TRAVALA (AVA) : Buying More AVA... Is it still Underpriced?

in LeoFinance2 months ago

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Evening

About 2 months ago, I made my move in AVA project thanks to @trumpman. I initially bought 100 AVA tokens at 0.732$ and latter bought another 400 at 0.721$. Although AVA has appreciated more than 3X ever since(currently trading around 2.45$) but I am not planning on selling it any time soon.

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I sold my Hive holdings around 13 cents to get into AVA and sadly whereas AVA has appreciated more than 3X; Hive has only managed to pull just 2X. Nothing against Hive and I still do love it, but AVA is proving to be better investment than Hive.

May be it is unfair to compare Hive and Travala, as both projects have different functionalities and tokenomics; with Hive having a much wider scope and Travala being just a travel & holiday focused coin. But from a purely investment prospective AVA has proven more rewarding so far.

Should I Buy More AVA???

Despite Covid seriously marring the travel & tourism industry, a token with business model solely focused on flights & recreation still performing well must have had some serious gas behind it. So, it doesn't take a genius to figure out that the token is still underpriced.

Imagine AVA price post-covid, with continual token burn and stacking. I am expecting it to be among top 20(if not top 10) by the end of this year.
I am gonna go with another 500 AVA as soon as current AVA pump settles down.

Cheers!

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Posted Using LeoFinance Beta

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I initially bought in small like you, cashed in some LTC and a bit of LEO for 500, then went for another 500 when it was around 70 odd cents.

I've been humming and hawing about whether I get more, or rather I was when it was $1.80.

I had a look today - having just sold quite a lot of ETH - I think the amount I was happy to swap (I wanted some other coins too) would have go me about 230 AVA and it just felt too pricey!

I'm now settling for being happy with what I've got.

I did just see a Rune AVA pool on Thorchain which perked my interest - I REALLY don't mind which of the coins I end up with!

Posted Using LeoFinance Beta

Nice. Both are pretty awesome.

I feel that I missed the Rune ride. Damn

Posted Using LeoFinance Beta

You might be interested in this....

https://leofinance.io/@jk6276/asynchronous-liquidity-pooling-on-thorchain

It's not too late - you can stake one coin to a Rune pool on BSC and it'll convert half of it to Rune for you, and you get a yield return.

It's a way in!

Posted Using LeoFinance Beta

Thanks

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how come i am just seeing this travala update, let me know when it dips so i can buy small