Brofund Asset Update/Report
Hey Hive degens,
It was suggested to me that we keep these flowing monthly to instil investor confidence. Plus the last ones I did for you guys didn't show much, only a total breakdown.
So here is our very own colourful breakdown of where we are at the moment. You could perhaps count this as Chart 1 and we will track it from here. Next chart will also feature our growth in hive and our growth/loss relative to USD.
As you can see down on the chart here we are a bit overexposed to splinterlands for the time being. I will look to take from this over the coming bull for some much needed liquidity. Right now we're locked in our assets, and because of the bear I'm not looking to sell any for the moment.
After a good bull in a year or two we will probably look into freeing up some of those and turning it into liquidity. But for now we keep the lights on and carry on being BROs.
Right now we are seeing price appreciation of BRO because I will always need BRO for @brofi - the tighter you guys hold that BRO the higher I am having to climb that ladder to purchase them. Also, and of course the Legion airdrop (for every 1 BRO you get 2 LGN dropped over a year.)
That being said it's all looking good right now. For now we ride the bear and have not experienced much of an asset drop in terms of hive. Usually when hive moves significantly (and especially in a bear market) we see a mass exodus of tokens. Not right now.
BRO remains strong.
For now! Peace out brothers :)
long live BRO, long live legion🙂
woohoo burly
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It amazing to view when it is all laided out as assets on a graph
Thank you for sharing and good luck for the bull run asap :D
Glad you like it!
This right here shows me exactly why I'm happy I invested and kept going with Splinterlands. It's the single asset that's actully performed well despite all the crazy that has been happening.
Well, it's dropped quite a bit. Our splinterlands assets were worth $240,000 at one point. So there's that.
Yeah but most crypto assets have dropped far more and don't really earn any passive income on top of them.
I thought there were other off hive stuff? No ?
There is, but I shoved it in with the other stuff. There's about $600 there but not much to scream about at all - yet. If we see a drip turnaround you guys will be in for a big surprise.
BRO Price shot up to 7.9 Hive each!
I just picked up 3 BRO coins at 7.9 Hive each, I hope that this keep climbing :)
Nice - enjoy sir :)
Hey,
There are any minimum amount of Bro to start to receive Bro dividends?
The dividends are sent daily, weekly or montlhy?
There is no minimum, no. Drips get sent out weekly.
Ok thanks for the information
Nice to see a report from BroFund. I thought BRO had some non-hive holdings as well. I agree you are a little over exposed to Splinterlands but yeah, i think your deck is still worth more than you paid for it (-20% max to liquidate) so don't be so hard on yourself.
Looks like SPI and BRO are around the same size in $ value, perfect time for a merge!
You're already using SPI's colors. Did you get some inspiration for me? 😏 Either that are great minds think alike
Top Tip - Add the date and a report number
Down the road when BRO is all grown up and worth a few million, would be handy to have dated reports to make gathering information easier for yourself.
Yup, took the idea of making a chart from you. I liked your finance reports. Ours doesn't change much so there's that.
Offchain wallets aren't worth much. Around $1000 in total. That was a lot more before the bear, but meh, it's still there - which means it'll be worth a lot more again :)
Good idea about date and number! Like that :)
A merge? Interesting - what are you thinking?
I created SPI because I wanted to invest in a good token on HIVE and there were none and also to inspire and show others how easy it was to do. BRO was SPI's first big HE investment and never regretted it yet. If you had released BRO before I created SPI, I might have never created SPI, haha.
Yeah, I remember off-chain investments being worth more, I remember what they were worth but I'm not gonna put that number out there for all to see. Im in the same boat mate and some things have dropped a lot.
And a marge? Nah, I'm just fucking about. We still have our houseoftribes account. Im down for adding a little into this each week again if you can set up a freaking recurring payment and make sure your account is funded, haha. Shit even converting to HBD and earning 20% for the next 6 months could be ok to get the ball rolling and when we have a decent amount saved up, spend it on cheap crypto. Do you remember the plan for this account? The HOT token?
If you're looking to add that to your reports, our shares are worth 2874 HIVE each. Just ask anytime you want to know what it's worth. Each year, I update SPI's report to include more information and showing individual accounts will be one thing I'm adding to this year's update so, in a few months, you'll be able to just check the SPI report to get the number. Do you still have the keys for this account?
Feels weird writing to you in a comment. Dont bother replying here, just hit me up on discord bro.