It is Worth Taking a Look at STARPRO Market Performance

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The small marketcap Tokens and games that are not part of the traditional social media hype have some of the most interesting mechanisms happening around them. @risingstargame + STARPRO is one of those cases coming from a project that has managed to survive two bear markets without outside funding (the DHF Proposal unfortunately failed).

Price Against $HIVE

This is good performance to say the least. One would consider an ERC-20 Token that outperform $ETH as a Token that is worth looking into. STARPRO has been outperforming HIVE for many months. I do not expect this to go on forever. HIVE is one of the most underrated cryptocurrency projects that most people are sleeping out on.

A project that has been around for a long time is likely to stay around for a long time. Depending on the size of your portfolio, having some STARPRO investment can become helpful. Low liquidity will not facilitate entering or exiting in large values. Most of the strategies and trades I write about tend to be best suited for minnows and dolphins rather than whales.

Investing Through Gameplay

Above are two screenshots of my Music Promoter participation. This is essentially burning STARBITS to receive STARPRO rewards at the end of the day. The players make Bids on various Missions and everytime a Mission is played, STARBITS gets deducted and players earn a portion of the STARPRO Rewards Pool. On most days, only a few STARPRO Tokens get paid out.

To earn STARBITS; go to the official website and login with HIVE Keychain or similar key management tool. You can invest your gameplay earnings into STARPRO and completely avoid rising any part of your portfolio.

Rewards vs Price on DEX

Burning STARBITS is great for the developers, community and Tokenomics. It is not always the best course of action for your personal gain. In order to optimized your investments, an extra step of research is required. What you are seeing above is the Rewards for the previous day. For each 1,341,408 STARBITS burned, players earned 1 STARPRO.

What Does The Diesel Pool Offer

What Does HIVE-Engine Offer

The following is based on DSwap exchange rates. A more patient trader can get a better exchange rate through traditional order book. It is inconvenient and orders don't always get filled. The option is still there for those who are willing to use it.

Those who participated in yesterday's Music Promoter Missions did to get a great deal. I did not participate yesterday. That does not mean I get things right all the time. The goal of investing is about never loosing. It is about having more wins than losses. I do not know of a single trader who have not faced huge losses. Most of them loose 1/4 to 1/3 of their trades. That is perfectly acceptable.

What you need to know about the current topic is that there are days where Music Promoter can give 10%+ extra STARPRO for your STARBITS compared to what you would find on a DEX.

If you are willing to take an extra risk, it is possible to purchase STARBITS on a DEX and use it for Music Promoter Bids and then swap the rewards back into STARBITS or any other cryptocurrency of your choice. I will eventually sell some of my STARPRO for $HIVE. I erroneously thought I had seen STARPRO price against HIVE reach a top. It turns out that I was not even close.

Happy Trading!

If you learned something valuable about trading or games on HIVE, share this article around and let others find the same knowledge. There are many opportunities in cryptosphere for all of us to profit. It is better to share the knowledge and make some friends along the way 😄 📚 👨‍💻

Posted Using LeoFinance Alpha



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