For the past few months, I have been consistently participating in Hive Power Up day. It is a great initiative to power up Hive every month. The content creators are already powering up 50 percent of their earnings from this platform. In addition to that powering up a little more can also be a great motivation to stay invested in Hive.
As a small contribution from my side, this month I powered up 500 Hive tokens that I had been holding for nearly a month to power up. I usually hold some liquid Hive so that if there is a sudden pump in the market, I can quickly make some trades. I have been doing this for the past few months. When Hive price hit 1$ recently during the start of Hive Blockchain this year, I did not have enough liquid Hive in hand to make some quick profit.
That is one of the reasons why I always try to hold some liquid in my hand so that when there is some opportunity, I can grab it. I noticed that compared to last month my Hive power already increased by 500 the last one month. Along with that after I powered up, it has now increased by 1000 HP. I'm going to continue powering up like this until I reach the 20k mark. I don't have any big plans after reaching 20k. But maybe I might think about diversifying my investment on something else after my target of 20k is reached.
I'm still optimistic about the growth of Hive considering the fact that we are still in the early stages of Crypto investments. There are still many big whales out there who are yet to get started with cryptocurrencies. Imagine people who are interested in content creation sites and they find out how promising the future of Hive can be and come in large numbers to pump the price of Hive. That can create a great value and great future for Hive.
People are already diluting their Hive and converting them to Hive Engine assets and tokens. Some of them are invested in fungible tokens like LEO and others that have a promising future and another part of the investment goes to NFTs that are available either inside the games like Rising Star or inside dCity. I guess that can be a great investment for the future.
Posted Using LeoFinance Beta
