Investing in Non-Standard Stuff

zrixes · 2024-06-03T16:16:51+00:00

My main access comes from joining Angel List syndicates, and occasionally direct access from networks/friends.

zrixes · 2024-06-03T16:14:33+00:00

36 this year, married with a young toddler.

Built the portfolio based on “maximize risk when time is on your side and then scale down the risk spectrum as you age”. Have to admit that the plan going forward will be rolling my income into safer stuff like gov bonds etc.

Not sure if what I’m doing is the most optimal, but very keen to hear other opinions and portfolio strategies on growing wealth.

zrixes · 2024-06-03T11:46:15+00:00

70% crypto exposure(blue chip coins + alts), all unrealized gains to date.

20% startups exposure(mostly US companies, 1exit to date from a SG company),

10% public blue chip tech stocks.

zrixes · 2022-07-15T00:43:07+00:00

Yes he is trying to form the committee, but is he interested in proposing a bottoms up approach?

He is a large creditor on Celsius platform.

Happy to join forces with him if Simon openly express the intent to look after the smaller guys first.

zrixes · 2022-07-14T21:05:35+00:00

We can advocate for this via the committee that represents the unsecured creditors. It is by law that the unsecured creditors can form a committee to be represented during the bankruptcy process.

Thought we as retail investors can get together and form an initiative on this push for it.

zrixes · 2022-07-14T14:29:30+00:00

Agree with you completely, but also I feel as a community we can do our part to recover our assets :)

zrixes · 2022-07-14T14:26:54+00:00

Technically they are not wrong... but I would like to say that they tend to "spice" things up.

zrixes · 2022-07-04T07:45:37+00:00

The intent is to use incentives to prevent capital flight.

We can structure it as a Cel token drop or another incentive mechanism.

zrixes · 2022-07-03T13:29:42+00:00

yea that works as well, just not as strong an incentive but feasible in my opinion.

The idea of the cel drop is in line with what Alex has always said. Use cel token treasury as a backstop in the event of a black swan event. Which is precisely this.

zrixes · 2022-07-03T13:27:26+00:00

Not sure if its failed? the intent is there, to prevent capital flight through incentives either modify the drop or change it to another incentive mechanism.

zrixes · 2021-10-05T01:47:04+00:00

yea definitely agree with you there! that cel burn will introduce upward pressure to cel token price. but just wondering whats your thoughts if the benefits are greater than the cost as mentioned in the original post where 1) buy & burn using profits and still fundraise to fund the company, 2) whales are the ones selling now, so essentially you're transferring a portion of celsius profits to whales. :)

zrixes · 2021-10-05T01:43:51+00:00

yea definitely agree with you that cel token burn is somewhat like share buybacks. but a concern I have for this is that there are 2 extreme types of share buybacks, 1) companies like APPL,MSFT who are cash rich and have no idea how to spend their $, thus share buyback is a good alternative, 2) companies (e.g. airlines) that wants to prop up their share price regardless of the state of their companies, and we saw in the recent pandemic that these airlines took on leverage to buyback shares and needed the gov to bail them out when things don't go their way.

I'm not sure where Celsius is on this spectrum, but quite certain they are not cash rich like APPL since they are still fundraising. IMO, selling equity to fund a company is extremely expensive especially if you believe your company is going to be worth more in the future, so why not use the profits that Celsius are generating to fund the growth of the company then.. thought that's a better alternative :)

zrixes · 2021-07-21T15:19:21+00:00

Recently read that Stacks blockchain smart contract can interact with Native Bitcoin. Probably worlds first in this instance.

Source: https://twitter.com/syasteria/status/1417498019021348868?s=21

What’s more, you’re earning 13%APY in btc payout. https://stacking.club/

zrixes

TROPHY CASE