Taking a chance with GoFind XR Tokenswap

in gofindxr •  5 years ago  (edited)
To be very honest, it's been a while since I invested in any ICO's or token pre-sale. And this is with good reason. The crypto world can be complicated, and it can also be quite easy. Easy is when you invest your hard-earned cash/crypto in a coin that's quite stable or one you believe in, and just sit on it and wait. I'm sure those people who invested in Bitcoin a few years ago and held on till those little digital assets went up to nearly $20,000 in December 2017 will probably read this and nod. If they sold then, well that's the easy coming into play and I'm sure they were happy campers. But you know me, right? Easy has never been my middle name...🙃

swap
source

My personal (ICO) investment journey

In total, I put some money/crypto into less than 10 ICO's so far, since I entered the crypto realm. ALL of them had one thing in common: I researched the heck out of them. And if you want to invest in any, I'd advise you to do the same.
I read any information I can find on their website, their social media accounts and anywhere else. I research the team: what has each individual done before this and what do they add to the company now? I read the blue paper, the white paper, the roadmap, and if there were any green, orange, and purple papers, I'd read them as well. In other words: anything I can find about the project. Most of the time, I also add some gut feelings to the mix: if something looks too good to be true, it usually is. And sometimes it can be even better. My gut hardly ever lets me down in this respect.

However, sometimes even all of the above is not enough. After all: no one can predict the future and even if the project has been put together in the best possible way, with the best possible people who put their heart and soul into the project, it can still fail. It would be very naive to think that it can't.

When I invested in ICO's for the very first time, I chose three projects that seemed like a good idea. As mentioned above, I researched and researched and mixed with my gut feelings, I invested a minor amount of money divided by three. Looking back at it now, I can call it a success story. Two of the projects did really well and continue to do so. Another had a great promise, but due to unforeseen issues within the company, the token distribution took a very long time. It turned out fine either way.

Not long after these three, I invested in another ICO that had everything. It had the project, it had the people, the whitepaper and so on. I was not only investing money, but also time, lots of it, on the project itself, because it meant that we would do good in the world, and help people who need it the most. But something in my gut told me there was something about the CEO. My gut was right but I didn't listen. The whole project was a complete scam. Everyone but the CEO lost money, time or both. This time I had invested more than just a couple of dollars, so it was a bitter pill to swallow.

But all of these examples were a lesson. Some great, some not so much.
Fact is that no one can predict anything when it comes to the crypto market. Even the best of the best can't. However, with a bit of research and maybe some gut feeling, we can invest and hope for the best. That's really all we can do.

XR Token Swap

I had heard of XR Token before, but never really researched it any further.
When I saw this post by @oracle-d I decided to take a deeper look at the project.
Let me first start with the offer on the table for Steemians at the moment.
The promise is that with a minimum investment of 50 Steem, 1 Steem will get you 10 XR tokens. The value of each token is approximately $0.15 but valued before the end of the ICO. In other words: this doesn't mean a thing. There's no way to predict where this token will go. It can indeed initially be listed at an exchange at $0.15 each, it could go up to $0.50 or $1.00 or even higher. But of course: it could go down to 1 cent. Again: no one knows exactly where these things can go.

However, after looking into it a bit more, I find that the project is quite interesting. The team seems to be solid, and one look at their whitepaper and roadmap shows me that it is well thought-out, without any crazy promises or expectations.

What is GoFind XR?

GoFind XR
source

Most people know about Virtual reality. But here, we take things one step further: XR or extended reality. Basically token holders can buy, sell and manage their own 'land' connected to actual geolocations. Apps can be built upon these 'structures' and owners could potentially turn their investment into a gold mine. Or does this sound too good to be true? You'll have to make up your own mind about that.

I decided to jump into the deep once more

XR Token invested in Steem, and if someone puts their trust in my (and your) Blockchain, then I am willing to jump aboard and take a chance with them. Since Steem is still quite low at the moment, I decided to go crazy and invest 100 Steem. I am also thinking of delegating a little, but first things first...

My investment with XR token:

XR

Useful links:

XR Web
XR Token Distribution
Telegram
FAQs
Oracle-D post
XR Token Announcement Post
Radio Interview Talk with GoFindXR CEO with @scaredycatguide

Disclaimer:
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.

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  ·  5 years ago (edited)

Hi misslasvegas 👋 how are you? Hope you're well Hun.

I thought this IEO looked like it was worth a punt as well 🙂 I've got to be honest though, I'm probably going to flip mine at launch... unless we have a big bull run leading up to the autumn and the project gets a tone of hype. Or I might sell two 3rds of my xr tokens to make a little profit whole retaining a few hundred as a speculative investment. I ended up throwing 80 steem at this one 🙂

Having said all that, the white paper did look good with this project.

Hi @raj808! I'm doing fine :)
Yeah, I'm not sure what I'll be doing with them once they launch. It depends. Usually, I sell 50% right away and keep the rest.
I still have all the tokens of my first two ICO's. I'm sure they will help when getting to Steemfest this year.

Are you planning to go? You know Thailand is great for diving right?
So there, you have to go. I'm pretty much selling everything I have around the house, because I really don't know if we'll be coming back.

  ·  5 years ago (edited)

Hey yeah I really want to make it to Thailand SF4 but I can't be sure yet as so much is in the air regarding my health. If I'm honest, I don't want to travel unless I'm 100% fighting fit. I'm keeping my fingers crossed everything keeps improving after this latest treatment and I might be able to go and have normal energy levels and enjoy a proper backpacking trip and adventure 🙂

P.s. I love Thailand and it's where I first learned to dive. Check out my similian islands articles to read about the first trip that made me fall in love with diving. Here is the link for conclusion of that three part scuba travel blog 🙂

https://steemit.com/travel/@raj808/scuba-scribe-diving-the-similian-islands-concluding-part

This looks really lucrative investment. Yes, where heading into that kind of technology.

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