The TULIP Mania Game Round 3 News - Profits Increase - Day 9 of 28

in hive-167922 •  2 months ago 

We continue to see healthy income, but no fresh sales. This is the on-going mantra!

Not much activity regarding sales of TULIP tokens, but some more decent income to add to the fund.

Initial Fund: 926 STEEM
Current Fund: 978 STEEM
Profit: +52 STEEM
Profit %: 5.62%
TULIP Tokens: 49,164
ABV: 1.99 STEEM cents

We are going at a decent pace now, with post rewards starting to kick in. Some tokens seem to be riding the crest of renewed optimism due to the rise in the price of STEEM. Just be careful of those tokens that have a dollar price, such as DEC, as their price on Steem Engine (in STEEM) will continue to fall if STEEM rises further.

One thing that some players have noted is that there is a large sell-wall at 3 cents that does not belong to the TULIP account, but is rather a player from a previous game. Each new Round is more like a new episode in a series of programmes, hence tokens may well come into play that are from a previous Round. If we ever do get above an average price of 3 cents then those may be worth buying; it is a large amount to break through that price-point but, again, all part of the strategies that each of us need to think about.

One other thing to note is that the @Busbecq account did start with certain holdings from previous games. These holdings total 337 STEEM, so that the fund capital earning money has a gross value of some 1,263 STEEM. This means that, for example, a 10% rise in the fund value would give a 14% rise in the value of the tokens in play.

Also a reminder that prices can go down! I have no control over the price of other tokens but can only do my best in making them as profitable as possible.

As you may have noticed, I am still sending out comments to former players reminding them they have some outstanding tokens. This relies on them actually posting. At some point, hopefully soon, I shall start to give out small votes and trendotokens to players who have bought into this Round 3. It means changing the comment message so as not to confuse everyone.

SteemCITY is bringing in a trickle of income, but it is a very new game with more features coming. Such features need to be analysed to see their effects on potential profits going forward.

We also have a modest holding in UFMM, the miner for UpFundMe. The tribe admin has been making strides to turn the token price around and it is starting to pay off. Burning tokens through the new UFM-lotto is going well.

More updates tomorrow.

Thanks for playing the TULIP Mania Game!


Disclaimer. We are not responsible for your actions. We are not responsible for the functioning of third party software. If the game needs to terminate early for any technical reason (HF21 springs to mind) then liquid funds will be distributed at the earliest possible opportunity on a pro rata basis or the game paused and restarted. Do not play with funds you cannot afford to lose.



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