Growing Your Crypto Bags Is Addictive

I think once you see the growth you enjoy what you are doing even more which keeps you active and why growth is so addictive. How can you stop knowing every day you are worth more or at least have more coins.

This week I was double checking my growth by looking back against my previous COTI growth post otherwise I would have no idea. You obviously know you are growing but definitely not by how much. The last post was 5 weeks ago and the growth is slightly over 10K COTI and with some simple arithmetic it tells you the average growth is 2K COTI weekly.

The weekly COTI rewards being earned via the stake account for roughly 600 tokens so the other 1400 COTI is through purchases. The plan moving forward is to continue at the same growth pace. There is roughly 11 weeks to Christmas and I am sure we will know far more by then what this crypto cycle is offering yup this time or whether we shall see the peak in the New Year.

All we should be worrying about is controlling the parts of our stake we can influence by growing and accumulating in the mean time as this is still definitely a great time to keep on building. Over the next couple of months I could possibly add another 20K which could be worth quite a few dollars to the final total.

I am in a far better position than I expected for the peak of this cycle and the hope is the time and effort will justify the time spent doing this over the last 42 months. Whatever happens this has been a fun project to build from the ground up and I am already looking forward to the next cycle knowing the starting point will not be zero.

The idea or perfect scenario would be to sell and buy back possibly being able to 4 x the current stake size and have a starting point of between 700K and 800K COTI staked in the Treasury next year. The end game is to generate a high earning passive income stream and this will only happen once the price rises significantly.

The longer we are in crypto the more we learn and in theory we should be very well set after two complete cycles putting us ahead of the game. Right years does sound like a long time yet this cannot be rushed as time is your friend when using the compounding effect. This cycle has again been about learning by seeing what is possible growing a stake outside of the HIVE ecosystem. The final numbers will influence how I attack the next cycle and what crypto I will invest in.

Crypto I believe will take on even more importance if and when we see digital ID's introduced as we need wealth outside of the current institutional systems where this is no controls. I do think many others are starting to wake up to this and crypto is the obvious choice which will place us all in a favorable position. To think those in crypto 8 or 10 years ago were regarded as kind of crazy and now it is not that crazy and will become mainstream soon enough.

Posted Using INLEO