A Working Investment = Passive Income

Both of my largest crypto investments that I currently have and have been working on for many years are what I would term working investments. The work that has gone into building the foundations of both these investments cannot be underestimated as the days have turned into weeks then into months and now many years. The idea that crypto is a get rich quick scheme is a fallacy and one has to work hard to make things work. Many call it a grind, but it is more of a journey and I would call it an enjoyable fun type of journey that is addictive.
The HIVE and COTI stake that I have are very different types of investments even though you have to remain active in both in order to maximise your growth. HIVE as we all know and love has many reward avenues that are available unlike COTI which has just one which is farming the rewards offered by the APR. COTI from time to time does have other staking opportunities which offer airdrop opportunities and within the last few years have benefitted immensely from those.
The COTI stake has grown so much it is now getting to the point that in order to generate a decent passive income monthly even a $0.20c value would offer decent monthly returns. The ATH of $0.66c back in November of 2021 does not have to be eclipsed in order to earn a respectable monthly income. Just a $0.20c COTI would have me earning somewhere around $550-$600 monthly and I would be happy with that. It was not that long ago COTI was sitting at a disappointing $0.10c which was what i would call the average price of COTI for the last 4 years. Even at $0.10c that would offer close to $300 monthly which is not that bad either if you compare that this only took 4 years to achieve. Multiply that by another 8 years which would place this around $1K-$1.2K monthly if everything stays equal which it won't, but this also gives a good idea of what is possible even though I would genuinely expect much more growth over the next 8 years.
The same applies to the HIVE stake which has continued to grow over the last 8 years offering around 60 HIVE daily on curation and an APR when it returns to around 3%. HIVE at $0.50c or even $1 would be great and we do not have to dream of a $5 HIVE in order to make things work.
I do think if you lower your expectations on what the future might bring then you will not put unnecessary pressure on what you do. I expect these low expectations will be surpassed and when that happens that will be great, but lowering the expectations removes the pressure of thinking they have to happen.
I do think over time your understanding of crypto changes your outlook and you know that future values can be unlocked simply by having more time in the game. Personal staking goals are not hard to achieve as long as you give a realistic time line and do not dilute your stake and let it grow organically. The compounding effect is that powerful and the ingredient for compounding to work is time which we all have. This is the total opposite thinking of get rich quick but both have the same outcome of that of being rich. This is everyone's goal being in crypto and why we are all here so rather guarantee your wealth by allowing it the time to grow even if it requires a good 10 or 15 years to achieve or possibly even longer.
The path I have set myself on which I only understood properly 4 years ago is one of steady incremental gains each day through being consistent. This ultimately will achieve what you first set out to do when you invested into crypto and that is to make a financial difference to your life. Each and everyone of us thinks differently and has different needs and expectations for what they call life changing amounts yet the wealth I see is what the stake can generate as a monthly income and not necessarily a lump sum. The number I have in my head being a comfortable monthly passive income is $10K and given enough time I do think this is realistic and why these investments are always working.
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This is a beautiful read and an eye opener for me. I also used to think that crypto is a get rich quick scheme but I realized it isn't.
To achieve financial freedom, effort is required and a real one with consistency. I know I'm going to get somewhere one day through crypto. I just have to keep building and growing until I'm able to achieve something good that would yield a comfortable amount for me.
I would love to learn about COTI if you don't mind. Thanks
Just check back on my posts and @gungunkrishu who is also staked in COTI.
Both Hive and COTI clearly reward consistency more than hype.