Risk Less -Investing On Hive - +3 Success - IAAC #222

in I Am Alive Challenge2 months ago (edited)

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Hi there and welcome to my vlog, my name is Erik Gustafsson and I go by the handle @flaxz on 3speak, CTPtalk and Hive.

Risk Less -Investing On Hive - +3 Success

In this video I talk about Plus 1 Success and it's day 3 so also +3 Success.

On day 3 we are encouraged to take a big risk, and as risk is usually about investment, the biggest risk I have taken is investing time and money into Hive And CTP, and I will keep on building on it.

I also talk a bit about that if you are on Hive and you are active with posting, engaging and curating you have kind of a basic income on Hive, and that will stay regardless of what you are investing your tokens into.

Now if you buy dCITY cards with it for example, if they close down and do an exit scam, not likely but just an example, you only lose what you have invested with your income on Hive, there is no debt here and your basic income stays the same.

If you delegate HP to a project and earn a return on that, either through Dlease or directly, and the project shut down your stake is never at risk, and all you need to do is undelegate it.

So these 3 factors alone or put together makes investing on Hive Risk Less in the sense of being less risky than fiat, because in fiat you will most likely go into debt to make the investment, and on Hive we do not have debt, it's money without debt.

This disregards that the price of Hive itself moves up and down, so think in terms of 1 Hive equals 1 Hive, and do your own research before investing.

Watch the video to get more details.

I Am Alive - Day 222

It is now my day 222 for the #IAmAliveChallenge, and you can read how it started and how to join in this guide, I Am Alive Challenge - The Guide.

This is all about celebrating that you are alive despite the hard times we now live in, and to share that with the world and the Hive blockchain, you are alive, and that matters.

We Are Alive!

Enjoy Watching The Video!


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Stay safe, awesome and alive!

Sincerely,
Erik Gustafsson

My profile on PeakD

This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.


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@flaxz


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A very important topic you have covered. Ofcourse hive is the safest investment. I have bought some on 0.11 price. And i think people who understand hive they never miss these opportunities time by time and accumulate more hive. Wonderful discussion. ♥

Thanks man, yeah I have recently bought quite a bit too, although I did really talk about investing on Hive with earnings, but as you said once you get it you also know that Hive will go up long term, I wish you an awesome weekend.

!ENGAGE 25

although I did really talk about investing on Hive with earnings

Yes that is why i said "people who understand hive they never miss these opportunities to accumulate more hive" Here is many benefits of investment. ♥

Exactly.

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I bought some hive on Huobi for the long term, let's see what happens. Investing in Hive is less risky than other cryptos I must say...

Yeah I have bought some too quite recently, though I was actually talking about investing on Hive using earnings on Hive, but as you say for the long term I do not see anything but Hive going up, just my opinion though, I wish you an awesome weekend.

!ENGAGE 25

Agree, soon or later hive price will increase though... I am holding some HIVE but I also need some HIVE for my lifestyle too so can't hold everything now :)

👍🙏

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Hello dear friend @flaxz good afternoon
Excellent way of looking at things, and you are very right in the way you put it, undoubtedly investing in hive there is less risk.
Thank you very much for the mention
have a wonderful afternoon

Thanks a lot @jlufer, yeah I think that there is less risk for the reasons I mentioned, everyone still needs to make their own research though and their own decision, and I wish you an awesome weekend.

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The saying "High Risk, High Reward" has never been more true, than it is in the world of cryptocurrency.
The next biggest risk I'll be taking is probably moving to another country for work. I would already have made that move, if the virus didn't throw dirt in some plans.

Yeah but it's calculated, and I know why I am here and what the risks are, I would see moving to another country as a bigger risk though, and good luck in that aspiration once Covid is over, have an awesome weekend.

!ENGAGE 25

True, the risk should always be somewhat calculated.
The planned move is also calculated, as I will probably do it through the company I work for now, instead of just one big unknown adventure.

That is a good way of doing it.

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Keep up the good work. Time is of the essence for you. Because you spend most of your time here. In my opinion, from that point of view, you should get good quality. And it is better not to take more risk in any work. Be careful about this. Thank you, have a nice time.

Thanks a lot, yeah time is indeed limited so it's a resource best used productively, and that we do not waste it, I wish you an awesome weekend.

!ENGAGE 25

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Time and post comments yes but buy not yet