RE: Hive: Creating Whales All Over The Place

[unschool]

I got a feeling anyone under 10K Hive will never get "very rich".

Even if Hive reaches 100$ , and you have 1k Hive right now, you would "just" have 100k. I mean it's not bad, but it doesn't even repay my mortgage. Especially if I deduce taxes from the cash out.

Also 100$ for Hive is a pretty long stretch imho. Not saying it won't happen though.

Comments

[shainemata]

The main consolation is that as your Hive account grows larger, it gets easier to grow.

[taskmaster4450le]

That is very true. It all does keep building.

The compounding effect on Hive and its associated applications is very powerful.

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[taskmaster4450le]

Did you read the article? It appears you did not.

If you did, you would have read this:

One can join today and get started on the journey towards being a whale. It most likely will not happen in HIVE, LEO, or Splinterlands. However, there are numerous projects that are just getting started which could offer the path being described here.

The article specifically refers to the idea of not getting rich of HIVE but the other tokens.

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[unschool]

Nah, I always comment without reading. 😒

The sum of the article is talking about how there is a slight possibility of getting rich if we are betting on a coin. That was my understanding of it anyway.

It got me thinking about what would be required for me to be debt free regarding Hive, is all.

Have a good day 🙂