Yesterday, I made a blog to inform Hivers of Project ePayTraffic(PEPT) I founded. I provided content to help you better understand the various components and token use cases all interconnected within a PEPT digital wealth building ecosystem.
@fjworld/fjs-use-cases-on-hive
In that blog, I expanded on our #TooFuckeh problem solving token use case. And when I decided to go ahead with a problem solving use case token I made it a goal to see the token trading higher than a #LEO token.
Well, let see how I am doing with this ambitious goal.
LEO Token Review
The above chart is my creation based on daily price spot checks. That would be the blue line. The red and yellow lines are 20 day and 40 day Moving-Average(MA) respectfully. It is one of the most basic technical indicator one can calculate and I use it pretty much as a go or no go indicator. Do I go deeper into an analysis or go to a better looking chart?
Since March 2023, when I joined Hive, LEO was one of the first tokens I assessed as a potential digital wealth builder. I followed the same due diligent investment practice that I adopted back in 1980 when I played the penny stock market. When you have a system that gives consistent capital appreciation you don't put your guard down because of Fear Of Missing Out(FOMO) on an extremely high risk speculation. As an investor, I use the products and services provided by the leader and team behind my investment. For example, from my early days here, I used #LeoFinace as the user interface(UI) for my blogging, I bought, staked and delegated LEO tokens to boost returns from my blogging. And since I am mostly an open book, don't tell me any secrets, I shared my point of view as to how the price of a LEO token might behave. You are welcome to checkout the many blogs I did using the @pepEntropy account.
Those who followed my blogging would not be surprised in my position that LEO was and still is a disappointing token for an investor. Sure, tell me its a long term investment and I will say define long term. I suppose I could take a position today and it could trade at 10 times its current price within 5 years. Well, again, as an experienced penny stock trader, making 10 times my money on a risky investment was not uncommon. Now that I am able to play with layer 2 tokens, making 100x or more on a risky investment is often more of a possibility.
To me, life is but a risk reward relationship where returns are determined by the quality of your risk management ability. So trading something where its value is based on emotional and logical responses becomes a challenging game of life fill with many lessons learned. For example, look at the LEO chart again. Do you notice the cycles that either made one happy or unhappy for intermittent periods of time?
For some Hivers, the chart may say its a great buying opportunity and to others it may say its time to move to another investment vehicle. I suggest another option. Pick up some #pepEntropy tokens and hold it to collect some Return of Capital(ROC). I use my own investments and the funds received from selling some pepEntropy tokens to leverage returns from my implementation of some Qualitative Investment Strategies(QIS). The growing returns from trading are used to distribute monthly SWAP.HIVE to holders and to reinvest into the marketplace. I see this as a win-win relationship. And because of the most valuable element of Hive blockchain being its immutability, you can clearly see that I am very transparent and value my reputation more than any amount of money.
The TooFuckeh Leo Challenge
It is my goal to see a TooFuckeh token trading higher than a Leo token. I #LUV a challenge and in particular when it involves the collaboration of many people. I'm not talking about a competition with other Hivers and gloating about the size of a wallet. I'm talking about a use case where the returns are so huge you cannot imagine nor ever guess the size of such a TooFuckeh return on investment. What you can do is follow along a journey where your own journey and objectives compliments a larger goal and objective. I am talking about creating and taking advantage of some synergy. Manifesting something that you could never do alone and not having to hope for the best. I'm not against having hope. Just saying, you don't have to be overly dependent on hope and a prayer. That kind of mindfulness is not sufficient to achieve your highest ability and accomplishments. As an observer, I see many people struggling financially and it is mostly because of a bad guidance systems. They didn't just follow an influencer they adopted a cult like behaviour. Well, I am here to demonstrate you can become a Hive millionaire by converting an idea to real world asset. And you can grow that digital asset to a height where it is supported by many Hive millionaires.
You want something big you have to be a big thinker.
I am a huge thinker filled with an abundance of positive energy that has provided me all I needed and more to survive in what has been an extraordinary life challenge. From rags to riches and I am ready to take it to the next level. If you are currently a billionaire I don't know why you need to be. Oh wait, its because of the inequitable world we live in that is filled with liars, cheaters and thief's. Today, and going forward, I expect to see continued significant disruption in financial markets all over the world. If you are not well connected with leading indicators your lifestyle may be impacted in a major way. In unexpected way. How can a problem solving token idea help?
First, you build a foundation that is immensely strong enough to hold anything that is built on top of it. Next, you remove inflation so your handwork and wealth is not devalued from externalities outside of your control. Now I can go on but for this challenge I will expand on these two directives.
I configured our problem solving token to have the maximum allowable capitalization possible. I also set the size of a tradeable token to the smallest possible value. And I issued every token. Every token is in circulation. It will not be diluted because of new tokens being introduced into the marketplace. This is unlike a LEO token that has a capacity of 1,000 million and around 22 of those millions are in circulation. You could see some significant dilution in the future.
When I decided to sell some TooFuckeh tokens to raise capital, I started at the lowest possible price of 0.00000001 Hive and I gradually increased the price and reduced the number of tokens for sale. You are welcome to view the blogs in our PEPT community that provides a detail log of what has and is unfolding with this problem solving use case. I also created many opportunities for Hivers to receive free tokens. And I still give away some of my tokens from time to time. Mostly now, it is not about gifting as much as trading services for a mutual benefit. For example, within our evolving PEPT ecosystem I am providing opportunities where you can fund and/or participate in a process improvement initiatives, a mini project, a task or just about any activity where you get rewarded for helping grow digital wealth.
About our #TooFuckeh chart...
On December 1, 2024 I finalized the model representing all the components and interaction within our PEPT ecosystem. I announced the funding process that will be followed to raise capital for project needs. Our veridiPASS gaming platform is the first funded project using TooFuckeh tokens. So the token was devalued to get the process started and all token holders of that day had their holding doubled. As you can see, we are at a very low price with no where to go but up. I am confident in saying it is going up and I will tell you why, but first I need to mention something else.
Do you know a good deal when you see it? How do you build trust? When I announced that TooFuckeh was being offered at the lowest possible price I suggested that people sell all their stranded digital assets. You know, those tokens in your account that are essentially worthless to you. And that is fine, we are all responsible for the choices we make. However, I see a world is that is filled with waste that could easily be converted to valuable asset contributing to a better well being on Earth. In our PEPT model, there are several system accounts, tokens and roles that need to be performed to keep the ecosystem evolving in a healthy way. I have been playing many necessary roles to support the ecosystem and in time I expect to have those roles played by Hivers in the community. Now, back to the role of market maker. I took all the earned tokens from my activities on Hive, and for each account I sold the tokens in the open market. These funds were used to buy TooFuckeh tokens on the open market. So when you look at the richlist for the tokens you can see that I hold and control just about all the available tokens. A hew Hivers have added to their holding, many Hivers have sold for a profit and a few more are holding what was gifted.
Now back to what I said above...
I am confident in saying it is going up
The price is going up because; if I do nothing else, the value of the veridiPASS account will grow from the assets it has already accumulated. While I play the market maker role via pepEntropy trading activities, profits are used to buy TooFuckeh tokens. From time to time, there will be sellers and they decide at what price they want to sell. I maintain sufficient buy strength to buy back all the TooFuckeh tokens not held by me or a PEPT system account. Nothing complicated when it is well designed. Just so you know, I have learned a great deal from trading tokens of many projects. I have done my homework and I monitor the marketplace daily. this includes lots of blog reading and sharing in several discord server. Recently, I have seen some project leadership decision that caused dramatic price movement on a token trading value. Movement that can break the heart of some investors. No need to mention too many token names but lets get back to our #TooFuckeh #LEO challenge.
Will you help me raise the price of a TooFuckeh token higher than a LEO token?
There is no rush. Just asking that if you have some waste laying around, why don't you convert it to some #TooFuckeh tokens and watch what we can do with this problem solving token.
I will continue to pick away at buying from our pepEntropy account as part of playing the market maker role. at some point all the original tokens that our PEPT banker account loaned to the veridiPASS project will be sold. I won't put up tokens for sale unless it is to raise funds for a defined project or some kind of process improvement initiative that is profitable.
ok, that's enough memory dump for now. I want to get back and check some trades.
Recent LEO trades
Recent TooFuckeh trades
So there you have it. How long will it take for a TooFuckeh token to trade above a LEO token.
A 100:1 Return, here we come.
May Positive pepEntropy be with you.