Investing in Hive: Risks and Rewards

Many people are worried about the investment in Hive because they don't know the minimum price for Hive. There are some users who have invested huge amount of money in Hive and they believe that this coin will help them make their wealth and also they invested in high prices which makes them worry.

The current price you can see is below 18 cent which is really worrisome. In this post I will try to cover about hive price and what could be its minimum price and till where the price will go down.

Also in this post, will discuss about the investment about Hive, either it is a good investment or not.

First of all, the good thing about Hive coin is that we have a blogging platform which helps the price to give a good support and the more users will join this ecosystem, the price of Hive will keep on increasing.

But if we see that there comes no update in the ecosystem and we didn't do effort for onboarding new users then surely the price will keep on going down.

One of the disadvantage for Hive is its inflation. There are continuously new coins printing which will surely push the price downside.

But if you bring more users in the Hive ecosystem and convince them to buy this coin then surely the price will go upside and in this way many people will benefit from it.

I joined the hive ecosystem when the price was around $1. I thought to invest at this time but thought will come down and will invest in some discounted prices.

Unfortunately, I see that the price of hive keep on going up and up. Until it reaches the all time high that was around $3.6. I thought to wait and we'll buy at lower price.

When the price of hive reaches $1.2, I decided to start buying until reaching $1 and I thought will be the last stage for it.

But no, the price keeps on coming down and today it is in front of everyone of us that the price reached below 0.18. This is no doubt a huge loss for me and many investors who invested above $1.

But for those who powered up and keep on sharing their contents have now bring their average down and they may be in lesser loss.

I will say that the price of hive can go below until it reaches 0.13 to 0.14 cent and after that we will see a huge resistance and a huge support from this level because there are the number of hive that has been locked and will not let the price even go down.

If I say that 0.12 will be the last price of for hive and it will not go below, this will not be wrong.

Because there are huge number of hive that has been stacked and will surely help the price to not go below the $0.12 at least.

But there is still a chance for Hive to reach the level of 0.15 to 0.14 in the first stage and if in case Bitcoin keeps on going down and reaches its all time low, I will say that Hive will go down to 0.12.

The good thing about Hive is that there are huge number of coin that has been stacked and will help the price to not go lower than that level.

According to my guess and knowledge, I will recommend to invest in hive at the current price or to invest at 0.15.

This price zones from 0.14 to 0.18 will be the best price zone to invest and this will surely give a good wealth and a good profit in the next bull run.

What do you people say about the price of hive, Do you think will be the right time to invest? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

IMAGE TAKEN FROM CANVA

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