HoloZing - ZING Is Going To Go Up Because...

Source: @holozing

A new month means a new monthly update of HoloZing from me! Time flies, it's more than 1 year already, how's everyone doing?

If you keen to join HoloZing, feel free to use my referral link:
https://holozing.com/?ref=relf87

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Did the title catch your attention?

So here's my reveal: ZING is going to go up because... I think it's time to swap out my ZING back to Hive given the lack of updates and progress on the development.

Wait.. What? Did I make a typo?

Not really. The last time I gave up on SPS and swap my SPS back to Hive, SPS was at 0.0054, and now it is sitting at 0.0084, which is 56% higher. You can read all about it here. Haha.

So who knows, I might be making a bad decision and selling ZING at a low or bottom again. ZING is currently sitting at 0.0016 Hive. I guess time will tell.

It was never an easy decision, having followed the game for so long, but I think at some point, I need to be objective about stuff. There are many projects/games on Hive, new ones come up every now and then, some stay on and some disappear. I think that's what makes Hive interesting because there's always something interesting to explore. Over the years, whenever I find something that I like, and would like to support, I try to contribute my support, be it participating in the games, buying and holding their tokens, or delegating my HP. And on the flipside, not all projects will thrive, not all decisions/investments will turn out well, and that's something that I am aware and accept. It's just the reality.

For HoloZing, while I can perfectly understand the difficulties, challenges, constraints, etc on the lack of progress, objectively, I don't think this bodes well for the price of ZING, at least in the short term, or until there are some concrete news, and it's perhaps time to "cut losses" and swap them out to Hive for better preservation of value. And since I have been writing about HoloZing almost every month, I feel that I should also be transparent about my moves as well.

Anyway, I am not "cashing out" the monies because the proceeds will stay on as Hive, i.e. within the Hive ecosystem. Like I mentioned, it's really from the perspective of capital preservation. Who knows, when the time is ripe, I can redeploy these Hive back into HoloZing as well as other interesting stuff.

In the mean time, I will continue to claim my hourly ZING from HP delegation and my Alpha Vials, and I will gradually unstake them to swap off.

So that's my sharing this month. Let me know if you disagree or have any thoughts too!

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As with all my HoloZing posts, they will include the @commentrewarder initiative. So you know what you should do! Hahaha!

Comment Rewarder (CR) is a bot that rewards comments. CR helps low-stake authors (and all authors) reward their audience. Not all blog authors have enough Hive Power to upvote replies to reach the dust threshold, and rewarding comments incentivizes engagement. Authors with lower Hive Power may not have a weighty enough vote to successfully reward replies to their posts because of the ~$0.02 “dust” threshold. CR solves this problem.

Before I end, of course, I should always reiterate that this is not financial advice. This is just my personal viewpoint and one should ALWAYS do your own due diligence for anything you want to put your money in.

Finally, if you are interested to keep tabs on HoloZing, don't forget to follow the HoloZing Community on Hive, or HoloZing on X/Twitter. Otherwise, I will continue to post occasional updates when I have thoughts to share. Thanks for reading! :)