Hi Galen, giving a quick answer to the question in Spain with a Hive you don't buy anything (with value 1 Hive = 0,1851 EUR). Maybe a piece of chewing gum sold individually.
About prices (in Spain, of course), here is a list of prices and services that I consider basic and their monthly cost:
Monthly electricity bill: 54 €.
Cell phone and internet bill: 100 euros. Here it is necessary to clarify that with a less complete service, which does not include some television channels, the price could be around 60 € per month.
Water bill: 15 €.
Community of owners: includes the payment of the expenses shared by the neighbors (cleaning, heating, etc.): 100 €.
These prices are from Madrid, and collected from my personal expenses. Therefore, I am sure they are above the national average, but they can be indicative.
The conclusion is that basically with 1 Hive you can't buy anything around here, although it is also likely that in other parts of the world, with a Hive you can buy interesting things.
Best regards.
Yep, as I expected, a single Hive won't add much value to a person's life when its fiat value is 0.20c. I guess that's why I'm so focused on collecting them and don't really understand why people feel it's wise to spend all they have rather than holding just a few back for better days ahead. Oh well, their choice.
It certainly doesn't make much sense, at least to me, not to accumulate Hives at current value. Also, I think it's a way of not giving value to our creations.
Yeah, I think it's very stupid indeed.
We agree. Moreover, at least the outlook for our cryptocurrency in the short term I think is good if the dollar loses value, as it is likely to do.
May it go up...but not just yet, I'm still collecting them and it's best to do when the price is down. 😊
I have also been buying (a little) when the price has been lower. When I came to Hive I exchanged cryptocurrencies from the previous platform for Hive, with the luck that a year ago the price of that currency appreciated quite a lot, so I was able to make a good operation with the exchange. And then I have bought Hive on several occasions when the price has been even lower than the current one. So I also believe that buying at a low value of Hive is smart.
Now I have to go... work. Hope the day was good. Good evening Galen.
Great strategy!
I had a nice day, thank you and I hope you do also.