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RE: Taking and making profits and supporting the crypto industry from within

in LeoFinance4 years ago

What got me into believing in Hive blockchain are the people and projects in it. It still needs more innovation and support from the users it keeps. I'm starting 2021 with a bullish feeling for this token and even if it doesn't go pumping, I still bank on believing in the team and projects being built on top of the blockchain.

As a small user, one can simply support the blockchain by opting out of cashing out frequently and stake their Hive or reinvest on Hive Engine token where some projects for wealth building are made. You're right about most having instant gratification, it's always part of the problem to please traders and investors of any token. If one thing has changed over the past few months I've been active, it's that I see more ways users can now creatively exchange their Hive for other values not just cashing out to fiat alone.

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Investors often tend to be investor mentality. What I mean is that investing isn't seen as a social benefit, it is for individual gain. This means that it doesn't matter what project gets bought, as long as it gives an adequate ROI. People still trade in oil after all.

Point taken. Indeed, I was considering more on the social aspect of investing. This doesn't apply to everything I put my money on but some projects I put money into need to have people with of good reputation. I invest in the business but I need to know the people running it are good for the business to give me that ROI. It's more complicated to factor that in a decentralized blockchain. But when we got tribes that are really pushing for their tokens to go up with real value backing it, I can't help but put a little more faith into the platform to give me that ROI.