avatarLamcer31210

Summary

The author is investing in TRUNK and Stampede, a less popular choice in the Elephant Money ecosystem, due to their lower cost and potential for significant earnings increase when TRUNK's value rises.

Abstract

The article discusses the author's investment strategy in the Elephant Money ecosystem, which diverges from the mainstream approach of investing in Elephant tokens and BUSD in Futures. Instead, the author opts to invest in TRUNK and stake it in Stampede, citing the affordability of TRUNK due to its reduced price following an exploit that broke its USD peg. The author believes that by investing in TRUNK at a lower price point, they can significantly increase their earning potential. The strategy involves a weekly routine of consolidating earnings, investing in Elephant and TRUNK, and staking additional TRUNK in Stampede if available. The author anticipates a substantial boost in earnings when TRUNK's value returns to its pegged rate of $1, potentially multiplying the value of their holdings by six times or more.

Opinions

  • The author finds TRUNK and Stampede attractive investments due to their current low cost and the potential for high returns when TRUNK's price recovers.
  • Despite the popularity of Elephant tokens and Futures among other investors, the author prefers to allocate funds to TRUNK and Stampede as a more affordable and strategic move.
  • The author acknowledges that the daily yield in Stampede is lower than in Futures but sees the variable yield as an opportunity for increased earnings if the TRUNK price rises.
  • The author is confident that their long-term investment in TRUNK and Stampede will be profitable, especially if TRUNK regains its $1 value.
  • The author emphasizes that their investment choices are not financial advice and encourages readers

The Under Dogs of Elephant Money

Why/ How I’m investing in TRUNK & Stampede when everyone else is running in the other direction?

Photo by FLOUFFY on Unsplash

At this time, most investors in Elephant Money are going for the Elephant token & putting BUSD in Futures.

I’m doing things slightly different.

  • Why am I doing things slightly different?
  • What do I find so attractive about TRUNK & Stampede?
  • How am I investing in these two, among side my Elephant tokens?

If you would like to see what other investments I’m currently active in then go read my referral link article below.

Why TRUNK & Stampede?

Photo by Bernd 📷 Dittrich on Unsplash

You may be wondering why I’m not investing in Futures & the Elephant token, like everybody else.

Well, I AM heavily investing in Elephant tokens, every week, & every time I get paid.

That being said, my funding isn’t really high enough to start investing in Futures, yet. So I’m doing the next best thing. I’m buying TRUNK & staking it in Stampede!!

Here are a few reasons why I’m doing this:

  1. TRUNK is on sale & very cheap! Futures uses BUSD, which is equal to $1. TRUNK used to be the same, that is until an exploit broke its USD peg last year. Now it’s around $0.13-$0.16, a lot cheaper than $1.
  2. This also means that I can increase my earning potential a lot cheaper as well. The required 200 BUSD for Futures = ~$200. The required 200 TRUNK for Stampede = ~$30. (That being said, the daily yield in Stampede is less than 20% of what it is in Futures. So I need to make sure that I know what to expect.)
  3. The yield is variable, which means it can change. This is usually in relation to the current TRUNK price. If the TRUNK price goes up then the daily yield does too. If the token price goes down then so does the yield. It’s relatively low at the moment. Once TRUNK gets repegged then the yield will go up a lot! — This will be a huge boost to my earnings!

Top 5 earning articles for April:

  1. Rethinking this thing called DRIP… ($80.88)
  2. My pig went DRIP on me!!! ($33.75)
  3. Elephant Money: 332,332,822.22564 little Elephants & 259.957354211883 TRUNKs too!!! ($12.51)
  4. My Little Elephants are Growing up BIG & Strong ($8.87)
  5. BNB Miner #2 ($5.64)

This is how I’m doing it.

Photo by Emilio Takas on Unsplash

At the end of each week, I’m investing in TRUNK & possibly putting more into Stampede.

Here are my steps.

  1. Consolidate all of my earnings into my deposit wallet.
  2. Figure out what my deposit wallet’s total balance is without any of the Elephant or TRUNK tokens.
  3. Invest 1/2 of that balance into Elephant.
  4. Invest 1/4 of that balance into TRUNK.
  5. Stake another 200 TRUNK into Stampede, if I have more than 200 TRUNK in my deposit wallet.
  6. Repeat this process each week.
  7. This will grow my Elephant tokens, my TRUNK tokens, my Stampede balance, & my total earnings in the Elephant Money ecosystem.

This is essentially a long-term play with TRUNK & Stampede.

I plan on having a very large Stampede balance when TRUNK goes back to $1. If that happens, then the value of my earnings will go way up, almost 6x or even higher.

That would be AWESOME!!!

In Summary

So I may be one of those weirdos, going against what is popular at the time.

I think in the long run it will pay off greatly!

  • TRUNK is currently on sale.
  • Playing in Stampede is much cheaper than playing in Futures.
  • I can build up my bags in Stampede while it’s cheap & reap the rewards when TRUNK gets pegged again.
  • I can do it a little along the way, which makes it much more affordable.

Time will tell how it will do…

If & when TRUNK gets back to $1 then I should be sitting pretty & earning a whole lot!

Thanks for reading!

Till next time.

God Speed!

(NONE OF WHAT I WRITE IN MY ARTICLES IS TO BE TAKEN AS INVESTMENT ADVICE. I am not an advisor for this nor am I suggesting any financial action on your part. DYOR. NFA.)

Cryptocurrency
Investing
Elephant Money
Trunk
Stampede
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