So I just wanted to throw out an update about my Proof Of Weak Hands adventure. It has been about 5 or 6 days now and I am well past the breaking even point, which is exciting.
When you buy into Proof Of Weak Hands there is a 10% buy in fee, and when you sell there is a 10% sell fee so you are down approx 20% right away. Do not fret though, this is made back very quickly. For me I think it took 3 or 4 days.
When I bought in Ethereum was out about 540 or 550 USD. I bought in with 800 dollars USD. Eth has dropped to 460 (at the time of this writing) and with divs + token growth I am currently ABOVE 800 USD still. It is amazing that its hedged this well against the drop. No sign of stopping in sight either, constant growth.
If Eth was at 540 USD where I bought in at, then I would have made a few hundred dollars already off of an 800 dollar investment. Let that sink in. If you are interested in learning more check out the site at Powh.io.
The community, as I said before, is great and you should stop by and check out the discord if you get a chance to. Thanks for taking the time to read and I hope you all have a terrific journey in crypto.
Powh.io - If you decide to check it out please use this link and enjoy!