HIVE is once more down to just $0.20. I’ve been taking advantage and buying. This always puts @exyle's old posts in mine. It seems like at least one of his posts every single week would be titled some variation of “Well, I bought Some More Steem”.

So yeah… again. We’ve seemed to hit this low at last once for the past few years. And every time we do, I post something like — and I’m sure most of us are thinking — “let’s hope we never fall this low again”.

But — once again, here we are. Again.

Well…an immediate good point of this is that HIVE is cheaper to buy. If you believe in HIVE — if you believe that this blockchain can weather the storm, survive, and thrive, then this lower price is an amazing opportunity to buy in. Just buy $100 in from your paycheck, and you can buy 500 HIVE. That’s pretty good! Just think about the possibility of HIVE returning to $1 one of these days. That $100 investment will turn to $500, giving you a $400 profit or 400%. That’s the kind of gain that investors on Wall Street only dream of.

Is it likely to happen? I don’t know. We’ve been at $1 multiple times in the past. We’ve been as high as $3 before. On the old chain we got up to $9. It wouldn’t be unheard of to float back up to towards $1 — or even beyond.

Hive still has a lot going for it. We have a decent blogging engine. True, it doesn’t hold a candle to WordPress, but for people who don’t care about the bells and whistles that WordPress offers and just want to write, the Hive blogging engine is almost perfect.

True, also, you can make a lot more money blogging on Medium or Substack — if you make it to the A-list. If you get there, you can earn more than a livable salary. But it takes a lot of work and more than a little luck to make it to that level. Anyone not at that level is making very little — and would likely do far better here on Hive.

Hive is also censorship-resistant. People can downvote you. They can mute you in certain communities. But your post is still there. No one can delete it or remove it. That’s a pretty solid feature.

And we have a wonderful community. It’s small enough now that you can almost get to know everyone — or at least become passingly familiar with most. Of course we’d all love to see Hive grow. But as long as we’re here, we can enjoy a small community where everybody knows your name.

https://www.youtube.com/watch?v=lQpL5ZLQHyw

And remember: the more HIVE you buy, the more influence you have. The more you can reward others with your upvote. The more you earn from curation. The more you matter here.

Overall, I’d say it’s a pretty good gamble. If HIVE does go back up to $1 or more, we stand to make money. And if not, well… at least we have a great platform that we can get enjoyment from.

So be quick — go buy some HIVE while it’s cheap. It may stay here for awhile, but it also may jump back up tomorrow, so take advantage while you can.

❦

【Support @dbooster with Hive SBI】

ericvancewalton