Hello fellow readers,
Just wanted to inform you that I sold my remaining ETH position and now my friend the private investor owns the 100% of the pool (he agreed with my decision).
Numbers are as follows at 07/02/2021 :
After withdrawing my respective share of the pool (3,4 ETH; = 5500$ at current prices). I didn't have a significant profit (just enough to offset BTC losses from 40K).
According to my calculations, I invested ~10.000$ and withdrew ~10.500$ which is fair in my eyes. My friend is happy (I'm also happy tbh). He started out with 1300$ in July and now owns 5 ETH or ~8400$ he deserves a dinner or something.
Some of the reasons for this move:
I think there's an alt season coming, and I'm rotating ETH to more speculative bets. I won't/and can't track this properly with this format of content (very fast operations, sometimes changing my mind in minutes/hours. Follow me on Twitter for that type of content or wait for #ProjectBlank.
In addition, I start to feel somewhat burned (repetitive posting) about the same subject and I would like to let the matter untouched for a while. I will keep managing the 5 ETH remaining and might be updating the numbers publicly from time to time.
I want to keep some 'posting powder' to talk about other subjects, and because my optimal efficiency is a maximum of 1-2 posts in a weekly basis, I'm starting to feel annoyed with myself being 'forced' to post about the challenge.
Following Plans
- Keep working on bootstrapping the Spanish community. I didn't report about the matter but a couple of weeks ago I delegated 10K LEO to @aliento.leo (managed by @eddiespino) to start with. I did that because I see there 'efforts' that I consider that I should be doing myself (assuming a part of my responsibility as a whale in this network). My decision in that sense is that If I won't be able to dedicate time, at least I'll dedicate financial support.
Need to mention, my vision when I first joined LeoFinance was to set up a Spanish community, but the rabbit hole of the trading/Defi absorbed me into their depths.
It's being a very productive trip so far, but there's life out there.
- More Binance Smart Chain guides. Lots of people asked me in order to follow me in my Defi ventures, but the learning curve is hard and it's hard to teach. You have to experiment by yourself.
By working on more comprehensive guides in that matter I'm indirectly working on more adoption.
Being all the content immutable on the Hive Blockchain, it's the perfect place to put in hours of written content.
Moreover, It's also something that I enjoy a lot doing & experimenting with.
Check some of my previous guides:
- How to get started in Binance Smart Chain with Metamask.
- How to use Binance Bridge to swap assets between chains.
- Introduction into Venus (incomplete)
And a lot more to work on; Pancakeswap, Yield Farming aggregators, advanced guides of lending/borrowing assets... it's endless!
- More fundamental & trading analysis, more Gems, more degen farming opportunities... more of everything!
Taking as a perfect example the post The Bull case for Travala that I posted a few days ago; expect more fundamental analysis and gem reporting.
Also, more TA, which is already a standard and eventually farming opportunities to consider if you're feeling OK gambling.
Remember that in most cases farming high APY's imply a big risk, so never forget to DYOR by yourself as I'm an internet meme and you shouldn't follow me blindly. I'm not responsible for the losses of anyone.
And that's all I guess :)
LEO Giveaway
Has been a while since my last giveaway post. write a comment (a bit more detailed than 'very interesting thx' ) and I'll be dropping some upvotes 'slightly above' around.
How are you, tell me something about your day. If you're relatively new, what would you improve/change? What would like to see? What has been your first impression/s about LEO & LeoFinance?.
Remember, + effort in the comment (or playing devil's advocate) translates into more LEO to you.
Enjoy your day. And take care out there.
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