Buying More TGLD Tomorrow With Hive and Moving All Options into GLD

Fine, okay, you can call me a gold bug. I have been before the $TGLD launch from Hive account@leostrategy, but during this presale, I have learned some things that I can do in the stock market that has changed my game completely and now more than ever focused on GOLD as my primary trade in both stocks, and now, it's a part of my crypto play.

Big Stock Market Moves

So Khal made mention last week in a thread about selling credit spreads on GLD and taking those premiums and moving them into TGLD and earning the premium, or something to that effect. But what grabbed my attention was the whole credit spread options play. This is a new one to me as I have been mastering the wheel strategy on highly volatile stocks, but I have also been seeing some big downsides in the account value since tech has been taking a beating. But what hasn't, well, gold...

So I went on a deep dive and learned about credit spreads, and HOLY CRAP BALLS BATMAN!!! My game has changed in a MASSIVE way! Tomorrow morning is going to be pretty epic in my house needless to say, lol. Just a simple change in strategy lowers my risk by like 80%-90% and at the same time will more than 4x my weekly income... 4X! So yeah, GLD is the new stock play!

How Does GLD Effect My Crypto Strategy?

Well, now that my dollar based income from the stock market is going to be way higher starting this week, I can now just sit on and stack my crypto instead of having to use it for operational capital. This means I can move more mining rewards into TGLD, for some stability in my account as well as harvesting the interest. I can then also start using my GLD premium income to ramp up my partially solar powered CPU/GPU mining operation while simultaneously stacking more physical metals every week! No more one or the other bull crap! I also have a Hive power down happening currently, so tomorrow when my next one hits the wallet, it's all going into TGLD! Probably be able to get only 3, but hey, it's better than $HIVE and it's crap price right now.

TGLD Presale Has Jumped In Price

We can see the price of TGLD has adjusted and is now at 33 $HIVE per 1 $TGLD. It started at 30, so you can see it's in demand! We are down to under 10K tokens left for the presale, so go and scoop them up while you can. I won't have any available crypto funds til tomorrow so I am stuck just looking and wishing...

Excited For Rewards

I am excited for the staking rewards to start paying out so we can see just how powerful this tool is going to be for our portfolios. I hope the LeoStrategy team can get this all pulled off with no issues so the people can see it's real value and utility in the ecosystem.

Still a Risky World

Okay, so I know this feels all 'hype man' but I promise you, it's taken me a bit to jump onboard with all of this. There are systematic risks when investing in TGLD. The biggest being the counterparty risk of Hive account@leostrategy and the volatile price of the $LEO token that backs all of this. We are seeing that the markets are struggling hard and that the bear market may be on the horizon, or here now, so you will need to make sure that you do not invest more than you can afford to lose!

Remember this is NOT pegged to physical gold, or actual GLD shares. It's a mechanical peg. I have been through these kind of things before with LUNA/UST so that's why I haven't piled in actual spending money on it and have used what liquid crypto I have had available.

All this being said, I want to note that I am a paid ambassador for this project and one of my terms is that I am real with my audience and not just another hype marketer. So I want to make sure I am giving you my God's honest opinion on things. This is my plan, and what I am doing, but make sure you are always doing your own research!

Until next time...

Be cool, be real, and always abide with you my dudes!