A Tale of A 1000 HIVE: What I Would Do With 1000 HIVE

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(Edited)

Hello there,

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I'm excited to take part in this contest organized by the @BDCommunity as a way of fostering engagements and activity on the Hive space.


You know, it is one thing to have money but it is another thing to know how to utilize and maximize it. No matter how much money you may be given or you have, if used wrongly in an unprofitable manner, you may up end up losing all. But when channelled rightly, you stand to end even more.

Without much ado, I'm going to share with us what I would do with a thousand (1000) Hive coins, if I happen to own or have it. 1000 Hive coins is a whole lot to me and it could change my life and also impact that of those around me because of how I would utilize it. As at the time of publishing this post, 1000 HIVE is approximately about $245 which is also approximately a 100,000 NGN in my local currency. That's big for someone like me, I know it might be little for others though.


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With 1000 Hive, I would make some profitable and tangible investments in cryptocurrency. I started cryptocurrency as just a frealance blogger on Steemit but as time went on, I got to learn about blockchain and cryptocurrency as well as the numerous opportunities and benefits it has to offer. So, I decided to take my cryptocurrency journey to the next level by learning to trade cryptocurrencies. You would agree with me that crypto trading is one of the best digital skill to have. But without capital, having the skills might not be that profitable.

This is where the 1000 Hive coins come into play. Firstly, I will use 60% of it (600 Hive) to trade crypto and that is about $147. With that I will be able to buy some tokens like LEO and other alt coins with good potentials.

Having done that, I will then use a hundred (100) Hive to increase my stake on the Hive platform that is, 100 Hive power up. That will increase my Hive power as well as my curation worth per upvote.

Most importantly, I will use 100 HIVE to settle some of my bills and also my upkeep. Man's got to eat if he must continue hiving😃. More so, I will save/ hodl 100 HIVE for long term investment and when HIVE moons.

With the remaining 100 HIVE, I will organize and host a writing contest/ Hive initiative where participants get to promote Hive on other platforms both offline and online to have a share in the reward pool.


I hope I have been able to maximize my potential 1000 HIVE😎.


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This is entry to the @BDCommunity 's week one writing contest. Head here to participate!


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Image from @BdCommunity blog



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6 comments
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Sounds like a cool contest.

I would probably just power it up in order to reach my goal of 5000HP.

Posted Using LeoFinance

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Power up is cool but right now, that's what I would do if i have that amount

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I think you should power up everything & try to compound the profits. Nobody gives nothing for free & 100 HIVE isn't a low amount to give away in a contest.

With these low amounts, trading is not profitable IMO.

Take my upvote :)

Posted Using LeoFinance

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Let's just say that its how I would use mine.

Your opinions are noted

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That would be a wise plan.
I also get to learn more about crypto after Steem.
Good luck 👍

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