Identifying future altcoin gems can be a rather risky and difficult task. A lot of coins and tokens experience an initial surge but not many of them qualify as long-term investments. I know what you are thinking, altcoins in general are not good long-term investments, right? Not necessarily, as there are multiple reasons for investing in an altcoin. Depending on the motivation, use case, and other functionalities, some altcoins manage to attract longer-term investors. I believe that HIVE and LEO, in particular, happen to fall into this class of altcoin.
What sets HIVE Apart?
Staking is always a good incentive for investors when considering altcoins. For the longer-term investor who is not necessarily concerned about short-term gains, staking makes sense. Staking enables investors to compound their stack over time. HIVE offers a form of staking that not only earns HIVE but also HBD. Powering up your HIVE not only enables a form of additional income but also makes holders a type of shareholder. Therefore, holding HIVE creates influence, which when combined with reputation has value beyond token price. I think that this is one of the challenges that come with this new economy, understanding that value has multiple expressions.
The monetization of contributions is something that is becoming more and more prevalent. The Hive ecosystem is a leading example of how well this idea can actually work. When you consider that HIVE hit a billion-dollar market cap valuation in 2021 it becomes clear that there is a future.
HIVE managed to reach this milestone without being plastered all over the media. This was very much healthy organic growth, which is the best form of growth to experience when building a solid foundation. Hive is a Web 3-based idea that encourages independence, which is exactly what makes HIVE’s independent growth so important and monumental. Leofinance has also seen growth in terms of the project and further DeFi expansion. People make use of the Hive ecosystem on a daily basis and it works! This is why HIVE has such a strong future. Even during these formative years community members are engaged and committed to the project, indicating tremendous conviction and further complimented by present value.
Investors See Value
This is why so many remain dedicated. They interpret future value and fully understand how good the risk/reward ratio is. Yes, pretty much everything heads south in a bear market but not everything heads north again once the sun comes out. Even though HIVE and LEO may suffer in the short term they stand more chance than most of rising again in the months and years to come. At worst, they remain somewhat stable and at best they go on to skyrocket. I personally don’t see much risk in investing in HIVE and LEO. The additional income via content creation, curation, and interest earned on HBD makes this one of the best risk/reward opportunities available in the Crypto market. This is solely my opinion and I guess hindsight will have the final say.