Is it too late to get into HIVE/ your selected CRYPTO?
I was asked this question earlier today. Honestly, nothing wouldreally surprises me these days! I mean, any types of questions or rumors related to crypto, does not seem to startle me. In fact, I tend to enjoy them as much as possible! Which is far more relaxing and I could stay without any sort of tension. As when you see the market up close for some time, the trend of UP and down does not seem to affect you that much in long run!
Now, coming to the big question of HIVE!
Like many people/users, I successfully witnessed HIVE reaching its ATH, also as low as possible over the couple of months. I can not speak for others but all these time, I saw it as an opportunity to collect as much HIVE as possible. Why, You ask? As I know HIVE will reach the ATH once again and not only it will reach it but also break that wall ASAP. This is not just a mere speculation based on a hunch. There are some concrete resolution behind it.
Did you notice the transaction FEES of ETH? Yup, it is skyrocketing as we speak. One single trade and you are going to loose above $10 or sometimes $100 or even more. On the other hand HIVE is instant and that even without Transaction fees. BSC has been evolving due to that and taking the advantage of that particular situation. The ECO-system of BSC has improved significantly over the past couple of months. Binance does has their way out when it comes to make a coin/project get the usability on their network.
What if we can adopt that usability on our CHAIN and make our ECO-system much more effective than any other chain available atm. HIVE would be the mere and only blockchain to utilize funds and assets without hampering the buyer and seller in terms of transaction fees. Which is the ultimate key atm. I checked an ETH wallet address of mine and was shocked to see the amount of ETH I paid for gas fees, literally made me go into shock lol . See for yourself
Whereas, on HIVE so far I have paid $0, I repeat $0 in terms of transaction fees so far. It is for you to decide which is better ;)
We definitely need outside investment. Thus going out for other ways to support our coin. Uni-swap seemed a very promising way to make outer investment flow in on some tokens of ours, such as WLEO. But the transaction fees of ETH is restraining growth of WLEO tokenomics. Last time I checked this was the situation. See the liquidity? And now noctice the last 24 hours volume and how many transactions made! This is all being manipulated just because of the price of GAS fees. If only there were less fees, the scenario would have been a lot different.
Like I said, present value (in terms of price) does not determine the value of that token. It is the background and the future movements which decides the actual value of that particular coin. For starters HIVE is just a year old baby in crypto. It has so much more to develop and so much more to attract users, investors, developers and so on.
So before saying is it too late, ask yourself why not now! DYOR and you might get the answer faster than you really think ;)
Keep Stacking FOLKS! Good days are ahead of us!
Best regards
Rehan
Posted Using LeoFinance Beta
I have a couple of BAT tokens I cant transfer, do you know why? Transaction fees is why. Hive fixes this. Hive is a gem
I am a noob about BAT ;)
But I still can't access my Uphold account and the support is not responding the way I wanted to. So it is a no go for now but BAT sure has some great news upcoming and worth having them in portfolio!
Posted Using LeoFinance Beta
Well then...just hodl
Posted Using LeoFinance Beta
It's funny, I've been on this blockchain and it's dirty stepfather since the(end of the) last bull run and I have every faith that is going to stand the test of time and grow to fill it's awesome potential. On the other hand... I bought in at something like 3.50 as I was brandy new to crypto, knew nothing about market cycles and just thought the project was awesome and wanted to be a part of it. Even though I made that money back plus a little bit with blogging rewards and whatnot, after watching that little investment steadily drop away to nearly nothing I guess I've been hesitant about investing money here again.
Posted Using LeoFinance Beta
With all the ups and down over the years, it has been nothing but patience and belief which kept us going in on crypto. I know many people who went out of crypto after the big crush. But I must say lucky are those who went ahead and are still here will witness the glory.
Patience is the KEY to all the glory! Just take the right step at the right time.
Posted Using LeoFinance Beta