1800% profit in 3 weeks! HOW?
Hello SPIer's, today I thought I'd write a little bit about an investment I did a few weeks back for us. I was finally convinced to invest in a meme token, which one? SKIPPY of course. What's SKIPPY do? Nothing! Why have you never heard of it? because we got in pre-ICO, im an important guy you know so I know people that know people in the game. It actually comes from @melbourneswest, I've been watching his progress on the BRO server the past few months and he's killing it with getting stuff done on the legal side of things and setting up a registered company for it.
Why did i invest? It's a brainer really. Getting in through a private sale before the ICO IMO (initial meme offering) starts so we are in the very first group of investors, this is something the public never normally has access to. The money we invested has gone toward building and hosting their website, setting up the ICO to collect the real money and getting it prepared in general. The IMO price will always be higher. Plus the token is called SKIPPY, it should bounce? That's crypto logic.
That's right, bouncing all the way to the moon. I mean we had to wait for a few weeks but check this out.
This was our buy in rate. 0.57 BNB. This was also the maximum amount we could buy as he was trying to raise 10 BNB in total. He limited sales to 1 spot per person as an anti whale rule. I like this rule.
What's it worth today?
A little bit more. Here is a link to the presale he is holding to raise 20 BNB. There are a total of 374,660 SKIPPY (SKP) tokens up for sale. Here's the price today.
By now your thinking.. how many SKP tokens did you get us SSUK? Well let me tell you but first we're gonna work out the $ value because i've only looked at the BNB profit so far myself and i'd like to know the $ profit as well so we'll journey this together.
The price now is 18,733 SKP per BNB
1 BNB is $641.55 so 1 SKP is $0.034
Ok, now we know the presale price today is 3.4 cents
We got 195,263 SKP
Yep, that is not a typo. We paid $371 to get 195,263 giving us a buy price per token of
Wait for it,
just a little longer,
im working it out right now,
by now your prob not reading this and just scrolled past so without further delay.
$0.0019 each
giving us a paper profit of 1789% in 3 weeks give or take a day. We got them on the 8th of November. That means our SKP bag is worth $6638 (10.34 BNB) Our BNB profit return would be 1814% which is higher than the $ return. Shit, I should have gone with the BNB profit to make it look better. No biggie
Jesus, it's hard to not feel like an investing genius during a bullrun but 1800% in 3 weeks, GOD DAMN!! Talking about god damn, i sold a few ALPHA pack tokens for the other day and booked us a 32k% profit, yes 32,000%. We bought them for $2.57 and sold them at $820. You see, I knew the price of those pack tokens would go up. I never doubted them for a second and I definitely never almost sold them around 18 months back to get us some BTC. In fairness, the BTC would probably be 5-6x but 320x is GOD DAMN!!
Is SKIPPY the next thing to give us a 3 digit X return? Maybe, prob not but who knows. We're already 17x on paper so whatever happens with it happens.
Skippy peanut was sold in 2013 $700 million
Will the SKIPPY meme be worth more someday?
Dont forget this is crypto. 32,000% on a pack of random 5 Steemmonster cards.
They have a website built as well and planned use cases for the token. It looks like NTF's will be the focus at the start, im not aware of what sort of NTF's but it looks like they will do something.
Here the web address - https://skippie.com.au/?taxonomy=nav_menu&term=home
I personally think a .io address would do much better compared to a .com.au address but whatever, it's nice to see the starting point for the website is live and running.
Anyways, thought I would share that with you guys. If you never hear me talking about these again, they are worth nothing, if they moon, I'll not shut up about it. So far, so good and let's hope these SKIPPY tokens help us to skip a decimal point in our fund holdings. we're only 1 decimal away from the millions and we're on the better half of 6 digits now with the price of HIVE missing the moon and heading to mars.
As they say around my way, bounce on mate
SKIPPY do da, skippy dee, pump our bags and make us MONEY!!
(FYI, i would have liked to have posted this the Leofinance frontend but i cant get gif's working from there and if the gif's dont work, the post does not work)
Thanks for reminding me, I bought some Skippy also. Now where did I put those coins?
Posted Using LeoFinance Beta
This shows the wonderful benefits of something like SPInvest. I saw the posts on Skippy and read some of them but, quite frankly, didnt have time to research it thoroughly. There are always projects we miss.
However, because of my holding of SPI, I didnt miss it. As we can see, the exposure (along with financial gain) is there.
Also the pricing of my SPI holdings in my wallet looks good with the run up in Hive pricing.
Posted Using LeoFinance Beta
I already like Skippy!!!
Thanks for putting SPI in the game !!! 🙏
Yeah that's really great to make more people benefitting of it ! !PIZZA
Posted Using LeoFinance Beta
PIZZA Holders sent $PIZZA tips in this post's comments:
@ykretz.leo(4/9) tipped @chrisparis (x1)
Learn more at https://hive.pizza.
Way to go, dude!
Posted Using LeoFinance Beta
Oh damn! I also bought SKIPPY as a kind of piggy bank for our SKIPPER, looks like his piggy bank is filling up well!
Posted Using LeoFinance Beta
Hang on, is SKP really at 3.4c each? I've got 5 million of them, that's $170,000 if that's right.
@melbourneswest, is this correct?
Posted Using LeoFinance Beta
Yes but the LP won't support. Slow down abit hahaha. The initial sale was too low it is mentioned in the white paper.
Haha, yes I know the price is not really available, all good.
So have I scored a bargain? Sweet.
Don't worry, not selling till $1 anyway.
I better go back and read the white paper properly.
Posted Using LeoFinance Beta
Hahahah awesome. Yes the initial sale was way way too low and didn't incorporate operational costs. There are a few reasons one being that it was a market test to check viability which proved successful. It does pose a risk for the project.
There is a resolution coming but I will announce soon(ish)
Number go bounce! boing-boing-boing to the moon..
Great profit on those alpha packs too, well done
Posted Using LeoFinance Beta