We are not investment advisors, but there are some well-known, common-sense ideas that anyone who prefers to go with the "Buy and Hold" strategy can use. If you own $1000 in TROPTIONS, it may be best to grow your account to where you have enough assets to make a deal when the opportunity suddenly arises. You can buy using the DCA strategy and the growth of TROPTIONS in your wallet may be your best choice for the time being.
Buying a House: Whenever I have bought a home, I have had to fill out the financial forms and demonstrate my creditworthiness for the loan. This included more than my credit report status. I had to show my income, and I had to list all of my assets. The financial assets included all bank accounts, all stocks, all property, and all cryptocurrencies that I owned. At this point, the loan rate and approval were based on these key assessments.
Helping your Children buy a House: Your children may need to beef up their portfolio when they apply for a mortgage loan. Passing some TROPTIONS to their name can make their application much more attractive or lower the interest rate.
Get Rid of the PMI payment: When buying a house, 10% is usually the least anyone can put down on a house purchase. At 20% down, the extra fee for PMI is knocked off, and that can save you thousands each year.
Buy an Investment Property: Could we expand these two simple ideas beyond buying your family home? You may expand your passive wealth and income by purchasing an investment home and leasing it out. Once again, you possess two simple strategies that can make that next step in life possible. The seller needs to make no more concessions than negotiating the deposit to be part cash and part TROPTIONS. They still collect their big check at closing.
Help others Buy their House: At some point, this simple strategy may be something to share with others. So, because you have done these simple strategies before, you may help out others .... for a fee.
Spending your TROPTIONS
While this option is yet to be developed, we expect to create the TROPTIONS app and payment system. When these events happen, there will be the opportunity to literally use the TROPTIONS app to buy from other people or to make purchases at local participating stores. At this point, everyone is going to get very excited about TROPTIONS regardless of their hesitation to make freelance-type deals.
For the passive TROPTIONS holders, there are some obvious advantages. The ability to liquidate TROPTIONS by spending them. If your TROPTIONS have grown over time, you are spending appreciated assets making your purchase automatically discounted.
Garage Sale Fun
If you like garage sales, you are already into the Dickering arena. There is no pressure when shopping in any open market, house furniture sale, or garage sale. This takes a lot of performance anxiety off the table. Look for something that is more on the high end of the goods and make your offer. If you succeed, great. If not, you had fun. You already know that these sales are deeply discounted and stuff the person wants to sell off ... or eventually throw away.
If you happen to be someone who likes garage sale shopping, you do not need to beat the seller down in price. Just ask, "If I meet your price are you willing to take cryptocurrency?" It is just that simple. Obviously, the seller doesn't want to sit out in the sun another day, drag items in and out each night, worry about rain, or get left with unsold items. So, give the seller a reason to take your offer. Always start with 100% TROPTIONS and work hard to hold any cash portion to the last-ditch offer.
If you get good at buying resalable items on a regular basis, open up an Amazon store and sell your items for cash. If you bought with TROPTIONS, you have a low-cost basis in the items meaning it is easy to create cash from a fun activity that only gets better as you improve your skills. If you include cash with your offer, never offer more than you must.
"TROPTIONS are not cash. They are a way to get cash"