Hey All,
I had placed my first Pools DCA order buying #COLONY tokens for 50 #HIVE. Also had done the post around it and you can find it here - DSWAP.TRADE - My FIRST Experience Leveraging Pools DCA - Placed #COLONY Token Order for 50 #HIVE... What NeXt? The plan in general is to take advantage of the market and pools DCA functionality here on the DWSAP.TRADE platform as and when I have investment available to buy in the second layer tokens here on the HIVE Blockchain. I have been extensively using the platform and have successfully bought tokens like #SIM and #COLONY for now. Moving forward, my plan is to continue leveraging it to explore and invest in more promising opportunities. So this was all the brief summary how I have been progressing in building my stake especially for the #COLONY tokens.
My FIRST Pools DCA #COLONY token SWOT Analysis...
Next comes the SWOT Analysis on my first pools order for #COLONY. Incase if you are not aware of SWOT then let me tell you that it stands for SWOT - aka - Strengths, Weaknesses, Opportunities, and Threats is essentially an analytical and strategic planning tool to evaluate decision making on a business process or any other area that requires structured analysis. I started with the plan of investing 50 #HIVE via the pools DCA and here what I have derived by my SWOT analysis; hope this is helpful to others...
SWOT Analysis for Pools Dollar Cost Averaging (DCA) #COLONY
| Strengths | Weaknesses | |
|---|---|---|
| Has helped me to be consistent with the investment. | At times may underperform during strong bull markets | |
| Mitigates the risk of investing all at one. Buying in bulk can cause average price to be higher. | Platform fees needs to be considered as well as a extra cost. But here its minimal. Also will add we require a lot of patience here for the orders to be executed if placed for longer duration. |
| Opportunities | Threats |
|---|---|
| Its a wealth generation machine only if you consider long-term investments | No major threat that I could find here on dwspa.trade |
| Simple and easy to use and automate your purchase orders | One need to aware about the inflation that can erode real purchasing power of returns |
Also have a look at the above image which showcases where my pools DCA trades are being executed consistently with 5 #hive being invested daily. There is still 4 more days to go and so far I have collected 12K+ #COLONY tokens via the trade and to be honest all of them are going into the COLONY/SWAP.HIVE liquidity pool. So far its been building quite nicely and so far I have 21K #COLONY added and the plan is to build it to having 100K+ COLONY added. So still there is a long way to go. Here is the snapshot of my liquidity pool investment taken from beeswap portal.
Well this should be it for todays post on - "DSWAP.TRADE - Its time to check my FIRST Pools DCA #COLONY token SWOT Analysis..." Let me know your thoughts around DWSAP.TRADE in general. how is the platform overall looking... Happy Investing and Dollar Cost Averaging..Better do DCA before its too late... cheers
Have Your Say On Pools and Market DCA...
Did you explore DSWAP.TRADE new feature Market DCA and Pools DCA? How was your experience?
DSWAP.TRADE - Its time to check my FIRST Pools DCA #COLONY token SWOT Analysis...
Do you HODL #COLONY token BUY Vs SELL? Did you leverage Pools DCA? Are you providing liquidity for COLONY/SWAP.HIVE pool giving an APR of above 45% - What is your overall strategy looking like for your #COLONY token? Please let me know in the comment section below...cheers
#dswap #dtrae #dca #market #poolsdca #arcadecolony #invennium #colony #marketdca #beeswap #liquiditypools
Image Credits:: dswap.trade, hive-engine, beeswap
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Stocks, Blockchain & Cryptos and have been investing in many emerging projects..