In 10 Years, I Should be worth over $1 million on Hive's second layer

in LeoFinance11 days ago

image.png

The creation of the second layer tokens was the best thing that could happen on the Hive blockchain and that helped to create room for the small accounts to have a breathing space and also contribute value to others and to the ecosystem. As widely accepted as the business layer of Hive, the second layer also served as a low cost investment option for Hive users.

I remember that as at a 18 months ago, one needed to have at least $15,000 as a capital to invest in Hive curation to be able to give out at least $1 and receive $0.5 in return. That would have required as much as 30,000 upvotes before reaching the break-even point. With the resource credit and voting manna system on Hive, only 10 upvotes would be healthy for a day.

That means that an investor would have taken 3,000 days or 428 weeks or 100 months or 8.2 years (8 years, 2 months) to be able to reach a point of recovering his investment and starting to make profit assuming that the price of the token and other factors remained constant. It would have been only possible to start taking profit earlier if the price moved on the positive side.

With the creation of Hive-engine tokens, one could own as much as 50k tokens for as less as 100 HIVE or less and with the printing rate of the tokens coupled with the inflation and supply, break-even period could be as low as 12 months or less.

image.png

As the journey continued, collateral tokens like SPI, BRO, INDEX, CTPSB and many more came forth which can allow a holder to break-even in just a few months depending on the demand of the token and the business model adopted by the lead team.

Another interesting event was airdrops in that a user could have become rich with "free" tokens airdropped to their Hive-engine wallets. I had received free PAL and a few other tokens that were worth over $100 when my Hive account was not worth as much as $500 after 18 months of dedicated engagement.

This tells us the import of leveraging. The Hive-engine layer leverages the resources and infrastructure of the maoin layer for business purposes and today we have tokens from projects like @LeoFinance, @SPortstalksocial, @Clicktrackprofits and many more with over $3 million market capitalization and ares till growing with in value with robust development added to the Hive blockchain.

image.png

Looking ahead to 10 years from now (just like an early investor in Bitcoin would have said 10 years ago), I can see my Hive-engine investment doing a 1000x pomp from today's value to over $1 million in worth. It is very possible. Already, LEO, SPORTS and LIST curation are pooling hundreds of dollars monthly as curation earnings, while tokens like CTPM, LIST, and HUSTLER are pooling over $50 in staking rewards on monthly basis.

We are looking at a geometric growth from here and we see the number of users interested in Hive's second layer tokens grow to triple today's number in the next 12 months. We see tens of thousands of investors coming here in the next 5 years and we can see a movement like BTC has made over the last 12 years.

I seem to understand better how cryto works on daily basis and I come to appreciate more HODLing and STAKING features. We're already having DeFi options on Hive and its been running for several months. Put together, Hive-engine tokens would have pooled over $300 million market capitalisation and that's already a huge crypto project.

My interest in LEO, CTP, SPORTS, LIST, CHARY didn't start today. I've been consistently following these projects for as old as Hive is and they're still in the preparatory mode for a take off. I don't want to be told how things moved, I want to tell others about it. I am sure that the over 20 tokens in my H-E portfolio has the capacity to make average users become rich.

I won't be surprised to see Hive users listed among top millionaires and Billionaires in the world in the next 10 years. The best way to make it to the list is to invest massively in these tokens while they are yet cheap.

As of today, Hive-engine is now decentralized and that means that our assets are SAFU. Don'e wait to be told.

Posted Using LeoFinance Beta

Sort:  

Great

I think you are being very conservative and modest, @uboyong.

Thank you. I also love to motivate people, the reason I write mostly about myself and my journey.

Posted Using LeoFinance Beta

Congrats, you were upvoted from this account because you were in Top 25 engagers yesterday on Sportstalksocial .
You made a total of 1 comments and talked to 1 different authors .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

Just yesterday, when I was opportune to check my Hive wallet to see how many tokens I was worth, I realized I wasn't worth up to even $20 and I was broken. Asking myself what I have been doing all this while and I realized I am not worth much because I do not have the interest of Hodl my tokens.

Now, my plans are from now to the ending of January to have a round figure in my wallet but I still feel it is not going to be possible in as much as my daily expenses are taken from my earnings on this second layer tokens.

It is not like I regret but I just wish I can do something so I don't get to touch my tokens but hold them to see them worth something 5-10 years from now. Maybe, get it to fulfill my dreams of buying a house for my family Lols...

This is a great and inspiring post and I know we all Hive users will be counted as millionaires and billionaires one day, we will get there sooner than we expect.

I know how you feel. Word of advice Hive is in my opinion the greatest token economy in the world. The only place I know that has the Potential for the average person to blog their way to financial freedom. Use the 2nd layer tokens wisely. Invest, trade them around making every attempt to gain more tokens. Leofinance.io and many others just curation of post and taking part in the communities will allow you to gain tokens fast. Just power them up and vote and blog. You'll get there. God Bless!

I know how you feel. Word of advice Hive is in my opinion the greatest token economy in the world. The only place I know that has the Potential for the average person to blog their way to financial freedom.

I can't agree lesser with this. It's an all in one economy.

Invest, trade them around making every attempt to gain more tokens. Leofinance.io and many others just curation of post and taking part in the communities will allow you to gain tokens fast. Just power them up and vote and blog. You'll get there.

Really a great advice you penned for @Evegrace and I hope she considers it. Cheers!

Posted Using LeoFinance Beta

It is indeed great advice and I will do something about it, it surely will earn me more tokens.

Thank you for this and I will do something about it.

I realized I wasn't worth up to even $20 and I was broken.

That should be your liquid rewards because your powered up tokens should be worth more.

Now, my plans are from now to the ending of January to have a round figure in my wallet but I still feel it is not going to be possible in as much as my daily expenses are taken from my earnings on this second layer tokens.

Good plans. Each time we pen our plans down, it becomes crucial that we'll actualize them. Start now with #MyHiveGoals and you'll be surprised with how far you would have gone ion the next few months.

Posted Using LeoFinance Beta

That should be your liquid rewards because your powered-up tokens should be worth more.

Wow, I never knew, I thought that was all have got in my wallet.

Will be doing that soon.

Thanks, it is indeed true, and I will

Hive-engine only shows the worth of your liquid tokens. LeoDex would show the total worth of your second layer wallet in dollars.

Posted Using LeoFinance Beta

Great post! We will definitely get there. I will be here 10 years from now, when I started in Aug 2016 it was a simple 'this makes sense' and now I have no doubt that this is the future web3 landscape.

Posted Using LeoFinance Beta

Thanks HiveCoffee. You started earlier then me. My journey started in January 2018 and I can say the past three years has been awesome.

Posted Using LeoFinance Beta

Agreed I was having so much fun I didn't listen to the skeptics! Call me a nerd but I like <a href="" <img src="" its nostalgic for me and I feel like I finally have a way to put my basic HTML skills to use. There was a reason for all those late nights after school at the library...

Posted Using LeoFinance Beta

Thanks that you're making the most of your time and skill now and earning good from them. The future can only get better. Your videos are cool too.

Posted Using LeoFinance Beta

That's such a great milestone to achieve.

I think it won't be a bad idea to buy as much as possible now as you stated. Maybe I could be worth $100K by then if I buy heavily now.

There is no doubt that the next list of billionaires in 10-20years is already here on hive.i think you might be one of them😎

Posted Using LeoFinance Beta

I think it won't be a bad idea to buy as much as possible now as you stated. Maybe I could be worth $100K by then if I buy heavily now.

THe good thing about buying tokens now is that you buy them cheap.

There is no doubt that the next list of billionaires in 10-20years is already here on hive.i think you might be one of them

Thanks for that kind wish. We'll share the success story too.

Posted Using LeoFinance Beta

Let's wait 10 years and see how things goes.

You're always welcome

It can only get better. I can never have a better yesterday.

Posted Using LeoFinance Beta

There is no doubt that the next list of billionaires in 10-20years is already here on hive. I think you might be one of them😎

I will also be one of them. Lols... I hope there is nothing wrong with a woman listed as one of the billionaires in the world.

Really a great dream and its possible. Pen it down and start taking tiny steps to actualise it.

Posted Using LeoFinance Beta

Thanks for the advice, I will look into that.

I hope there is nothing wrong with a woman listed as one of the billionaires in the world.

There is nothing wrong in it dear. The 11th richest person in the world right now is Francoise Bettencourt Meyers. She's a woman and a strong one.

So you're welcome to join the list and even hit the top spot who knows 😊😊

Posted Using LeoFinance Beta

you can share the wealth than :)

I think you will be rich if hive stays active. Just bought sought more chary tokens

Posted Using LeoFinance Beta

You ain't wrong. My happiness is seeing others around me happy. Definitely, I am into charity. A project is cooking and would be released soon.

Posted Using LeoFinance Beta

10 years..... 😃
in less than 3 years HIVE will be unrecognizable . Far far different from what we see it today

Posted Using LeoFinance Beta

Yeah. The value above excludes the amount I would have withdrawn over the years to foot my daily expenses and projects. Just my investment.

Posted Using LeoFinance Beta

I'll see you there. Hive fest 2030 will be ridiculous on a private island full of millionaires. 😂

You will see me there on the private island full of millionaires from Hive and don't be surprised, I might be the only woman there Lols...

I just hope you started writing down goals and start actions no matter how small. THe future is nearer.

Posted Using LeoFinance Beta

I think that's the best, I will do just that.

Great dream you're sharing already. Hopefully, we'll be there.

Posted Using LeoFinance Beta

Great,
Thumbs up✌✌✌

Thanks. A beautiful place like Hive makes it very possible.

Posted Using LeoFinance Beta

🤗🤗🤗🤗🤗

Nice content