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RE: HIVE and the "Take the money and run" investors

in LeoFinance4 years ago

I think some of the problem is that the simplicity of earning HIVE has made it attractive for people from places where the rewards are meaningful income. For example, I can afford to allow my rewards to accumulate, like many other Hivers. On the other hand, many of the contributors rely on Hive to provide for their expenses. I don't fault them for cashing out. On balance, I think perhaps more people rely on Hive for income than are able to afford to accumulate. It may not be a trader mentality at all.