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Greetings IndiaUnited community. Today I am going to participate in a wonderful competition for you. The topic of the competition has been decided,
What is your plan if the price of Hive reaches $1?" I am here today to share a post with you on this wonderful topic. I am going to participate in this wonderful competition by answering some questions as per the rules of the competition.
Your first reaction if Hive reaches $1
There are many users on the Hive platform who cannot do much work just because of the low price. To be honest, I am one of them and I am not doing much work on the Hive platform because of the low price. However, if the price of Hive reaches one dollar, then it will be a really great thing. Basically, my first plan will be to take a strong position and create strong content while maintaining activity. Although I am creating strong content now, my account does not focus on creating good quality engagement. If the price of Hive token reaches one dollar, then I will try to increase activity continuously and along with this, I will give enough time to increase engagement.
Sell, hold, or power up — and why?
I think the price of hive token is one dollar, it is like a dream for us. If ever hive token reaches one dollar, then I want to sell all the tokens I have. Because I have never seen such a great price before.
Currently, the price of 1 hive is only 7 taka in Bangladeshi taka. When its price reaches $1, it means 125 Bangladeshi taka. That is, if I see a 20-fold increase in price, then I will definitely sell my tokens. Along with selling, I will increase my account activity even more.
However, it will never happen that I will power down my amount and leave the platform. This can never happen. Because I have to earn as much income from here as possible while maintaining my normal position. I will definitely sell them and create new ways to earn income. I will always create strong content and strengthen my position by increasing engagement.
How would $1 Hive affect your goals or lifestyle?
Hive costs one dollar and it will have a very good impact on our lives. Currently I am spending 24 hours blogging with Hive. Although my focus is a little less on work.
However, when Hive reaches one dollar, it will have a very good impact on my life. Especially, I will become financially independent.
Now that the price of Hive token is very low, I can still sell it for about one dollar every day and it is about 125 Bangladeshi taka. When
Hive's price reaches one dollar, my income will increase by about 20 times. Then my focus on work will increase and it will have a very good impact on my life. Especially, all the financial crises in my life will be eliminated and I will become financially independent. I think it will have a positive impact on my life.
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Can Hive go beyond $1 in the future?
As far as I know, hive token used to have a very high price. The price of a token went up to about $15. Currently, due to the bad situation in the world, the price of hive coin has dropped significantly. However, I think that the price of hive token will reach $1 in the future, it is not unusual. Because no one can say when and where cryptocurrency will hit. However, I think the chances of hive are good and it will cross $1 in the future and it is not unusual.
How important is the community in achieving this milestone?
Basically, if we want to make the hive platform stronger and increase its price, then we must play an important role. Especially, we have to join the burn project. About 25 percent of our income has to be brought under the burn project.
We have to reduce the supply and the payout should be slightly lower. If the supply decreases, the price will increase and this is the natural religion of a market.
However, if we want to increase the price of the hive token, then the community plays a very important role. Because this small community-based platform will move forward one day and we will be able to become good quality bloggers one day. A new blogger can understand everything only if he comes under a good committee. If he understands everything, understands about prices and inflation, it is possible to do something good on the hive platform. I think the role of the community is very important in achieving this milestone and it helps to strengthen the entire platform even more.