Tao Economics

Navigating Economics Cycles for Preservation and Survival

Helium fallout could lead to potential opp

- Posted in Crypto by

Miners cannot make any money on Helium at these prices. (https://coinmarketcap.com/currencies/helium/). A massive crash as HNT is now trading at ~ $.17 cents

However, that might be leading to a low risk opportunity.

Normally the Helium outdoor wifi retails for about $449. https://heliumdeploy.com/products/helium-outdoor-wifi-hotspot

I am seeing versions of the same product getting dumped on ebay for as low as $50. Please double check versions as it might not be exactly 1-to-1.

They might be worth buying. At the very least they are a low risk opp as these devices are not much money anymore. So if HNT does not turnaround, you are out a very low amount.

Or the indoor hotspots are also cheap and are a potential for setting up in you local businesses. You could position local business with this opportunity ( you set it up and split profits, assuming HNT can turn around). You will need to be upfront on the potential.

Also as a FYI, you can take your old phone and get a new phone number for just $15 a month with Helium mobile. Might be worth trying out.

Please do your due diligence on the devices, functio