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Lower Miner Price, Bigger APR .:. WorkerBee PH-Pool Week 146 by ph1102

View this thread on: hive.blogpeakd.comecency.com
· @ph1102 ·
$15.37
Lower Miner Price, Bigger APR .:. WorkerBee PH-Pool Week 146
It is so easy to acknowledge the title, but it is so hard to push the BUY button when the price is going down... It's much easier to do it when it goes up, isn't it? That's the trick in all this... *If it would be easy, everyone would do it...* 

When the price of the WORKERBEE token was over 2.5 HIVE I was telling you guys that it is too much and that it has to go down... If you know me, you know that I do not do that very often, or I do these "price predictions" only if I'm convinced that there is a very high probability to happen... As the WORKERBEE market is small, I was checking the market every day, looking at who is buying, why is buying, and who is undelegating, unstaking, etc. As the market cap is low, just a few hundred of tokens can dump (or pump) the price... 

<center>
![WorkerBee Pool.jpg](https://files.peakd.com/file/peakd-hive/ph1102/23z7BYNJEUbMFwjz94wSSqvVeiP3c8gRmH8yBDoy7hHUETmJWmAtoNH1sedcjrNxMmM2T.jpg)
*Created in Canva.com*
</center>

And here we are... The price is under 2 HIVE, and if you compare the BEE price (a token that you are mining with staked WORKERBEEs), you realize that the price under 2 HIVE is where the WB should be... You will see in the spreadsheet screenshots how the APR went up, and I would say that it will probably go up to around 10-12%... What does that mean? Well, I suppose that we will have more selling pressure on the WORKERBEE and a bit lower prices for the token... 

Is it a good investment opportunity? You will have to do your research about that... If you think that there are future for the Hive-Engine tokens, then maybe you could go in... If you think that the future competition will kill the H-E exchange, maybe it's not a good investment... 

The uncertainty is one of the main reasons why it is so hard to push that BUY button when the price tanks... But, if you are right, it knows to give you a nice payback... :)

<center>![pg divider203.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/pg%20divider2-03.png)</center> 

Back to the Workerbeee report numbers!

There wasn't too much movement in the pool in the last week... I suppose that lines up with the complete crypto markets that were in some weird "undecided mode"... Will it go up, or it will go down? A million-dollar question... 😃

Also, we got a small amount of WORKERBEE delegations from existing members, which is always nice to see! Thanks for your trust!

**In the last 7 days, we mined 126 BEE tokens in total!!!**

> **This POOL doesn't have fees and you get up to 20% MORE by delegating to it!** 

<center>
![WorkerbeePHPool01.png](https://files.peakd.com/file/peakd-hive/ph1102/23tHZXAiSazSQFCEmzum2r28rGJfTZbJJctxgoz1y9iH3qTRuNPwMNjAKLen44wKELpbE.png)
![WorkerbeePHPool02.png](https://files.peakd.com/file/peakd-hive/ph1102/23tcM15dN3DyL7H3RRPpy9ZVVvvN1R2LxGsMVorWJiwxXp49en4HCn57miUAR15zXWijM.png)
</center>

<center>![pg divider203.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/pg%20divider2-03.png)</center>

**What about the bonus tokens?**
I suppose that today's bonus token also can be put in the same basket as today's story... After initial hype around the InLeo rebranding + ads addition to the platform and the revenue share, the price went aggressively up... But, after a while, the dust settled and the LEO price went down slowly, which perfectly fits my LEO accumulation... As the price goes down, I'm buying chunks of the tokens, working on my yearly goal... The fundamentals are still the same as they were in the "hype moments", but people are scared, as the price goes down... Nothing changed... Amazing... 

There will be distributed 60 LEO tokens to the delegators of the pool as a bonus reward today!

<center>
![WorkerbeePHPool03.png](https://files.peakd.com/file/peakd-hive/ph1102/23xf574JqPaWKhCaAgxVKeHjNLgNXoPBcSrYwyCi1BWP5UV1QDubZH9iKXCYd9psSeCnT.png)
</center>

As always, in the end, let's give the exact numbers for this week...  There will be distributed 126 BEE tokens and 60 LEO tokens as a bonus... The APR (without the bonus) was **7.476%**, and when we added the bonus it went up to **9.014%**! 

*I have calculated the ROI approximately with medium prices for all tokens at the moment of creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price...*

> *Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter and we will find the best solution for both parties...*

<center>![pg divider203.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/pg%20divider2-03.png)</center>

> **If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week you will get the portion of mined BEE tokens and BONUS rewards!**

<center>![pg divider203.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/pg%20divider2-03.png)</center>

#### All payments will be made after publishing this post...

*If you have any questions, please leave them in the comment section!*

You can find more about this pool in the initial post here https://peakd.com/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other

<p> </p>

Thank you for your time,

~ph~

<center>
![pg divider203.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/pg%20divider2-03.png)

**If you want to support my Hive-Engine witness node, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses... THANKS!**

Don't forget to **follow, reblog, and browse [my Hivepage](https://peakd.com/@ph1102)** to stay connected with all the great stuff!

**You can also find me on [InLeo](https://inleo.io/@ph1102) .:. [Twitter](https://twitter.com/ph1103) .:. [LBRY](https://odysee.com/$/invite/@ph1102:5)**
</center>

Posted Using [InLeo Alpha](https://inleo.io/@ph1102/lower-miner-price-bigger-apr-workerbee-phpool-week-146)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 220 others
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@achim03 ·
$0.10
The lower the buy price, the higher the APR... people just don't get it ;-)
👍  
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@ph1102 ·
$0.05
Yeah... It is a simple math, but fomo and fud (emotions) are much stronger than math... 
👍  
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@achim03 ·
$0.05
fomo and fud are maths on steroids... or without brain lolol
👍  
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@biyimi ·
$0.05
I guess the Apr actually went up due to the selling pressure on the token 
👍  
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@ph1102 ·
It's simple math... miner token price goes down, mined token price stays the same... it means better APR
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@djbravo ·
Just like when prices are down, we don't buy for fear that they will go down further, and when they start to go up, we buy so that they don't go up too much. So first we have to read all the things, collect all the knowledge and then we can succeed. 
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@dkid14 ·
$0.10
I missed this post until I saw you had sent me some leo.  Thanks.  I am always looking for leo.  Let that be the bonus whenever you want. !PIZZA
👍  
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@ph1102 ·
Hehehe... Glad to hear that you liked the bonus! :) I like to change different tokens week by week, for different reasons... Not everyone likes the same tokens, and to promote different quality projects by distributing their token... ;) 
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@eii ·

!HUG
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@hug.bot ·
@eii, sorry!

You are out of hugs for today.

You can call the HUG bot a maximum of 3 per day.

The current call limits are:

|HUG in wallet|calls per day|
|-|-|
|0|1|
|1|2|
|10|3|
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@ekavieka ·
$0.10
>If it would be easy, everyone would do it...

that is one thing I should have learned when I was still active in airdrop hunting—and not selling some of the tokens that I get so cheaply. !LOLZ 
Now putting Workerbee into my next list : )

👍  
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@ph1102 ·
> that is one thing I should have learned when I was still active in airdrop hunting—and not selling some of the tokens that I get so cheaply. !LOLZ

I see no meaning in selling tokens that went to 0, when I get pennies for it... That means nothing, and it's like 0 risk to keep that in the wallet... It is already ZERO, what can go wrong? 😃
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@gadrian ·
$0.10
Yeah, the price was maybe influenced by recent issues. In the medium-long term, HE will have competition within the ecosystem, but there are important projects on HE that will not migrate (Splinterlands/GLG almost certainly won't migrate, and around them, there are other projects).
👍  
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@ph1102 ·
You are right... There will be competition and I hope that it will influence positively on everyone... It would be nice to see a bit better customer support from all our exchanges... 
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@hallmann ·
$0.10
>If you think that the future competition will kill the H-E exchange, maybe it's not a good investment...

I think it will be killed by technical issues. I’ve withdrawn swap.BTC 13 hours ago and still don't have it in my wallet.
👍  
properties (23)
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vote details (1)
@ph1102 ·
Despite being an H-E witness, there isn't too much that I can do regarding those problems... Hive-Engine is still very centralized as witnesses only validate transfers, but most of the things are happening in a centralized way...

I had issues in the past, but in the end, they were solved... Unfortunately, with some waiting time... :(
properties (22)
authorph1102
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@jfang003 ·
$0.09
I think 2 Hive per WB is still a bit expensive but if it drops lower, I might have to buy some more.

Thanks for running the pool and the for BEE/LEO tokens.
👍  
properties (23)
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vote details (1)
@ph1102 ·
Well, it went down to 1.25... I got some... 😃

Thanks for taking part in the pool!
properties (22)
authorph1102
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@josediccus ·
$0.09
Congratulations, for many price going down means more selling for them, when it should be the other way round. Every effort at investing is always replicated when the market finally goes up.
👍  
properties (23)
authorjosediccus
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vote details (1)
@ph1102 ·
Indeed! But, we have to be cautious as some tokens may never go back up... I hope that WORKERBEE and BEE aren't one of them... lol...
properties (22)
authorph1102
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@lovinggirl ·
this token is doing pretty good.
properties (22)
authorlovinggirl
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@pizzabot ·
<center>PIZZA!


$PIZZA slices delivered:
@dkid14<sub>(9/20)</sub> tipped @ph1102 


</center>
properties (22)
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@rafzat ·
$0.05
That means you made the right prediction 
Do you have an idea if it will still go below the present price?
👍  
properties (23)
authorrafzat
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vote details (1)
@ph1102 ·
I don't see a significant buy pressure atm, so it could go down a bit more
properties (22)
authorph1102
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@relf87 ·
$0.05
Thanks for the update and tokens!
!LUV
👍  
properties (23)
authorrelf87
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vote details (1)
@luvshares ·
<center><p>@relf87 sent you LUV 🙂 <sub>(2/4)</sub></p>
<p>Made with <a href="https://hive.blog/@luvshares">LUV</a> by <a href="https://hive.blog/@crrdlx">crrdlx</a></p></center>
properties (22)
authorluvshares
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@ph1102 ·
You are welcome! Thanks for taking part in the pool!
👍  
properties (23)
authorph1102
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vote details (1)
@tsnaks ·
$0.10
Yeah, workerbee seems to be a steal right now, maybe I should hop on that token myself :)
👍  
properties (23)
authortsnaks
permlinkre-ph1102-s4t3o5
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vote details (1)
@ph1102 ·
It's a small market and the price can go in both directions quickly, or stay at the current level if there is no interest in the token...
properties (22)
authorph1102
permlinkre-tsnaks-s4tzrn
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json_metadata{"tags":["hive-167922"],"app":"peakd/2023.11.2"}
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@urrirru ·
$0.10
People are selling WORKERBEE for 1.25 HIVE. I buy at this price in any quantity :) And I buy at 2.00 HIVE, but less. 
👍  ,
properties (23)
authorurrirru
permlinkre-ph1102-20231128t016471z
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json_metadata{"tags":["hive-167922","workerbee","pool","blogging","hive-engine","pob","pimp","aliveandthriving","ctp","leofinance"],"app":"ecency/3.0.37-vision","format":"markdown+html"}
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vote details (2)
@itwithsm ·
1.25 for 1 WORKERBEE token?
properties (22)
authoritwithsm
permlinkre-urrirru-20231128t14277389z
categoryhive-167922
json_metadata{"tags":["hive-167922","workerbee","pool","blogging","hive-engine","pob","pimp","aliveandthriving","ctp","leofinance"],"app":"ecency/3.0.37-vision","format":"markdown+html"}
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@urrirru ·
Yes.
properties (22)
authorurrirru
permlinkre-itwithsm-20231128t182546205z
categoryhive-167922
json_metadata{"tags":["hive-167922","workerbee","pool","blogging","hive-engine","pob","pimp","aliveandthriving","ctp","leofinance"],"app":"ecency/3.0.37-vision","format":"markdown+html"}
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@ph1102 ·
$0.17
Hehehehe... It looks like a good deal, but who knows what will bring tomorrow... It's always risky to deal with low liquidity tokens... 

Cheers!
👍  ,
properties (23)
authorph1102
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vote details (2)