SEED Holdings Report #12 - Crazy idea in the making (again, feedback required)
This week has been one of those busy ones from my 'real life' side of things, from the internet side relatively quiet. However, early this morning had a crazy idea (but a very utterly obvious possibility) regarding seed that I need to share ASAP. Let's recap.
- Private funding acquired, details here.
- New token on portfolio, Demole $DMLG
We're standing as follows right now:
As I said this week we added a new token through presale, $DMLG
- We bought 12800 tokens for 400$, so 0,031 $ each. We already sold 4224 for 1060 BUSD. So it's already an x2,5 on our initial plus 8576 tokens valued at almost 1900$ of pure profit.
In my previous post, I shared details about a Private acquisition of SEED tokens for 17K$, which for the moment added to our DAO Maker Position (6K DAO).
Current SEED Stats:
Circulating Supply: 86,500 tokens.
Total Supply; 100.000 tokens (13,5K unissued).
AUM Value (All assets): 141.915$
SEED TOTAL Value: 141915/86,500 = 1,64$ /SEED (+64% since the beginning).
67/2 = 32% MoM profit
And this is where the (possibly) fun starts.
- Currently, I'm adding 25K DAO from my own portfolio.
- After the last funding, SEED holders control 24,5K DAO.
The DAO position for SEED holders accounts for 49,2% of the portfolio.
You are seeing what I am seeing?
If we sell the other half of our portfolio and go all-in into DAO, Seed alone would hold the 50K DAO required for the 'whale status' on their own. This, obviously would entail very powerful pros and a very obvious con.
Let's disclose:
'The' CON:
We're concentrating our portfolio into (a bit irresponsibly should say), all-in position. If DAO Maker value halves, we're facing severe consequences. However, we can attenuate a bit this particular risk.
We're losing (at least temporarily) the 'anchor factor' of HBD which until now has been giving us a place to hide on rainy days.
Multiple PRO's:
Until now, DAO Maker allocations have been shared between seed and me (@empoderat) on my right contributing with more than half of the collateral. If as a collective we use our portfolio to acquire the remaining 25K DAO, we would get the ENTIRE allocation.
- We're talking about doubling the allocations (basically receiving the other half), hence doubling the excellent results that we've been achieving until now.
Using the $DMLG example of before, just double the numbers.
We bought 25600 tokens for 800$, so 0,031 $ each. We already sold 8448 for 2120 BUSD. So it's already an x2,5 on our initial plus 17152 tokens valued at almost 3800$ of pure profit.
We get rid of all the Locked values of our portfolio (also all of our 'safe' value on HBD) except the HIVE, which will keep sitting into the @seed-treasury account. This often is an underlooked factor, we're talking about getting access to 30% of our value in $.
$DAO itself is a very decent project. If an alt season is coming, we could probably be x3-4'ing easily this position (this is also a con because it goes both ways).
As a consequence, we're increasing by orders of magnitude our volatility. A big price to pay, but the potential reward could be also amazing.
How would it be carried out?
If I see enough support in the comments section it's as easy as changing accountability numbers and preparing a new ETH wallet to keep previous and upcoming allocation segregated.
HBD savings sitting at @seed-treasury would be transferred to my personal account.
We're ready to make this move? How do you see it?.
Maybe it wasn't clear enough, but if I'm proposing this it's because I'm 100% into it. Once again I want to see some community reactions.
If the ''it's up to you, master'' dominates, we're doing this move.
What do you say, SEED holders, are we ready for a high-risk- high reward move?
Whatever the case, enjoy the weekend :)
EDIT
We're doing it. You're awesome.
.....
100% of blogging rewards paid to @seed-treasury.
Remember you can follow the portfolio in real-time here:
https://cointracking.info/portfolio/seedtreasury
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Posted Using LeoFinance Beta
So far you supported SEED play by adding your own money as well. That got us into the game at DAO maker, besides your knowledge ofc. I have no problem when you continue like this, but since you brought up the idea of SEED becoming 100% owner of the whale status without the need for your personal money, I suppose you like such a more 'clean' setup of the SEED fund.
Sure, SEED will add risks due to betting on one horse. But we (I) have to follow your advice. When you believe in DAO Maker, for this bull run, but also for after this bull run, then why not execute this plan? I assume 'we' can unlock the DAO maker tokens whenever we want? Ie when 'we' see things going the wrong way without the 'feeling' this wrong way will not recover any time soon-ish, we can leave DAO Maker and move the funds to something more sustainable, whatever that is?
As you may remember from some of our extensive chats at SEED TG group, I can be somewhat a gambler from time to time. Mostly I try to be an educated gambler :) Or be wise enough to follow the right peeps. With SEED I took the plunge very very early and so far so good :) Now am buying some Dark Frontiers as well. I suppose I believe in the 'mind' behind SEED. When that mind proposes for SEED to go all-in into DOA Maker: I can just say... 'DO IT'... As mentioned already, it'll make SEED fund more ' clean' which I personally like as well. And if I was the fund manager, I would like to have a 'clean' SEED fund.
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It's a privilege to be around people like you edje. This comment is top notch and exactly on point.
Yes, DAO tokens are sitting in an ETH wallet WITHOUT smart contract risk and/or some kind of freezing/cooldown period. When we feel necessary, we can simply walk away.
Means a lot coming from you. I'm also happy to see things pushing ahead and the results coming in.
That's true, but this is however a 'personal issue' and shouldn't interfere with the normal functioning of the project as the rules are settled since the beginning.
This is a risky but rewarding potential play.
Once again, thx
Go big or go home as this is an opportunity that surely we cannot walk away from. Alt season is coming and this is when we have to make this count and you do know what you are doing. I back you whatever you choose as this is us investing in you and we are here for the ride. I know what I would do and you obviously know what you would do if you weren't asking. Go with your head on this.
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I was feeling a bit uncomfortable holding that much HBD (that's it; I said it!), but I'm confident we'll be able to recover soon enough a big chunk of that position.
thanks for the support :)
If you are in I am in as well. It's a scam anyways
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Lol, I was waiting for your comment to see what you come up with
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He seems smarter than me, so I just chill back and enjoy the profits. Or the rug pull 😂
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:D
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Always has been so...
@edje has already written a novel, so I'm keeping it short :)
I've been buying SEED because I like the way you think, trust your judgment and see the results. I'm in, do it!
Thanks again for the work you're doing!
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😂 😂 😂
It is taking a high risk, but without risk there is no gain.
I would, but then I would re-form the HBD position as soon as possible, using the benefits.
Exactly what I had in mind :)
This sounds perfect, I say go for it!
I joined into the SEED project looking for a little more risk. Being a veritable noob trading wise I wouldn't know where to start and would probably end up rekt if I tried on my own. :)
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Thank you oldmans.
I would encourage everyone to try to trade with a very small amount. It's like a videogame... but with financial gain/loss.
Put it all on black.
Already did. Thx.
Screw it. We all need a bit of YOLO.
I say go for it. Increased volatility is not my thing but in this instance it is exactly what is needed. That is a trader's dream. Since we are looking at taking advantage, pushing ourselves in that direction is a good idea.
You showed yourself to be adept at navigating through the waters, taking advantage of the opportunities as they present themselves.
Sometimes one has to swing for the fences as they say. To me, it seems like a sensible thing to do with SEED.
Let's go big.
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Exactly the kind of feedback that I was idealizing in my mind.
thx taskmaster.
Let's go big and aim for an (even) bigger pie.
I invested in SEED exclusively because I trust you. If you think it's a great opportunity, why not?
I say try this road!
Thanks for the support, hope it brings the expected results.
I trust you and I don't have much exposure to these types of investments. So I don't mind you going forward with this idea. After all you have done the research and I haven't.
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Perfect, thx
I'm in. It's a small amount to risk anyway for me, but the upside is pretty damn exciting.
I like the risks you have been taking so far. Trust is your judgement is something that has been earned.
I am happy that I took the leap of faith at the start with Seed, just wish I had had more to leap with.
As Captain Picard would say. 'Engage'
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Thx bud.
I think when it comes to good timing in trading they have proven that they know what they are doing. It's an interesting case where we will learn something else.
Go for it!