My friend gave me 120 USD to invest - THIS IS WHAT I DID...
---Can you invest 120 USD for me...
A friend ask me some days ago if I could help him to invest some money. He is not an investor, a cryptolover, a stock-fanaticer or save-until-you-dier. Just an ordinariy guy.
Alright....
My first thougt was - Go for a indexfund. If you dont know anything about savings - go for something basic.
But sorry...
I dont like basics. Have never done. I have invest in P2P, crypto, options, CFD, warrants and other things. High risk - ABSOLUTELY But I have always been learning a lot from it. Thats my way. So if someone ask me to invest - you will go my way, or go to someone else.
What did I choose?
- ETH/BTC Parir x2
- DEC/ETH LP at Uniswap
50 USD at ETH/BTC pair. With leverage x2
With stoploss at -25 USD (so maximum loss 50%)
WHAT ARE YOU CRAZY????
I have been looking at that for a long time now. And when I get the chance - I took it.
This will go UP in price if ETH goes better than BTC from today.
If BTC goes down 10% and ETH down 3% it is still good for this - and so on.
50 USD in DEC/ETH Uniswap Pool
Why?
To understand LP you need to understand Uniswap
To understand Uniswap you need to understand Ether
To understand Ether you need to understand Blockchain
SO - Now I just wait for questions about this and my opportunity to tell him more about blockchain.
But also because I LOVE Unisaps pools. Splinterland will give out about 200 000 DEC each day to Liquidy Providers. With today rate it is 60 % in a year. OK - I think that will go down but still if we get 25-30 % it is still good money.
15USD in .....we will see
5 USD in a game
I still love gaming and next year it will come a new game at Hive. I believe a lot in it so I put 5 USD in a starterpack for him. He dont know it but I need to force him to play some times a week and hopefully we can see the money grow.
THE GOAL
The goal is +30 %
I know that people think I am crazy saying ONLY 30 % when we are in a bullrun. But thats me. I dont like to think "I want to have 200000 % or nothing" . So if we get 30 % that is very good.
In sweden stock index has given 9 % avarage last years. I think crypto is litttle bit more risky so give me x3 more and I am happy.
Am I a stuped friend that gamble away his money?
OR
Am I a good friend that tells him about blockchain and the future of money?
Tell me in comment and dont forget to give a BEER - He will get it!