April 23, 2022

April 21st, 2022

Welcome to the newsletter format. I have moved to a newsletter instead of using a Google Doc. Please let me know what you think of the change and look for emails from me on the regular.

• On 4/11 I mentioned that I was going to buy Jasmy. It has gone up 40% this week. I did buy a little this morning but because it went up so much so fast, I don’t recommend putting money in unless you can hold for a bit. I am developing a plan while looking at the charts with a friend. I am finally going to learn some technical analysis! So, my plan as of now is to sell 25% at 12 cents and hold the rest for 30 cents. 

• BTC is moving up slowly. Sources tell me that a whole coiner, someone who owns one full Bitcoin, will be very rare. I have very little but I still buy $10 here and there when I feel compelled. Especially at $39k. I am not sure if I will ever get to one whole coin. I should make a plan for it. Please let me know if you have a BTC plan. 

• VGX: VGX is breaking my heart a bit now but I still hold 20k tokens. I do make money in interest each month which is good. I do think the project is good but it could take some more time to do really well. So, most people are accumulating. I am going to wait to see if it dips even lower and buy more then. There is apparently a new tier of 50k tokens that will be added. That would be a huge jump for me and I don’t know if I want to get that. I am not sure if the rewards are great enough! But vgx is dirt cheap right now. 

• I will get back to you on CKB and SPELL. 

• SHIB has been moving steadily up over the past few weeks.

  • SHIB is a long term and short term play for me. I sold some in November to get to Navigator status on Voyager. VGX brings me in over $600 in passive income on most months just by holding my vgx on the platform. 

  • Long term plan: I will hold at least 100 million SHIB tokens until it reaches a penny. Holding 1 billion tokens would be 10 million if it reaches a penny. I have a high mortgage and don’t think I will be able to hold that much money for that long. I will keep you posted if I change my mind. 

  • Short term plan: sell 100 million each time it loses a zero! This means I need at least 300 million SHIB. This would cost roughly $7-8k if you buy in now. Like I said, a billion tokens is the goal for me but I do need to live my day to day life! $52k could buy you over 2 billion tokens right now. 

  • Interest on SHIB-please be careful because interest on exchanges varies. I now only get a half of a percent on voyager for holding it there and 3% on crypto.com. But, on Voyager you can access your money at any time. On crypto.com you have to lock it up for 3 months if you want the 3%. I am sure there are better deals out there so I will keep you posted.