Vision, goals & roadmap

Roadmap is there

After an inspiring week, where the innovation center of one of our biggest customers was visited, where CITYUPTAKE is really stepping up the plate concerning compliance with SEC requirements and where Cardano is getting closer to the implementation of staking, I had a lot of inspiration to think about the future and the roadmap of Carpathian-Basin.

This resulted in updating the vision & goals section of the Carpathian-Basin website, and also in creating a first shot at a roadmap for the #111Month challenge.

Carpathian-Basin roadmap

Never stop chasing your dream!!

Crypto portfolio tracking

My blogpost on Carpathian Basin explaining the crypto portfolio

My Crypto portfolio showcases the various crypto projects in which I am invested and in which I see the potential for wealth increase in the future.

Crypto projects.

The Blockchains I am invested in are the following:

  • TRON
  • CARDANO
  • BITTORRENT
  • RIPPLE
  • BITCOIN
  • NANO
  • WAVES
  • WANCHAIN
  • GULDEN

For Crypto progress I am tracking the value of the following chains in details: TRX, XRP, BTT, NANO, ADA. The other projects’ bag is still to insignificant to be tracked in detail.

Portfolio profitability of tracked projects

The portfolio profitability shows how much the value of the total hold of the coin is versus the money invested in the coin. It is visible that with the current values (November 4, 2019) only $TRX is in profit, while $BTT is not too far off. $NANO, which was the first Crypto I bought in March 2018, still has a far road to travel.

Profitability of Crypto investments

The graph above shows the value of the tracked Crypto portfolio (blue) versus the invested amount of USD (orange) and the resulting profitability of the portfolio (Red). Due to the fact that the vast majority of my crypto hold is TRX and that is the only coin in profitable status, the whole portfolio is profitable.

Within TRON blockchain, I have invested in several projects bringing passive income. The majority of the passive income is coming from CITYUPTAKE and WINK.

Passive income on TRON blockchain.

The daily passive income is continuously growing to a level of close to 20 USD per day. The average daily TRX rewards are close to 900 $TRX per day. This passive income is a key element on the #111Month challenge

#111Months October 2019

Summary of the 10th months of the 111 months challenge

#111/10

Passive income

Due to the fact that the majority of the passive income is coming from the CITYUPTAKE returns, which value is directly connected with the value of $TRX, the passive income has decreased in October compared to September. First passive income was received from the Stock Holdings as well.

WINk and BOOM have become good passive income providers on the  TRON blockchain as well and the revenues are used to increase the hold in WINk for long term income. 

111Months10

Loans

The amount of money in outstanding loans has decreased significantly versus the total amount of wealth and is now standing at 39% of wealth.

Stocks

The Fitbit stock was sold with a 35% profit and part of that was used to increase the stake in passive dividend paying stock Altria and a portion was used to buy another speculative stock PG&E which had a recent big drop.

Crypto

Tron recovered slightly and the vibe is very good with the cooperation with Samsung. This bodes well for the vast majority of my crypto holdings. BTC I keep stacking continuously by adding 0,0003 BTC to my stack each day independent of the price. CITYUPTAKE is giving me through its rewards at least 3k TRX tokens per week, which is slowly increasing the stack. 

And as Cardano is getting closer to the possibility of staking and the Shelley net is to be launched soon, this is the next Crypto on which I will focus to build the stack.

Continuous decision

With investment emotion is a big factor. It is important to be honest to yourself. Are you an emotional person when it comes to investments? Are you quick to be drawn into a FOMO? Are you likely to have a panic sell when prices drop? Have you done impulse purchases in the past?

When your answer is yes to most of the above, it is best to steer away from the temptation of emotion impacted investment.

I have done so by locking most of my investments and making them difficult to touch. Instead of trading, I put a significant part of my holdings in the hands of transparent and compliant professional traders like CITYUPTAKE and soon also accompanied by PYNK. These are taking care of my funds while generating a nice passive income. With that passive income, I can choose to re-invest or to use it for more risky investments.

Besides CITYUPTAKE and PYNK also nice opportunities are opening up at Cardano, which is soon to be ready for staking as well.

So the monthly decision is now, what to do with my investable money? Crypto or stock? CITYUPTAKE or PYNK?

In the end I know that as long as I am not trying to trade myself, the return on my investment will be good whatever decision I take.

Fast Bullits Hungary Rally

Planning to enter the Fast Bullits Rally Hungary

Today I had a chat with my Tennis trainer while playing. He is the organizer of the first Fast Bullits Rally in Hungary, which is loosely inspired by the Burt Reynolds movie.

The idea is to have a three day Rally through Hungary, driving from city to city while having fun as well. One night the intention is to stay at a go-kart hotel in Kecskemét. This is a hotel with a private go-kart track. Another destination for this rally will be the Hungaro-ring, which is where the Hungarian Formula 1 race is driven every year at the end of July.

The date for this rally is set for somewhere late August in 2020 and the amount of participating cars will be capped at a number of 100.

Further details are still in preparation. But this guy has got my blood pumping. This is a great opportunity to get visibility for all the brands and companies I am supporting. Front and back sponsoring of the car is limited to the logo of the Fast Bullets Hungary rally. But the sides of the car are still open for sponsoring.

I could imagine some of the following logo’s on the side of the car I will be driving through this rally:

A nice opportunity to bring name and fame to the brands which are the chosen ones to ensure my possible early retirement from the corporate world.

But first to find a car!

Pynk

On the lookout for new ways to build #passiveincome in order to fund my #earlyretirement, I came across Pynk.

pynk

Pynk is still a Beta version of an investment platform. Their platform is looking for two type of investors:

  1. Time investors
  2. Cash investors

Time investors

The time investors can invest their time into the platform to make predictions on the value of Bitcoin or they can do a forecast on different type of commodities.

By participating in the platform you can get crowd points, which you can use a collateral for earning wisdom point. For logging in you receive points, for answering forecasting question you receive points, but once you forget to log in for a day some points are deducted.

Pynk2

The accuracy of your daily prediction will than define the exchange ratio of your crowd points into wisdom points. The more points you bet and the closer your prediction is to the reality the more wisdom points you earn.

Than once per quarter your wisdom points are converted to Pynk points, which serve as shares in the Pynk investment fund and with that you will get your share in the profits from the Pynk investment fund.

Pynk3

If you can achieve a top 20 result at the end of the month, you can get an additional USDC reward.

The data provided by the time investors are fueling the artificial intelligence, which is a big part of the trade input process.

Cash investors

Soon you will also be able to purchase Pynk points to fund the investment portfolio and to have Pynk to work with your money to earn more. Of course a portion of this profit will be shared with the “time investors”

At this moment I am a “time investor” but as soon as it is possible I will become a cash investor as well with the purpose to achieve my #111Months challenge an retire at the age of 55!

Telegram

Pynk has a very lively community on Telegram and is worthwhile to bring the Telegram page a visit for more info and for becoming a part of this very supportive community

If you appreciate this blog, please use my referral to join Pynk:
https://beta.pynk.io/r/Carapthian

Vision

The vision of Carpathian Basin is to found a brick and mortar Ltd by April 3, 2028 (After concluding the #111Months Challenge.

Carpathian Basin will focus on the following items:

  • Managing a healthy investment portfolio
  • Managing a healthy crypto portfolio
  • Managing real estate
  • Supporting the development and education of local community