VOUCHER tokens are one of the tokens in the Splinterlands Game. They are being air-dropped to people who have staked SPS (Splintershards) tokens. This is important because you need to have VOUCHER to buy the Chaos Legion Packs.
I want to accumulate HE-Index so I sold my VOUCHER yesterday and received 17.4 Hive. I used that and some of the Swap-Hive that was already in my account to buy 22 more HE-Index.
The first sell order I put in was a little over the highest bid at the time so it wasn’t moving. I cancelled that order and Jon told me to put it in just below the highest bid and it went real fast after I did that.
That purchase brought my HE-Index to 391. My first goal is to accumulate 500 HE-index. I went back to my Wallet in Hive-Engine to see what other tokens I could sell for more Hive. I sold enough to get my total HE-Index holdings to 400.
Why Do I Do it This Way?
The first reason is that the more HE-Index tokens I have the larger share of the VOUCHER tokens I will receive. HE-Index already has the tokens I would invest in anyway. And they are purchasing cards from Splinterlands to rent out now. So I will get a share of that as well.
The second reason is that I want to show people that it is absolutely possible to get into crypto without spending money they don’t have. I am creating content and commenting on and upvoting content from other people. I earn my crypto that way. Invest your time aka sweat equity.
Dollar Cost Averaging — Another Way In
Blain and Jon talk about dollar-cost averaging all the time. An example of it is:
Say you have 100 dollars available each month. Take that 100 dollars and divide it to invest in the crypto you are interested in accumulating from the projects you want to support. Never go over that amount each month. Depending on how much each token is you’ll either get more or less of it. But you will not have to stress out over the values going up and down and you’ll not spend what you can’t afford to lose.
It doesn’t have to be 100 dollars a month. You can start as low as 5 or 10 dollars a week. I have used a little bit out of pocket. But I have mostly been using what I earn from my activities. I have 80 percent of my first HE-Index goal. It’s great because all I do is accumulate, hold and earn from it. How simple, even easy is that?
So stop waiting around. This is so fun and easy to get involved.
See you tomorrow!