A very good strategy to earn is right here and that is staying in the Hive ecosystem. It is very easy and the best way. With the tokens in which you are invested you can manage your work, you can earn good income from the tokens. I myself am investing in #Colony and #Script tokens and in the future I will buy in maximum quantity.
What benefit can come from Hive tokens? Token rotation and trading is the best plan. First of all you have to buy Hive tokens. The easy way is to buy from #hive-engine. which is the best exchange in the hive ecosystem.
After depositing Hive you will get in the form of swap.hive. You will get a base token. After this you can go to trading and buy any token against swap.hive. After buying you have many options for earning.
Firstly you can put that token on staking and earn APR. This is not very profitable but still good. Apart from this you can invest these tokens in LP and earn higher APR profit. Another way is token rotation meaning sell one token and buy another and continue this practice.
One thing to keep in mind that for this work you need to choose tokens with good volume. If volume is low then buying and selling becomes difficult.
Some good tokens with high volume are Hive, LEO, Zing, Helios, Colony and Script. Apart from these tokens there are more tokens with high volume that you can easily trade.
The plan is very simple. Example I bought #Colony and #Script. Now my plan is to stay invested for the long term. During this time I will trade along with investment. The benefit is that I will always stay invested and small trades will continue.
For trading, there are two options. Token rotation or Buy and sell tokens
When you see a token has reached its peak, its resistance level then sell your holding and buy another token which is at low price.
Lets say #Colony token pumps 5–10%. In this case I will sell Colony and buy #Script. When Colony becomes stable again I will invest in it again.
Apart from this if you see both tokens reached their peak then sell both and stay in #HBD. Wait until the price comes down and buy again.
Keep these two trading options in mind. Take the opportunity whenever it comes. This will not be intraday trading but swing trading which will take more than a week. In swing trading you may get 1 or 2 trades per month but huge profit is possible.
Do you agree with the token rotation trading plan? Do you trade on Hive-engine? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
Thank You!
Best Wishes.
