Five weeks ago I invested in a StrongBlock Node. One day later I bought two more. Four
days after that I bought another one, then two weeks later I bought one, and finally
I just picked up my sixth and… for now… final node. My name is Nicholas Johnson and
this is the Space Warehouse.
For a while there, the price of the STRONG token was just going down and down and down
- which is why I felt like I was getting a deal when I got in.
At the same time if you were to look at the month long chart from October to November,
you wouldnt be faulted for thinking this was a sinking ship!
But… Towards the end of November, after testing $400 not once, not twice but bouncing
off of it three times - the tides began to turn on the STRONG trading chart. From the
start of December until today - this is what were seeing. Ill draw a trend line in there
to make my point a little clearer.
So each node will cost you ten STRONG, and at the moment - STRONG is valued at $610 US
Dollars, so to buy one node you’ll be giving up $6,100. That money is then gone - its not
like a stock or a crypto, youre not investing in STRONG, youre purchasing an income stream.
After you’ve got the node and apparently for as long as you pay the $15 monthly maintenance
fee - you will be paid back 0.1 STRONG per node, per day. For me, thats 61 dollars 6
times a day, or $366 a day - 10,980 dollars a month! Whatthefuuuuu
I made a video a little over month ago about setting up these nodes, and how to do it..
A lot of the recent comments, Im assuming because of the ever growing price of STRONG,
are asking me ‘how this investment is going and what I think about the project in general.’
So far I have to say this has been the single most lucrative crypto investment Ive made
yet! Sure I made more money buying and selling a house, but that was over the span of 10
years - Ive only had these for a month and Im making the equivalent of a six figure salary??
I guess thats where the concern creeps in.
The good news is that the company behind this is open about the fact that its basically
set up the way a ponzi scheme is set up. Initial investors are paid dividends on their stake
primarily out of the money from newer investors who buy in at a higher price or in bigger
numbers.
The reason this is GOOD news is that NORMALLY a ponzi scheme is set up as a trick and a
lie to fool people into investing in it. In this case the guys at StrongBlock do weekly
public forums talking about how they PLAN to monetize their system, and how theyre taking
on large and new partners constantly, and that the burned tokens go into a public wallet
that anyone can look at at any time to confirm there isnt any fuckery going on.
Now, wether or not they’re successful at monetizing this system or wether theyre able
to find some way to draw out this whole payout schedule to a somewhat predictable end has
yet to be seen. Right now, you can’t know if they will be successful. Thats what makes
this investment risky.
They’ve talked about changing the payouts so theyre decreasing slowly over time so that
there is somehow equilibrium in the STRONG coming in versus the STRONG being paid out.
And they’ve been selling these very expensive NFTs to boost your income stream at the cost
of a boost to their STRONG stronghold.
So I DEFINITELY cant tell you this is a safe place to put your money to work. I CAN tell
you that at current, my money is working harder here than it is at my bitcoin mine, or my
GPU mine, or my MVIS moonshot (although I know Im right about that company, just you
wait!).
If Im pressed to give my purely speculative opinion on the matter - I will say that Im
betting that it goes up as awareness grows, and for a good bit before exhausting the available
pool of risk hungry crypto prospectors.
Im not going to pick a number, but looking at the charts: On the daily, its on a up trend..
The one week chart is on an uptrend.. The month long chart is going up.. Looking back
an entire year… UPTREND.
Only on the 3 month range are we below the point where we started, but even then, clearly
as the plane was heading hopelessly towards the water - the unconscious pilot came to
and was able to pull back on the stick to avoid the crash!
Overall, I think its early. Do I have full confidence in this project? No I do not. I
am not affiliated with this company in any way, and I am not sitting here today telling
you you should buy a StrongBlock node, or six. (do it). But I did - and if this weeks
trend continues into next week, I would have back the $30-something thousand dollars I
put into this thing in like another month!
If you’ve been watching my channel for a bit now, you may know that I dont do a very
meticulous job of tracking the precise amounts I put into and get back out of these projects.
Tax season is going to be, awesome.
I dont really every try to calculate the length of time to “pay back” the money I invest.
Its not a loan, that money is now gone, this new income is now present. Also, and especially
with STRONG, but bitcoin, too - the size of this income changes daily and unexpectedly,
so modeling a period of time to receive back the number you put in is strictly impossible.
As long as money is falling out of the money tree faster than the money maid can sweep
it up into her money dustpan, its going to be just fine! And as long as I spend most
of my money on new streams of income, theres no profit left to be taxed on, right? Is that
how tax works?
I dont know. After five weeks, and after buying node after node, I at this moment make $366
per day with StrongBlock. 100% Passive Income. Ok 99.99% passive income, for about 3 minutes
out of every three months I have to sign in and press some buttons to pay maintenance
fees.
My prediction, though, is that if the price DOES keep going up - node holders will start
to cash out some of their sweet sweet STRONG bucks for America bucks, and cause the price
to push back down. However, if the price pushes back down, that will give the FOMO folks a
reason to finally buy in, pushing the price back up.. Id say if youre on the fence, and
only if fully losing the money wouldnt permanently impact your life - every day you wait, the
risk is only growing until the day they announce a sustainable income source for this token.
And if that day does come - todays STRONG price will most likely look like apples stock
price did in the 1900’s to our future node investors.
If that day never comes? The price will likely spike at some unknowable point and very quickly
fall off a cliff.