Of course we have seen the prices of both Hive and LEO tokens peaking. It is one of those things, bear seasons don't last forever so also is the bull. It seems the deflationary system of Leo tokens currently is giving so many green candles. I must admit, we always love to see green candles, maybe actually not ALL, some will be feeling it should have waited just a little for them to accrue more before this pump.
Bitcoin is still operating in its wonderland, we shouldn't be too surprised anyway. Ever since this project was taken over by institutional investors through ETF, it has been sailing smoothly. From a means of transportation as was assumed by commoners to NOW a virtual gold to big investors. We have to admit, the masses have lost Bitcoin to the big names. How many of us have Bitcoin sitting in our portfolio? Maybe a fraction or thereabout. Soonest I am sure you will have to let go, maybe at $150,000 or strong Enough at $200,000. Maybe you are that Die Hard, will you be able to resist $500,000 dollars?
This is where it boils back to where the crypto faithfuls should be anchoring their hopes. Of course it should be the altcoins industry. Many are citing Ethereum to pull such performances like Bitcoin overtime. I feel if it does, it may still end up at another takeover, Nevertheless, at least new millionaires will be minted. You have to admit this is very crucial, the future of altcoins and web3 put together will be reliant on financing. A lot of infrastructures still needs to be put in place for this ecosystem to garner much stamina.
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Coming back to the Hive ecosystem, there were times Hive was worth $3 dollars or thereabout. Ok, I wasn't here by then, it has dropped to the cent trading price mark. I know! I know!! I know!!!, not that encouraging. Many will claim they’ve been on a long loss yet if you do your proper calculation the reverse is that case. You know many are just price dependent rather than being reward focused. Bitcoin thrives on price, Hive thrives on yields; this is what I am personally seeing.
The question of ‘is Hive a good investment opportunity' is a matter of ‘how long can you stay to profit off this ecosystem’. If you are those that think and execute short term, this platform will definitely not be rewarding. Every blockchain had its consensus mechanism and maybe it was not stated in the white paper but my personal research proves Hive users will grow through a compounding effect. You need to take some time and go through some big accounts atimes to stay encouraged. Some have been here for more than 6 years even before Hive Broke out from Steemit.
So what is my emphasis here, think long term. Without this, you will never be a successful investor. It was one of those conversations I read about how Jeff Bezos asked Warren Buffett how he has stayed very successful in the market. His answer was simple, while others jump in for quick gains, he stays long enough to discover good gains. It has been one of those attributes I am planning to exhibit too. How can I stay on every investment opportunity long enough to compound?
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Have you seen Leo tokens kicking? A wild Rush indeed. Where will it be in the Next five years or ten? Have you ever considered such an opportunity to hold on to as much as you can? For me, it does not really matter if Leo hits $1 dollar or $10 soonest. Many are overlooking the advantage of holding a yield token. I mean, you have a hedge here, everyday, your tokens holdings keep increasing even at fluctuating prices.
To conclude, let me add, patience is needed to make the most of every investment opportunity. The time to sell is not always necessarily during green candles. Make sure your compounding capital continues to grow. Blockchain technology, crypto and web3 will be a life changing opportunity. Many have already witnessed this already. Do you know how much worth of Leo you will have if you can acquire at least 500 weekly? We are talking of 120,000 Leo tokens in five years.
Where will the price be by then, add it up and you will be seeing yourself in new financial grounds. How many companies can pay such ROI’s? It will be that same story with Hive. As we continue to add value to the Hive ecosystem, I feel the best way will be to stay long enough. Long term is the best strategy in every investment unless you are just a financial gambler.