The Super Crypto Profit Fund has been extended another 1month!
It has been decided that since the fund bears the name "Profit" and we are "Not in Profit" that we should attempt another month with the current investment.
This decision came after the new 5th entry disappeared and so we were back to the original core 4 for the next round, instead of selling for a loss and re-investing into different coins, we decided to run it another month and see what happens. This first round is also a test run, so modifications were deemed necessary - It also goes to show that 1month is very short term investment within the cryptocurrency realm with some serious wild swings taking place!
It could be that even a 2month investment is also too short - but with the current market conditions, it was agreed that the next month should prove much better than the previous month. We all believe the crypto markets should fair well in June and going foreward this summer.
We pulled out the HODL card
Instead of selling at a loss - We are going to HODL an additional 1month
Current Investments
- After 1 entire month the fund has gained an entire 1.3% or 0.0013BTC
- The total value in USD is + $18
Ok, so the fund isn't actually in a loss
But 3/4 coins are down 15%+ and the only reason the fund has retained it's initial value is due to the massive 40% gain on TRX. Sadly, the other coins have been decimated :(
We think another month would give the other 3 a chance to regain some lost value and give the fund a nice boost. Also, TRX is on a rampage! Another month and this baby could double!
All signs point to giving an additional month to the fund as being the wisest choice
Initial Fund Posting
https://steemit.com/investment-pool/@generation.easy/small-scale-1-month-super-crypto-profit-fund-scpf-it-s-on
If you yourself are genuinely interested in loosing bitcoins also by joining the next crypto-fund, which will happen shortly after the current one ends, feel free to make a comment and I will put your name on the "Interested list" and contact you closer to the start.
Thanks for following my Crypto Fund and feel free to make a comment
~Keep on - Steemin' on~
Bitcoin and Gold Fanatic
