A rope assembly, according to various embodiments, comprises: (1) a braided rope comprising a plurality of braided strands; and (2) a rope fastener that is adapted to: (A) be attached to the braided rope adjacent a first end of the braided rope; (B) allow a user to selectively form a braided rope loop of a first particular circumference by fitting the rope fastener through the plurality of braided strands at a first particular location on the braided rope; and (C) allow a user to selectively form a braided rope loop of a second particular circumference by fitting the rope fastener through the plurality of braided strands at a second particular location on the braided rope. In various embodiments, the rope fastener is shaped for selectively preventing the rope fastener from returning through the plurality of braided strands after the rope fastener has been fitted through the plurality of braided strands.