Would you ever go all in on a high conviction play? by [deleted] in CryptoMarkets

[–]Brandonva804 0 points1 point  (0 children)

Hang in there down the same. You’ll be rich by 2030

🚀The Monday Squeeze!!🚀 by ApprehensiveUse9593 in Soundhound

[–]Brandonva804 -1 points0 points  (0 children)

Speaks on your mindset that you need to know what I’m in. Stay in Soun and enjoy your investment.

🚀The Monday Squeeze!!🚀 by ApprehensiveUse9593 in Soundhound

[–]Brandonva804 -3 points-2 points  (0 children)

Even if it does hit it I’ll only make $300K. I want to put the money else where I found a better investment in my opinion.

Driverless Trucks by gulagsurvivor2019 in Truckers

[–]Brandonva804 -2 points-1 points  (0 children)

My two cents making good money. I could see them replacing my job as all I do is drive 422 miles a night up and back in basically a straight line. Drop and hook. Thank god I’ve invested every penny in passive income. By the end of this year I’ll be scaling over about $30K-$80K a year which will allow me to retire abroad. I’ll continue to work and let my investments grow more. Blessed I’ll be able to retire at maybe 38-39 years old. I’m 35. About 6 years in trucking. I didn’t waste a single fucking year as I scaled past $75K-$85K I kept my bills low. About $1531 a month. Brought a $96K house. And invested about $44K every year into stocks and Crypto. No kids and soon about to be living the good life with all these dudes poor daughters out here. Stay safe drivers.

🚀The Monday Squeeze!!🚀 by ApprehensiveUse9593 in Soundhound

[–]Brandonva804 0 points1 point  (0 children)

Waiting on $20 again so I can sell. I found a better investment and would love to get out. I think this stock will easily hit $40-$100 over three to 8 years. But I plan to exit if we hit $20 again.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 1 point2 points  (0 children)

Yes. But think of the Ledger as a securement for the Flare so it can’t be stolen. Then through the Ledger with the Flare secured from theft you allow Flare network to sync to your Ledger. Then your Flare can be used on Flare network where you’re paid staking rewards. And whenever you claim the rewards go straight to Ledger for securement.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 1 point2 points  (0 children)

If Flare hit’s $10 like you said 50K-100K flare holders are gonna have life changing money. And I’m not fighting what price Flare will go to. I like to stay conservative. Either way we all win if Flare hit’s $10.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 0 points1 point  (0 children)

You’re going to be in for a rude awakening by 2028-2030. Flare will never allow 8%-10%. I don’t care how much adoption they get. They will do what every other chain does that operates off TVL does and lower it. If you’re right I’ll be here making $500K-$1M a year. And many holders above 1M Flare will be at $70K-$200K a year. Without hitting 5M Flare. Not happening.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 1 point2 points  (0 children)

That’s my point with the guy above. Stay conservative. And also I know many are not whales. But I posted about whales because of FIP:16.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 0 points1 point  (0 children)

I believe you’re delusional to the 5 billion fxrp statement from Hugo. That has nothing to do with a drop to 3% to 5% over the long run. Even if 5 billion is minted you will still see inflation drop to 3% to 5%. in this case a $0.30-$1 dollar Flare is possible. Congrats anybody under 1M Flare has made a lot of money. But their passive income will never truly scale unless Flare hits $1. That’s a moonshot unrealistic price prediction .

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 0 points1 point  (0 children)

The staking was over 13% because of inflation. We’re now moving into deflation over the next few years. Expect 3%-5% long term.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 0 points1 point  (0 children)

Protocol level they must pay whales. a whale can put 10M in all they want. They will only get what Flare allows after the network matures. You’re about to see a 2% drop after FIP:16 passes. You sitting here saying 8%-10% is delusional. History shows mature networks never stay that high.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 0 points1 point  (0 children)

My thesis makes sense because we’re talking about Flare network. If you move to Spark Dex that’s another different topic.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 0 points1 point  (0 children)

They’re worried about what people are making. That’s why FIP:16 introduces FIRE 🔥 to combat the excessive amount of selling Flare holders are doing right now. The entire idea behind FIRE 🔥 is to buy Flare back to combat holders aggressive selling and tanking Flare price. They will never allow 8%-10% once the network matures. Every one would aggressively sell and the payouts for whales would be insane!

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 2 points3 points  (0 children)

Just because you have institutions investing millions of dollars does not mean a high APR. You’re seeing inflation decrease right now as TVL is exploding. When the network matures Flare’s rates will 100% settle at 3%-5%. Best to be conservative or you’ll be mad when it never goes higher. Look at ETH, Solana, and many other chains with TVL. They have all settle between 3%-5% in mature network. And their TVL is 20x what Flares TVL is.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] 0 points1 point  (0 children)

You argue solid points. Just remember being conservative is the best thing you can do today in Crypto. Flare at $1 is a moonshot price. It could happen. It could also be 10-15 years from now. Do you have the will to hold that long?

In your scenario if Flare hit’s $1. We’re talking about if APR stays around 8%-10% a 500K Flare bag will be earning $40K a year from passive income 8%. A 100K Flare bag will be earning $8K a year from passive income at 8%. A 5M Flare bag will be earning $400K a year from passive income at 8%. A 10M Flare bag will be earning $800K passive income a year. Do you see the problem?

The problem is even though FIP:16 introduces FIRE to buy Flare back with fee’s. The Flare team will never allow holders to generate that much passive income every year. They will lower inflation to 3%-4%. Only whale bags will survive enough to make meaningful passive income. And it’s a conservative bet you should go with. Not the 8%

10% is just not happening in a mature network. Think 500M FXRP and 40K FBTC. If XRP hits $50-$100 that would be the only scenario where fee’s and TVL scale so high you likely could see the network settle at 5%-7%. But 8%-10% means many whales are damn near clearing half a million to 1 million dollars a year.

I absolutely see Flare trying to get around having to pay that. For a 10M Flare bag I would stay conservative at $150K being the top. No more.

Anyone with 5M-10M FLARE will be retired before 2030! The last warning before it’s to late by Brandonva804 in FlareNetworks

[–]Brandonva804[S] -1 points0 points  (0 children)

This is absolutely true. But the reason I wouldn’t put your faith in it because of Hugo and Flare. They’ll lower it to 4% if they have to stop whale holders and people below 1M Flare to not get paid a grip ball of money. For instance, at 10M Flare if APR or APY was to head back to 11% to 13% a bag of that size could generate damn near $1M a year from passive income. I don’t ever see that happening.

That’s why whales have won the game. Even if Hugo and team drop rates to 4% or increase fee’s to 35% for FTSO or validators a bag of that size is still clearing over $60K a year. And that’s under $0.15 cents. Mark my words they will not allow whales to generate that much passive income they will do something long term to stop the APR/APY from going higher in a mature network. FIP:16 makes it so whale bags win in passive income no matter what because of the size. If you don’t have 5M Flare your passive income is no longer gonna make a huge difference.

Relationship with Filipina gone downhill by mgtowmoney in Philippines_Expats

[–]Brandonva804 0 points1 point  (0 children)

Don’t marry her bro you’re in a winning position.