TOM Pool Update
I wanted to give you an update on our TOM-Crypto-Pool since we have added some new Tokens and increased our stake in some we had been holding.
Also, we've had several new people join the pool late as they found my emails in spam and were unaware of the offer and or the deadline.
We have also had several people increase their stake in the pool since we started. Now that the pool is officially closed even for late arrivals, you are welcome to increase your stake if you want to.
As more money has come into the pool, your percentage stake may have decreased, but don't be alarmed. Even though you stake may have decreased slightly you have a piece of a bigger pie, so it's all good.
So far I have allocated approximately 50% of the monies collected and am working to get the balance allocated over the next few weeks.
I have been buying dip's in our existing assets while studying white papers, watching videos, and consulting with my crypto brain trust for the next big movers. If we don't find any "new big movers" I'll allocate the funds to existing solid Tokens.
I'm very happy with the allocations so far and the Tokens we are currently holding. Our holdings so far are all up in the green and I don't expect them to retrace below our purchase price so we are in very good shape right now to grow from here.
Cardano-ADA has made a nice move out of its consolidation and I am expecting a move toward $1.80 to $2.00 soon. ADA will be listed on Kraken and Binance soon at which point we can expect some solid upward momentum.
Safemoon is also showing very strong signs. After its initial run up it dropped sharply into a descending triangle which is a very good sign that Safemoon is a solid asset. Why do I say that? Because it is behaving like a real chart and not just a "hype coin" chart that gets talked up and then crashes. This one could be our big breakout as Safemoon's next big announcement is to become their own exchange.
Harmony-ONE is just sitting there and moving sluggishly, but the team behind Harmony is first class and their plan for the future is on pace to achieving their goals and I expect Harmony to be one of our AAA assets.
We have a small amount of Bitcoin and Ethereum and the main reason I bought these two assets was to park the money somewhere as we were getting started. My intention is to exchanging them for other assets later on.
The USD is as close to worthless as it can get so better to have as much cash as possible in BTC and ETH than sitting and depreciating with inflation.
You may be wondering why I have not purchased XRP and Dogecoin yet and the reason is that it has taken us weeks to figure out a streamlined process for which to buy XRP. As you may know many of these tokens and exchanges don't allow American's in (our caring government at work keeping us safe as always from our own adult decisions).
We are now in position to buy and I'm standing by as it begins to retrace a bit. I will not buy at the top and I won't be caught chasing an asset as it is rising. If we miss a good entry then we miss it, we have plenty of good stuff in the vault now without it.
I haven't added Dogecoin because for some reason I don't trust it and I don't want to get caught up in something just because Elon Musk tweeted about it some months ago. Just doesn't feel right.
I will keep you posted as things develop, but in the meantime, go about your life with joy and be happy. I'm on top of things here on a constant basis so we don't miss any opportunities.