What Is Your Favorite Hive Engine Token? Why? .:. Hive Humpday Hangout Ep.12 (Wednesday, January 17, 5 PM UTC)
This is a topic that many people asked me to do in the show... I was hesitating and delaying it as much as I could, because for a few simple reasons... I don't want to convert the show to a "shilling event" where people would drop their tokens and try to convince others to join, because they need someone to buy their bags... Also, anything that is/will be mentioned in the show ISN'T FINANCIAL ADVICE, but despite that, people tend to blindly follow... Now that you know the reasons for my hesitation, we can continue forward...
Because of all the things mentioned above, I have added that short word/question in the title... WHY? It's not there to make your life harder or to make you suffer... 🙂 It is there to remind you about researching BEFORE investing your hard-earned money/crypto... You should never invest into some token just because X person did it, or because Y person said it is a good token... When someone suggests you a token, DYOR (Do Your Own Research) and make YOUR decision if you want to invest, or not...
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You don't have to invest, you don't owe anyone a favor to invest, and it's not a "rejection of a friendship" if you don't do it... It is mature thinking and being a responsible person! In the end, you can be wrong or you can be right... Time will tell, but don't fall into a trap that THIS IS IT, there are no other tokens like this one... Now or never... etc. Believe me, in most cases, the decision that you make isn't the one that will solve all your problems in life...
Now that we have all these disclaimers from the beginning covered, we should make a list of "subtopics" for the show... As good, responsible investors, we should know better the underlying platform itself, so we will take some time to talk about the Hive-Engine platform... How safe is it? What are the "powers" that the token creator has? How much is decentralized?
Also, we will talk about the token creation... Is it complicated to create a token, how much is it cost? How much knowledge do you need to run an Outpost (tribe tokens)? Where you can trade Hive-Engine tokens? What is SWAP.HIVE, SWAP.HBD, etc.?
When we have covered the basics, we can go into the second part of the show where you can share your favorite Hive-Engine tokens... As I said at the beginning, it would be great if you would share the REASONS WHY you like certain tokens... Just a couple of questions that we should ask ourselves before investing...
- Who are the token creators?
- Can we trust them?
- Did they have some other tokens/projects on HIVE? How they did do in the past?
- How long are they on HIVE?
Sorry if that looks like a police investigation, but you are investing your money in the project, and in a certain way, you are giving away your money to PEOPLE who are standing behind the project... That's why it IS IMPORTANT to ask these questions...
How was it the last show? Check it out yourself the Recap of HHHLive post... For all the participants, there are some LEN tokens for participating in the show, and some special rewards (in Ecency POINTS) for those who were the bravest and came on the voice during the show!!! Don't forget that NOBODY is obligated to talk in the show, so you CAN come to listen and engage with others in the text chat... 😉
What steps you should take now:
- Join Ecency Discord here
- Check out your local time for the event at the top of the Ecency DISCORD side menu
- Click on the chat-voice channel on Wednesday, 5 PM UTC (check your local time 👆👆)
- Follow the event-chat channel during the show and engage with others!
- Share the buzz about the show on Ecency Waves and InLeo threads using the tag #HHHLive and be rewarded with upvotes!
Or just click on this link that will lead you directly to the Event announcement, where you can see all the info!
If you would like to discuss a certain topic in future shows, please let me know in the comment section... See you on Wednesday!!!
Thank you for your time,
~ph~
Inviting people who asked to be tagged in the announcement posts: @duskobgd, @felixxx, @foxkoit, @ganjafarmer, @incublus, @kvinna, @manclar, @melinda010100, @mell79, @mengao, @mypathtofire, @palomap3, @gwajnberg, @travoved, @yummycruz1, @willythewhale. If you want to be reminded about future shows, please ask to be added (or removed) to this list in the comment section!
Check out these links to the previous shows:
Hive Guidelines for Newbies .:. Hive Humpday Hangout Ep.11
NY Resolutions and Creating Hive Goals .:. Hive Humpday Hangout Ep.10
How Was Your (HIVE) 2023? .:. Hive Humpday Hangout Ep.09
Presenta tu comunidad - ES/EN Show! - Part 2 .:. Hive Humpday Hangout Ep.08
Present Your Community - Part 1 .:. Hive Humpday Hangout Ep.07
How to Start on Hive? .:. Hive Humpday Hangout Ep.06
Do You Upvote Quality Posts? .:. Hive Humpday Hangout Ep.05
Genuine? Authentic? To be or not to be? .:. Hive Humpday Hangout Ep.04
Hive Power, HP Delegation, HivePUD... .:. Hive Humpday Hangout Ep.03
Hive Meetups, HiveFest, HiveBeeCon .:. Hive Humpday Hangout Ep.02
Pilot Episode (Aired 2023-10-18) - The Vision .:. Hive Humpday Hangout
👉 Vote for Liotes HIVE Witness HERE 👈
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
In fact, most of HIVE Engine tokens are junk to me. However, I can say mine is PAY token as I have staked more than 3 million 😄 Also, its price sometimes are pumped and my wallet's value goes up somewhat $30 :)
Unfortunately, you are right... Most Hive Engine tokens are junk, with dead projects behind them... What is about that PAY token?
I don't know much about it. I think I just recieved and then staked it by upvoting someone's post and my curation rewards is insane now. I wish it was for HIVE :)
This is going to be an interesting program, I want to hear what colleagues, including you, have to say.
It should be fun! Can't wait to hear what are the favorite tokens of participants!
I am All time ready to come and look this live ... There is lot info and there is lot fun :))
People have asked about this topic, so I hope we will have an interesting show tomorrow!
It been all time interesting ... even on Friday too 🤗🤗👍👍
It sounds like a great show. I am hoping one day you might give me some financial advice though. 👍😀
Hahaha... Can't give you financial advice when I'm not a financial advisor... They are the experts (you gotta love that word after the C19 😂)!
I love this week's topic, I'm sure I'll learn from those who know more than I do (in terms of H-E tokens, anyone). We will listen to /read each other tomorrow. 🤗
!DHEDGE
Hehehehe... It's always fun to learn something new, a new skill, a new token, a new project, or a different point of view!
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I'm deeply involved in the second layer tokens. Because this was all my idea..
And it's exploded. Finally after hf26 we ended up making some big moves.
I should have demanded 1% in credit for all my ideas.
However second layer tokens and Diesel pools as well as swaps absolutely are all my ideas unfortunately I just didn't have the ability to create all of this digitally.
However now you absolutely can go buy your own token and turn it into a valuable commodity and sell it worldwide.
Also I have influenced countless projects on hive all the way from the Cannabis group to hivelist.io skatehive and more...
The fact that most people don't even understand what is going on with the second layer tokens or they invest completely emotionally.
Then zerofucks trading. Oh I'm loving the fact I'm trading all these tokens and investing them with staking or pools... And making more.... Sweet..
Although I absolutely am seeing a lot of the tokens that I had emotionally invested ending up having no volume and absolutely no price.
That's the thing is if you're not using these tokens the price is going to drop.
Then like the Leo token. I'm keeping trading that one only for the price support while I'm pulling out and cashing that one in. Or id have lost a huge amount of money. Now Leo is paying me and I'm not making a lot, but I'm not losing my ass....
More people need to start trading and making more .. that are scared when it's not that hard!
Thanks for sharing your views about Hive-Engine tokens... I completely agree with your point about emotionally connecting to the token... I made the same mistake and almost all tokens went to zero... It looks like we should follow that saying earlier... Trade it don't date it!
If the project is good, you can do whatever you want with the token, but the price will continue to climb... If it is a shit project, sooner or later, it will go to (close to) zero...
Good questions.
Hive tokens can be akin to lending money to friends.
Be careful what tokens you do buy and support etc and don't do it out of loyalty!
I just yesterday mentioned something similar to that... When I was younger, I had a friend who was a rich guy, and he told me the biggest truth about lending that I tried to follow, but I failed... He said: Never lend money to friends, because they are your friends... It sounds weird, but lending money very often leads to broken friendships... Or just give away money, or don't lend it at all...
Exactly it is the same with family. Think of it is a gift as having to ask for it back will ruin that relationship.
Favorites! And why. I'll have to think about this one!
hehehe... I always come up with some topic that people have to think about... Darn it! 😃
See you tomorrow!
I'm glad you decided to share this topic in the program because there are people who come to Hive and only know that, I myself took a couple of years to realize the existence of the tokens and accumulated a lot that was sent to me, but I was immersed only in creating content and rewards in HBD, now is that I understand a little more and still there are things I do not know, like who create the tokens and how difficult and reliable it is...
Well, I don't think I can attend tomorrow, but the recaps have helped me a lot and it's good for me because I watch them when I have time 😅
You are right! The HIVE ecosystem is huge and it's hard to grasp everything... That's why it's important to have these posts and events that talk about different aspects so people can learn about them, and use the opportunities that they are giving!
I'm glad to hear that you like recaps as I was in doubt that anyone is checking them out at all!
It's an interesting topic to go over but I have to say that a lot of Hive Engine tokens don't have much value. Other than that, I think there are only a handful of tokens that are decent.
You are right about that! I will try to not forget to say that to the audience in the show... Quantity in the portfolio will not bring you wealth as many tokens are crap, as you said! Of course, there are exceptions, but we have to be very picky to find them!
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It will even help us to know the kind of tokens we should invest in because some of them are not reliable, lol
When you have a reason for your WHY, usually you are OK... The problem is that many just running around and accumulating all possible tokens...
Trading on engine is cool altho it is swarmed with bots for the last half a year or more.
I'm not much into those tokens anyway. Gave few some attention and as the time went by choose few basically for fun and as my own token of support towards some projects or people.
Engine is interesting for swap.btc, swap.ltc..
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Sorry I should add for clarity.SwapBTC .. Swap Hive is very interesting for trading.
Much more preferable then on central exchanges.
That we have crypto hard currencies available through second layer is fantastic thing, that is also helping other hive engine tokens with attracting various interests.
Yes, having SWAP.BTC, SWAP.ETH and other "copies" of popular chains on Hive-Engine help people in creating diversified portfolios without leaving HIVE! Also, pairing those tokens with local tokens can have benefits for the project on Hive and for investors in them...
I will really hope to attend this type of programs and shows someday
This is really a great show that makes it quite engaging for everyone to enjoy it
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