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RE: Hive: 5 Years To Completely Change Your Financial Life

in LeoFinance3 years ago

hmmm... spknetwork...need to read about that.

What you say makes a lot of sense... you know right how we actually are tuned to create wealth the straight forward way.

Invest , SIP in Mutual funds for a period of 5 to 15 years based on your goals... put in the bank and earn interest... and for more adventurous invest in stocks and sell and make profits consistently...20% one day and another percent another day.

All with our fixed salary and it was hard work...because well have to account for expenditure, savings, rent, loan and things are tight...plus when kids are there there is expenses you need to think about for education, and some of the time, saving in the fund to earn returns later for that abundance money to travel somewhere for a fabulous holiday...

Still prevalent...only problem every thing is changing and to tell the truth I missed out on that train even though I was aware of all this because traditional finance was not my cup of tea and I was not prepared or matured to all that...takes efforts, risk etc and looked complex.

But HIve, you earn crypto, you stake , you get interest on stake in decentralised stable coin...its much easier... and you have the compunding effect without all that needing to invest in mutual funds...research, etc...

and this compounding effect is way way more than what you got in traditional finance.

Ofcourse, its hard work getting to earn enough HIVE for self sustainance, but its possible. Ofcourse, writting is not everyone's cup of tea, but there is other ways, photography, videos, so many fun stuff and always every engaging for crypto enthusiasts because there is lots to learn and share about crypto, blockhain and such things.

There is a lot more in Hive, has lot of tenticles which will be helpful. for me, I am preparing to not deal with Indian CEX from next month so I am thinking if that Dex in Hive helps, in conerting hive to BTC form and then sending it to peer to peer deentralised platforms to liquidate it... and I know such a Hive swap coin exists where you get a BTC peged coin... it will come in handy to decouple from Government influence...

anyway... it takes interest, ambition that will power effort, you would make mistakes on the way and feel meserable but in the end you will get a good hang of doing things decentralised way.

So, Hive might be important in ways to find ways like what I explained...;ots more in HIve to engage and learn to be empowered for that covered financial freedom without those disturbances of authoritative influences of Govt. etc.

anyway.

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and this compounding effect is way way more than what you got in traditional finance.

Without a doubt. The fact that we are seeing huge growth means that we are going to see outsized returns for a long time. Of course, the fact less Hive is produced each block, the emission rate is dropping over time, means we are going to really have an interesting situation when the network effect kicks off.

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