Another week, another investment, the journey of investing continues. I added more #Colony and #Script token. Today, I thought of investing more then usual. I added around 40% of my total investment in both Colony and Script token. I bought 4062 Colony and 2 Script token and transferred them to #arcadecolony wallet for staking. The total amount I staked for #Colony is 9041 and #Script 31.335.
As I have set the proper goals for my investment and I will try my best to reach my goals very soon. I planned to invest in 5 tokens #Colony, #Script, #Leo, #HBD and #HIVE. For every investment I have my goals set, For Colony I need to reach the 100K tokens, for script 100, Leo 2000, HBD 100 and for #hive 20K.
Its my effort to invest in all these tokens accordingly so that I can get closer to my targets. On November 1st, I powered up 854 HIVE and today I staked 4000 colony and 2 script token. Right now, For colony, I have covered 10% of the investment and I had to invest 90% more to reach the target and similarly, for Script, I covered 31% of the investment and I had to invest 69% more.
Right now, this is the best time for adding investment because the prices are very down. The recent crash in the market provides with more options for investments but this time instead investing in other crypto coins, my focus will be investing in hive tokens. I want to have fully control on my investment and will keep my focus on hive investments only.
Some portions of my amount is going to shift in Stock market and a huge portion in physical investments. This is the circle of my investment right now and will try to manage all of them properly. This is very necessary to diverisfy our portfolio which will help us enhance our profits and reduce the risk of loss.
My Top Investment Choices
There are sometimes when I get a good profit from physical investments which will help me to cover the losses of other investments. Similarly, sometimes I will book good profit from #hive investments which will help me to manage the losses from other investments. Stock market will be more safe and a passive income will help me give stable income.
Never put all your eggs in one basket. If you are in #hive ecosystem, I will recommend to invest in different tokens. Dont be stick with one project because this is crypto world and anything can happen. There are many experiences we have seen in this industry such as the crash of #LUNA, #KDA, #FTX and inside the hive (the recent scam of BRO project).
If those who were totally invested in these projects they have faced severe loss. That is why, it is one of the investment rules to never invest in a single project even if you beleive that the project is legit and is much strong. It is wise to diversify your investments which will protect your capital.
That is why, I have chosen three investments and further I diversified among different investment branches. Right now, Colony, Script, Leo, HBD and HIVE are my best investment choice and will continue with these. If any of these projects succeeds, I will get a good profit.
How Can You Invest In #Colony And #Script Token?
There are many hive exchanges where you can buy these tokens but the best one right now (in my view) is #Hive-Engine. It has user-friendly interface and the safest one. You simple have to login your hive account, deposit #hive and then buy #Colony and #script token from market.
You have two ways to buy these tokens either limit or market order. In limit, you will set the price according to you but in market order the token will be bought or sell according to the current market price. I alwasy chose market order which will help me to buy immediately and current market price.
For #Script token I set limit order because there is huge gap between the buyer and seller price. Once you bought the tokens its time to transfer to ingame #arcadecolony for staking. The process is very simple, First go to #arcadecolony wallet, choose #Colony token, transfer from #hive-engine to the game and then stake the amount.
This overall process will not take more then 5 minutes.
Also one thing to tell you guys that there is around 15% APR profit for staking. After staking, your eligible for APR rewards. You will get #Colony token in #hive-engine and #Scipt token will benefit you in the game. With the help of #script token you can but NFT cards, generate Hotsauce, Fuel and many more things.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Those who will interact will get my 100% upvotes. My staking is increasing. Thank you all for your time reading the content.
TWITTER TELEGRAM HIVE WHATSAPP DISCORD
IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
Image Source 2 3
REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
Posted Using INLEO