Hey All,
I did a post day before Yesterday where I had placed the Market DCA order buying #COLONY tokens and this time the investment was around 20 #HIVE. The overall GOAL is to continue investing in #COLONY and reach to a point of having 500K+ #COLONY staked. In this post we are going to look at the dswap trades that was executed by the Market DCA via the DSWAP.TRADE platform. Here is the trade summary that I have pulled from the hive-engine and you can clearly see at every 2 hours 1 #HIVE was levered in buying the #COLONY tokens.
My Second order with MARKET DCA [Dollar Cost Average] #COLONY Buying Analysis...
Overall this trade got me closed to 13.8K+ #COLONY tokens which is a little less if I were to swap all the 20 #HIVE at one go 5th of June, 2025. But that is fine since it all depends on the market price of both the tokens here which is #hive and #colony tokens. Moving further I am liking these DCA trades and setting them and just forgot about it and the price will average out for you automatically. Price movements which is UPs and Downs are the part and parcel of the game here in the crypto verse as they keep fluctuating. We need to think long term and strategize our investment plan according. My strategy here for #COLONY token is pretty simple and straight forward which is 500K+ #COLONY tokens to be staked by end of this fiscal year, 2025.
What NeXt? - Entering the liquidity pool COLONy/SWAP.HIVE
Yes, I thought it would be wise to diversify here a bit and looking at the APR which is above 45% enticed me to start providing some liquidity here. If you look at the rewards they are above $3.2K+ being distributed every month - not bad at all isn't it? Do you agree with me here? My plan ahead is to start with this market DCA execution that got me 13.8K+ #COLONY tokens added and build from here. The first pit stop here would be 50K+ added and then raise it to the 100K+ mark. All the #hive here I will pool in from the different passive income streams that I have built here on the HIVE Blockchain and for the #COLONY tokens I will be further buying it via the market DCA. At time I may also look at my staking rewards to be redirected in the liquidity pool just to expedite things here and get away with my goal set here. That's the overall plan here and lets see how thins pan out in near future. Well this should be it for todays post on - "DSWAP.TRADE - My Second order with MARKET DCA [Dollar Cost Average] #COLONY Buying Analysis - What NeXt? Entering Liquidity Pool?" 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 - My Second order with MARKET DCA [Dollar Cost Average] #COLONY Buying Analysis - What NeXt? Entering Liquidity Pool?
Do you HODL #COLONY token BUY Vs SELL? 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
Image Credits:: dswap.trade, hive-engine
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..