My buying strategy
Okay, so I decided to start posting on our Brofund-leo account. We have big stake in this project and it's only good that we participate in it. Right? Right!
So let's talk about where we're going with the brofund moular. If you're unfamiliar with the term moular, then excuse my British colloquialism, it means money!
At the beginning of the brofund journey, when sales where crackalackin, I took out a good $1000 and put it into various projects over the interwebz. Most notably HEX, since a sizeable chunk went into that project. It was about $800 at the time, which bought us around 400,000 Hex roughly. We staked that and with all being well we should have around 830,000 coming back to us on the 20th. If prices stay on their current trajectory then we'll have well over $11,000 coming to us. That will all be going back into the brofund coffers.
We are very much thinking about going hard into Leo again with that. We'll see.
Right now I am running out of good coins to diversify our portfolio with on Hive engine. We already have HUGE stake in the best of what's available. So I've thought up a classic idea. People that have ideas for projects but don't have the funds to take it off the ground -- we'll fund it, in return for a portion of the profits. Kind of like what we do now, it's just more like buying an early stake.
We've already funded three projects so far. Want to be the next one? Oh, I don't just accept anything. There has to be a long confirmed reputation history and we'll have had to get to know you first! Can't just come into our discord with your cap out. You'll likely get shunned.
I get asked a lot why I'm buying up hive stake. A lot of people think hive isn't worth much right now and it's a coin that eternally spirals downwards. I hear that, but also I'm thinking about the potential of DreamR and the delegation rewards. I want those to be drip fed into our community. It's going to be immense.
Right now I don't have many long term holds for the future. If I wanted to hold anything in liquid form it would probably have to be BTC and Eth. Those coins have made the most gains in the past, and it's what I term to be "the big two." Always money to be made with the big two in crypto season.
We are going to buy land in splinterlands. That is a definite. Something I'm not keen on is that I will have to sell of some of our current liquid to get into this land deal. I've been a real penny pincher as of late. Only selling when I really have to. I have a long term plan with this project and it's not something I plan to give up on in the next 10 years! Hopefully in time everything will run on auto.
For now, that's it. I'll keep you guys updated as much as I can on this account whenever I think of something to post!
Posted Using LeoFinance Beta
Looking forward to seeing what you guys do with your Leo account.
The venture capitalist idea sounds cool and would fit in perfectly with the finance community that we're trying to build here. Updates, hearing pitches from the community would all be cool to read and beneficial for everyone here.
See you around :)
Posted Using LeoFinance Beta
Depending what the coin prices for leo are like on the 20th, you might see us wipe the entire sell wall off the market. We'll see though. In crypto a lot can change in 20 days!
You guys can double team me with the venture capitalist idea. The more the merrier, if that's something Khal would be interested in then definitely fire me a shout. With two projects backing funds, that's going to be an awesome start for newbs.
Posted Using LeoFinance Beta
Fireee.
Posted Using LeoFinance Beta
Cool, I appreciate the support so far and I look forward to the things you come up with further on.
Oh, and btw, that's an awesome ROI, $11K. Congratulations!
Posted Using LeoFinance Beta
Are you in our community? I haven't seen you around my man :) And thanks :)
Posted Using LeoFinance Beta
Unfortunately not. I've heard many great things about it, especially lately, but I still haven't jumped off the fence. Mostly because of my rather limited time right now. Sounds interesting though, so my plans are to check it out in the the next few days.
Posted Using LeoFinance Beta
The road ahead looks like a bright one. And it's very inspiring for me as an individual to see that slowly reinvesting and building up something can have such good results. Keep up the financial good work!
Slow accumulation of valuables over a long period of time wins the day always. I've ditched get rich stuff and took the long path - it's going to be fun :)
Posted Using LeoFinance Beta
Slow and steady, but sustainable. 💪
Great strategy on investing early into a project. But with that high risk is also involved and if the project is successful that becomes a great Win.. I am also thinking of buying some plots.. Its been a great journey so far with Splinterlands.. Cheers and Best regards.
Posted Using LeoFinance Beta
Have you bought some BRO yet? :)
Posted Using LeoFinance Beta
Yes, I have 3 BRO tokens for now. And am slowly building up my portfolio with it. Cheers
Posted Using LeoFinance Beta
It's a great initiative, but you REALLY need a better title -
Something like 'Looking to fund projects on Hive' !
Posted Using LeoFinance Beta
Very interesting your investment, it's great to see them active again. On the other hand, we are interested in being able to be financed to continue contributing more value to the Leofinance platform, you can see our profile. In general, I hope to see more publications from you again. Great work.
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