Post
Topic
Board Tokens (Altcoins)
Re: TaaS — Tokenized Closed-End Fund
by
je@ngrey83
on 28/11/2017, 10:15:59 UTC
Have any of the investments made a return yet or have all profits been from trading alone?
The people that bought in at ICO paid $1 per TAAS and received two dividend payments which together are well over $0.60 per TAAS. All they need to do is sell to make huge profit, but why should they when they can make their investment back in less then a year, over and over and over, for doing ... well... absolutely nothing.

Theoratically, since part of the profit gets reinvested, dividend should grow larger since total investment grows as well, yet the amount of TAAS is fixed.
Two tactics you can follow: buy now at low price and sell just before dividend payout, or go long term and focus on dividend payouts and reinvest your payout by buying what traders dump.
The second is slow but fairly secure (as if anything crypto is ever secure...), the second may get you more profit faster but a growing number of traders aim to do exactly that, so competition will push margins down by a lot.


That's a good analysis on how to play TAAS. MAYBE WE CAN DO A BIT OF BOTH. Buy a few in the lull, sell before divvies are paid out and also buy on the dips to grow the stash long term. I might try to play this 50/50 but now I am so outta funds it's a joke lol. I do think TAAS is a long term hold in general though.

I am thinking to do the reverse, sell during the close date of dividend payout, this is where the price will be all-time high and buyback during the dump after the dividend is received.In this process, I might lose the dividend at one time but gain more taas for the next dividend.

Yes, that is the idea I am having also ATM. Need to wait for  the next dividend announcement though.