Summary

The author of "The 1% Club" is revising their BNB Pool investment strategy to address a monthly deficit, aiming to increase the pool's value through strategic inflows and reduced outflows.

Abstract

The author, Lamcer31210, has identified a problem with their BNB Pool investment strategy, where the outflows exceed the inflows, leading to a monthly decrease in the pool's value. To counteract this, they have devised a new approach called "The 1% Club," which involves increasing inflows by adjusting investments in various tokens and reducing outflows by cutting personal expenses such as breakfast money. This strategy is expected to turn the monthly deficit of $107 into a surplus of$ 206, significantly improving the cash flow and growth potential of the BNB Pool. The author emphasizes the importance of adapting investment strategies in response to market conditions and personal financial goals, and they share their revised strategy in detail, including specific adjustments to their investment portfolio and expected outcomes.

Opinions

The author believes that the current BNB Pool strategy is unsustainable due to the negative monthly cash flow.
They express confidence that the new "1% Club" strategy will lead to a significant positive change in their BNB Pool's financial health.
The author values the appreciation of BNB token price and aims to capitalize on it by accumulating more BNB.
There is an opinion that sacrificing short-term personal spending, like breakfast money, is justified for long-term investment gains.
The author suggests that small adjustments (1% changes) can have a substantial impact on investment outcomes.
They advocate for a flexible investment approach, willing to reassess and modify strategies as necessary to achieve better results.
The author reminds readers that their articles are not financial advice but a personal account of investment strategies and should not be taken as recommendations.

The 1% Club

Fixing my BNB Pool & getting it ready for growth

There is a problem with my BNB Pool…

In January, I wrote about setting up a BNB Pool, for my funds to flow through.

Establishing my own BNB Pool

It’s about time I did this!

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I started using this BNB Pool strategy in January & have noticed something troubling. I found a problem with my BNB Pool strategies.

Now it is time to fix it!

If you want to learn about all the projects I’m active with & my current strategies then click the link below.

My Current Crypto/ Defi Strategies & Goals

Updated …1/16/24

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The Problem with my BNB Pool

My BNB Pool is getting lower each week & month, due to outflows. This is because I have too much going out each week & not enough coming in from my Crypto/ Defi investments.

Below is a look at the inflows of my current BNB Pool strategy.

My BNB Miner accounts transfer around $5 combined to my BNB Pool daily. This adds up to $35 weekly & $140 monthly.
I transfer an average of $2.50 from TinyWorld to the BNB pool weekly, which adds up to $10 monthly.
My Elephant Money Futures account is still tiny & generates an average of $25 monthly, which is also transferred to the BNB Pool.
I get paid from my day job twice per month. I invest $250 of that paycheck into Crypto & Defi with each paycheck. After fees, & CEX transfers, I usually have around $90 left to add to the BNB Pool each time. This adds up to around $180 monthly.
My current total BNB pool inflows are thus: $5 daily, $40 weekly, & $365 monthly.

Here are the current outflows from my BNB Pool.

I’m currently DCAing $25 into Elephant Money tokens each week. This adds up to $100 monthly.
I’m currently DCAing $25 into Trumpet tokens each week, also adding up to $100 monthly.
I’m currently DCAing $10 into FHT & EARN tokens each week. So that’s another $40 monthly for each of them.
My latest attempt at TinyWorld is costing me around $8 weekly, and $32 monthly.
Last but not least, I have been withdrawing $40 each week from my BNB pool to pay for my breakfasts during the week. This is costing my BNB Pool around $160 monthly.
My current BNB Pool outflows are as follows: $118 weekly & $472 monthly.

Here is how that looks from a cash flow perspective.

Currently, there is $5 deposited into the BNB Pool daily & nothing coming out daily. This gives me a positive cash flow of $5 daily.
There is $40 going into my BNB Pool weekly & $118 coming out of it weekly. This gives me a negative cash flow of $78 weekly.
Monthly, $365 goes in & $472 comes out. This lowers my BNB Pool by at least $107 each month.

As you can see, I have a major problem with my current BNB Pool strategy!!!

Here are my top 5 highest-earning articles from February.

Please check them out as well.

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The Solution — The 1% Club

Going forward & growing my BNB pool will require a drastic change in my current strategies!

Below is what those changes look like.

No changes to my BNB Miner & TinyWorld inflows from previous strategies.
TFM#1 account is reducing from $2.50 weekly to $1.00 weekly. This is because the contract TVL of that Dapp has gone down a lot, affecting its weekly earnings.
I will start withdrawing from my Futures account every weekend. This is to gain more BNB while the BNB Price continues to rise. The Futures Dapp operates using USD values but transfers using the BNB token. BNB is on its way up in price. So the sooner I can get more BNB then the higher my BNB Pool value will increase. Once my BNB Pool gets to $600 in value then I’ll reassess & may start compounding my Futures account again.
No change to my paycheck inflows. I may increase this in the next several weeks but it will stay the same for now. I need to learn how to do better with a small amount of money before I start playing with larger amounts of money.
I will start transferring 1% of each of the following into my BNB Pool each week. (Elephant token values: ~$22 weekly & $88 monthly, 1% of my Trumpet account values: ~$4 weekly & $16 monthly, FHT & EARN token values: ~$2 weekly & $8 monthly) These tokens have now entered the 1% Club!!!
Total inflows to my BNB Pool: $5 daily, $74.50 weekly, $478 monthly

Here are the changes to my BNB Pool outflows:

No change to my current Elephant Money Token weekly DCA amounts.
I’m reducing my Trumpet weekly DCA by $5 to $20 weekly, & $80 monthly. At this time, I only need another 1,240 Trumpet tokens to reach my 5,000 Trumpet token goals. It will take around 7–8 more weekly DCAs for me to reach this goal.
No change to my FHT & EARN token weekly DCA amounts.
No change to my TinyWorld weekly DCA either.
I will no longer be withdrawing $40 weekly for my breakfast money, at least until my BNB Pool has grown significantly.
This puts my total BNB Pool outflows at $73 weekly & $272 monthly. This is around $200 less monthly than before!

Here is how this news strategy will affect my BNB Pool cash flow:

Daily cash flow will remain the same at $5.
Weekly cash flow will break even or maybe have a small positive cash flow.
Monthly cash flow has been greatly increased from a negative $107 before to a positive $206 now.

That is a $313 monthly increase!!!

In Summary

By doing a few tweaks to my current BNB Pool strategy, I’ll have more “dry powder” to compound my Futures account more often & maybe start investing more as my BNB Pool continues to grow.

I will be sacrificing some of my breakfast money but maybe not for too long.

With this Bull run growing & Alt season picking up steam, I need to keep as many of my tokens as possible, to see the benefits of their growth.
This new revised BNB Pool strategy will help me do just that, while still growing my investment values in several of my Defi tokens & projects.
In a few months, I’ll have more available BNB in my BNB Pool than ever before! Plus, as the BNB token price increases, it will be worth even more!!!

Who knew that 1% could change so much?

Thank you for reading my article!

Till next time.

God Speed!

(NONE OF WHAT I WRITE IN MY ARTICLES IS TO BE TAKEN AS INVESTMENT ADVICE. It is primarily a record of what I am doing & the different strategies I’m using to reach ROI & make a profit in Defi. I am neither an advisor for this nor suggesting any financial action on your part. Invest at your own risk. DO NOT INVEST MORE THAN YOU ARE WILLING TO LOSE! DYOR. NFA.)