Invest in BTC or Hive which is the better option
It is tough to decide about the better investment choice between BTC & Hive. There are couple of pros and cons with both coins. Now, let's start with BTC.
BTC is one of the most trustable cryptocurrency across the globe. It has a market dominance of almost 50% of the global crypto marketcap. It has already gained huge popularity. That's why many new institution are adopting BTC investment. Even one of the latin american country El Salvador has accepted BTC as a legal tender. This reveals the popularity of BTC over other coins.
Another plus of BTC is limited supply. Only 21 million BTC will be mined. Limited supply give huge stability to coin. One can say if you love to invest for long time BTC is a good option.
Now compare it with our blockchain Hive ecosystem. Unlike BTC Hive is not popular across the goal despite having huge potential. Hive is underdog this means it has huge potential to give you 10x growth from current price. It will be difficult to achieve 10x from BTC in small period of time.
Another advantage of Hive investment is that coin is almost 90% down from its all time high worth. On the other hand BTC is almost 56% down from its all time high worth. This make Hive a good buying choice.
Even you can earn more Hive on Hive investment. Hive offers you multiple earning options like use your HP to curate fellow member posts and earn more Hive, sharing content on regular basis to generate more Hive, playing games like Splinterlands on HiveBlockchain. This simply means Hive diversify your investment. Diversification is very important in one of the most volatile market of the world.
Another benefit of Hive investment is in its stable coin HBD. HBD saving is currently giving 20% APY. This is a big number. BTC is not offering such massive profit.
I am not denying the importance of BTC. Global acceptance and recognization of BTC as a legal tender give BTC edge over Hive. On the other hand Hive has huge potential and this huge potential may give you 10x from here. Currently Hive is trading around $0.33 and it already achieved $3.41 worth at its peak.
It is worthy to invest in both coins. In my opinion, for small period of time invest in Hive may give huge profit. My vote goes with Hive. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
Keep the portfolio diversified is the way to go I would say if you can set up a sustainable income with hive then divert a part of it as BTC which would moon very soon
The way we know Bitcoin is very big and to invest in it one should have more money then better and at this time the best thing we have hive is to invest money in it. Should and then wait for the next bull market.
The answer is simple for wealthy traders Bitcoin is better option and for poor traders or investors hive coin is better than Bitcoin
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For making investment in BTC one should already be rich, while Hive is easier to invest in.
Moreover the free transaction makes Hive a plus
You are right, deciding about investment is a personal choice and it varies from person to person due to some reasons. There are a few pros and cons to both BTC and Hive, and it is important to weigh these factors carefully before making a decision.
Hive is not as popular as BTC, but it has huge potential. Hive is an underdog, this means it has huge potential to give you 10x growth from current price. It will be difficult to achieve 10x from BTC in small period of time.
Another advantage of Hive investment is that coin is almost 90% down from its all time high worth. On the other hand BTC is almost 56% down from its all time high worth. This makes Hive a good buying choice.
I'll invest in Hive because of its organic way of earning just by making meaningful contents and engaging . Also it's 20%apr on Hbd savings is second to none .