Gambling on Hive-Engine Tokens

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High risk = high return.

Yeah, we’ve all seen that truism. But it leaves out a key word.

High risk = potential high return.

You could also lose everything.

In the context of our Hive blockchain, there are a lot of different options along a risk/reward spectrum.

Probably your safest bet is HBD, at least nominally somewhat pegged to the USD. And with the upcoming Hard Fork 25, a fair to good chance that it may well stabilize in price in terms of fiat. And you can put it into savings, earning whatever interest rate our Witnesses choose. Not perfectly stable, but a fairly “safe” bet (low-risk, low-return) among the universe of Hive-related investing options.

Hive tokens put you in the higher risk, higher reward realm. If you believe in the long-term potential of the Hive network, Hive tokens offer the possibility of significant, and perhaps life-changing, gains over a long-term horizon. Yes, you could get rekt. We’ve all seen cryptos crash and burn. But Hive was birthed by Justin Sun’s attempted hostile takeover; if it goes down, it’ll go down fighting.

Staking your Hive rather than holding it in liquid form of course opens up the income streams of curation and/or delegation earnings, albeit with the risk of locking up your funds when the market might quickly move against you.

And then there’s Hive-Engine tokens...

With H-E, your risk/reward possibilities are on steroids. You could do much better than HBD or Hive, but you could also go to zero.

Granted, the vast majority (99%?) of Hive-Engine tokens may end up “in the dustbin of history” as forgotten shitcoins with zero value.

It’s critical to understand that they all are MUCH more centralized than Hive itself. A few (such as @spinvest’s SPI) are making plans to at least somewhat mitigate that risk.


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Hey, I grew up in New Jersey. By nature and training, I therefore tend towards being a cynic when it comes to human nature. There will be rug pulls. There will be angst and drama (does the recent POB brouhaha ring a bell?). And what happens if the one person behind the token gets hit by a bus?

All that said, some of the H-E tokens might have a bright future. LEO is of course the big megillah and happens to be my largest H-E holding. And I own LBI as a LEO “derivative” as well as SPI (which has Bitcoin exposure), CL as a Cub DeFi play, as well as EDS and EDSM as sources of a Hive income stream. And, as a speculative gamble, UTOPIS which currently has a high rate of return but is basically one guy’s hustle.

How much risk are you willing to accept for the possibility of enhanced returns?

Disclaimer: This should not be construed as financial advice. I am not a registered financial advisor; I don’t even play one on TV. Do your own due diligence. Batteries not included. Objects may be larger than they appear in mirror. Some assembly required. Do not taunt Happy Fun Ball.

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Badge thanks to @arcange

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6 comments
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I'm very confident in the base token of HIVE and also LEO and the related projects, such as CUB.

Some of the projects you mentioned such as LBI and UTOPIS have been amazing as well so I've been directing some of my funds there as well.

There a few other tokens that I collect such as POB, Vibes and Sports but to a lesser extent.

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(Edited)

What was the pob brouhaha? I saw that it took a big drop, but I didn't see what the reason was behind that drop.

Anyway, yep, I agree with what you wrote. A very sensible take on things. If we are entering a bear market—and despite what all the charting and pattern "experts" on here and youtube tell us, the markets do appear to be headed that way—then I wouldn't be surprised if most of these projects disappear.

We must choose, choose wisely. (can't go wrong with LEO, I say; though DEC has also proved to be surprisingly stable so far)

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What was the pob brouhaha?

This post and the reactions (including the price drop) to it.

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That was quite a read. I haven't invested there, just taking what I earn from posts, but makes me think I should power down and sell what I've made. Thanks for the link.

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Classic joke .. somebody need to "DYOR" before buying ,not after it.

PS: I stay away from dramw.

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I have been picking up more and more H-E tokens as well. Just a select few. I understand what you are saying about there being a lot of risk involved. I am also trying to build up my liquid HIVE holdings so I can move into other things when the time is right.

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