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RE: Powering Up - An Honest Analysis of Hive that Once was Steem

in LeoFinance3 years ago

Hi AshTv

Yeah, I try and look on hive realistically. Keep a balanced perspective and all that lol

Buying hive and powering up right at a current bottom may be a bit of a gamble... but everyone I've ever seen who has become rich off the back of alt coin investments have one thing in common. They bought near to bottom prices and then laddered out after 100 or even 1000 X gains.

If I had bigger cojones I might consider putting 4-5k into hive but BTC feels like a safer bet to be honest. But that won't stop me buying more hive if I see real strong indicators of momentum that hive is on its way up. The increasing censorship on mainstream social media might just tip the scales in out favor ;)

Thanks for reading and commenting on my post :)

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No worries, thanks for the write up.
I think I found you because if someone’s re-share.

It struck a note because I’m potentially thinking of buying some up again... it just seems like a right time.
I’ve either got a pal who is selling his HIVE and I’ll just buy that, or maybe it’s better for the platform if I buy in ‘new’ coins... (although I’m not entirely sure how to do that)

Also my big block for buying more is also HOW when the time comes do I quickly and easily cash out my liquid HIVE.
I’ve never used my Binance/Bittrex account to deposit or withdraw yet.

Anyway, your post gave me good food for thought on my investment. Cheers!!