Yes, I do give hive a hard time and have for the last few years. But know it comes from a place of love and care and that I want to see the best for this blockchain. I wouldn't be spending 2+ hours here daily (often a good solid 4+ hours) if I didn't love it and believe in it. But it's not so much what I personally care about it's the vision others have of it and the slow stagnate growth that hive has had in terms of user growth/retention, application development and simply wrong branding only promoting it as a place to come and earn.
However I'm turning a chapter now and with hive prices being rather dirt cheap including some of the application projects I believe in being dirt cheap now feels like the time to be doubling down and investing.
*this article is for entertainment purposes only and is not finical advice. Do your own research before investing and understand the risks.
Hive Itself
Hive prices are near starting prices which ranged from $0.10-$0.13 so a stagnate price around $0.16 - $0.18 like we are seeing now feels like growth but all time lows to me.
This can be looked at as many as a negative thing and sure it is it means we didn't really move the needle once it pegged to an ATH of $3. That should give us enough reason to look at core values and what's going wrong that it wasn't able to sustain those levels.
However on the positive side is it gives everyone a fair playing ground to get on the ground floor again before the next possible big push. Last time the big push came in I only had roughly 50k hive. However I now have over 116k hive powered up and I'm looking to expand that rapidly into the next year. The goal is 150k but I'd honestly like to reach levels of 300k - 500k
The Applications
I firmly believe as more development happens on hive that the hive price will grow. This is because of a few things. Just general publicity the applications give to hive as people explore.
The second is these applications also have economies themselves and if done correctly can have massive benefits not only to themselves but also to the hive blockchain.
Applications which I am currently supporting the most would be the likes of Splinterlands and gearing up for Holozing. Just take a look at Splinterlands governance token SPS. I've gained 22% on it in just a few days and stacked up to nearly my goal of 1 million total SPS on the account.
But there are plenty of smaller games in there as well and other applications outside of games. For example GolemOverlord has actully been producing some serious amount of users and updates to their game.
Applications like these can bring a lot of value and even ones that are not games like InLeo has a great onboarding method to get people into threads like style applications which people are use to. It's also introducing new features which if done right with a solid UI and design concept could become popular as well via LeoShorts.
This not only brings in new users but it also expands them into earning on hive, investing and even building their own projects on hive. I'd even say it's expanding hive into other blockchains as well via swaps and other features on LeoDex.io.
The Push
For me this is a great time to invest in something that could be massive in a few years time. It's also an opportunity I feel for others to start stacking! Stacking during times of all lows is when it's the hardest mindset wise but makes the most sense.
It's also time to start building so various projects are currently underway outside of investment. However a bulk will still be investment towards new projects as I build stake in them. There's also three core things I want to do by end of year. Run a hive node, a hive-engine node and a VSC node. But not to just run them but for them to actully be profitable as well.
Posted Using InLeo Alpha
