Why Zing holders are happier than retail Bitcoin ETF investors ?

zing-rejoice.png
source

Let me start the post by congratulating all those who were rooting for the Bitcoin ETF to be approved. Looks like we are done and dusted with the event and BTC is taking a bit of a breather.

Currently as I write this post BTC trades at $46,868 about 2.77% up for the day. After witnessing a top that was north of 48K and almost touched 49K at some exchanges.

This is a phenomenal rise for an asset that is the face of crypto and has a market cap of $918,195,709,527

Indeed it is a great reason to rejoice.
However if you are not an individual with a limited budget to invest and not an institution with large bags filled with other people's money then you have to be careful where you invest.

btc-price.jpg

I know it sounds very bullish to say BTC would become $100000 and go higher. Now when I think of myself buying BTC now at say $47000 and waiting for it to reach $100000 then I would be making a 2.12X on my investment.

I am not against it however if I were to take the case of common Joe who wants to to do dollar cost averaging putting small amounts of funds like 10- 50 $ purchases as part of my plan then what are my options.
Either I keep my BTC on a centralized exchange which is super risky since I do not have the keys to my BTC
The 2nd option is that one withdraws the BTC after every purchase.
I tried doing that and this is the fee of taking out my BTC which is way to high than the amount that I could possibly take out.

btc fee.jpg
source ionomy dashboard

This gives one a serious FOMO

Small investors tend to miss out on the opportunities that smart and big money has.
However if you have an eye to spot gems and alpha early then one can make multiple X of what a big investor can make.

I say this based on numbers

The Zing token price is the proof

Just about 3-4 days ago the price of Zing took a dip and it was available for $0.005 so FOr $5 one could get a 1000 Zing tokens.
The Next day the price jumped to $0.006 that means by spending $6 one could get 1000 Zing tokens
Today the price of Zing is at $0.007 thanks to this god candle on the zing token charts.

zing god candle.jpg
source

So anyone who got zing 3 days back made 20% gains on two consecutive days and is sitting on a profit of 40%
This event unfolded on the same day that the BTC ETF was approved.

It would be wrong to compare Zing token with BTC however it is all about spotting an opportunity.
One cannot help but notice that

  • The Bitcoin ETF would require a KYC
  • Is available only to those in USA
  • Substantial money is required for investing in the BTC ETF
  • In the bitcoin ETF you never own any bitcoin
    On the contrary
  • Holozing investment can be made without a KYC
  • Available globally
  • One can start with as little as $1
  • Here you own your tokens, Game assets and your crypto keys making you 100% owner of your assets.

zing token on fire.jpg
source

Make the most of the Zing opportunity

Zing being a play2earn game being developed on the hive blockchain offers a number of tokens to grow your tokens.

There is currently a claimdrop going on which the Hive users can make use of for growing their zing tokens.

The Current Claim drop opportunities are

  • zing token staking that earns 39.81% APR

zing staking.jpg
source: my holozing dashboard

I have accumulated 4.22K zing tokens.

  • HP delegation Which earns 35.31% APR and is the best way to earn returns on your Hive power HP

hp delegation.jpg
source: my holozing dashboard
Currently I have provided 1.01K HP delegation

  • Pool liquidity> By providing liquidity to the zing- Swap.hive pool one can earn 238.21% APR

liquidity pools.jpg
source: my holozing dashboard

  • Posh token holding> By holding posh tokens one can earn 177.83% APR

posh balance.jpg
source: my holozing dashboard

The tip to maximize returns

All claims for the claimdrop can be made multiple times a day. When you make a claim your claimed zing get added to your staked zing tokens.
These staked zing tokens earn you a decent APR. Therefore the more you stake the more you earn by way of compounding.
Therefore even if you start small and claim whenever the claim button becomes active for you then you can claim and grow faster.

The Zero claim fee helps
Normally when you do a blockchain transaction on chains like ETH there is a transaction fee to be paid which can be substantial however holozing is being built over the hive blockchain which is a zero fee and superfast blockchain thus all the claims are zero fee transactions.

The bottom line

It is good to be in Bitcoin however it is better to have a diversified portfolio and be invested in different narratives.
If one believes in the play2earn space then the holozing project can be studied and it offers a lot of opportunities both as a player for a game that is about to be launched as well as as an investor.

Happy holozinging folks!

For more information feel free to connect with the project and the team using the links below

Official Website - https://holozing.com/

Hive account - https://peakd.com/@holozing

Delegation account - https://peakd.com/@zingtoken

Twitter/X account - https://twitter.com/holozing

Whitepaper - https://whitepaper.holozing.com/

Posted Using InLeo Alpha



0
0
0.000
2 comments
avatar

Congratulations @thetimetravelerz! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You published more than 500 posts.
Your next target is to reach 550 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out our last posts:

LEO Power Up Day - January 15, 2024
0
0
0.000
avatar

This post has been manually curated by @steemflow 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.

image.png

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @steemflow by upvoting this comment and support the community by voting the posts made by @indiaunited.

0
0
0.000