A New Opportunity, And Why This Ticks All The Boxes For Me.
Last night I pointed you towards a video that I made emphasising that I do not believe in any way that Crypto, Blockchain Et al. is dead. This year has been very much a holding on year for me up until now. Finally after searching for something new to plug a gaping hole that appeared early in the year, I can look forward to sharing something excellent with you.
I can't rush the explanation because the detail, including what has led up to this, is critically important so that you can understand how it could benefit you.
In simple terms you could say that my plan has always been to accumulate enough capital and income so that I don't need to ever worry about it. But as you will know that is more easily said than done and so the plan continues to be one that still needs to be pushed forward. You might be thinking, so what?
And that is fine. I say these things because I believe that almost everybody wants to be comfortable and secure but not everyone knows how to get there. Many will agree that it is hard to find this progress with traditional investments and the old (and dying) system of money and that you have to find new ways to achieve this now. If you already believe that, the power of this new (to me) discovery will be clear to you.
Unusually, on this occasion, if you act now, you will be starting off a project at the same time as me and I can literally advise you about what I am doing and why as I do it!
Fortunately, my plan has always focused on the day I stop working so small things like the current value of an asset have been pushed to the back of my mind wherever possible. Even so, I still suffer from some fear of the future and the older I get the closer the problem encroaches and the more the fear mounts up.
I sold a bunch of USDT (Tether) and turned it into cash a couple of months ago when I saw the ripples coming in the market surrounding stable coins and I knew then that, if stable coins were under pressure, a lot of projects were going to be in trouble. And, sure enough, trouble hit Terra Lunar, and more recently Celsius (with a big impact on Ethereum). If that means nothing to you, fear not. All will become clear.
It feels like the only other thing I have been doing this year is holding on for dear life to the portfolio of Crypto and Crypto projects I have and searching frantically for something else that could plug the gap that I need plugging to continue to grow.
2022 has been feeling like the classic one step forward, two steps back scenario that we all experience from time to time. But, as they say, if the mind is open to it, opportunities will always cross your path. Is your mind open now? Because only an open mind can move forward in the hard times ahead and see the potential benefit of what I am about to put in front of you.
Fortunately, my mind was very much open a few weeks back when I had an interesting conversation with a very good friend.
For me, two very important income producing projects that I have money in have, at least temporarily, gone belly up. One of them you wouldn't even know about but it was the most lucrative thing I was involved in even though I always knew it was highly speculative (that one has cost me). The other I haven't actually lost anything in (monetarily) but I haven't gained anything to speak of either. But you could say that it cost me big in time and energy consumption and it is currently a veritable pain in the arse.
Both could, theoretically come good and come back because the problems they've encountered have been caused by underestimating how bad a crypto winter can be and maybe the winter will not kill them off completely.
Strangely, in respect of the one that I haven't lost money on, I now think that it was no more than a very poor copy of this new opportunity I have been shown and have just got onboard with. The "new" project has been going longer and I think perhaps the pain in the arse project was copied but without the critical elements that make it work, That's just a theory of course. Had I seen this new one first I would never have bothered with that other one. I make mistakes. I am human.
Although it is new to me, it has actually been a very well kept secret for almost 3 years. The time that has elapsed has been used to position this business front and centre for when the inevitable regulation and compliance hits the blockchain industry. In the parts of the globe that they can be, they are already totally compliant. Where they can't be (yet) they don't make an offering or restrict the offering to things that will not make them fall foul of any known rules. USA for example is out, until they dot more i's and cross more t's.
They have a legal team of 22 people including a women who has consulted on a crypto-based regulatory framework for the European Union. Needles to say, they are moving forward with confidence and are at the point of being able to handle some big expansion plans and there are some very exciting things to come as they move forward.
Right now, here in Europe, there is a fabulous opportunity to get into something they offer called Cloud Minting. This is a new WEB 3 process that seriously rocks. It's like mining but without the downsides. So, no environmentally destructive habits like massive electricity consumption and rapidly worn out ever updating graphics cards.
A successful Cloud Minting project needs a very good (limited circulation) Cryptocurrency as its central utility. They have that. They have a Cryptocurrency called LyoCredit Token. It has purposeful, real world use as it is used to finance and run all of the company's projects.
It has just been listed by coinmarketcap and right now it has a value in the $1.50/$1.60 region. Not that its value today is relevant. So, I am not even going to comment about what I think the value of this coin could do. I am just going to stack the hell out of them through their cloud minting operation. You see, when they pay the coins out as a reward and when the coins are swapped for (Bitcoin for example) they are literally burned from the system.
There is a limited total supply of just 250 million of the tokens. So, in time the supply must reduce. That is the main reason Bitcoin works. There will only ever be 21 million bitcoin put into circulation and over 19 million of them are already out there. You might think 250 million is a lot. I assure you it is nothing. Most Cryptocurrencies have an unlimited supply. So, just so we are crystal clear, the primary goal here is to stack the hell out of LyoCredit to turn back into bitcoin as I go along. The main company behind this is LyoPay. You can check out their ecosystem on their website for yourself (perhaps have a look later) and you will see the 9 main projects that they have built or are building.
All of these are using the LyoCredit Token as the utility token for their infrastructure. However you cannot access LyoFi (that is the cloud minting project) directly through the LyoPay site or ecosystem or, at least, you can't access it in the most beneficial way. You need another part of the puzzle for that (I will tell you about that as we move on).
The title of this email is HOLD (that's what I am doing while I wait for the terrible market to move on) STACK (that is what this new project is all about) SEARCH and GROW. Well I don't think I need search any longer. And this new project will certainly help my plan to grow. I am also stacking with a few other projects that are still very much alive but that is a story for another day.
I am not going to try to tell you that I know for certain what is going to happen in the future with any project, that's impossible. But I am going to tell you that I believe that this whole LyoPay Web 3 structure project ticks more boxes than I even had ready to tick and the LyoFi part of it has me very excited.
Always remember. No-one is clever enough to only pick winning projects all of the time, no matter what they tell you. To succeed you need to sort through a few weeds to find the beautiful flowers.
Think about it for a moment. How popular do you think a token with a restricted supply will be once it becomes common knowledge that you can keep minting them. Especially when what you effectively do here is get a 3 to 1 return. 3 times what you put in, comes back out!
Now don't get ahead of yourself here. If you do this entirely passively then it will take you 900 days to get that 3X back (300 days to get your seed money back) and you will always lose a little in blockchain charges as you withdraw, transact etc. so maybe 300 days is really, say 310. But you can accelerate this (reduce the time it takes to get 3X) buy introducing others to this. I have already spoken to some people who are going to build massive incomes with this because they see how good this project looks compared to most other crypto-based projects.
But introducing is a personal choice. Perhaps something that you might do once you are comfortable with it. So, in addition to it ticking all the boxes, it most certainly also presents an opportunity, for those of you who need it, to build your essential income as you can also be rewarded by referring the business on a bigger scale.
As is always the case, I look first at the passive income and growth opportunity and what it can do for those that want to put only their money to work instead of their time. And you go further with the stacking by adding more minting power later as your enthusiasm for the project grows.
Now there are some intricacies and specifics that you need to understand but I am going to let a very good friend of mine explain that to you in a video. I am going to do that by giving you a link to a video that explains all you need to know about getting in and starting your income producing journey.
My advice, as always, register so the journey has started for you and come back with questions if anything needs clarification. It is that first step, the movement into action that separates winners and losers. Did you know that 99% of people who say, "I will look at that later" never do anything as too many distractions pile up and get in the way. Get in first, ask questions later.
The best part of this for me, in a way, is that after a waiting period to get your personal server or part server set up (10-days) you can start pulling out and converting the LyoCredit token and swapping it into Bitcoin pretty much immediately. Bitcoin is one of the currencies you can pay in with and withdraw to. And with Bitcoin on a sabbatical right now, plunging itself in the market, maybe you will be pulling it out into an environment in the future where it is off and growing again.
You could look at it like this. 1 bitcoin in, 3 bitcoin out. That is a simplification of course. You'll probably want to start out with far less than 1 bitcoin of input but hopefully, you get the point.
If you want to understand what LyoFi cloud minting is and how it works, this blog I put together explaining it should help: BLOG. But register first and you can gather all the information you need at leisure. I assure you, this is a project I wish I had been into years ago.
That's it for this email, it's long enough. I wanted to give you the critical information up front. Here are the bullet points to finish:
1) This is Cloud Minting a great looking coin with real utility.
2) You can start for as little as €500 in bitcoin or ethereum (allow a little extra on top - always - for transaction fees). 3) This works to get you your money back in 300 days and go on to give you 3X overall. And, if all you want is passive involvement, you've got it. 4) This is wrapped up in an opportunity that will also allow you to earn from referrals. Either as a full blown business or just as a casual introducer.
All the best
John
As always, no financial advice here, you have to always make your own decisions based on your own diligent research about what you choose to get involved in. Cryptocurrency projects are still mostly unregulated. Even the great ones must be classified as "high-risk"
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