SBET & WIN Dividend Report | WIN Profit Taking!

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I try to closely follow both the Wink.org & Sportbet.one platforms in bringing weekly updates on the news and the Returns they are providing...

WINK.ORG Taking Profit

I wrote last week (See Post) how the price increase of the WIN token might be a good time to take some profit as it was mostly based on hype and not so much because the dividends had increased and that is what I did. I ended up selling 2M WIN for 433$ as part of the 5M WIN I added near the end of 2020 which I paid 315$ for (See Previous Report) so some major profit there. So far, the strategy of following this token closely in these weekly posts while cost-average buying myself into it when indications show that it's too cheap and taking some profit on big pumps has worked quite well. Add to that the Daily dividends that are being paid out and a 1355$ investment now turned into 6583$ when adding everything up. It comes to show the power of being consistently cost-averaging and collecting Dividends for 50+ weeks with a return of +386%

WIN Dividends

The Dividends went up again this week which along with the increase in price for TRX delivered some strong results hopefully reversing the slight downtrend they have been into. There is still somewhat of a decoupling as returns based on the 21-day average and the current price 'only' range around 0.413% weekly.

Overall, I couldn't be more pleased on how getting into WIN has played out even though I remain cautious given the massive supply that still is not frozen possibly resulting in that increased dividends means more WIN will be forzen making it so that returns won't increase.

SPORTBET.ONE News & Dividends

Some more casino games were added to Sportbet.one and they also introduced an affiliate program in order to hopefully attract more users to the platform. I put in a request since it fits for me since I like their platform, use it myself from time to time, am invested in the SBET token and write about it on a regular basis. I haven't yet gotten a reply though.

Adoption remains the main issue as right now it seems like all the new people that get into crypto only really care about potentially making some profit swapping coins they have no idea about on what exactly they do. Very few actually care about the decentralization aspect or are actually using the platform (yet). The only thing that keeps me back from doubling my SBET holdings at the moment is the fact that the number of users isn't going up. I might be too late on getting more if it happens but at this moment it's just a risk I have to take.

Both the price and the dividends for SBET went up a little but and they are not at a +1.042% weekly based on the current price despite the fact that the number of users dropped below 100.

I continue to track my personal weekly passive earnings from holing 23M WIN / 505K SBET / 10k TRX / 2271 RAKE which is my gambling dapp portfolio right now. My goal is to get these to above 50$ weekly which I reached for the first time last week despite the fact that I reduced my holdings a bit. There are still 44 weeks left this year and I'm looking forward to seeing how it will all unfold.

I'll be back next week with another update...

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(Edited)

@anderssinho

yeah, I can't complain on how this all has played out so far and how easy it has been. Dividends have given some good indication on where to buy low and sell high. Cost-averaging both ways also has been quite powerful. Each week at least something happens, so it also is quite entertaining to keep track.

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Just have to ask this again, are you living of these investments/betting? I think no matter what your journey is interesting and I would love to include your work more in the STS somehow

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I have been betting for the last 15+ years mostly living from profit yes. In the past, it was possible to build a lot more volume with bets from other pro or semi-pro bettors. By now, the betting market has sharpened a lot and I mainly stick to my own handicapping and bets to make a profit there. The combination now of Betting/blogging/crypto/trading works quite well for me and I really enjoy it. I'm also able to compound nearly all earnings as I don't have an expensive cost of living along with some passive earnings outside of crypto & betting which cover most of my expenses without having to take on a 'real job' :-)

There is an online movement called FIRE (Financial Independence, Retire Early) which my way of going about things very much relates to.

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That's really cool! We should really make some system on Sportstalk and use your competence to have som pool betting or something, would be really cool.

Yeah know alot about FIRE actually, really interesting. Still in college but when I start working I'm aiming on also do FIRE!

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Impressive stuff. You seem to do alot of betting stuff. You should maybe form a betting thing here so you could take some sports rewards and bet that and pay out the winnings in dividens?

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Thanks, I'm just sticking to betting for myself, sharing my previews and bets here as it helps to keep me sharp and maintain a good work ethic on my handicapping. Everyone is free to do with the info what they want though.

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