Buying in more hive to increase my GLX stake.

Hello everyone!!

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It is another beautiful day, and I trust everyone is fine today. Waking up to a fall in hive price is kind of troubling, though. I initially carried out a transaction yesterday that would have fetched me more Hive tokens if I bought the hive today. That is not withstanding though, as I understand that carrying out business and investments is about accepting the risk involved. Looking at the current price of hive, it is a really good time to buy in more Hive. We are aware that hive price was once at $0.61 and it became stable at $0.47, but today's changes is just what I didn't expect. Ever since I joined hive, the lowest price I have seen it was just one or two months ago, when it was at $0.32. Maybe it may have been less, but since I didn't take part in investments, I may not have noticed the price of hive.

The price at $0.29 today is a good buying price, just that it doesn't favor some of us that have been holding hive since. I was able to purchase about 246 hive yesterday, and today I am running short of about 30 hive in the investment I planned on carrying out. At this point, I am left with the thought of waiting a little longer to see if hive can go back to 0.32 or above to continue with the investment. Speaking of investment, what have I invested so far?

My GLX investment

Earlier yesterday, that was before I bought in the 246 hive. I made a transaction to meet my set target of 1k plus GLX. I was initially holding about 900 GLX before I bought in 89 hive to make my GLX movement reach about 1,748 GLX.

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This may be a small token to many, but this is a big win for me. I plan on building more GLX seeing the high minting values as the stake increases. I plan on making it a total of 3K plus in a short time. Even though the price remains stable, there's a lot of GLX gotten in one day that's worth more than 1 hive because of the APY. If one can get 2 or 3 hive daily just from staking in GLX that's a big profit here on the block chain rather than keeping money in banks that will add nothing to your capital after a long while.

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Making deposit into my game account.

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My current stake is yielding so fast that just a few hours after I went to bed, I woke up to 12 GLX rewards.

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Seeing how fast it moves, I can't imagine how the GLX reward will be at 3K staked GLX. Looking at the price of GLX today, I am observing a slight increase in price, which, if I am not mistaken, is a positive signal that the price will increase in no distant time.

Thank you for reading!

Please do well to make corrections, observations, and vital tips. I am just a newbie who is willing to explore Hive block chain. Your upvotes, comments, and rehive will go a long way.

Have a great day hive lovers.
Happy weekend.

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6 comments

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This is a huge investment brother, keep it up

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Thank you so much brother, I am just trying the little way I can to secure a better future for myself.

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God will see you through

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Thanks for sharing! - @alokkumar121

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Thank you so much @alokkumar121

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Hello @isaacngore thank you for your information on Hive and GLX.

This is very informative.

Barb

@thriveonhive

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Thank you so much for stopping by 🙏🏻
I really appreciate

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