Hello to my fellow community members,
Friends, last month I started investing in a new token from the Hive ecosystem. That token is the native token of a crypto company CEO, and the name of the token is CCD. I am still holding it, and I am planning to invest more into it.
Friends recently, there have been some updates from the project where they discontinued one of their services named Delegation Dynasty. In that service, people used to delegate their Hive Power and earn some native tokens from this project.
Friends, I was also thinking about delegating some Hive Power to this project to earn CCD tokens, as that was my mission initially. But as the Delegation Dynasty service is no longer active, I am not going to do that. Anyways, let us look at my history of buying and staking this token. You can see the screenshot below.
So friends, I was 11 days away from buying any of these tokens. I am a little sad because I wanted to buy 1000 tokens every day so that the dollar cost averaging could be done, but I was unable to perform the dollar cost averaging on this token.
Anyways, let us go and buy the tokens for the last 11 days, which is 11000 tokens. I went to the swap page of the Tribaldex, as you can see in the screenshot below, and then I bought 11000 CCD tokens that cost me more than 5.64 HIVE tokens, as shown in the screenshot.
Next, I obviously staked 10000 tokens because that has been my plan since the beginning. As soon as I collect 10000 tokens, I stake them, and by doing this I will reach my target of 1 lakh CCD tokens. I hope that when I finally reach there, the HSBI service will still be active so that I can earn some HSBI units from staking these CCD tokens. You can see in the screenshot below that we now have an additional 10000 staked CCD added to the existing 10000 CCD tokens.
Friends our total is now seen below which is 20k CCD staked token.
I am not a pro investor but still I am trying my luck on HIVE ecosystem tokens. I have invested in various projects already from HIVE ecosystem and I do hope that when the bull run arrives or when the market entirely goes up, these tokens will also perform good. I don't know what will happen but I hope for the best.
Thank you friends for reading my blog till here.
Posted Using INLEO
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.