A good time to ape into ape?

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Don't know about you but to me it feels like it's a good time to ape into ape!

By ape, I of course refer to the native token of ape mining club. Here is a link to the game if you haven't heard of it before:

https://apemining.club/

And here is a link to the discord server:

https://discord.gg/Kx3BKAP3

So, why does it feel like a good time? For starters the price is way way lower than the initial listing price of two hive per ape. The user base is also expanding and the inflation is relatively small into the tokenomics quite interesting. Finally it's worth mentioning that marky has said that ape may have use cases in future games.

Anyways, I know I will be throwing a few bucks every day and DCA myself to a decent sized ape bag as long as prices remain to these levels.

Please note I don't have any plans to actually play the game as blockchain games are not my thing, this is pure price speculation.

And as always NFA, these are just the random ramblings of a random guy on the internet with a silly cartoon profile picture.

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30 comments
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Bang, I did it again... I just rehived your post!
!BEER
3

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speaking of profile picture, it would be cool if you wrote a post about why you choose it :)

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As you were writing this post, I was myself looking into Ape Minining Club. How no clue how it works, but if you money are good for it, I suppose mine's should work also. What miners do you buy?

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as blockchain games are not my thing,

Is this why you are earning SPS on splinterlands but still in the novice league? Hahaha.

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I like to ape in.

Do we get daily cash or something like that? I see some people become dividends. Is that from holding or playing? I don't want to play eighter.

Because I don't want to read it, I simply ask you. Everytime i try to read a whitepaper this happens:

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You are a costly person to follow lol. Let me finish my AVA purchases first and then will catch up later. Too many things with too little resources right now. Lets hope prices last a while yet as still chiseling away at many other things.

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I decided to try throwing in 3 APE into CPU and leaving the rest in my wallet. I wonder if I will see a difference in my returns.

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I probably should take a lot more interest in these blockchain games on the investment front. Maybe I'll follow suite and start throwing a few bucks at those with perceived potential

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Ape is looking interesting and simple mining mechanics that might be extended in the future. I was just looking at it so might get in as well.

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You'd benefit buying some miners, or don't. Then the reward pool stays bigger and I get more.

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(Edited)

It's not really a game you play. You just spend ape to buy miners from pools with varying outputs to get more ape. It's worth throwing a little into in my opinion. If you hold ape you get a return, but if you're mining it you get a daily income stream that can increase based on community participation, then hold (some) if you just have to hold something. 😁

Not Financial Advice! I'm just some Idiot on the internet... but I'm on Hive, so I'm not a complete idiot.... maybe.

Chest thump and bounce!

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I have not acted on a lot of gaming opportunities because trying to find more time for gaming is just not an option for me. However, I also take a speculative position from time to time. Same thing for NFTs really...

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I bet you are right now @trumpman! I just got break even from my investment so every ape token that I mine going forward will be reinvested in miners! Yeh, 70% decrease the last month should qualify for some great buy-ins :D Good luck mate, remember never go full ape tho ;)

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A wise investment choice in my opinion, but I’m also just a guy on the internet, under the influence and all!... so,

Good luck with your ape-ing,

I got into that shit seriously (of course) at the start, I do currently hold a "bit" of miners,

35 CPU
1 CLOUD
6 GRAPHICS CARD
5 ASICs

Which currently are churning in about... well, ill just get the numbers, from last night's payout.

@apeminingclub transferred 6.713 APE to @eythorphoto - about 23 hours ago.
@blockheadgames transferred 0.134 APE to @eythorphoto - about 23 hours ago

The later payment of 0,134 is from delegating 355 HP. (i just recently pulled that down in order to increase my own, as well as diversify).

Delegating to the APE club (I don't remember which account at the moment, I am sorry), is also quite a viable method of "stacking up" some APE.

Again, have a great night and I certainly hope your investments in the APE will go as planned!

Eythor Play2Burn

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!PGM

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Sent 0.1 PGM tokens to @trumpman

remaining commands 1

Buy and stake 100 PGM token to send 0.1 PGM three times per day,
500 to send and receive 0.1 PGM five times per day
1000 to send and receive 0.1 PGM ten times per day

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