"Throw the Damn Ball"
In the interest of this months theme "throw the damn ball", we're going to include a monthly investment thesis for you to follow along with. We will allocate $10,000 every month to what we would refer to as high beta plays. The $10,000 can be divided in any increments and be applied to any market stocks, forex, crypto, or even sports gambling. We will track the performance month to month and will reallocate said funds at the beginning over every month. Now if you're looking for conservative investment advice or are intrigued by 5% gains well I hate to break it to you this investment vehicle might not be for you. On the other hand, if you like venturing out from the norm in pursuit of the next frontier well then saddle up. These investments will most likely interupt your sleep schedule, but the upside is worth it. The information is out there and as Leanardo Decaprio once said, "we must go deeper".
*Below investments are of the extremely aggressive nature. There will be ups and downs. No matter the outcome never give hope. It pays to be a rational optimist. Of course none of the below information has been fact checked or confirmed in anyway. This is not to be considered financial advice.
October Balance: $10,000 - Investment tracker
1.TOKEMAK ($toke) - $4,000.
Tokemak is a defi primitive designed to create sustainable liquidity throughout decentralized finance. Liquidity is a major pain point for Defi protocols. New protocols are forced to install high inflationary tokenomics to incentivize liquidity providers to allow average joe's like us to partake in the network. Enter Tokemak.
Tokemak is set to launch 5 liquidity reactors for protocols that are voted in by $toke stakers. This is major opportunity for defi protocols to buy up the $toke token and redirect liquidity to their venue. I expect price appreciation as projects battle for the right to have their own liquidity reactor. $toke price
2.Futureswap ($FST) - $3,000.
There has been an aggressive crackdown from regulators on centralized derivatives exchanges worldwide. As the regulations have progressed so has the push for decentralized derivatives trading. Although crypto is now illegal in China, citizens can still access decentralized exchanges to trade. There have already been a few DEX's that have broke onto the seen $DYDX or $PERP which have amassed market caps around $1 billion. Opportunity is calling: Futureswap.
Compared to its competitors. Futureswap has a market cap of roughly $56 million and for it to catch the likes of $DYDX and $PERP it would need to 10x. Futureswap has spent the August and September months building its Version 4 on Layer 2 arbitrum. They are set to launch their new product in early October. Previous versions garnered substantial trading volume and the same is expected for Version 4. As regulations continue to mount, I expect a mass migration to decentralized derivatives and for Futureswap to reap the benefits. The token price may appreciate quickly once Version 4 launches... Hold onto your jockstraps. $FST price
3. Ethereum ($ETH) - $2,000.
If you haven't heard of NFT's or DEFI, you need to get out of the house. This new industry has taken the younger generation by storm and Ethereum has been the main benefactor. At this point, I think it's safe to say Ethereum has become the de facto settlement layer of crypto. To put it into perspective, Ethereum did more in transaction volume in Q1 of 2021 than Paypal did in all of 2020. Seize the moment Ethereum.
The main knock against Ethereum has been that it's not sound money because it never had a fixed supply and was highly inflationary. Well folks, EIP 1553 passed in late August that addressed these issues. Ethereum has begun burning actual $ETH now making it truly deflationary. There will be a supply shock in the near future that should cause rapid price appreciation. It's kind of like a beachball being held underwater. $ETH price
*It's worth noting that rumors are circulating that a Bitcoin ETF will be approved likely in the middle October. If this comes to fruition, the crypto markets will most likely do extremely well and as they say a high tide raises all boats.
Sports Betting Markets
4.Football - $1,000
I save the riskiest for last. I will be allocating $1,000 towards sports gambling efforts in the month of October. I can't say where I will be placing these bets as sports betting is fluid. What I can say is I will be placing $250 on Notre Dame Money line this weekend. Follow along this month here to see bets added. Investment tracker
In next months newsletter, I will document all bets taken.