford to spend 50-60 euros every 3 months to grow our account and our earnings rapidly.

And to make it even easier for you, I did market research in the exchanges and today I will tell you where it is advantageous to buy hive with euros using your credit/debit card. There is only one service that you can buy directly hive with your card so I will start by compairing the markets of binance.

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As you can see the most advantageous market to buy from binance is bnb where we can buy 253,1 hive with 50 euro. With a small difference, btc market comes second with 253 hive. At last with usdt we can buy 252.77 with 50 euro.

At bittrex with 0.006085 btc (50 euro) we buy 254.28 hive

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At huobi with 0.006085 btc (50 euro) we buy 254 hive
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At CoinDCX with 0.006085 btc (50 euro) we buy 254 hive
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At Probit with 0.006085 btc (50 euro) we buy 254 hive
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At upbit with 0.006085 btc (50 euro) we buy 257.6 hive

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At blocktrades with 0.006085 btc (50 euro) we buy 248.801

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And finally at moonpay that we can buy hive directly with euros with 50+5 fees we buy 248.35
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As you can see with 50 euro we can buy 254 hive at most of the exchanges. The cheapest price of hive is at upbit where we can buy 257 hive. The most expensive exhange to buy hive is blocktrades and moonpay. If you asked me I would buy bnb from binance and I would have changed them to hive and send them directly to my wallet. Then I would have bought a delegation of 7300 hive power for three months at the price of 264 hive.

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If you find a good curation strategy you will earn 2.5 to 3.5 hive power per day from curation rewards. Even if you don't earn the 264 hive that you payed, you will earn at least 180 but your experience at the hive blockchain will be totally different. You will have power to reward your friends and everyday rewards will come at your wallet just by voting during the day.
In my opinion if you want to invest at hive, it is better to invest on a delegation. You will have more power than buying the coin and if you find a good curation tactic I am sure that you will earn the hive that you spend to buy the delegation.

Posted Using LeoFinance



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4 comments
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Very usefull for begginers post!

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Thank you @venan!! I wish I had this knowledge when I was a beginner.

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