Good morning everyone. I am a psychologist .Today I want to write to you about our beautiful Hive blockchain coin. Is it the only currency that generates value?
So, to answer this we must think about how we make money from bitcoin and the other cryptocurrencies. The only way we can make money with bitcoin, for example, is to buy at a price and sell at a higher price than we buy. This is true of virtually every cryptocurrency traded on the market.
However, with hive it's different, we can win in a few ways:
Valuation: here, we do the same thing as bitcoin. We buy at one price and sell at a higher price than the purchase price. Hive currency is valued now, as I write this, at around $.050. It already cost 4$. So, those who want to appreciate in it can buy now and wait for its price to come back to a higher value.
hbd interest: here we can turn our hive coins into hbd. There are a few ways we can do this, which I will mention in another post. What we should know here is that, after converting hive into hbd, we will be able to put the hbd in savings and earn 20% interest per year with it. This form of earning does not exist in virtually any cryptocurrency.
Lastly, make money with hive power. Here, we stake hive and acquire hive power. With this, we will be able to vote on other people's content. With the vote, we will have part of our vote returning to us in the form of more hive, that is, we will win hive by voting on other people's content. This is yet another form of interest that hive can give us.
Also, we can use the hive blockchain to write our content, as I am writing now, and if people like it, they can vote for our posts and reward us with hive power and hbd.
So folks, this is the value generated for people who own the hive cryptocurrency. For me, it is bigger than other cryptocurrencies, which have a return only in their appreciation.
I hope you enjoyed.
Good afternoon everyone and until the next post!