Holozing: Posh Token reward analysis | Is Posh the best way to earn Zing tokens?

Welcome back,

In today's blog we will talk about one of the options available in Holozing reward section that allows us to earn Zing tokens for ourselves. So far I have delegated my hive power to earn some zing tokens and because of the high APR the rewards for me so far has been awesome.

Source

But as I said that in this blog I want to talk about another way of earning Zing tokens. The method I want to talk about is by holding POSH tokens in our wallet.
The reason why I want to talk about this one option today is because this one looks the most beneficial way of earning the rewards.

The APR for this method is 4 times more than that of delegating hive power method. The APR for delegation is still at 80% while POSH token holdings give you 324%.

There are few things that I have analyzed today for the POSH tokens to have a clear vision about whether the POSH token method is really beneficial or not. As we are getting four times more by simply holding it we must look at the market performance for this token.

This is important so that we can know how this token has performed over last few days and months. Doing this will help us decide whether buying this coin is safe or not.

So let us look at the price chart for POSH token below, the two screenshots below are taken from tribaldex.

The Above chart shows us the data for last three months and I am quite impressed after seeing this as the price that was observed on 27th August is very close to what we see today. In fact the price now is more than what we see in the month of August.

August: Avg Price was 0.25 hive for 1 Posh token.
November: Avg Price is 0.265 hive for 1 Posh token.

Now let us look at the chart for Posh token for last few days.

Above chart is again of Posh token for last 15 days and during these days the price has been quite stable. There is not much fluctuation seen in last 15 days and that makes me more confident about this token.

The highest touched was 0.33 hive per token while the lowest is 0.2 hive per token but at the time of writing this blog the price of one token is 0.23 hive and that means we can say that the token revolves around 0.2-0.3 hive price point for most of the days.

Conclusion

To conclude I would like to say that for me I think Posh token method is not only looking great on papers, but it is great in reality as well. By observing the price of this token over the period of last three months as well as last few days we came to the conclusion that the token itself is not seeing a sudden downfall in its price and that is how the posh token can be considered a safe investment.

I must also warn that this is just an analysis of the token that I represented in front of everyone. You can use my analysis to decide what you want to do but there is no financial advice coming from my end so make sure to keep that in mind.

I will personally buy these posh tokens, I do not know if there is a problem with Tribaldex as I am unable to use tribaldex smoothly. Even for taking these screenshots I had to come and check the site so many times but as soon as it starts functioning properly I will definitely buy some Posh tokens for myself.

Thank You and Happy blockchain gaming everyone.