The Crypto Cycle (2)

Exploring Tron – Finding CityUptake

It was August 27, 2018 when I bought my small little stock of Tron (TRX). I bought 7262 TRX at a price of $ 0.0232. This was at the same time that my investment in Nano was down from an original price of $5.09 to $3.20 and Cardano (ADA) was down from $0.266 to $0.095.

I was getting all my knowledge from mainly crypto-currency news apps and some Telegram groups. Once I found the tronwallet.me app I downloaded it from the App Store. It was end of September when I found out you could vote in order to receive additional TRX as voting rewards. It was such an eye-opener to see a possibility to increase you hold just by voting. My stack of TRX already grew close to 50.000 TRX.

I became very active in Reddit and joined the Telegram groups of all the SR candidates as I was hopping from one to the other for optimal voting results. It was the community node telegram which gave the most broad information about Tron and a regular visitor to that Telegram group was Jason Lavender from Cityuptake. He was talking about Cityuptake and how CUT created a system, where you buy a token, where 74% of the token is backed by TRX, which is used for voting on the SR giving the highest return and the other portion is put into a Trade Desk, where Jason as a professional trader generates returns which are shared proportionally based on the amount of tokens held.

I joined the Cityuptake Telegram group as it seemed to be too good to be true. Invest TRX for optimal voting returns and on top of that getting a weekly Trade desk return. As I was still early, they did not yet establish a minimum buy in amount and could participate with a trial amount of 5.000 Cityuptake tokens. The conversations in the group were great and are still great. Trading essentials shared by Jason, a full supportive team of Agents, where one of them forced me to learn a lot of new words (google became my friend again) Crazy conversations with crazy people like Impoose or Ry Sergay. It is both a fun and educational experience to be part of that community.

In due time I have been buidling the stack of TRX and the stack of Cityuptake both by the daily and weekly rewards and by consistently converting some FIAT money into TRX. The daily rewards are used to experiment and invest in TRX based gambling sites, wallet tokens, BeatzCoin, IGG, Poppy and many others, but the only one with consistent returns and consistent value is CityUptake.

Now the only thing is too wait for the TRX value to increase while buidling, to reach the time when the daily rewards will be valuable enough the sustain a relaxed lifestyle which will be the moment for Early retirement 🙂

The Crypto Cycle (1)

Finding Tron

About 10 years ago when Bitcoin was still very young, I first encountered it while scanning the net. I decided to buy some, but due to the difficult process to acquire some at that time I decided not to do so and in the process I lost interest in Bitcoin. And invested in a little brewery in Schotland instead. Big Mistake!

Than 5 years ago I was sitting in a taxi, where the taxi driver asked me if I knew Bitcoin, I acknowledged and he told me that his son was
Satoshi Nakamoto but nobody knew. He told me his son spend 10.000 Btc on pizza’s and still made a fortune and moved to the US. I guess he merged some stories around Bitcoin and made them his own.

Bitcoin was back in my vision field again, but anytime there was news that the prices dropped, I used this to justify to myself that I made a good decision not to buy even though I would already have been a millionaire if I invested my originally planned 250 Euro. And anyway Brewdog was doing well so my investment was not a waste.

Another four years later, around a year ago, my stepson was talking about Cryptocurrencies explaining how Bitcoin went to the moon and came back for a relaunch. He was explaining Cardano as one of the big potentials for the future and at the same time Brewdog was exploring going to cashless bars and it was rumored that they would use Nano for that. Now being fed by two independent sources, my interests in Crypto were reignited and I invested a little money in Nano using a two step process via Coinbase and Binance

Progression of investment, value and profit of my crypto stack

Beginning of May I added some Cardano to my portfolio as things were looking very bright. And then all dropped further again. I left the investments for some months in their wallets and only looked back end of July. That is when my addiction really started. I started to crave for more knowledge. Checked on a daily base Reddit and different variations of Cryptonews. That is when I discover Ripple and Tron. When Tron launched the Tron Virtual Machine, I entered Telegram.

In Telegram I had to navigate myself through all the moon boys and rocket people (but as time progressed they vanished one by one as the rocket to the moon was not coming). But I did find one rocketman I liked, the one which is shown everyday by Cityuptake when they pay out the daily rewards.

But Cityuptake is a story for another day…. The day that I will talk about my journey through the Tron micro-climate

Winter sleep is over

Winter is a slow season.

The days are short, weekdays are spend in darkness as when the sun still shines, your are locked away in your office at work. Driving to work in darkness, driving home in darkness

The weekends are spend mostly at home, with an occasional trip outside when the snow has fallen and the kids have an opportunity to play outside. The other days the kids have to release their endless amount of energy in the house generating a continuous stream of sound.

But now the Sun remains up while driving to work and the sunset can be experienced while driving home. The birds are appearing in the garden, the rosebuds are appearing in the rose bushes. The flower bulbs have woken up and the first traces of green can be seen coming out of the soil.

Travels have been planned. In the coming four weeks we will see Israel, Poland, Sweden, Netherlands, Belgium, Austria & Germany.

Clothes have been designed and purchased.

This T-Shirt will be worn in Israel mid of March:

Next up will be a business trip to Sweden end of March, where I will be promoting my favorite project in the Tron Crypto world, Cityuptake:

Then beginning of April there will be the 10SC-weekend in Lierneux:

Winter sleep is over, travel season begins!!

The first arrivals

Around Christmas the time finally came the first batch arrived. Funnily it was the last batch that arrived first.

This batch was split into two parts and the last shipped arrived first. This batch had a pillow and the “Heart for Steam” shirt. Both were white basis with black and red prints and they looked and felt good.

Heart for Steam pillow

My brother would have his Christmas present. The second batch of the package from Estonia was the Blue HODL shirt and the second version of the Azerbaijan shirt.

Gobustan 2018 shirt

Both were big disappointments. The v-neck XL shirt was way too big for an XL and the print on the dark shirt didn’t really register.

From all shipments the best clothes were the Dresden shirt

Dresden front only

The first version of the Gobustan shirt:

Gobustan shirt

And the red Dunaföldvár hood. In the Blue Dunaföldvár shirt again the dark color of the fabric did not work with the prints.

So the learning are:

  • The colored logo only works on white therefore we need to use the black logo
  • Only use light colored shirts or black prints
  • The V-neck shirt is much bigger than it says
  • Try to prevent shipments from the US.

With all these learnings the next phase of the T-shirt designs starts.

Awaiting first shipments

In three batches have I ordered some products. Depending on the availability of the shirts, they are either produced in US or in the Baltic states.

As I found out both have their disadvantages. Ordering from US is extremely slow. After 4 weeks, the products finally arrive in Hungary, but they are intercepted by customs, which means some declarations are required to get them through. So still I have to wait some days before I will be able to judge the quality.

The shirts coming from the Baltic states are quicker, already in Hungary within a week from the order, however here I have to pre-pay VAT to be claimed back later.

Soon I will be able to touch the first shirts after seeing the outcome, I will have to start focusing on improving the supply chain.

Not only for boys …

So far I have been creating clothes mainly for the male part of our society as I have been creating clothes for myself to wear. With the first batches of clothes on the way to my home, I decided it is about time to design clothes for ladies as well.

Therefore having my wife and daughter in mind, I came up with the Dunaföldvár girls shirts.

A nice V-neck lady shirt in two colors with which my ladies can walk through our beautiful little city with pride. The next batch of shirts to arrive will contain a black on for my daughter and a grey one for my wife.

Christmas presents

Slowly Christmas gets closer and closer so it is time to think of the Christmas presents.

My brother is a fervent Steam train freak. He travels all over Europe to visit exhibitions and conferences. It is his work and his hobby and he is the most difficult person in this world to buy Christmas presents for. But this year it has become easier.

I decided to make the “Heart for Steam” line:

It consists of a nice pillow and a shirt:

I guess it is better than the collections of beer what I normally buy for him. Now I only need to hope that it will arrive at my home before Christmas.

A front only version is available in the webshop: