Road to 25K Zing - Added 1.25k tokens to the Stake

There are some of the tokens I am bullish on and now this list also includes zing tokens. The reason why I'm bullish is because I see more potential in the game and this is the reason why I am trying to accumulate as much as I can. While I have already enabled all four options to earn a token now I think it is also necessary for me to buy from the market and grow the holding. Earning tokens is surely the best way and I have been doing it since the beginning, but now there is a drop in the Annual Percentage Rate (APR). The rewards are reduced because of the reduction in APR but at the same time, the price has also gone down. Because of this, I think it is a good time to buy some token from the market and power it up.

Here I share the price chart for the token and you will be able to see that the price continues to decline. In the last week of November, the Zing token price was 0.04 hive and now its 0.015 hive and its quite low in dollar value. I don't know if this is going to stop here or if it will continue to drop but I think the right approach would be to keep on buying in parts. I'm not following any Dollar Cost Averaging (DCA) type of strategy with Zing token but I am going to buy in parts as and when I see some liquidity lying with me. I wanted to reach a 25K Zing stake by this year's end and I know that through the delegation and another form of reward, it is not possible. Buying from the market will help me and this is the reason why I have started doing it so that I can be there by the year's end.

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Purchased 1200+ Zing & Staked

I have added over 1200 zing tokens to my stake and now I have more than 19K in total lying in my account. This is the updated balance that I have after the staking. As of now, there is a gap of approx 6K tokens from the 25K mark which I will try to cover in the coming week. I'll be trying my best to make 25K by the end of this year and for that, I am left with just three weeks.

Whatever tokens I purchased are added to my steak and I also had some liquid tokens lying in my wallet that are also included. I remember the time of SPS when I was able to buy a bigger bunch of tokens when the price was pretty low and now it is high. I'm not booking any profit there because I know SPS is going to be multifold and this is not the right time in my opinion. The similar thought I have for the zing token because we are yet to see what utility this token is going to bring us in the game.

My Zing Goal

It's been more than one and a half months for me doing the accumulation for the token so now I have decided that I will have 100k zing. I know that this will take some time and I will have the patience to reach there. I'm someone who always follows the goal whatever is decided and with the SPS I used the same strategy that helped me to have over 140K tokens. I expect that by the time this game gets launched which is expected to happen in the first quarter of 2024, I should be able to have 50K zing at least. I don't know how the market will behave for this token price but if there is an even better price for me as a buyer then I'm not going to miss this opportunity instead I will buy a lot of whatever is possible for me. You never know what sort of opportunities we can see in this market and this is why it is important to keep an eye on the price which I am already doing.

Staking APR is Good

If I find more price dump on the token price then I'm gonna jump into and take a bigger bunch and stake in my account. Taking a PR is still better which is more than 72% as of now and I think bigger the stake will help me have more tokens as part of the reward. This reward is also going to be big in December which is another plus that has been given as part of the bonus from the game itself. I understand that it is important to have some strategy and plan in place which I already have and now it's time for me to follow that and make it happen.

Once again this is not financial advice and what I'm doing is just part of my strategy because I believe that the game is going to be big. I don't know how things will be after the game launch but I still accumulate because I believe in this game project for the long term and I expect things are going to be much more valuable. If you also think the same then you can go forward and start accumulating as much as possible for you because you never know what opportunities we are going to get.

I keep an eye on the overall update about the project including the token price and even yesterday's statistics report shows some great momentum in the project. The community is growing and more people are visiting the website and getting registered is a signal that things are on the right track. When everyone wants to be part of the game then obviously you're not getting that opportunity and this is the reason why early joining can be beneficial and I am trying to make the most out of it.

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Here I share some handy Links that you can access for more details about the game:-

official Website- https://holozing.com/
Whitepaper- https://whitepaper.holozing.com/
Discord- https://discord.gg/s9YdYc6p3J
Main account for the HoloZing Game- @holozing
Delegation account- @zingtoken

Images are taken from https://holozing.com and hive-engine website

Thank you

Posted Using InLeo Alpha