A few days ago, I wrote a post about the volatility of crypto, inspired on the recent volatility of HIVE, which is still going on btw.! The post had a very nice level of engagement in the comment section and it was interesting to read different opinions about this important occurrence... As volatility is the "second name" of crypto, I suppose that it plays an important role for everyone who is on the "accumulation mission"! 😃
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What made me happy is that my initial "inspiration" for the post wasn't the opinion of the majority, but rather the voice of a few... It does prove the point that those who have the loudest voices are heard the best, but it doesn't prove that those people aren't always in the right! All in all, people who engaged with the post agreed that the volatility is an opportunity that can rather help us if we know what we are doing...
There is no good or bad thing in volatility, it is more about your approach to it... As most of us are small fish in the pond, we can't influence that the volatility stays or that it goes away... If you like it or don't like it, doesn't change anything... It could only LIMIT YOU to use it for your own good!
Another great comment was that in volatile times, things are moving FAST! That's true and as they move fast, emotions are high, adrenaline is running faster, and it's hard to stay calm and think rationally... Because of all that, it's good to PREPARE yourself for these events, to have a PLAN, and maybe even to have it all sorted (and automated) out...
For example, on HIVE we have tools which you can use to prepare yourself for volatile times... You can use Hive-Engine to open buy and sell orders between SWAP.HIVE and other tokens... You can do it with some other big tokens like BTC or SOL, or you can simply do it with SWAP.HBD...
The other great tool that I use for accumulating more HIVE is HiveDex, where you can create market orders for the internal HIVE market without going to Hive Engine! You can sell HIVE for HBD and vice versa... You can create orders BEFORE the pump (or dump), and they will be executed (filled) when the order hits YOUR price! You can easily cancel orders whenever you want and create new ones...
It's always better to prepare the PLAN before the emotions hit the ceiling when it's almost impossible to stay calm and think clearly...
This is not financial advice!
Let's see the WorkerBee Pool numbers for this week...
This week we have mined 95 BEE tokens in total!!!... A bit better than last time, and a bit under the average...
This week we didn't have new delegators, but we did get more delegations from old members... Thanks guys! Appreciate your support!
This POOL doesn't have fees and you get up to 20% MORE by delegating to it!
What about the bonus tokens?
As you can see from the table below, the numbers went wild this week... As the HIVE price pumped up, some of the tokens that "lean" toward the USD went down in HIVE value... BEE and WORKERBEE tokens are paired with many other tokens (especially BEE), and they are exposed more to the USD price... On the other side, today's bonus token, CTPSB, is completely backed up by HIVE, which means that it didn't have big spikes up or down... That comes in handy when the HIVE price goes up, but when it goes down, it's not a good thing... Maybe the best thing to do is to diversify your bags and have more different "types" of tokens to be covered from different sides... 🙂
There will be distributed 2 CTPSB tokens to the delegators of the pool as a bonus reward today!
As always, in the end, let's give the exact numbers for this week... 95 BEE tokens and 2 CTPSB tokens will be distributed as a bonus... The APR (without the bonus) was 7.041%, and when we added the bonus it went up to 8.517%!
I have calculated the ROI approximately with medium prices for all tokens at the moment of creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price...
Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter and we will find the best solution for both parties...
If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week you will get your portion of mined BEE tokens and BONUS rewards!
.:. DO NOT STAKE TOKENS TO MY ACCOUNT!!! Just DELEGATE! .:.
All payments will be made after publishing this post...
If you have any questions, please leave them in the comment section!
You can find more about this pool in the initial post here @ph1102/workerbee-p-h-ool-let-s-help-each-other
Thank you for your time,
--ph--
None of this is financial advice!!!
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