I entered the BOB spice campaign season using the SOV referral code and lock in allured by the 4x spice point distribution and Rune points. Its been three months now and my position was moved to a SOV/ETH LP and its down close to 40%. As a product I think SOVs DEX tools are average and as a business I think they are terrible and the market reflects their business model. Finding that margin of safety is difficult as is and I was wrong to consider that SOV was already at the bottom. Consider that larger project have a price even lower, for example ALGO is in the penny’s as well as TRON and they deliver more product use than SOV. I sound sour so I will stop here.

I changed my position to ETH and BTC synthetics and I will stay there for the time being. I moved those assets to lending protocols to earn a yield on my assets. I see it akin to gold being put in safety deposit boxes at banks expect these gold pieces are put up on the market for borrowing. I’m encourage that because I do not have use for it and I am content in being a capital allocater, not a laborer or entrepreneur at the time being. My lesson is learned; don’t chase loyalty point companies have to offer because unlike states and taxes, business bottom line incentive is to extract capital from the consumers.

With that being said I bought a BitBOB box on Singular cause they offer lots of SPICES points for holding…

Currently my position is heavily on BTCs and then ETH and if I was to go offline now for the next ten years I will be ok with that.

I entered the BOB spice campaign season using the SOV referral code and lock in allured by the 4x spice point distribution and Rune points. Its been three months now and my position was moved to a SOV/ETH LP and its down close to 40%. As a product I think SOVs DEX tools are average and as a business I think they are terrible and the market reflects their business model. Finding that margin of safety is difficult as is and I was wrong to consider that SOV was already at the bottom. Consider that larger project have a price even lower, for example ALGO is in the penny’s as well as TRON and they deliver more product use than SOV. I sound sour so I will stop here.

I changed my position to ETH and BTC synthetics and I will stay there for the time being. I moved those assets to lending protocols to earn a yield on my assets. I see it akin to gold being put in safety deposit boxes at banks expect these gold pieces are put up on the market for borrowing. I’m encourage that because I do not have use for it and I am content in being a capital allocater, not a laborer or entrepreneur at the time being. My lesson is learned; don’t chase loyalty point companies have to offer because unlike states and taxes, business bottom line incentive is to extract capital from the consumers.

With that being said I bought a BitBOB box on Singular cause they offer lots of SPICES points for holding…

Currently my position is heavily on BTCs and then ETH and if I was to go offline now for the next ten years I will be ok with that.