At Which Price Point Of HIVE Would You Rather Buy HIVE Than Try And Earn It Through Posting And Other Activities On Hive?
Some people will say you can do both. Well, of course you can. But both your time and your money are limited. Assuming you aim at growing your stake at a minimum rate per day/week/month, you can do it by earning rewards and/or by buying the tokens.
That proportion of earned and purchased coins per unit of time should be a function of the price if you go about growing your stake rationally. Of course, there are other factors, too.
Factors influencing that decision include the following:
A) The hourly pay at which you would be willing to engage in the activities
That is influenced by how much fun or otherwise fulfilling or compelling you find the activities. If you jogged regularly and made Actifit posts about your daily jogs, you would not be likely to stop making them even if you stopped earning on them because an immutable exercise log is valuable to you. An acquaintance of mine is a marathon runner. He mentioned losing a couple of year's worth of exercise logs which he considered significant because he was preparing for another season after a break in running. With his logs gone, he had to prepare a program from scratch. In this case, earnings would play a very small role in motivating content creation.
If you are a blogger or a photographer and your earnings dropped significantly, that might stop you from maintaining consistency even at the cost some discomfort in having to sometimes push yourself into putting in the effort. But many of us do what we do because we think we have things to say or because we're having a lot of fun doing what we do.
B) Other activities competing for our time and attention that may or may not be financially valuable
It might be worth your while to work extra hours to earn money for buying HIVE rather than work on Hive. You might also choose to engage in other pastimes if the monetary compensation for your time went down.
C) The level of support you're getting
How much your posts are getting voted on. Accumulating stake helps at that, too, because Hive Power attracts people on this platform.
Personally, I took up photography a couple of years ago as a hobby. I bought my DSLR nearly two years ago but I had been trying to improve my skills with a smart phone months before that. Because I like sharing my photos I might as well do it here because here you get a financial benefit for publishing your content depending on how popular it is much more easily than on any other platform in existence. I've never calculated the hourly rate of my Hive earnings. If I had, I'm pretty sure it wouldn't have been anywhere near even minimum pay in this country. That is a pretty solid indication that whatever I do here, I do because I love what I do.
I plan on posting art work on Hive. Maybe it will push me to create better and more consistent art.
I think Hive is low enough to start buying more now. But I will also earn too...
I'm going to watch Bitcoin very closely in the coming days, weeks and months. Whatever it does Hive will likely move in the same direction.
Never. As long as there is a small group dictating most of the shit happening around here I'm not gonna buy a single token. I was thinking at some point to even go all in with my crypto investment money, but no... Plus it's that inflation that discourages even more.
Some are buying, which will help improve the distribution over time.
I think going all in would be a very bad idea. There is another possibility, though. You can use a lending platform on Ethereum to borrow wHIVE or wLEO with ETH as collateral. You can then swap the wrapped tokens into HIVE and power up. That way, you can keep your other cryptos but gain access to Hive Power and get to control a portion of the Hive inflation.
What you should be mindful of is to remember to over-collateralize sufficiently in order to prevent getting your collateral liquidated if its value takes a plunge.
The overall inflation rate is much less of an issue people generally think. That's because by powering up and auto-curating you can pretty easily earn a 15% APR. There's also the possibility to swap your HIVE for Hive Engine tokens. The price of LEO has gone up tremendously last week. More importantly, the volatility of HIVE like that of STEEM is so great that it makes very little difference what the rate of annual inflation is. When the token is capable of going up 120x, you will not care whether its inflation rate is 10% or 5%. Similarly, a low rate of inflation will do you no good if the token can crash 80x in two years.