Hive, is it a better investment then Bitcoin or Ether?

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(Edited)

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The Premise: It's a better investment

I was reading a post by @pouchon and wrote my reply to his reply this morning, and it dawned on me that we were discussing something I have always had in the back of my mind, but didn't completely believe it. I think Hive may be a better investment than Bitcoin or Ether. I pray that neither lightening nor Bitcoin Maximalists Strike me down for saying that... LOL

It began back in the Steemit days, when I discovered tokenized social media, i.e. Pay for Writing or Pay for Blogging, and as I learned more about author rewards, curation rewards, delegation, bid bots, etc it became clear that there were multiple ways to earn tokens for myself and others. You see Steemit and now Hive have two underlying core principles: abundance economy and compounded earnings.

Abundance Economy: Hive is an idea made real.

Scarcity and competition versus abundance and cooperation.

Hive is the realization of an idea that humans can create a money making economy where the rewards are NOT scarce, they are abundant. The Hive economy which is not based on a scarcity and competition where your GETTING paid depends on me NOT getting paid. But instead the Hive economy is based on abundance and cooperation, so by working together we BOTH get paid.

Now, Hive is not perfect. I must admit that humans are very smart and talented, so they can mess up even great ideas and programs! LOL
But in general this economy here works very well.
It sounds lofty and utopia to call it an abundance economy, so I just call it win-win networking.

Compounded Earnings

The second core principle that sets Hive apart from many other projects is that the return on your investment is compounding and it might even be better than Bitcoin or Ether.

How? Daily compounding...

...compound interest is one of the eight wonders of the world.

On Hive my initial investment makes money every day, and if I reinvest my earnings into my stack, I then earn daily on my initial investment and my earnings. If I keep reinvesting my earnings every day, I am making or earning on my initial capitol, my first day’s earnings, my second day’s earnings, my third day’s earnings and so on and so...

I basically am making money on my capitol and my interest, so it is compound earnings. This compounding is math what takes two pennies and doubles them daily, giving you five million pennies in 30 days. And no you won't get five million in thirty days, thats not my point, my point is you can compound your earnings and build your stack at an astounding rate.

Perspective

  • Savings Account
  • I get 2% per annum and it doubles not in 50 years from Simple Interest, but 25 years from compounded interest.
  • Stock Market
    I get 10-12% per year in the Stock Market and my investment doubles in not 10 years from simple interest, it doubles in 7 years due to compound interest.
  • Bitcoin
    It doubles every two years, depending on what you read, and who you believe. I suggest you read the blog of @edicted for multiple articles on Bitcoin doubling and it's longterm growth pattern. It is a good longterm investment. You just hold it, and forget you have it.
  • Hive
    I think most can achieve 35% yearly return on Hive return on your investment. So instead of doubling in 3 years with simple interest you could double in 1.5 years.

It’s complicated because there are so many ways to earn. Plus overall return varies depending on so many factors, like how much additional Hive you buy each month, and your effort creating content, tailoring your content to the needs and wants of the community, your luck in attracting whale votes, your skill and persistence at networking by commenting on other peoples blogs to create relationships and interest in your work, and quite frankly luck.

Example:
I started out on Steemit and built my stack from a few hundred Steem to 60,000 plus Steem in a two years, posting daily and buying Steem every time I got paid.

I followed the simple script of posting daily, responding to commenters and going to the blog of all my commenters and commenting n their posts. Plus I used delegation, as a means of insuring my money worked harder than me. In simple terms I delegated some Steem to groups of people working 24 hours a day to upvote posts, so that even when I was sleeping my Steem was upvoting peoples work and earning me curation rewards. This netted me upwards of 35% return on investment per year alone. This doesn't include rewards earned from authoring or writing posts or Bid Bots.

But it didn't stop there, as my Steem stack grew my author rewards grew and my curation rewards grew too. It seems that as I grew my stack I attracted larger stake holders and my author rewards grew, and as my stack grew, my curation rewards grew. It was a different type of scaling than you usually encounter in business.

  • It was social media scaling for lack of a better term.

Last thoughts

I think that the abundance economy and compound earning here on Hive may be one of the great wonders in the world of cryptocurrency. Plus unlike buying something and waiting, hoping and praying the price goes up to earn money, here your Hive makes both passive and active income, and I feel like I am more in control of my destiny. And quite frankly, my investments in Bitcoin and Ether, seemed to go up and down in value, and during the horrible 2 year bear market my Bitcoin and Ether just kept going down in value. The final result was a much better return on my money here, then in any other investment. So but I just kept stacking or accumulating Steem and soon I was making 50-100 Steem per day. It was fabulous. But then I pulled it all out and bought Bitcoin, and Bitcoin raced to 65, and then fell to 30k. I was back on the Bitcoin roller coaster.
And the rest of my Steem stack, I transferred to Hive and started over; writing posts, upvoting, delegating, commenting and building up my stack.

Today

Today I read @pouchon's article, which I place a picture of below, and I had to ask myself, would I have been better off not buying that Bitcoin, and just kept building my Hive stack? Bitcoin is a wonderful longterm investment, and I definitely want to own some. But it doesn't earn me any money every day like my Steem did and now my Hive does...

I know my Bitcoin marches steadily towards 100k, but compared to my daily earnings on Hive, Leo or other Front Ends, my Bitcoin appears to be standing still, or standing, falling down, getting back up, standing, falling down, getting😃 back up... You get the picture?

Ha Ha Ha... maybe I am kidding myself, but I really think my money would have better kept here on Hive.

What do you think?

@pouchon's article:
Screen Shot 20211027 at 8.32.34 AM.png

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28 comments
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(Edited)

Bitcoin doubling in price every two years is cool but once you sell it, no more btc. Now what?
Whereas hive is a revenue generating asset. No need to sell in order to get paid.
To me the choice is clear.

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(Edited)

Absolutely!
I think this idea was in the back of mind and I believed it, but was afraid to speak the words.
I think thats what also attracts me to decentralized finance, daily income, I think thats why @mcneal said defi is the new selling... Hive is like defi, but it was defi before defi was cool

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HIVE can not be better than Bitcoin because Bitcoin has dominate the whole world while Hive are know by few people. Many countries are accepting BTC as their Means of transaction but Hive is only use in leo finance. Means leo finance need to make people to know about the site.

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I disagree with your statement.

Bitcoin is a "store of value" and its uses are limited to: Buy, Hold, and sell.

Also I disagree with your statement of "hive is only use in leofinance"
I'm sorry to say you are terribly misinformed.

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I agree that Hive offers a bit more control. It's different from Bitcoin, however, in that it has a built-in method of earning more. Bitcoin just holds value. You have to figure out ways to earn yield.

For me, I've bought most of my Hive stake. I haven't the time or patience to build up organically. I'm contemplating additional buys too. It's like a candy machine where you put in a coin, turn the know, and get out the treat. I can put in my investment, tap on the keyboard, and get rewards. The more coins I put in, the more rewards come out. Except that if I need my coins back I can pull them out too.

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Yep Yep
One of the beauties of Hive is a choice of how you make your money, but the bottom line, as you put so well with your candy machine example is capitol stake goes in, dividends come out and you can withdrawal your capitol anytime, it isn't consumed by the process.

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What you mention is only HIVE and not including the gaming or 2nd layer earnings like LEO. So HIVE is definitely a great investment.

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Yep Yep Your absolutely right, in addition to Hive earnings, theres earnings from tribes like Leo, Proof of Brain, PAL, Neoxian, SPT, and more... The return on your investment just keeps growing, so it's hard to calculate

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I think that we are currently in the assembly phase and have not launched yet


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I agree, we are building momentum towards another big jump in price.
Tighten your seatbelts Hive community, lift off is coming...

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I will have to say a very bold statement. That is a risky one to make for this reason:

As optimistic as I am on Hive, I do not discount any of the possible Bitcoin price targets set. It could moon like people say.

Also, I believe Hive will have a bigger use case than Ethereum, that does not mean the token will not do well. There is a lot of money around Ethereum and will continue to be. Hence the fees are no big deal. Even though I see that as a banker chain ultimately, it is something that will end up helping the token price.

Interesting thought process. There is plenty of upside in Hive and the use case a great deal more in the future if we get what is being developed.

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Hi @taskmaster4450le

Yes, I admit this is a very bold statement. :)

My dad use to say "...go big or go home." LOL

No lightening so far, so, so far, so good. :)

And yes, Bitcoin could moon and make many people rich.

And yes, Hive makes people money everyday, and as you say there is so much potential here on Hive, so Hive could be so much more one day.

And yes, much of what is here is not yet present on Bitcoin.And there is more yet to come here on Hive, if that which is in development is delivered.

Yes, Hive has a bright future, and a bright right now, as the present looks sunny and bright.

But, I am comparing it to Bitcoin, so I appreciate your comments. :)

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At this stage in the game... Hive is a better investment than almost any project. Still at rock bottom prices... 2nd most active blockchain based on transactions / day.

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It's always been and will always be. I had realised this hard way loosing thousands on Cryptocurrency Investment. But Here on Hive we are actually building real wealth. Tons of opportunities here, why even bother to look other way. Leofinance, Hive Engine, Tribaldex are home to great investment opportunities, not to forget a stable savings HBD Account, CUB DeFi, Tribaldex diesel polls, so many Promising token like UTOPIS, BRO, !PIZZA, LEO, POB and many more. Hive Blockchain is the Best and For me it's the new Bitcoin. 😊🙏

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Once I thought BTC was doing better than Hive.
Personally they both are doing different jobs.
I am pleased with both.
As you mention Hive you know what you get in a daily basis
I hold both and Hive is my darling for the sake of seeing what you said and slowly grow my Hive pile, not much the price tag since this is relative to the market.

!BEER

Thanks for the notice.

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Hi @pouchon
You are my constant reminder to keep stacking!
You faithfully observe Hive Power-up Day
And post about it to encourage others.
Your success is an example of the rewards of investment consistency and faith in a project with utility, development and community.

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