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RE: If Hive were to hit $10, how much would you keep?

in Ask the Hive7 months ago

The ultimate goal for Hive users should always have enough coins to ensure that they have "infinite" bandwidth. Interestingly enough even 1000 HP gives more than enough credits to do anything a user wants, however just to be safe 10k HP might be a better target to account for RC inflation.

If Hive goes to $10 I'd have to "sell" 50%-90% of my stack. Of course by "sell" I mean store that value outside the network and hold it in a safer place in case of a crippling bear market. It would be foolish to assume we could create a floor at $10, and users that care about this network should be selling if only to defend a higher floor than 25 cents. Something like $1-$2.

Lucky for us we have access to HBD which allows us to "sell" Hive but still keep that value in the network by increasing the demand for our debt. Other than that USDT and BTC are probably the way to go.

Hive went x30 last bull market from 10 cents to $3+
An x30 from 25 cents would be $7.5, so not too far off $10.