I'll usually keep my WOO "investment reports" as a weekly affair, but the last few days of HIVE and HBD pumps have made for some interesting opportunities. Therefore, I decided to make some moves on my WOO token holdings.
Granted, I'm not some Bot or super savvy investor, so my selling and buying points are probably not "min-maxed" so to speak. But overall, I think I'm pretty pleased with my results thus far.
The point of this post is just to show that
- I'm still BULLISH about the WOO project.
- My accumulation of $WOO remains unabated.
- There're other ways of gaining more WOO than just mining/staking/delegating
My current and most immediate aim has not changed - and that is to gather as much WOO as I can (via mining/staking/delegation) to get the most number of packs possible in the upcoming "FINAL 30k Alpha Sale" on the 31st October 2022. See link below for more details 😉. Ever since staking and mining went live, I've been diligently pouring all my earned WOO back into reinvesting it to compound it's growth.
@wrestorgonline/woo-general-sale-announcements-and-incentives
Here's an update of my WOO accumulation progress so far.
📈🤼♂️WOO INVESTMENT REPORT🤼♂️📈
The last few days have seen yet another semi-regular HIVE/HBD pump - courtesy of our Korean (presumably) friends over at the Upbit Exchange. HIVE shot up to about $0.65 whilst HBD went up to about $1.20 as you can see in these graphs below.
I won't bore you with the details about ALL the trades I made but I'll just focus on the moves I made within WOO. 🤑
The sudden price pumps of HIVE and HBD has provided lots of arbitrage opportunities. The most obvious thing to do would be to simply sell HIVE for HBD when HIVE rises and Buy HIVE with HBD when HBD rises 🤑📈📉.
That being said, there are also lots of opportunities for Layer 2 tokens on HIVE when we have such sudden fluctuations in price, especially when the price of said tokens get dumped by people wanting to take liquidate and take advantage of the HIVE pump. 😜
As you can see here, these are all the Buy/Sell/Swaps I made of the WOO token in the past 2 days.
| WOO | SWAP.HIVE | |
|---|---|---|
| SELL | - 94409.85827376 | + 453.02570493 |
| BUY | + 114,287.65898113 | - 382.46205039 |
| NET GAIN | + 19,877.80070737 | + 70.56365454 |
I painstakingly manually computed the total prices of all the trades I've made (if there's an app with a better way to do so, please let me know 😭) and the table above shows my total figures.
The end result has me with a NET GAIN of 19,877 WOO and 70.5 HIVE!
Not too bad I'll say 🤣.
I'm sure there're much better number crunchers than me who've done far better, but my aim here was simply to trade within this enclosed bubble of WOO in order to accumulate more of the token. This particular exercise was more or less separated from my direct HIVE/HBD trades. In in a way, this was also about not putting all my eggs in one basket and hedging my bets around. 💰🤑
With all that said, I hope this proves somewhat useful and gives you some ideas on what kind of strategies I'm utilizing to increase my WOO holdings (should you choose to do so too). I've listed a few more methods I use below too.
💰🤑How to Earn WOO💰🤑
As I've mentioned in how I accumulated most of my WOO, the number 1 method (for me at least) is in WOO NFT MINING. That is actually something as easy as taking all your cards from your opened packs and staking them on the WOO website. You can head to the link below to simply add all your cards to the mining pool. They will be staked and earn you mining points which enters you into an hourly raffle. If you hit the proverbial jackpot, you will find yourself in possession of a nice pile of $WOO. Sounds easy doesn't it? 😜
https://play.wrestlingorganizationonline.com/mining
Of course, other than just MINING the WOO NFTs, I've also got a few other sources of earning even more WOO! 😁🤑
1st off, and the most basic one, is to simply STAKE your WOO and it'll all automatically start earning even more every single minute.
The 2nd direct method is to DELEGATE your Hive Power to WOO.
As you can see, I receive quite a decent amount of WOO regularly just from the two aforementioned methods. 😍
Another method, albeit a more risky one, is to pair your WOO with other tokens in a Liquidity Pool.
As I've mentioned at the start, I'm also a member of the PIZZA community and a firm believer in the PIZZA token too. So pooling my WOO and PIZZA into the WOO:PIZZA liquidity pool is pretty much a no brainer move for me.
The WOO:PIZZA pool offers really good APR too! The best out of all the other WOO liquidity pools actually too! 😱 So this is a win-win situation for me.
Obviously, all these are my own opinions for my own actions only, and every single user has to do their own due diligence and decide which is best for themselves. (so basically I'm doing what it seems all people like to do by saying "THIS ISN'T FINANCIAL ADVICE" 😂)
🤼♂️ CLICK HERE TO JOIN THE WOO DISCORD 🤼♂️
🤼♂️ CLICK HERE TO JOIN THE WOO TWITCH Channel 🤼♂️
WOO has come a long way ever since it's first Alpha pack presale. The main reason I got into it was pretty much thanks to the PIZZA community too!
As some of you might know, PIZZA is a close partner of WOO and quite a few of us started out being one of the first buyers into the Alpha Presale. 🍕🤼♂️🍕🤼♂️🍕🤼♂️
I'm sure many WOO members have also noticed lots of PIZZA airdrops!😜
🍕 CLICK HERE TO JOIN THE PIZZA DISCORD 🍕
That's it for my weekly report. I intend to continue keeping track of my WOO accumulation up until the game finally launches.
I might even decide to do a small daily giveaway to give back in my own small way to the community. So FOLLOW me if you don't want to miss these freebies when I finally do start them 😜.
If you read this and still have not heard of either WOO or PIZZA, feel free to join the WOO DISCORD and PIZZA DISCORD where you will meet a very welcoming community.
Also, if you're an Alpha Presale participant and somehow have no idea how to open your packs, feel free to head to https://packs.wrestlingorganization.online/market to unwrap your shiny packs and hope that the RNG Gods smile on you! 🤞🏻🍀🤞🏻🍀🤞🏻🍀