Bought 1 million SIM tokens to become SimMillionaire ?

in Olio di Balena12 days ago

Hello and Namaste Everyone

Dcity is a game on Hive and it's a game where we can build the city in different ways. It's not like a traditional game where you can play with players instead it is a different type of game on the blockchain where you can build the city according to your preference. I have never played this game but recently paid some attention to the SIM token which seems available at the discounted price. I thought why should I invest some amount on this token if the token price goes up then it will be a profitable investment for me.

the current market price for the hive.

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So going ahead with my investment strategy on SIM tokens I purchased one million tokens from the hive engine marketplace. I had placed a buying bid and it took a couple of days for the order to match but finally, it was filled. This is my token balance this time and I have taken this snapshot from the hive-engine marketplace. My purchase is done and now I will figure out how much more I want to grab from the market at a discount. I did some research that if you hold SIM tokens in your wallet then some amount of high will be distributed every day. I still need to see what APR they pay but I have heard that it is pretty good and it is also based on

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There was way less liquidity in the market for the SIM token so I had to wait and could not buy the entire quantity in one go. I will just take you through the market orders for buy and sell and now have a look at it to see if can you get one million tokens instantly from the market. It is difficult but I'm not saying it is not possible because possibility is always there. We just need to figure out the best way possible to get it done and the same idea because I placed the order for its fulfillment at a certain price.

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It is good that a lot of people are selling in small quantities which is not a big pressure on the token economy. It is good and it goes in favor of the project if there are fewer sell orders with less quantity then it is a clear signal that the community believes in the project. Below is the snapshot of my buying history I have been trying since last weekend to get this quantity and finally it is done. It is the sixth of October today and I got my last order filled today only so it is a process that took a week time. I think it will be difficult if somebody tries to buy a bigger quantity in a million tokens then the liquidity crunch will surely be there.

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Anyways now I have invested in the sim coin and hold one million to consider the moment so I will see what should I do next and how I can make the most out of this available balance. I will also be trying to increase the token holding as I see some buying opportunity. You never know when the price will drop or grow because it is unpredictable and that's why his market is hard to predict the next possible move.

Thank you so much
Stay Safe

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