Investing in Hive is the way to gain Financial Freedom

Investment is always a complicated thing for many people because it's related to profit and loss. Investing assets in the right place is always beneficial and investing in the wrong place gives us loss only. So before making an investment, it's necessary to know where to invest and why? The answer to why is quite simple because the reason behind the investment is profit. But where to invest it's not easy to find for everyone and many people fear to invest thinking that they are investing in the right place or not. I think investing in Hive is one of the best decisions one can make. I am stating the logic behind my statement.

Let's talk about Hive Backed Dollar (HBD) first. In the case of investing the most concerning thing is profit as I said earlier. If anyone storing their money in the Bank then the Bank provides the highest 6-9% APR. On average the Bank provides less than 5% APR as well as I know. But if we save money as HBD in this Hive platform it will give us 20% APR which is multiple X profit compared to traditional Bank. According to the calculation, one should invest in the Hive platform if they consider profit.
In case of withdrawing money from the Bank take a long procedure and time. It is really irritating to see we need to wait too much time and follow the procedure to take our own money. In that case, the Hive platform is providing us with better facilities. We can withdraw our assets on the 3rd day and there are no complications and no accountability for withdrawing my own money. So isn't it better where it provides us more interest and more accessibility of our assets?

Now talk about Hive Power (HP). Hive Power (HP) means staked Hive token. Currently, the APR interest rate for Hive Power is 2.965%. I have seen it fluctuating between 2.82-3.02 %. Besides the staking Hive token as well as Hive Power (HP) takes 12 weeks to unstaking which is also known as Power Down. You might be thinking about what is the benefit of it and it's providing very little interest rate. Okay then let me explain.

Hive Power (HP) allows you to make influence on this platform. More Hive Power means more influence and more rewards when we upvote other's content. Do you know, you will receive 50% of each upvote as a curation reward? Suppose you are giving about $1 to a user then you will receive Hive Power (HP) as the same price value of 50 cents. It will increase your Hive Power (HP) and it will increase your vote weight as well as value and again it will increase your Hive power (HP) in a circular process. In this process, you can increase your assets very fast. It's like money makes money and more money makes more money.

Suppose your vote value reaches $4 at 100%. So in each 100% vote weight, you will receive the same amount of HP of value 2$. There are some other factors such as voting power which can regenerate 20% in each 24 hours. So within 24 hours, you may give 10 to 12 times 100% upvote. Just imagine you are receiving $2 of HP 10 times means 20$ in a single day. That means you can earn 20 × 30 = 600$ as well as the Hive power of 600$ each month. If you decide to power down 500$ of Hive Power (HP) each month and keep 100$ of Hive Power (HP) to grow more and earn more in the next month. You can save it also in savings, which will provide you with 20% interest. So you can earn 500$ each month without doing anything. At the same time, you will earn approximately 3% of the staking reward. Besides the price of the Hive token is low and it will rise up and it will be more beneficial to you. In these cases, you will earn and your earnings will increase with time. If you write them it will allow you to earn more.

Many wise people say that we should not invest all our assets in a single project. We should try to diversify our assets in different types of projects. The Hive platform is so wide that it also gives you the same opportunity. There exist many layer 2 tokens to invest. Some popular ones are LEO, POB, NEOXAG, VYB, CTP, PIMP, etc. You can invest in any project if you want. I must say about Leo token a little bit here. It's because the recent development of Leofinance is impressive. And the developers are working continuously to make it much better. So the potential of LEO token is more than my imagination. Like Hive Power (HP) there exist Leo Power (LP) which also works like Hive Power (HP). So I think investing some assets there should be a smart idea.

The Hive platform came to us with several games and It also allows us to earn a handsome amount. In the current time, Splinterlands is the most popular blockchain game here. There are some other games also which also allowed you to earn. In a word, you can earn for almost everything.

The Hive platform is a web 3.0 platform which means it's a decentralized platform. It also means that you are the owner of your account and nobody can take access or control your account. So in case of security issues, it's very strong unless you are doing anything foolish like sharing your private key with others.

So in a word, the Hive platform is providing all the facilities to achieve the financial freedom which we want. I think investing in Hive is the best way to achieve financial freedom.
By the way, It's not necessary for you to need direct investment all the time. You can start investing here just by writing, drawing, making videos, gaming, etc. Is there any other platform which can provide so many facilities at the same time?