Fun

Seasonal Tokens: Summer’s Price Rises After the Halving as Expected

News Feed - 2023-04-11 08:04:05

Seasonal Tokens: Summer"s Price Rises After the Halving as Expected press release


PRESS RELEASE.The Seasonal Tokens economy has gone through its second change of season. Like bitcoin, the four tokens – Spring, Summer, Autumnand Winter– go through regular halvings of the supply from mining. Every nine months, the rate of production of one of the tokens is cut in half. On the 6th of March, the Summer halvingtook place. Summer went from being produced at the fastest rate of the four tokens, to the slowest.


As the market adjusts to the lower rate of supply after a halving, the token that was previously the cheapest gradually becomes the most expensive. This happened with Spring after its halving in June of last year. The same process is now unfolding with Summer. Autumn tokens, which are now produced at the fastest rate of the four, have become the cheapest token, and can be expected to remain that way until the Autumn halving in December. Meanwhile, Summer is rising and is now tied with Winter for second place.


The tokens are designed to slowly cycle around each other in price so that traders can take advantage of the predictable price changes and accumulate holdings over time. The rule for successful trading is simple: Always trade tokens for more tokens of a different type. This eliminates the risk of making a loss, measured in tokens, and it guarantees that the total number of tokens held increases with every trade.


Before June 2022, a trader could get between 40% and 60% more tokens in total by trading Winter for Spring. After November, when Spring was the most expensive of the four, those traders could trade Spring for Summer and gain more tokens in total once again. Over the coming months, Summer will tend to become the most expensive token, giving traders a third chance to increase their holdings without spending more money.


Like bitcoin, the tokens become harder to obtain over time, making them suitable for use as a store of value. Unlike bitcoin, however, holders have a way to get more coins without speculating. A trader could try to get more bitcoins by selling when the bitcoin price is expected to fall, but the price might rise instead, leaving the trader with fewer bitcoins overall. Trying to accumulate bitcoins by trading necessarily involves gambling, and comes along with a risk of loss.


The predictable cycles in the relative prices of the four Seasonal Tokens make it possible to accumulate tokens through trading without the risk of ending up with fewer tokens. The total number of tokens a trader owns will increase and never decrease whenever they trade tokens for more tokens.


A trader who started with 5 Autumn tokens and traded them for Spring and then Summer could exchange the Summer tokens for 10 or more Autumn tokens today. Regardless of the prices of the tokens measured in dollars or BTC, it’s better to have 10 Autumn tokens than to have 5. Trading tokens for more tokens is better than the buy-and-hold strategy.


With most cryptocurrencies, holders rely on price appreciation to make a profit. With Seasonal Tokens, the tokens don’t need to appreciate in price for holders to benefit. Prices that cycle around each other predictably are just as good as prices that go up over the long term.


Traders can try it out for themselves without putting any money at risk by using the Seasonal Tokens Trading Simulator. It compresses ten years of price oscillations into a 5-minute simulation, letting traders see how fast their holdings can grow over the next ten years as they trade tokens based on the changing seasons.


Traders who want to accumulate tokens with real value can add the tokens to MetaMaskusing the buttons on the Seasonal Tokens website. After that, other digital currencies can be swapped for Seasonal Tokens inside MetaMask. The tokens are also listed on two centralized exchanges, Coinstore.com and CoinsBit.io, where they can be traded for USDT.


Seasonal Tokens are the first digital assets designed specifically for seasonal trading. They allow traders to predictably beat the market by actively managing their portfolio of tokens. Instead of powerlessly hoping that their assets will appreciate over time, traders can use Seasonal Tokens to gain control of their portfolio’s performance. Seasonal trading outperforms buy-and-hold as a strategy for building wealth, and these tokens make it possible to use this superior strategy in cryptocurrency trading for the first time.


Visit the website at seasonaltokens.orgto learn more.


https://twitter.com/Seasonal_Tokens


https://seasonal-tokens.medium.com/


https://discord.gg/Q8XZgJEDD3


https://www.reddit.com/r/SeasonalTokens/


 


 


  Tags in this story Seasonal Tokens


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Media


Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. China"s Inflation Rate Drops to Lowest in 18 Months ECONOMICS | 2 hours ago Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet MINING | 4 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleGroveCoin Network Goes Live on the Market with Sustainability and High TPS Next articleAI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets More Popular NewsIn Case You Missed ItNFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales


Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40% FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Terra"s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

News Feed

US Treasury Secretary and Indian Finance Minister Discuss Crypto Regulation
US Treasury Secretary and Indian Finance Minister Discuss Crypto Regulation U.S. Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman discussed crypto reg
Turner Wright4 hours agoFormer White House official will lead Ripple’s policy and government armRipple’s newest head of U.S. public policy previously worked in similar roles at Softbank Group, Zoom and Lyft following
Leading Auction House Christie’s Listing Bitcoin Art for the First Time
Leading Auction House Christie"s Listing Bitcoin Art for the First TimeThe world’s largest auction house, Christie’s, will be presenting Bitcoin artwork for the first ti
Mirandus: Open World MMORPG Finally in Web3
Mirandus: Open World MMORPG Finally in Web3 press release PRESS RELEASE.Finally, the moment has arrived. A dozen hours have gone into farming the materials needed for a brand-new mi
Ana Paula Pereira2 hours agoVC Roundup: Investors eyes blockchain analytics, gaming and crypto privacyBubblemaps, CoinScan, Hinkal Protocol, and Mythic Protocol are among the latest crypto and blockchain funding deals.39
Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 Million to Search Landfill
Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 Million to Search Landfill A man has accidentally thrown away a hard drive containing
Vinnik to Be ‘Hostage’ in US Amid Russia’s War in Ukraine, Greek Lawyer Says
Vinnik to Be ‘Hostage’ in US Amid Russia’s War in Ukraine, Greek Lawyer Says If extradited to the United States, crypto exchange BTC-e’s alleged operator Alexander Vin
Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget Increase
Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022"s Largest Retarget Increase Bitcoin’s mining difficulty reached an all-time high on October 10, whi
Tom Mitchelhill7 hours agoSam Bankman-Fried’s political donations can be surfaced in trial, rules judgeDespite campaign finance charges being dropped in July, the prosecution has been granted permission to present evid
Bitcoin Price Breaks Out Of 7-Month Descending Broadening Wedge Pattern For Continuation Above $70,000
Este artículo también está disponible en español. Recent market inflows and dynamicshave seen the Bitcoin price breaking free from a 7-month descending broadening wedge p
Bitcoin analyst ‘optimistic’ of buying BTC lower as 3 trendlines fail
William Suberg8 hours agoBitcoin analyst ‘optimistic’ of buying BTC lower as 3 trendlines failBTC’s price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery com
Polkadot Price Soars 15% In One Day — Here’s Why $7.5 Might Be The Next Target
Este artículo también está disponible en español. The cryptocurrency market saw some of its best days over the past week, with several altcoins enjoying the positive clim