Thumbnail Image designed on Canva
In all the posts I have read on this platform, especially from the Leofinance community, they keep talking about Hive being a great investment Web3 social blogging site. Hive is a potential blockchain with numerous investment opportunities which one could invest in and be in control of them all. Hive is decentralized and that makes it different from other blogging sites. It is also a strong asset which can provide wealth for all content creators. In a post I read, the author mentioned Hive being a big basket with various opportunities which one can own and keep monitoring instead of spreading one's eggs in different baskets. What if those baskets aren't potential enough, what will happen to the eggs? Another interesting part here is that you are in full control of your investment where you can opt in and out whenever you want.
Thanks to Hive, we have various communities with its project and tokens. On here, there are ways one can invest — writing content to earn, creating videos, playing games like Splinterlands etc. In these ways, the tokens earned can be used to invest.
The Hive Crypto:
This Crypto is considered undervalued now because of its price at $0.35 which is a good opportunity to buy and keep for the long-term. Hive is a good project one can accumulate and stake in the form of Hive Power. The period of staking is 13 weeks. Apart from keeping this locked for the long term, you also earn curation rewards when you curate posts on the blockchain. This is the time to start accumulating the token because of the next bull run (2023/2024) Imagine buying a large amount of Hive at this present price, when it moons, that is a big profit for you. Staking your Hive means you are investing which is locked for a certain period and the best you can do is to stake for a long term.
HBD:
The Hive Backed Dollar is a stablecoin on Hive. It is considered an algorithm stablecoin which resides on the base layer of the Hive blockchain. This is another Crypto one can invest in by making use of the 20% interest rate in savings. All you have to do is to put in savings and it starts generating interest for you which you can claim at the end of every month. This is a big opportunity especially when you have a lot of Hbd kept in savings. The period to withdraw is 3 days and one can decide to keep it for a long term to keep accruing. Since HBD resides on Hive, it means no company owns it, it is beyond any outside entity controlling it which is why it is a good token to invest in.
The Second Layer Tokens:
These are tokens found in the Hive Engine wallet. The beauty of Hive blockchain is the ability to earn alongside Hive and Hbd other tokens which one can get when they use their tags in their posts, curate content, win in some challenges/contests etc. Examples of these good tokens one can invest in are Leo (the native token in the Leofinance community), POB (Proof of Brain), LGN (Legion), Bro token, LOH (Ladies of Hive), Neoxag, Vyb etc.
It is important to take these tokens seriously, buy them as they are still low and enjoy the profit when the prices go up. For example, the $LEO token is one good second-layer token you can buy and keep. You can also earn through threads, writing long-form content, curating in the community or on posts using the tag. Leo has reached an all-time high before which is $1 and it is possible to reach there again because the team behind it are working effortlessly to bring the dream to reality.
Hive is a wonderful platform with great potential. Even though it is considered undervalued now, the future will tell. As long as you are on this blockchain and making these tokens, you can decide to invest for the long term. This is all I can say on how to invest in Hive.
Thanks for your time on my blog.
Posted Using LeoFinance Alpha
https://leofinance.io/threads/princessbusayo/re-princessbusayo-2zj9umkax
The rewards earned on this comment will go directly to the people ( princessbusayo ) sharing the post on LeoThreads,LikeTu,dBuzz.
Congratulations @princessbusayo! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next payout target is 7000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out our last posts:
People who are yet to discover the hive platform don't know what they are missing. This platform is a blessing indeed.
They are really missing a lot and we that are here are lucky, sincerely.
Seriously, you have really convinced me better that hive platform is best place to invest , now I know what to tell my friends.thanks for sharing , so helpful
Yes, Hive is the best platform to invest on.
You covered a vast aspect of investment opportunities in hive. If anyone has offline income to take care of basic needs, investment here in hbd, hive , second layer token, etc.are beautiful opportunities anyone can consider.. and in the future, a millionaire will emerge through it
Thanks for dissecting this topic
I got value 😍
That is it. Hive is able to make one wealthy by utilising those opportunities for our advantage. Thank you for reading ma.
Second layer tokens are something that can Worth someone a fortune, just by using the right tags you will be surprised what's the value of those tokens earn by just using tags it's really encouraging to me as a person. Thanks for the reminder
Yes. Those tokens have the ability to make one wealthy if we utilise them well. Hive is amazing with this opportunity presented to us.
I also have read the post. It was the post of Bala. right?
obviously, Hive is the most trusted platform and it came to us with many possibilities. Just imagine if the Hive price reaches the price of 1 dollar and we don't need a bull run to see it. Just think about it and it will be enough to make us rich. I think we came here in a good time.
Yes, I think so. I couldn't remember the user's post. Thanks for that.
We are on Hive at the right time and we must continue to do our best while also saving Hive in liquid in case we see a surprise someday. Remember crypto is unpredictable...
Some persons are still yet to know about hive and this puts them in the dark
Yes oo. They are still in the dark without Hive. I hope they join too and see how amazing it is.
Yeah hopefully.