Hello friends and future Holozing players. Today I will tell you about my method for accumulating a large number of ZING tokens. My strategy for accumulating the ZING token includes an element of trading on the Hive-Engine exchange.
This screenshot shows my ZING tokens, which were credited to me in half a day. From the 5000 HIVE delegation I receive 276 ZING tokens per day. And from staking 6200 POSH tokens I get 320 ZING tokens per day.
I bought 6200 POSH tokens for 1240 HIVE at a price of 0.2 HIVE for 1 POSH. It turns out that I earn less from delegating HIVE POWER than from 1240 HIVE invested in the POSH token. Buying a POSH token gives me about 5 times more ZING tokens than delegating to HIVE POWER.
But 5x is not all, the best is yet to come. I'll show you the POSH token trading element on Hive-Engine.
Take a close look at this three-month POSH token price chart. I see price support here at 0.2 HIVE per 1 POSH token. And I see on this chart frequent price fluctuations in the region of 0.2 - 0.3. Do you already understand my further thought? :)
And this is the trading chart of the POSH token for 2 weeks. Price fluctuations on individual days are more clearly visible here.
My strategy is to buy POSH tokens at 0.2 HIVE and sell at 0.3 HIVE. And I have already sold over 300 POSH tokens in a few days. If I sell 12,000 POSH at a price of 0.3 or higher within 1 year, my investment in POSH staking will decrease significantly. And I will have 6200 POSH and about 120k ZING. And if I transfer ZING from staking to a pool with HIVE, there will be even more ZING tokens.
Here are my trade orders to buy and sell POSH.
The POSH token has another important side. By owning a POSH token you are helping our Hive ecosystem grow. Please read the post about the POSH token at this link https://hive.blog/posh/@ocd/ocd-posh-curation-compilation-1707
Yay! 🤗
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