Gamefied money
Investment is s serious thing, one wrong step and you could be staring down the barrel of poverty. I know people that have made errors that rekt them. Some people came back stronger while others couldn't and that's unfortunate.
On hive, I feel a certain amount of safety that in some way is built into the system. Most times it basically feels like the system is specifically designed to protect you from loss, as long as you have some understanding about how it works of course.
Insulated by inflation
Just like Bitcoin, Ethereum and other blockchain projects out there, Hive operates on its own inflationary policy.
Every year that passes, the amount of Hive minted will reduce until scarcity becomes an inevitability. Throw in burn programs and Hive that will be lost on-chain, and you'll get the picture.
Hive is mined through the combination of proof of stake and proof of brain, but we all knew that. That feature added to the inbuilt feature that ensures you earn dividend from your stake means that Hive is probably the safest crypto to dive balls deep into.
Again, it is all about understanding how it works and you'll realise that regardless of the price you buy Hive these days, it is still fundamentally a good investment because you bought a scarce commodity.
Also, the fact that you can casually and nonchalantly recoup any "losses" through slippage, FOMO, etc that you accrued during the trade is also something that doesn't get talked about very often.
I stake a bunch of coins on other blockchains and they're restrictive, predictable and consistent. Staking on hive has a different approach that we all know about and that's what makes it interesting.
Through a basic understanding of the chain and some work in curation, you could literally earn back your losses.
Now it's not a perfect system of course but at least it's working to an extent. Could it be better? Yes and with the passionate community behind it, I think it will eventually achieve its target.
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It is undoubtedly a good option to consider when investing, although nothing is certain in investments if one has solid projects with growth potential, investing little by little while it is at an excellent purchase price is a wise decision, hive is one of my favourite projects for possible investments.
It certainly is. I think it translates a bit to Steem but there is lack of development work going on around here.
Investment is just definitely unpredictable, it needs a lot of study and calculations to point out, it feels safe around here too
Yes it certainly does
I think it's really advisable to be very cautious about one's investment. I really don't just invest in anything without making that proper research.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead ❤️💕💓
Thanks. Have a great day as well
The concept of investment is not fully knowing the unknown but believing in the unknown. I believe hive has a great future also
Investing is risky, Investing in cryptocurrency is more risky and trady is high risk highprofit. One of the safest of investment tends to be Steem and Hive. At a point, a friend of mine called it a stable coin as it isn't really volatile but then, cryptocurrency investments are volatile and should be treated with caution.