How will Hive survive this crypto winter?
@bala41288
Posted 3d ago · 3 min read
There are so many things happening in the world, and especially war is still having a great impact on the global market. The prices of many cryptocurrencies are suffering, and for someone who has been in the game for a longer period of time, knows that there are always ups and downs, and right now we are in a serious down. This is one of the biggest reasons why we have to stay strong and try to make use of the dip as much as possible.
Many people have different thoughts on the growth of Hive, but there are still investors who are trying to buy Hive, and there are still people who are trying to build things on Hive in spite of the negative energy we have here. If we look at the big picture, I think Hive will recover to a decent value and attract more investors in the future.
Source - Sora
We need more investors
Many projects are trying to onboard users into Hive. Having 10 new users or 100 new users is not going to help this platform or the Hive price in general. I think we should focus on getting some investors into Hive who would be ready to purchase Hive and hold it for good returns in the future. About 8 to 10 percent in the form of staking reward and curation reward is a decent value, and 14 percent from HBD staking is another attractive revenue. So investors should consider this and stay invested in Hive.
We need some big news inside Hive
The next big thing that can attract investors and keep Hive active is a good project or any big news about Hive. We had some wonderful days when Splinterlands was regularly developing and launching some attractive features. Some people stay invested in Splinterlands, and some people have moved on. I think having big news inside Hive is an important thing to keep people active and stay invested.
Marketing is very important
Hive is not doing any major marketing outside. Some blockchains, in spite of having very few features, are being heavily marketed, and it makes people invest in those platforms. But with the current potential of Hive and the way Hive is working currently, I think we should be doing more marketing. There are always investors in spite of the condition of the market. We should be ready to attract those investors. When we add more greenery to the land, birds and insects automatically come and live there.
AI can do some magic
Today, with the help of AI, we can do some magic. The development speed has greatly reduced. People who had dream projects on Hive a few years back can make it into reality with less effort and less amount of time. The AI world is getting better day by day, with enormous opportunities. I think we should be able to rise back into the top blockchains with the help of such AI tools.
If like what I'm doing on Hive, you can vote me as a witness with the links below.
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Estimated Payout
$4.84
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