Why chase that 100x investment when you can break it up to get the same result?

almost 3 years ago (Edited)

Hello, SPIer's. How are you doing, still getting rekt? It's not a nice feeling to watch the gains we got over the past few months being wiped away like words wrote into the sand, sucked into the ocean controlled by the whales. But hey, we love it!, we love the action and there's no other investment in the world can lose you 50%+ in a week and be considered to be normal.

Will SPinvest react to this market?

Nope, we are gonna hard strong (or stupidly) and weather this shit out.

Today, let's look at crypto compounding

Everyone goes for that 100x-1000x token, they buy shitcoins hoping for a lottery win sized bag of profit. "Im getting in on the ground level" is a good one and normally the way people justify these investments. They are in fact, just like lotto tickets and your chances of a quick (3-6 months) 100x are a dream. Im sure if you buy into 50-100 shitcoins, some will pump and I'd even guess you'd make a good profit if you can sell (must people cant) and reinvest into other things. If the bullrun is the continue, we can assume that crypto prices will bounce soon making this an excellent time and maybe one of the last times to get into BTC at under $40k, ETH at $2k, etc. Let me show you how you can get 100x return with much less risk and without buying lotto cryptos.

We see lots of people buying into new projects hoping for that win but in general, we are told to do the opposite of what everyone does are at least dont follow the crowd. If you have $1000 to invest and a few years to wait, it could be the easiest money you've ever made.

Why try to hit a 100x when you could break it down into 3x 4 times?

We've all had crypto's that have 3x'd. Even on HIVE, LEO was trading for a few cents last year, SPI's have 5x'd in the past year and HIVE itself was trading for under 15 cents half a year back. What have you done with those gains? Did you sell any LEO when it was trading for over $1 and if not, why not? If something 20x in 6 months, you should sell some even if you think it's going to the moon. You cant lose money by cashing out after a 20x run. Put your emotions to one side and do what you'd advise a friend to a family member to do and take some profits.

If you are able to 3x an investment on 4 token flips, you can get a 81x return. Sounds pretty crazy? Let me show you.

$1000 invested into token A and sold for $3000
$3000 invested into token B and sold for $9,000
$9000 invested into token B and sold for $27,000
$27,000 invested into token C and sold for $81,000

What if you started with $10,000 and stopped after 3 flips? $270k

It looks really easy when written like that and picking which token to invest into is where most people think they have a problem. You'll never get perfect x3 either, you might 4.5x on one token and 2x on another. My advice is to do this during the bear market and 3x is easy to find. Can you think of any token in the top 100 that has not at least 3x'd over the past year? Think about that a second and you'll still see that token selection is not that important as everything pumps during a bullrun, it's more to do with timing.

Let me show you an example from SPinvest
SPinvest has only been around for 2 years and we only really started off-platform investing properly 1 year ago so we've not made 81x returns yet but we have an example of one in progress.

SPinvest earned a butt ton of LEO back when it was trading at around the 0.1 HIVE mark. When it started to pump and the price crossed the 1 HIVE mark for the first time, I sold off around 13,000 LEO tokens for $1950 which were around 40% of SPinvest holdings at the time. I sold them because they had 10x'd in the space of 2-3 months. There was no emotional attachment and 10x is 10x. I took the funds from selling those LEO and bought 6 ETH at $330. Those ETH today are worth $11,500 or $22,000 last week 😅. I think that ETH will hit $10k this bullrun so we'll prob sell ours at $8k which would bag us $48k. Then we reinvest that into the next one.

It will take a few years but you can see how this will play out. When we sell the ETH, we hold a stable token until the market corrects and we enter the bear market and then we re-enter looking for our next 3x-10x token to invest into. If you can think in years and not months, you can reach your goals faster.

Thanks for taking to time to read today post.

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12 comments

@roleerob 71

almost 3 years ago (Edited)

Yes @spinvest ...

"... and there's no other investment in the world can lose you 50%+ in a week and be considered to be normal."

... where else? Probably on the "floor" on any gambling casino on the planet would be my first thought at an answer.

I think a vital part of choosing to invest into this asset class in the first place is trying to find those with true value "behind the curtain" of what they are doing. Most people are simply racing off to chase "the next shiny object" ...

"... we are told to do the opposite of what everyone does are at least dont follow the crowd."

... so your advice here is sound. The challenge? Easy to write those words. Much more difficult to carry them out. Right?

"Put your emotions to one side ..."

Yes, driven by the "roller coaster ride" of responding to the FOMO and FUD "waves" ... There is a reason there is a "greed and fear" index. Which so-called "smart money" professes to watch and try to accomplish what you are writing about here.

Nice post, in the midst of the "crypto carnage" we are all experiencing. In way one or another. Good advice and input in the midst of it. 👍 Guess we'll all find out together how it plays out! 🙂

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@spinvest 75

almost 3 years ago

True, gambling is much more brutal where life-saving can be wiped out on the flip of a card a horse running bad but I would not consider a casino to be an investment.
Yep, pretty much. The words are easy, we all know how we should play the game but it's harder to commit to the actions. We can all give great advice but dont follow it ourselves.

Thanks for reading through the post. Looking like things have turned for the better since this post was written so things are looking up

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@jfang003 75

almost 3 years ago

I see nothing wrong with taking profits and investing it in the next good project. Nice job on flipping the LEO into ETH. I probably couldn't bring myself to do that trade though due to gas fees.

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@xyzashu 75

almost 3 years ago

£3000 invested into token B and sold for $27,000

Check the math. Are you doing 9x instead of 3x? Nice. But it's difficult to grasp the actual multiplier since you're using 2 currencies viz. £ & $. Anyway, I got the strategy you're trying to explain and I agree to it.

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@nirvana3003 64

almost 3 years ago

I believe that it does not use two different currencies, it is just a typing error by the author, it seems to me that he wanted to write the dollar sign but put the pound sign, at least that's how I understood it.

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@spinvest 75

almost 3 years ago

lmfao, your right. I skipped a level. lol

It was a rushed post. You understand the concept, I've done my job

2 of 5 stars, haha

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@spinvest 75

almost 3 years ago

Edited :)

Thank for highlighting that, completely over my head,

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@pardinus 73

almost 3 years ago

Totally agreed. Besides, going on more solid projects does diminish the risk to some degree. Funny how people get used to 0,01% annual returns on a bank but then complain if that shitcoin doesn't go up 300% at least. It's a marathon, not a sprint! :)

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