A holiday update on the Mondeoman Crypto Trading Journal.
The investment in the DFK game has just returned 100% on the overall funds committed between 19-24Nov21. As a component of our portfolio it has grown from 10% to21% of our portfolio.
At the 100% return milestone, we took a decision to ladder into DFK ONE and JEWEL tokens again, knowing there are three aspects to this that point to a high likelihood that the investment will not calm down any time soon.
I am selling part of BTC and ETH holdings to fund this new area of interest. Most of the additional funds will go into expanding our NFT collection of Heroes, which themselves are income earners. A small remainder part will be used to fund our fourth sh__coin holding of 2021. We have just bought four small apartments in Tranquillity City. This is a new “game” on the Harmony (ONE) network. This will be the first “pre-launch” investment we have made in crypto. I wanted to buy (one per week) a total of two medium sized and two small apartments. I reviewed this prospect on 23Dec21 and we took the decision to buy the requisite “sh__coin” balance as a small % of the portfolio, one per week in the New Year. Once I had loaded up the wallet with a new tranche of ONE tokens, I was shocked to note that all the houses, large and medium apartments have already been sold, and only 655 small apartments remained out of the pre-launch maximum of 1,350. So I rapidly bought our share and put them away as our sh__coin #4. Details so far are very sketchy other than once the game is launched, apartment owners will be able to furnish them to their taste and rent them out to others.
This NFT appeals to a much different audience to those of the Heroes in the DFK game, and we have a lot of experience with renting out property for the past 30 years. I am hoping that future participants in Tranquility City will have the same mentality as that exhibited on existing social media, and will want to show off as much as they can when inviting friends to “their apartment”. At just over $100 each, this will either cater to those of medium to lower income (always a good choice for yield), or they will rapidly do a 100X and potentially double our entire portfolio for their miserly initial investment of 1%.
That was a shall Christmas present for my wife. In fact with four of them, there’s one for each of us.
My younger son agreed to a deal with me this week, where I fund the Heroes and he does the research in determining a sustainable buy/sell strategy - another income stream from NFTs yet to be exploited.
All in all a great fun up to the New Year and I am very pumped about Crypto in 2022 especially the income component.