This is the story of how I achieved my most incredible crypto success to date. Seeing is believing, but even I find it almost inconceivable the success I achieved. An element of my crypto portfolio has grown by 90.28% in the space of about a month and because it’s been probably a week or even more since I last posted something here on Publish0x I thought it is well worth sharing.

The Figures Don't Lie

The bizarre thing is that it actually started with a mistake. As has become my norm since the crash of September (2020) I have invested conservatively and particularly since the beginning of January I have seen exponential growth (and yes I still worry about the storm). As many of you know my central strategy now is focused on the acquisition of DAI and the first transaction that started this incredible sequence went terribly wrong in the short term.

I exchanged approximately 100 DAI (99.99xxxxx – as close as I could get) for CELO and as is normal I waited for prices to shift so that it could re-exchanged for greater than 100 DAI. Even a minuscule increase of even 100.2 DAI is worthwhile if carrying out large numbers of similar transactions because they will far outstrip both Coinbase’s 2% staking rewards and the current rate of inflation. For example – and I wrote on this – between 1st and 18th January per 100 DAI invested in the Margins Merry Go Round I acquired an additional 52.97 DAI over the course of 22 distinct transactions.

However my CELO went terribly wrong in the short term its price underwent a mini crash. I am not the world’s most patient hodler – had I done so and waited till the most recent peak I would have achieved about a 60% profit – but I chose another path.

I set my CELO aside and created a new sub-investment, for a specific purpose, which I aimed to grow and see if I can recover what I considered at the time to be a loss. At the same time I put it in debt to the tune of 100 DAI from the original part of my portfolio so that it will in time pay back and be standing on its own.

So I started moving it around playing it off other currencies and moved its base from DAI to Algorand – staking at 6% on Coinbase. Every time a transaction made a profit I dropped most of the profits into Algorand and created a new separate float in DAI which was still well below the original 100 DAI as I believe that while the returns may not be so lucrative on the margins with regular pairing it is more effective when pairing with stablecoin.  I always aim add a bit more DAI with each transaction and use it to pay off the debt.

So what are my results?

• Starting point was 100 DAI

• I am now holding 80.xxxx DAI for marginal investments

• I have 43.xxxx ALGO staking at 6%

• I have paid off 10 DAI of the ‘debt’.

The end result has been the incredible return that has left this element of the portfolio 90.28% healthier in the space of a month. Admittedly this has been helped by a surge in Algorand prices and it still needs to serve a debt of approximately 90 DAI. However. this loan is being used to leverage an incredible release in profits for our special new ‘project’. Furthermore the plan is to hold the Algorand. probably for the next 20 years unless something really adverse happens to it - so the only way is up. I have set a target of 900 ALGO as soon as possible (ideally a year). In staking terms at 6% this will add more than 1 ALGO per week and that will do us nicely.

Stay safe and stay well.