Finally, I took a bold step and bought #Colony and #Script tokens. Since some time, I was thinking to invest in these two tokens and set a goal. My wish is to increase Colony token to 100K and Script token to 100 tokens by the end of this year. This is my year-end goal and I am full hopeful that I will easily achieve my targets.
Surely, to reach this goal I will need to keep continuous investment, because only staking will not achieve the goals. That’s why as much as possible, I will invest daily from my earnings and keep moving towards my achievement goals.
Wʜʏ I Cʜᴏsᴇ Cᴏʟᴏɴʏ & Sᴄʀɪᴘᴛ Tᴏᴋᴇɴs
What is the reason I chose these 2 tokens? And started investment under a planning? The big reason is my interest in games. In #arcadecolony we have 4 best games which are #play2earn and to start those games, these 2 tokens are necessary. Specially if I talk about #MoonKarts, #StakeHouse and #GLG games they need these tokens for the good start.
Another reason is that these 2 tokens are related to game projects, and in this bull run, these gaming tokens and coins will perform well. Also they are dependent on the hive performance as well. Their chances to increase in price are very high, that’s why it is better to take risk in them and start investing in them.
Today I bought 3718.74 COLONY and 28.966 SCRIPT. The price of Colony is low, because of which I will achieve my target goal faster, but Script token is quite expensive and to reach 100 tokens, surely it will take time and regular investment.
Right now, in current market, for 1 HIVE we get about 1200 Colony and 0.8 Script. In my view, the best time for #arcadecolony games is coming and many users are getting interested in these games. Right now the price of these tokens is quite low which we can get at reasonable price, but as demand increases, their price will also keep increasing.
In #Arcadecolony, the best game I felt and which impressed me most is #StakeHouseDen game. By reading its whitepaper I learned the way to play the game, investment in NFT cards, and staking.
The big reason I got impressed by this game is its gameplay. According to the whitepaper, they say this game is a casino-type game and here luck is tested. But I understand it as a lucky draw game, not casino type.
What happens in casinos? There you place a bet, if you win then you get cash depending on your bet, but if you lose then your cash is lost. Meaning there are only 2 conditions, win or lose.
Wɪɴɴɪɴɢ Wɪᴛʜᴏᴜᴛ Lᴏss – Hᴏᴡ HᴏᴛSᴀᴜᴄᴇ Wᴏʀᴋs
But in #StakeHouseDens it is not like that at all. Here is only the concept of win, no risk of loss. Isn’t it interesting? How is there no risk of loss? Because in first investment you buy and stake lady pack cards and Script tokens which keep giving you Hotsauce continuously.
Once invested, you keep getting Hotsauce for lifetime. The more Hotsauce generated, the more bets you can place to test your luck. If you win, you get cards and Colony tokens, but if you lose then only your Hotsauce is wasted, meaning you don’t lose cash. That is the best part of this game.
If you buy Gold and Foil NFT cards then you generate more Hotsauce and you keep playing more games. Remember, the more you play the games, the more your chances of winning.
That is my important reason that I chose these 2 tokens. With Colony and Script I can do staking and also buy Lady Pack cards, which help me in playing the game.
The month of #October is very important for me because I have cash available and as much investment as I can do will be best. My effort is that in this month I buy at least 30K COLONY and 50 SCRIPT. And whatever comes from staking will also keep adding.
Along with this, I will also try to keep adding in liquidity pool of swap.hive:Colony and swap.hive:Script. Because liquidity pool is more charming in terms of profit. Maybe in normal staking I get 8–10% APR but in liquidity pool I can get 10–15% APR.
Its process is also very easy. For liquidity I use #Tribaldex exchange whose interface is very simple. There you have to go and create liquidity pool. Choose pair and proceed. In just few steps your liquidity pool will be created.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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