Hive is for medium and long term investors

Hive has been my mainstay since December 2017, and in the process, I have developed multiple skills that have enabled me to survive in this fast-paced world. The earnings from posts, curation, and subsequent reinvestment into various projects have morphed into an occupation that finds my life. However, despite all these victories, I have noticed that it is still not enough to convince people to participate on hive.

In fact, when I talk to people about Hive, it often feels like I'm marketing a product to the person, and while this is not a bad thing on its own, I feel kind of guilty since the message I'm passing to the person is "come and milk Hive for money".

Fortunately or unfortunately, the whole "blog for money" bit doesn't fly anymore. This is because blogging really isn't for anyone and the alternative of just using hive as a normal social media is boring for most because of the smaller crowd and absence of tracking algorithms that monetise your data but improve the experience.

Bringing it home

Discussing Hive with Nigerians has been an even bigger challenge for me in recent times because I get tired of answering all these questions. The entire marketing process becomes even more exasperating when I consider the fact that their salaries pale in comparison to what they could actually be printing from the inflation pool.

When I think about it though, it is just symptomatic of the times, rather than a Nigerian thing. I think there are just too many people spreading lies on the internet about their overnight riches to increase their audience, and so it puts a lot of pressure on people.

Bringing it back to my locality where fast money is the order of the day and then to make matters worst, the societal misguided concept of crypto epitomises this speedy money, there is little wonder why people don't invest in crypto.

Many people I know simply want to buy a random shitcoin, join the ponzi-esque hype train and cash out. It explains why most normies with zero experience in crypto are repping assets like Safemoon and Shiba Inu.

People like this are not going to be moved by the "measly" 7% APR that holding HBD in savings offers and they're certainly not going to be moved by the prospect of spending months or years to grow the reputation of the Hive account.

The slow burner approach doesn't work anymore because people don't care about the long term as much. I remember when I told someone on hive it could take a week or a year, and it is all dependent on your level of participation. The person replied, "what if I die tomorrow?"

I respect everyone's views and expectations, so I won't tell you whether you're doing it wrong or right. If you want it fast, you know the risks and you also know there's a higher chance of losing it fast.

Hive offers something more sustainable and long term. It is an investment that will outlast you and could be passed on to your kids.

So I'm not going to tell you to invest in hive because it is better than everything else because that will be a lie. However, I'm going to tell you that if you want to invest in a long term-project with immense potential, then you should really consider hive.

Hive is for medium and long term investors

Bringing it home

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