It is so easy to acknowledge the title, but it is so hard to push the BUY button when the price is going down... It's much easier to do it when it goes up, isn't it? That's the trick in all this... If it would be easy, everyone would do it...
When the price of the WORKERBEE token was over 2.5 HIVE I was telling you guys that it is too much and that it has to go down... If you know me, you know that I do not do that very often, or I do these "price predictions" only if I'm convinced that there is a very high probability to happen... As the WORKERBEE market is small, I was checking the market every day, looking at who is buying, why is buying, and who is undelegating, unstaking, etc. As the market cap is low, just a few hundred of tokens can dump (or pump) the price...
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And here we are... The price is under 2 HIVE, and if you compare the BEE price (a token that you are mining with staked WORKERBEEs), you realize that the price under 2 HIVE is where the WB should be... You will see in the spreadsheet screenshots how the APR went up, and I would say that it will probably go up to around 10-12%... What does that mean? Well, I suppose that we will have more selling pressure on the WORKERBEE and a bit lower prices for the token...
Is it a good investment opportunity? You will have to do your research about that... If you think that there are future for the Hive-Engine tokens, then maybe you could go in... If you think that the future competition will kill the H-E exchange, maybe it's not a good investment...
The uncertainty is one of the main reasons why it is so hard to push that BUY button when the price tanks... But, if you are right, it knows to give you a nice payback... :)
Back to the Workerbeee report numbers!
There wasn't too much movement in the pool in the last week... I suppose that lines up with the complete crypto markets that were in some weird "undecided mode"... Will it go up, or it will go down? A million-dollar question... 馃槂
Also, we got a small amount of WORKERBEE delegations from existing members, which is always nice to see! Thanks for your trust!
In the last 7 days, we mined 126 BEE tokens in total!!!
This POOL doesn't have fees and you get up to 20% MORE by delegating to it!
What about the bonus tokens?
I suppose that today's bonus token also can be put in the same basket as today's story... After initial hype around the InLeo rebranding + ads addition to the platform and the revenue share, the price went aggressively up... But, after a while, the dust settled and the LEO price went down slowly, which perfectly fits my LEO accumulation... As the price goes down, I'm buying chunks of the tokens, working on my yearly goal... The fundamentals are still the same as they were in the "hype moments", but people are scared, as the price goes down... Nothing changed... Amazing...
There will be distributed 60 LEO 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... There will be distributed 126 BEE tokens and 60 LEO tokens as a bonus... The APR (without the bonus) was 7.476%, and when we added the bonus it went up to 9.014%!
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 the portion of mined BEE tokens and BONUS rewards!
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
If you want to support my Hive-Engine witness node, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses... THANKS!
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!