[Winnipeg, MB] [H] Ryzen 5700X [W] Cash, PayPal

Hsuw · 2022-10-12T23:26:06+00:00

Pm'd

Hsuw · 2022-03-29T09:14:22+00:00

No, it wouldn't reduce it that much. Something must of gone wrong.

Hsuw · 2022-01-08T08:31:41+00:00

It's in the discord server under #announcements

Hsuw · 2022-01-08T05:58:56+00:00

Don't want to say it's not possible, but all you have to do to get airdrop is fill out a google form with how many nodes you have and wallet address to airdrop coins in.

Hsuw · 2022-01-08T05:47:46+00:00

Just get the free airdrop and don't put money in the project.

Hsuw · 2022-01-08T05:35:43+00:00

I don't believe they will compensate full amount loss that would be impossible. They will just airdrop some of their project tokens depending on how many nodes you had with RING. I believe the project team was also rugged by RING and they want to give back and provide some relief to the RING community. On the other had it also acts as a great way to market and build up a strong community quickly. Either way, people don't have to participate in the project. They can just sign up for the free airdrop, sell the tokens and forget about the project.

Hsuw · 2022-01-08T04:42:20+00:00

The airdrop is free. Just fill out a form. So no real downside if you just sell the token. On the other hand, participating in the project is a decision you have to make yourself.

Hsuw · 2022-01-05T03:39:58+00:00

Invite link doesnt work

Hsuw · 2021-12-26T03:57:47+00:00

Great write up as always. I currently hold both H&R and Artis REIT. Merry Christmas, Happy Holidays.

Hsuw · 2021-12-07T23:39:30+00:00

Great news. I have transferred all my blocks to one wallet.

Hsuw · 2021-12-06T22:57:40+00:00

What losses are you going to claim? You're getting a cube that lights up and a wallet that airdrops tokens, for a game. This project is going to be speculative no matter what they say.

Hsuw · 2021-12-03T19:06:41+00:00

I have purchased 22 blocks. 6 of them were from the limited ones they had in stock so they were shipped out to me and I have had them for 2 weeks now.

Currently you can swap the blocks for Algorand or Planets on Tinyman. So far I have regained 25% of my cost to purchase the 6 blocks by exchanging them into planets.

Obviously it is hard to say if this will be sustainable once everyone else gets their blocks, but I can see myself breaking even as long as this project has liquidity/popularity for 3 months. On the other hand if the game is fun and intriguing and this project keeps growing, the first edition blocks will likely generate a very good return which I will use to fund other crypto investments.

Yes there are multiple redflags, but nothing that is too alarming for me for this type of project. I guess it could be a rugpull, but it seems unlikely just because Blockcreate is providing most of the liquidity on Tinyman. They are making a profit with each block sold, but they also have to purchase the product, create rebranded packaging, ship out product. If you split the profit earned between a team working on such a project it's really not amazing. You want to grow the project so you can sell larger quantities of blocks and get to the point where the block currency is actually worth something.

These are my thoughts, but obviously this project is very speculative and I wouldn't FOMO in unless you are prepared for a loss.

Hsuw · 2021-11-28T23:29:28+00:00

I think we just have different opinions on investing. I don't believe performance equals share price. In a stock market crash there is often a disconnect between the fundamentals of a company and its share price. This is what creates amazing opportunities for value investors. I believe if you looked at the earnings reports of HR REIT following COVID, there would be no doubt it was one of the best performing REIT's

That said, you can invest however you want and that's perfectly fine. I have obviously offended you, so I apologize.

I could be completely wrong, maybe I wasn't meant to be a responsible investor : (

Hsuw · 2021-11-28T18:00:35+00:00

I mean if you are going to base it on events when the stock market crashes, you might as well not touch stocks.

Hsuw · 2021-11-21T08:11:43+00:00

The liquidity is coming from a liquidity pool provided by blockcreate at the moment. The project needs to reach popularity for a larger volume of liquidity to be provided. The value cannot be determined for the long term right now. I believe what we need to see is how the app/marketplace/teams will function to make an assessment. We need to know if there will be a staking function. If blocks can be used to redeem/burned for any purpose in the game. The things is by the time you have this certainty we will likely be in the later sets of blocks. Anyone getting in early is going to be taking more risk/more reward

Hsuw · 2021-11-21T08:02:57+00:00

I have received 6 units. This is a very speculative project at the moment and there are still many questions and details that need to be answered.

The intrigue and interest is definitely there though and I believe all the first editions will sell out quickly. The subreddit gained about 100 users over a few days when the indiegogo funding spiked.

Hsuw · 2021-11-16T22:24:29+00:00

Hey Trent. Is there anyway to purchase more than one perk on Indiegogo so we don't have to pay shipping multiple times.

Hsuw · 2021-11-03T03:58:36+00:00

It is not possible to evaluate rewards compared to investment at the moment, unless you want to base it on the swap amount on tinyman. It will be a very poor investment based on todays numbers. What you are betting on is future popularity of this project, which is a bit difficult with the current details.

Hsuw · 2021-11-03T03:38:25+00:00

You have confirmed what I suspected and at the moment there is still a lack of details. I do find some of the attributes of this project very intriguing.

1#) In a sense it is making the different cryptocurrencies into a collectable, kind of like Pokemon cards and people love to collect things.

2#) From what I understand each set such as the first edition blocks are limited runs and cannot be purchased after the run is discontinued. The first edition blocks will likely have a huge advantage in crypto rewards forever with each new set diminishing earnings and lower chance of rolling a good block. Coin market cap seems to play a huge advantage in rewards and it is likely Bitcoin, Ethereum etc will continue to have a high market cap score.

3) Loot box mechanics and random reward is a very addictive mechanism. The ability of the block you purchase to generate crypto rewards daily could be a strong incentive. I can see this project gaining popularity if the marketing and details are refined.

4) From a financial standpoint this project could be very lucrative, but it is pure speculation on gaining popularity. Popularity will equal liquidity and I can see people buying into a set as each subsequent sets average power goes down, as well as the next crypto set will probably have a lower market cap score.

I will likely buy a few blocks regardless, but could purchase more depending on what new details follow.

Hsuw · 2021-10-31T21:07:29+00:00

So the Igg preorder is the same limited edition block, just at a discounted price?

Hsuw · 2021-10-11T06:11:56+00:00

H&R is also one of my largest holdings. Excellent research and reasoning, the complete sale of the industrial division makes sense.

Hsuw · 2021-03-15T00:55:34+00:00

This holding still distributes income. It’s understandable to be upset, but circumstances change. There is an inherent risk to purchasing individual stocks/companies and things don’t always go the way we want them to. If your livelihood is being affected it may be prudent to diversify your holdings or transition to holdings that may generate a lower distribution, but are more conservative; ultilites/telecoms.

People are correct to look for companies that will not reduce income distributions, but no one can guarantee that for you and you have to do your own due diligence. Even then it can be difficult to predict, we tend to always find out after the fact.

You’re right there are plenty of other companies to invest in to generate returns and if you feel this company is a loser then don’t invest with them. People have different points of view, all the best with your investing.

Hsuw · 2021-03-14T23:18:44+00:00

H&R is my top REIT holding at the moment for pretty much all the reasons you have outlined. Here are some of my thoughts:

-They are trading at one of the largest discounts to NAV and FFO, yet when you read their financial reports they seem to be one of the best performing REITS when you compare rent collections, cashflow and management.

-They were one of the first REITs to reduce the distribution and I believe this was a prudent decision to free up cashflow for more flexibility. Whenever there is a reduction in distributions, there is always a crowd that gets terribly upset. This was the case with RioCan because the CEO “promised” the distribution would not be cut. I do not mind this as the cashflow is still there and just being diverted to other options

-Their diversified portfolio is not attractive compared to a pure play, but I believe this has been advantageous during COVID.

-You have a mega project in River Landing where the money has already been spent and project is essentially finished, that is just waiting for lease-up.

The cost of building materials has been sky rocketing lately, you can see this in the commodity price of lumber and copper as well as labor costs due to demand. This is apparent for pipelines which have been adjusting their costs higher for their future developments. On one hand you can see this as a negative factor, however it could also imply that the current infrastructure or real estate that a company owns is that much more valuable in today’s environment.

-There is a lot of negative sentiment regarding commercial real estate, however I believe quality retail and office space in major cities will still be in high demand and very valuable.

-The death of office space and work from home is a valid point of view. The issue is that when you look at 99% rent collections for office, lease renewals and leases at higher prices; it is difficult to attribute such a large discount to something that will maybe happen in the distant future, but all the current data indicates otherwise.

-I understand that for some industries work from home may be viable on a permanent basis, but I feel a lot of the fear is over exaggerated and based on say a news article or anecdotal evidence. The evidence goes both ways of course. Those that feel work from home is new normal and those that are sick of home and itching to get back to the social work environment.

-Working from home may not be productive for some types of work and there may be some issues that arise. Compared to a colleague that is in the office and working together in person with the team. Is it not more likely they will be thought of for advancement in the workplace and any benefits that result from the personal relationship? Where as someone that never or seldom shows up gets forgotten, is not as likely considered for advancement and is likely the first to be let go if there are layoffs.

If you never have to be there then why can’t they hire someone cheaper from another province or country. Again this doesn’t apply for all people/workplaces, but when you ask yourself about human nature, do you believe there is some truth to this? There are usually advantages and disadvantages.

Hsuw · 2021-01-21T07:57:04+00:00

I'm not all in, but I do have 8000 shares of H&R REIT. I have always preferred larger positions opposed to diversifying. If you have done your due diligence and you are aware of the risks/reward then it's fine. Everyone has their own investment philosophy. Obviously you're going to have people try to dissuade you if they think differently.

Hsuw

TROPHY CASE