HIVE coin is one of the best investment in the cryptocurrency. One of the main reason is its finest project and the ecosystem which allows you for blogging. There are many people who are confused about their investments within the crypto space.
But what I say is to invest in the #hive coin because of its ecosystem which has the brighter future ahead. The good thing for the #hiveians are that we have 2 investments within the #hive ecosystem.
Once you have invested in HIVE you can further diversify your risk. This is really a good option to always keep your investment less at risk. Also a famous saying about diversification is that "Never put all your eggs in one basket"
When you open your #hive wallet you will see three options for the investment, transfer and long term holding. Hive in liquid form, HIVE POWER which is your influence in the ecoystem and the stable coin of this platform which is the best coin for investment.
There are many strategies that can be applied in the #HIVE ecosystem for the purpose of earning. Also there are strategies where you can further diversify your risk. Once you have invested in HIVE you can further invest in the ecosystem to reduce your risk level.
Its my preference to always invest in all three of the options such as Liquid HIVE, HBD and Hive power. This have some reasons one that you will diversify your portfolio and there are many other reasons which I will discuss.
Let suppose you have $1000 worth HIVE coin, divide your amount into 3 parts equally and convert them in all of those options that is HIVE, HP and HBD. Investing one part of money in liquid hive will allow you to sell your coin any time when you see a good price.
The Ultimate Investment Strategy for Reducing Risk and Maximizing Returns
There are some times when the price pumps but if you have staked all of your hive then you will not take the benefit of that pump. Just like recently we see a good pump and if you have liquid hive you will have sold all hive and rebuy at lower price.
Keeping amount of money in HP will allow you to get influence and get engaged in the platform with other users. This will help you increase your friends and post rewards because those people you will upvote you will surely get vote in against.
HBD is the stable coin which is also a staking form and can be unlocked in 3.5 days. The current APR for HBD is 20% which is just awesome. This is a kind of passive income which will give you easy income without effort.
These are the three ways which you can diversify your portfolio and divide your risk level. Your reward will also be divided which is profitable in all ways.
What do you people think about further investment in the hive ecosystem and what are your current holdings right now? What you prefer the best investment to be either liquid HIVE, HBD or HP. Will be glad to see your answer in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
NOTE: IMAGES ARE EDITED IN CANVA.
HIVE LOGO TAKEN FROM HIVE.BLOG
Thank You!
Best Wishes.