Travala: a blockchain based discount travel booking project, business is up 9800%, buy the dip?
Travala
Many of you who are active on Hive have no doubt read articles by @trumpman, @empoderat , @revisesociology and @belemo about Travala and the cryptocurrency token AVA. Trumpman has promoted it since it was below a dollar, and I am sure he has a big bag of it. @empoderst wrote an article detailing the Smart Program, and @belemo wrote an article about using it to book travel in Nigeria as an example of its utility and real word credibility. For those of you unfamiliar with Travala and it’s token AVA I will put links to other articles below.
But in brief:
Travala is a travel loyalty and discount project which is centered on the idea of making travel bookings and travel discount programs more efficient and more transparent using Blockchain technology. Travala is run by an experienced business team and has several important partnerships including Binance. It has experienced 4800% growth in business revenues in the last year, and the May 2021 Monthly report stated 14.5 million USD in revenue for the year to date, 5 months in…
It has enjoyed steady price appreciation and the website shows a multifaceted project with good use cases, and loyal supporters, several of which are active on Hive and Leofinance. The Travala travel platform native cryptocurrency AVA is a BEP-2 token from the Binance Smart Chain-Binance ecosystem. Your website based AVA wallet holds AVA, BNB and BUSD. You can purchase AVA at several exchanges, including Binance and Poloniex.
There are several things I noticed after signing into my account and reviewing the website: Link
The website was very professional, and easy to navigate.
You can book flights.👇
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You can book hotels and resorts.👇
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You can book resort or hotel activities or tours.
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You can book all these things from the website or use their Mobile Applicaation on your phone.👇
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Traval is prominently featured on the Binance website as a Travel Partner with a good sized web page😃
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The webpage also features Travel Advisories for safety and awareness, plus a Travel Blog with Tips and Trips.
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There was a nice customer review section also, with nearly a thousand good reviews!
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And for investors and interested customers a monthly report with bookings and earnings to date.
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The May Report was very impressive with 4800% plus year to year growth, 4.5 million USD in revenue and several thousand bookings.
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But back to buying on the dip…
Price
The primary reason I am writing this article is because many good project coins are at yearly low prices, and AVA is down from ATH of $6.00 to $2.15. The all time high price I quote is from CoinMarketCap. The price of AVA fell recently as did most of the Altcoins when Bitcoin dropped in value from $60,000 to 30k. The current price is around $2.15 USD. I have been creating a small bag of AVA, but it dropped off my radar for several months and now I think the price is very good.
Charts:these are pretty and ugly at the same time…
These are the one year, one month and one week chart. As you see the price didn’t pump up, it rose steadily and was up several hundred percent for the year to date, at one time. Early investors are no doubt well into profitable territory, but even relatively late investors around $1.00 USD are still in profit, and as the Pandemic winds down, and the world starts to travel again after a 18 month lockdown I speculate that this coin price will rise as the need for its services grow.
Charts
So do you buy the dip?
Do you catch a falling knife?
Do you wait for the bottom?
Do you dollar cost average into the position?
What are your thoughts?
Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance.
Read more of shortsegments articles here: https://leofinance.io/@shortsegments
Other articles on Travala or AVA
https://leofinance.io/@empoderat/the-bull-case-for-travala-usdava
https://leofinance.io/@trumpman/i-just-bought-a-shitload-of-ava-travala-this-is-why
https://hive.blog/hive-167922/@alexvan/first-experience-with-ava-and-travala
https://www.aeneas.blog/undefined/@trumpman/expedia-shilling-travala-very-hard
https://ecency.com/hive-167922/@steliosfan/have-you-notice-today-s-travala-ava-ath
https://www.reddit.com/r/Travala/comments/m49ccu/httpsleofinanceiotrumpmantravalatodefispacesoon/
Travala Website
https://www.travala.com/about-us
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I started investing in AVA about a month or two ago. Sadly, I bought most of mine above the $5 mark. Who knew a dip this big was coming and it would stay this long. The good thing is I used passive income from a different project and I don't plan on selling so I am not really "down". I think the AVA token will be a good alternative to stable coins for when the bear market comes and you want to do some travelling.
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I think that although you bought before the dip, the dip gives you the chance to lower your basis by buying here if you have funds.
I think it was real smart to invest your gains from DeFi in AVA, that frees up your capitol to earn money elsewhere.
I think you make an interesting suggestion about the traveling discount. I will study it further.
Thanks
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I have pretty much all of my AVA locked up in the smart program. I figure when the bears are out you are in more of a hold position. You don't have those big wins to go spending and any capital you have will be going into dollar cost averaging. This way you can just spend your AVA if you built a big enough stack and still be able to travel.
True. Good strategy.
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Where can I buy it? Is it on coinex?
I don’t see coined on this list, Binance, Poloniex, PanCakeSwap to name a few, here’s the list of exchanges from CoinMarketCap.
Over 30 exchanges, here’s a list: https://coinmarketcap.com/currencies/travala/markets/
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AVA has been on my list to buy for a long time now but I haven't gotten around to it so far. Most of my "crypto time" has spend researching where to earn interest on my bitcoin.
As soon as I find some space I'll buy some. it's something I can see me taking advantage of as the world opens up again. 😊
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Bitcoin is one of this weeks Kingdoms, so you can deposit it and earn Cub and Bitcoin.
I agree it’s utility will improve when people start traveling again. I am impressed that their travel business grew 4800% during a Pandemic. They may really take off when people start the post-pandemic traveling.
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If I do that is there a chance that I could end up with less Bitcoin?
I agree. That really is impressive. In fact, I'm impressed that any of the travel companies/airlines have survived. I don't know how they've done it. 😊
!ENGAGE 30
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It’s a single asset farm, so there’s no possibility of impermanent loss, so no, you can only gain Bitcoin.
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Thanks so much for your help!
!LUV
!ENGAGE 20
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@shortsegments, you were given LUV from @gillianpearce. About LUV: https://peakd.com/@luvshares
Here’s the Link to the post by Khal: https://leofinance.io/@leofinance/this-week-in-cub-or-marketing-company-acquired-press-releases-full-kingdoms-launch-and-updated-roadmap
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Well I have a small position in AVA a bit earlier due to trumpman. I don't plan on adding for now though
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Surprisingly it’s a BEP-20 so it’s for sale on PanCakeSwap, you you can hold it in your wallet with your BNB, BUSD, Cub and BLEO:)
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https://twitter.com/shortsegments/status/1413377598520905728?s=20
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Saw your post on Twitter: https://twitter.com/shortsegments/status/1413377598520905728?s=20
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Here’s the link on Twitter so everyone can like and forward the post, those links comeback to Leofinance bringing eyeballs with them.
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Buy the Dip
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What is the No Loss Lottery!
It’s a Prize Linked Savings Account, that allows people the chance at a large worth 75 to 100 prize LEO, which is 100 times the cost of a No Loss Lottery Ticket 1 Leo, and you can always get your money back.
Lottery versus Prize Linked Savings
Lotteries are good because they provide large amounts of potentially, life changing money to people. But they take from people in the form of tickets, and that money is lost forever. That’s why I created the No Loss Lottery as a Prize Linked Savings Account. In a Prize Linked Savings Account you have a chance to win big, but you can always get your money back. So you buy a ticket, but your money is held or saved for you like a Savings Account. But instead of 0.25% per year, you have a chance at a 10,000 percent return every week!
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How does the AVA coin relate to the site? Do you need to burn or spend a certain amount of AVA to book using the site?
You lock it up in the Smart Program to receive discounts, which are apportioned according to how much you lock up.
Learn more here: https://www.travala.com/smart
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