Investment is continuing and by constant staking my stake is increasing. Today I bought #200 Colony and #0.1 Script and put them on staking. Till now I have a total of #600 Colony and in the same way #0.64 Script invested which is being staked in #arcadecolony.
This is my third investment of the journey in Colony and Script tokens and this journey will continue. As much as I have savings I will keep buying little by little. I am thinking that I will keep investing like this for at least 5 years and after 5 years I will check how much my holding has become. Surely regular investing and compounding will increase my total quantity which will give me huge profit in the future.
5-Year Investment Plan (Colony, Script, Leo, Hive, HBD)
Five years is a long time and till that time their prices will also increase well. Along with that the quantity of #Colony and #Script will also keep increasing. Earlier I was thinking to invest once a week but now I am increasing my investment and will keep investing three times a week.
If I calculate yearly then there will be 144 investments in one year. It means every month, 12 times I will keep investing in these two tokens. Even if the investment is small but by doing it continuously and in the form of compounding, in the end I will get a good profit.
Till now in 3 investments I have collected 600 Colony and 0.64 Script and this investment process is continuing. I will continue my investment in 4 tokens which are my favorite and had a brighter future ahead as shared in my previous post. The first investment will be in Arcadecolony project in the form of Colony and Staking. The second investment will be in the liquidity pool of swap.hive:Colony. The third in swap.hive:Leo and the fourth in swap.hive:HBD.
I will continue my investment in these 4 tokens without seeing where its price is rather I will focus on investment and keep collecting at whatever price it is available. By doing this my buying average will keep coming down and I will get full benefit of it.
The price of Colony at this time is quite reasonable and it will be best to buy while the price of Script is expensive. I bought 200 Colony at the price of 0.0008 which was equal to total 0.16 hive while in Script token there was a big difference between bid and ask. Currently the seller is giving 1 Script for 4 hive while the buyers bid is 0.6 hive.
There is a huge difference between bid and ask, I did not understand why this happened. As much as I understood this can be because of liquidity because volume is low and transactions are also very few that is why there is big difference between bid and ask prices.
I have currently bought Script according to the price of 4 hive. It means I bought 0.1 Script in 0.4 hive which is quite expensive as compared to Colony price. But as I said I will keep continuing my investment and will keep buying at whatever price I get.
According to quantity if I talk I have collected more Colony as compared to Script. The big reason is that in Colony token liquidity is more and its price is also low while in Script token there is no volume and its price is very high.
Bought colony and script from #hive-engine
I have done all these buyings from Hive Engine exchange which has a user friendly interface. First I purchased Colony and Script tokens. After logging in to the Arcadecolony account I transferred Colony tokens into the game. After transferring about 207 Colony I put them on staking.
In the same way I bought Script tokens from Hive Engine and then transferred them into the game. After 0.1 Script came into the game I put it on staking. This is my todays investment journey from which I am really happy. My next investment will be in Hive and Leo tokens and that too in the liquidity pool.
I will try to keep my investment diversified as much as possible and invest in as many platforms as I can. By this my risk of loss will decrease and chances of profit will increase. Diversification is the key to success in investment.
How did you find my investment plan? Are my token choices right? Express your opinion in the comment section.
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Thank You!
Best Wishes.
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