The Things To Consider Why You Should Replace Your Token Asset With Another Token
The factor of unprofitable is the main factor an investor decides to replace an asset of their token with another token. Then, what are the profit factors that must be considered for stakeholders tokens on Steem Engine? We will discuss it in my post this time.
Currently, the token investment talks discussed are focused on tokens that are traded on Steem-Engine. Generally, these tokens have their own "SCOT Tribe" platforms for the token mining process running on the Steem Blockchain.
Token projects on Steem Blockchain have reached a sufficient age for investors as well as users of the "tribe" to summarize the investment returns. Here are some things an investor in Steem Blockchain considers to draw the conclusion that a token does not bring maximum profit.
Big Capital Token Power, Produces Small Vote Values and Small Curation Results
For me personally, I have compared several tokens with the results of curation obtained, and also from the value of votes created to curate a post.
In this article, I will not mention the name of the token, but maybe those of you who invest with several tokens in SE will know enough about the tokens I am discussing here.
There is a token that I have with a power of more than 10 K, but it creates a vote value below 10 tokens and the result of curation per day is not more than 50 tokens. The price of this token is no more than 0.006 Steemp.
In other tokens that I have with only 1 K power, creating a vote value below 10 tokens, but the results of curation per day are more than 50 tokens. The price of this token around 0.07-0.1 Steemp.
Other tokens, with a power of more than 10 K, can produce a vote value above one hundred tokens, and the results of curation above 500 tokens. But the price of this token is still not stable and had plunged in the position of 0.001.
Of course from some of these examples, we can see that I will retain and add performance to tokens at number 2 which are more effective.
Your Big Token Power Does Not Succeed in Increasing Your Post Payments
One of the expected sides of being a token stakeholder is to be able to increase your post-payment results. It is hoped that there will be other stakeholders who will give you a vote, or you will get curation from the main account of the Scot Tribe project.
If your big token power is not able to produce maximum post-payment tokens, this should be considered, combined with the important points in the previous section.
The Scot Tribe to Mining Tokens From Content Has Difficult Topics
Some tokens that you stake have their own content topics. Compare with each other. If the topic of content is considered difficult for you to create content, but the daily curation value of your power is profitable, you deserve to maintain this token.
However, if the topic of a platform's content spends more time if you create content, and the results of curation are completely unprofitable, then this token is worthy of your replacement with another token as your asset.
The Scot Tribe Doesn't Provide a Daily Curation Program
The daily curation program from the main account of the Tribe is the most expected thing from the stakeholders so that the stakeholders also earn benefit from the content, not only from curation.
When in the previous points a token has a bad conclusion, and then it doesn't have a clear curation program, then it's time for you to replace the token with another token that has a better profit.
So, it's time to conclude your investment returns. Day after day many new projects are feasible compared to which are more profitable.
Then, one more thing when you want to sell tokens to be replaced with others:
Don't forget to look back at your expense record for the token. Sell the token at a price position that already gives you a small profit. Or at the very least, don't let your selling price suffer losses compared to your previous expenses.
Manage your tokens wisely, and don't forget to create content!
Keep Steem On!
Regards,
A Content Writer and Social Media Manager From Indonesia
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This is an interesting point of view how you are weighing on which tokens to stake on. Some of the tokens I stake on actually is running along with other projects, while some of them I like their concept of "keeping their token value strong".
As when it comes to different tokens with different tribes (category) specific (along with its motive of why the token was created at the first place) will usually be my interest in writing a post on it.
I have come to notice that when a token is too generalised in its acceptance on the tribe, the lower the chances we have that revenue from it.
So I suppose when you choose it properly with well-thought content to attract (especially) the moderators when they curate your post, this becomes a positive challenge for someone who means business when it comes to writing.