How well do you see the Future? Any of your Crypto making 20x in the next 5 Months?

in LeoFinance2 months ago


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Precisely Six months ago, I was purchasing SPORTS token at 0.00003 HIVE each and the token was worth $0.000005 in USD and had advised a local football organization to use $50 to purchase 10 million tokens so they can curate their team members and fans while growing their stake. In my submission, it was a way to help the team generate another source pf revenue for their increasing cost after covid-19 had hardly hit the economy and it affected the sponsorship they've been having.

The young man I was talking to literally had ignored me at first claiming to be busy because he thought it was one of those ponzi schemes he knew. I persevered and bombarded his inbox with links and figures and he later responded with a nod. I was excited that at last I'll be able to support one of the local sports team in my locality to succor the effects of the pandemic that had hot hard on their finances. Just days after, he seemed to have lose the zeal for the investment.

Two weeks after, SPORTS rose to 0.00006 HIVE each and they now needed about $100 to get 10 million tokens that I had proposed a minimum for a sports organization to hold in stake for curation. just then, he surfaced and on hearing that the price had gone double, he said they couldn't afford it anymore. I obliged to refund their money if the in vestment failed after Six months while persuading him that $100 isn't too much for 10 million count of a token like SPORTS with huge potential. It fell on deaf ears and I lost him to the blockchain and rather he chosed to have invested in a CHI Mall Ponzi.

Days after, the Securities Exchange Commission (SEC) pronounced their listing of crypto (Bitcoin and ETH) as stocks in the Nigerian Stocks market and called for regulation of cryptocurrency and that was yet another indicator that cryptocurrencies would appreciate in value. This prompted me to pen this post I themed "Sports Teams in Nigeria to Embrace blockchain and Crypto as SEC Nigeria endorses Cryptocurrencies" where I captured SEC's position on digital assets.

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Section 13 of the Investment and Securities Act, 2007 conferred powers on the Commission as the apex regulator of the Nigerian capital market to regulate investments and securities business in Nigeria. In line with these powers, the SEC has adopted a three-pronged objective to regulate innovation, hinged on safety, market deepening and providing solution to problems. This will guide its strategy, its regulations and its interaction with innovators seeking legitimacy and relevance.

The full content of Nigeria SEC's endorsement can be read here:
https://sec.gov.ng/statement-on-digital-assets-and-their-classification-and-treatment/

I shared the link of the post to a few local sports organisations and it seemed they never understood what that meant for crypto. I hope in the near future, the Nigerian would with open arms adopt crypto into its mainstream of finance. Few weeks after that post, SPORTS price crossed the 0.0001 HIVE price and stayed there for a long while. This grew the worth of 10 million SPORTS to 1,000 HIVE ($200). We've had rises and falls from thence to date and yet, the future of the token was still uncertain as there no development communicated yet for the community.

Today, SPORTS is trading comfortably for 0.0003 HIVE at Hive's $0.3 price and that makes 10 million SPORTS worth 3,000 HIVE ($1,000 USD). Looking back, we see a price rise by 20 times and we're still here while wailers never saw the future. While the growth of the token might not be very steep, but gently and gradually, we see the value for SPORTS rise and soon, 10 million of the tokens may be worth $10k. It may take another 5 months, less or more but that's just what the future would offer.

I am glad a few users here on Hive took my advice and ought in are making huge profits from their cheap investment they made months ago. I have learnt from @Taskmaster4450le always looking into the future and it has help me be intentional when investing in crypto. We may not be able to pay rents and buy houses with SPORTS earnings now but forward to 5 months from now, that would be possible and even more.


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Since the Central Bank in my country are trying to ban crypto exchanges via bank purchases, I'm all in for sports based merchants to start accepting SPORTS as payment for their products especially as our native currency begins to depreciate more against dollar.

With beautiful creations like hivelist.com, hivehustler.com and Hivepay from @Hivelist and @Clicktrackrofit communities, eCommerce would become a big thing on the Hive blockchain in the coming weeks and months. It would be much more profitable to spend SPORTS and other Hive tokens on tangible products than exchange them for fiat.

I am very bullish about SPORTS token. Head to LeoDex and get as much tokens as you can whole they remain cheap as the next 5 months would see your holdings do another 20x movement in value.

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Sportstalksocial community is a tribe on Hive where you can earn crypto from your sports contents. You can also build sports games and have the cost fully funded by the community reserves.

You may join my SPORTS Curation Trail to maximize your SPORTS stake. With the trail, your stake of SPORTS would yield profits without your active involvement.

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Future of sports token is bright. I love to stake and earn the curation as I am ot good in sports post.
I dont know of any of my holding will outperform 20x in next three months. But its very much possible see the price rise jn #cpt token in past few weeks....
Thanka for sharing the experience

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SPORTS may not make a 20x in the next few months, but certainly, there'll be an appreciating growth. Staking and curation is the best way to take advantage of the future.

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Today, SPORTS is trading comfortably for 0.0003 HIVE at Hive's $0.3 price and that makes 10 million SPORTS worth 3,000 HIVE ($1,000 USD). Looking back, we see a price rise by 20 times and we're still here while wailers
never saw the future.

this is intresting, so finally we are getting there, can't wait for that day.

Congrats, you were upvoted from this account because you were in Top 25 engagers yesterday on Sportstalksocial .
You made a total of 2 comments and talked to 2 different authors .
Your rank is 13 .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

Yes, things would get merrier when all of us are participating and bringing our friends to the community.

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I hope in the near future, the Nigerian would with open arms adopt crypto into its mainstream of finance.

This got me laughing thinking back to weeks ago when Nigeria banned the exchange of cryptocurrency, some group of youth made a giphy about Nigeria and another country going for a race and Nigeria been the last person.

This is to indicate that while other countries are accepting and coming to the knowledge of the new technology and crypto now, Nigeria will always accept and come to the knowledge of those things when other countries have benefited a lot from it.

I don't know why it has become part of Nigeria to always get to know things or accept new things that are supposed to be of benefit to us late rather than in the earlier stage when other countries are also accepting it.

We may not be able to pay rents and buy houses with SPORTS earnings now but forward to 5 months from now, that would be possible and even more.

Yeah, and I guess I will be among those who will be buying a house for my family with my sports token when the time comes. So let's keep investing, working hard, staking and hodl till when the time comes.

This got me laughing thinking back to weeks ago when Nigeria banned the exchange of cryptocurrency, some group of youth made a giphy about Nigeria and another country going for a race and Nigeria been the last person.

Whether they come last or earlier, the good thing would be that they'll finally accept crypto. It's a must.

Yeah, and I guess I will be among those who will be buying a house for my family with my sports token when the time comes. So let's keep investing, working hard, staking and hodl till when the time comes.

We're in the beginning and things are this merrier. Let's keep pushing by bringing our friends and we'll see how well out assets would have grown.

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You are indeed right about that. Whether they like it or not, they must accept it.

Yes, because we are already journeying into the future and no one wants to be left behind.

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Merchants accepting payments in crypto is certainly a way around the ban. Of course, they will have to be able to pay their suppliers in it also since the vulnerability is the point where someone has to turn it into fiat.

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@taskmaster4450le that is a wonderful observation from you sir

And they would even earn more because they can add a risk factor to their pricing to take care of crypto volatility.

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The community needs a streaming service - live broadcasts of sporting events for which you can pay with a token - but I think it's still a long way off.

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That will be cool. With the proposal system already working in the SportsTalkSocial community, any user can front that if you know how to.

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I don't really know if any one of my holdings is going to go 20x in the next five months. Perhaps one of the Tribe tokens. Who knows. I don't any of the cryptocurrencies I have will have that much upside in this market cycle any longer. If RUNE went up 20x, it would be priced at $80 a piece and I think that would be a bit much.

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We're just hopeful. For a solid Hive community who will maintain a growth at par with HIVE growth that can be possible... LEO, CTP, BRO and the rest of them.

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@uyobong whenever I talk about the SPORTS token with so much excitement I am sure some people will be wondering why the excitement ,the truth is that I see a great future for the SPORTS token,I see it as a crypto that will still have a greater value and a very high price in the future so investing on it is one of the greatest decision anyone can make .....

At this point, nothing tangible is yet happening. The future is already awesome and we can just take advantage by powering up earnings today.

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I dont say its impossible but there is a lot of selling still pending atleast evident on charts. There has to be some strong news from some external factors like some PR activity or some sports club getting on board to engage with fans. Only technical developments are not sufficient to see the prices going 20x in next five months. like some PR activity or some sports club getting on board to engage with fans.

Congrats, you were upvoted from this account because you were in Top 25 engagers yesterday on Sportstalksocial .
You made a total of 3 comments and talked to 3 different authors .
Your rank is 11 .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

Yes, we are hardly pushing for mass adoption. Let's consider having active 2k users join the community and each have a demand for at least a 100k tokens, then we'll have need for 200 million tokens off the market. Mass adoption is key for true crypto growth.

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In the countries like India where they are planning for a complete ban on crypto currencies, e-commerce would make a great value addition. Hope to see the ecommerce marketplaces accepting spirts tokens soon.

Of a truth. With options like Hivepay from CTP community and Hivelist tools, I hope to start facilitating crypto-powered eCommerce soon.

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