Bozzlife: Taking the Gamble
If you live outside the US, you may not know that last night was one of the biggest sporting events of the year. That's right, yesterday was Super Bowl Sunday and two of the things that are probably most synonymous with the Super Bowl are parties and gambling.
Judging from the picture from our most recent trip to Vegas, you can probably surmise I am going to be talking about the latter.
My wife and I participated in a number of "board" this year. It is basically a 10x10 board with 100 squares. Players place their name in a square and they can win based on what the numbers are across the top. Some boards pay both ways, some pay only one. For example if the score at the end of the first quarter is 3 to 7 and you have those numbers you win some money.
There are a lot more complexities that are beside the point of this post...
My wife maybe watched the first quarter of the game last night. I stayed up until after the halftime show, but then I was awoken later last night by my phone going off. Apparently my wife and I had won the third quarter. Then because the score didn't change the fourth quarter, we won that one too.
I also placed small wager in Draft Kings that Tampa Bay would win. It was a nice little pay-day for us.
It is pretty rare that my wife and I ever win anything like this. Let alone winning two of the four quarters. That is pretty awesome. In fact, it had my mind wandering this morning on the drive in to work.
I've been diving in to this whole NFT thing pretty heavy lately. Okay, maybe not as heavy as some people, but I have a pretty decent collection of NFT's over on the WAX blockchain. I've been on the fence a lot lately about whether or not I should sell some of the ones that I am holding.
I have four pieces of land in the Alien Worlds game that I purchased for a total about $150 USD. Right now, I think I could list those pieces of land on the market for over $300 a piece and easily sell each one of them.
The only problem... Right now by holding the land, I earn a commission paid in TLM (the internal token of Alien Worlds) every time someone mines on my land.
You are probably starting to see my conundrum. I am a huge fan of passive income, but, by not making a profit now, I am gambling that TLM is actually going to be a desired token some day (and therefore worth something). I think right now it is only listed on one exchange and it is worth fractions of a cent in value.
It is a really tough call. I think back to a quote @slobberchops used last week. Something about needing the money now. I don't.
Part of me thought about just selling one of the pieces of land so I could recover my initial investment and then anything on top of that is a bonus. People seem to think I am nuts for wanting to give up even a single piece of land. "What about the passive income?" "What if the price of land goes up even more?" Those are really valid thoughts and part of the reason I am struggling so much with this decision.
What would you do if you were in my place? Let's discuss it in the comments!
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@eos.detroit Staff Writer/BOID Team Leader
All pictures taken by myself or @mrsbozz
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