In my early days in the markets, I had heard a quote many times in the name of the wisest investment rule that when you get fundamentally strong stocks at very cheap prices, then it is no less than a great sale which happens once in many years. And in such a situation, those investors who overcome their fear and greed and take quick action become successful. It took me some time, but when I understood the value of this quote, I have been following it and believe me, being a good investor is just that easy.
And based on this fundamental idea, I invest consistently in both stocks and cryptos and grow my investments. Similarly, today I am talking about the COLONY token, which is a valuable governance token in its Arcade Colony platform. Here according to that basic idea, even if the chart of this token looks weak or gives different indications during technical analysis, fundamentals tell about the foundation of any company and based on that it can be said that Arcade Colony is a great platform and all its games including Splinterlands, Stakehouse Den, Mooncarts, etc., are a lot of fun to play especially because the gameplay mechanics of each game, stories that connect, and excellent graphics attract you to the game. Like last week, I saw the graphics of the prologue of Book 1 of Waur medge academy in the campaign of Splinterlands, and I was literally impressed. You can also read their whitepapers to learn about all the games. but I feel that after the launch of a project, the updates that are happening in it give a better idea of how strong it is and what its future can be and if you look at these games from that perspective, then you will understand that these are not the games that are launched every day but are futuristic that are still in their initial stages but are constantly improving. And all this is connected to their governance token COLONY, which you are getting today at such a low price. This is no less than a golden opportunity!
However, I have been investing in the Colony token many times before and with the same intention of long-term investment; today, again, I have made a systematic investment in this token. At first, my everyday trading mindset told me to place a buy order at some lower price, but then I thought No, I will buy it at the current market price because this is an investment, and according to another great quote, only liars know the exact bottom of a stock.
So after shopping from #Hive-Engine , I reached the game (https://arcadecolony.com/token/colony) where I transferred the tokens to the game from the Hive Engine wallet and then with the help of the amazing and super easy #HiveKeychain extension, I authorised the transaction and staked 100% of the tokens in just a few seconds, saving time. For this, I would like to thank Hive Keychain developers because it is true that my day to day activities happen smoothly in just a few seconds without any interruption is possible only because of the Hive Keychain.
After today's token staking, the total number of Colony tokens I hold has become more than 25k. My target for this year is to stake 100,000 tokens. According to that, I have been able to do only 25% but I am confident that I will achieve this target. Currently, the price of the Colony token is already very low but if for any reason, its price falls further, then I will double my investment in it because the ultimate goal is to hold as many tokens as possible.
Transfer and stake today by visiting the Mooncarts gaming site https://arcadecolony.com/
Keep your keys safe using a state-of-the-art system. Visit https://hive-keychain.com/
Thank you for visiting and reading my blog. Generally, I keep writing blogs on life, nature, gardening, photography, and Hive Gaming. If you like any of these topics then you can also follow me. I deeply appreciate your comments and votes. 🙏
Note:
English is not my first language. So sometimes I use 'Google Translate'. Please don't think that anything I have written in this blog has been copied from somewhere or is AI-generated.
All the photos are the screenshots taken from Moon Karts official sites.
All the other content and words are mine unless otherwise stated.
Have a Happy and Blessed day!
