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The reasons why I buy Hive crypto

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@tfranzini
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This post is my contribution to @forexbrokr Hive Guide. I'll attempt to add to the Should I buy Hive crypto session of the guide but keep in mind that this is all based on my own experience and should not be treated as financial advice. These are my reasons to buy Hive crypto and I encourage you to do your own research and find out if they also work for you.

Token price

While this is not the main reason I take into consideration when I decide to buy Hive crypto, I understand it is an important factor to many people.

I believe that HIVE and many of the 2nd layer tokens, such as LEO, STEM and a few others, are still very underpriced. Hive is still a young community but I think that all the development that's taking place is really going to bump the value of most tokens in the future.

Taking a look in the HIVE chart over the last year, we see an interesting trajectory:

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It's been holding its ground around de $0.40 mark and I believe it's going up soon.

Communities, influence and development

Now these are the main reasons why I keep investing in Hive crypto.

There are a lot of communities built on Hive already and many more keep coming up. Whether you are into finance, sports, science, or other particular niches, chances are you'll find a tribe for you on Hive, and owning and staking Hive crypto is a great way to increase your influence on those tribes.

Moreover, we have many new projects being built on Hive and outside Hive that often airdrop tokens for people holding hive crypto, as recently happen with CubDefi, for example, which is a DeFi application on BSC that was built by the same team behind Hive community LeoFinance and which airdropped CUB tokens to LEO holders when it launched.

There are many others project like that under development now so holding Hive crypto can really give you a headstart when they launch.

Final thoughts

To sum it up, I believe that the value of Hive lies in the social aspect of it and the many people that are dedicated to seeing it grow, either by actually developing projects or by adding value to the community through their engagement and I believe that this will ultimately reflect on the value of Hive crypto. So, whether you are only interested in the price or you have a real interest in the community and the value it adds to the blockchain, I believe you can find a few good reasons to buy Hive crypto.

Posted Using LeoFinance Beta