Getting my priorities in order.
My first priority is to my family.
My second priority is to my own lifestyle.
Both of which can be helped by being successful on Hive.
You can almost smell the bull market heating up as more and more shitcoins are pumping for no reason.
I don't care about these. you could be lucky and hit one of the big ones or you could waste away your stack trying to catch one.
Fair play to the lucky or smart ones who can catch a big token early. There are some like $rune in the last bull run that was heavily shilled here but for good reason. For it's use case rather than speculation.
There is always time to expand the portfolio into good prospects like that but no meme coins for me.
There is too much to be gained from playing it smart.
- Spend the bear market stacking tokens.
- When the bull arrives dollar cost out.
- Stack $HBD.
- Wait for the next pull back.
Compound interest is the key here and one that is often talked about. I made mistakes in the last bull run by not taking enough profit into stable coins. I thought that there was more to be made on hive and especially in splinterlands. Unfortunately i was wrong and lost a lot of value when the markets fell.
Lessons learned. Probably.
Dollar cost into a few good projects.
Wait for tokens to break out.
Sell half and change to $HBD.
Stack 100K in the vault and watch it grow.
After just four years assuming 20% APR it becomes a living wage. Or hold it for 10 years and it's a retirement fund.
Hit another bear market along the way and become a hive whale.
Priorities.
Every comment counts.
Every vote counts.
Every token counts.
Every step counts.
I want to be sitting at my laptop in ten year raining down $100 votes on new content creators. Sitting comfortably on $500K HBD and working a couple of days a week to keep fit.
A comfortably lifestyle built around my family.
Priority no1.
Who knows if I can get there or not but the only way to succeed is to get started.
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It’s so damn hard to learn from mistakes. Humans repeat their mistakes again and again. Usually.
I know that a lot of people here don’t think that 20% on #hbd is sustainable, but I think they’re wrong. Given a strong bull run, and a higher price for HIVE, why not?
That is only 30K Hive at the last ATH so it is very doable and not pie in the sky. Even if the APR drops to 12% the numbers are still big. The trick I believe is to have 3 or 4 projects all compounding earning a monthly income.
I think it is the dream of many, our lifestyle is also defined by our family in some way, I particularly prefer to be at home sharing with my wife and children than spending hours working for someone, at the moment that is not possible but I see it as a long term goal. I have a similar plan for this bull to exchange some liquid Hive for HBD and wait for round two 🤑✌🏻
Hmmmm. Wow I am blown away how you have already started planning for 10 years to come and it is interesting how you plan it out. I believe it will work out well and it is just a matter of time. The right time now is to keep stacking and stacking
What other way to live a comfortable lifestyle than something like this you have mentioned in your post. When one starts now and keep stacking, they are getting ready for the bull run while investing for their retirement future. Hive is able to give the life you want if you start the journey now.
You, me, and many others who don't want to admit it... 😃
As it is obvious that we have cycles, even if we stay all in our (HIVE) ecosystem, swapping from HIVE to HBD and vice versa in the bull and bear market accordingly, could make a huge difference... From the outside, HIVE looks like a boring token that moves slowly, but it could be a powerful "tool" for growing!
I have a similar plan. I buy HBD every month and stake it plus keep the interest in the vault for faster growth. I try to deposit what I can NOW as compounding benefits the early moves. I laid out some goals and hope the APR stay high enough but 10 years is long time and shit happens.
This is a great road map for attaining the life changing money. And all it’s going to take is patience. I would want to see myself giving a dollar or ten dollar vote to others someday too while sitting comfortable behind my laptop or phone. We’ll see how the bull market turns out.
I just started buying Rune recently to diversify my portfolio into great tokens. I don’t see myself buying into meme but throwing a little into them too can be a decision I might make in the future if I see an open opportunity for profit.
So much of lesson to learn from this and I guess in 2024, I will be ordering my priorities much more right than before. It is actually necessary