How Much Will All This Be Worth?
Crypto Bags Growing at $1500 Monthly
After being involved more than 6 years in crypto and my bags growing at a consistent $1500 monthly it is hard to avoid the thoughts of how much will all this be worth next year? WE know the bull cycle peak will reveal huge amounts of wealth that has been hidden for years on end. How many people can afford to invest $1500 monthly in crypto and this is the difference of being in crypto and those who are not. If you don't take your crypto earnings seriously then you are wasting your time and do not understand what is coming.
Last time around the peaks revealed around $250K as a dollar value which kind of caught me unawares and pleasantly surprised. There is a big difference from then and now and that is the sizes of the various stakes I have in multiple crypto's all growing daily earning more and more through the compounding effect. The more than 6 years of having been staking in crypto is now paying off especially as not 1 crypto token has ever been sold for FIAT. That I think is the key to the growth because it has remained stable earning more and more daily and as we all know consistency is the key to earning more.
What excites me more than anything else is the current dollar value being generated monthly of $1500 will reflect a good 10 x next year so in real value $15K monthly growth. These are serious numbers and why the bear market is so important for creating wealth. Multiply that number over 36 months and suddenly you are contemplating a million which is indeed possible.
My original goal was to unlock $1 million within 2 complete cycles which is 8 years and I do think the 1 stake alone that I have will do that on its own next year. Again how much it is hard to predict and why just to keep growing and accumulating is so important.
Keep Pushing
The important strategy right now is to continue to push and grow your bags as quickly as possible maximizing every opportunity. Don't settle thinking you have enough because you can never have too much. The next 15 or 21 months depending on how much time we have is going to be crucial on how well you do financially. Slowing down now thinking you have enough would be a big mistake.
Next week I have the start of the new COTI airdrop which could add an extra 20% to the stake and why tonight I will be adding more. At this time no one is quite sure what the size of the airdrop will be or what it will be worth but it could be worth over $100K in my case when we see the new ATH's next year. This is something you can never plan for and is an unexpected boost that is most welcome.
Time
I have always believed that 8 years or two crypto cycles is all you need to break the $1 million target barrier and I do think in my case I will easily achieve this and now is to see how much I can beat this target by. I am under no illusion of how much work is still left and this time is the crucial time to keep things going. Time is your friend because we still have many months thankfully to add to our daily increasing bag sizes.
Posted Using InLeo Alpha
That is an interesting read, especially because I find myself in a very comparable position. Interesting times ahead!
Then you are in a good position and need to make sure you make the most of this time.
I am doing what I can to push but unfortunately I will have to stomach some setback up ahead as my regular finances are being squeezed by the world and it is really pushing me below the line of being able to afford the basics even though I hold a senior position in the company.
I will have to do what I can to survive.
If you could get some staked holdings of crypto outside of Hive then it would give you a buffer zone. I started only 2 years ago doing this and already just one of those stakes is worth more than 70% of my Hive stake and guess it will surpass it soon enough. I think this is something you need to look at for the next cycle because then you wont feel so bad about touching your Hive.
The issue I need to fix is that my salary does not cover my expenses and that blogging on hive is plugging the gaps.
Yeah that is a problem that is costing you far more than you think. If you could save your Hive which then helps you get into other crypto because my portfolio is all from 0 investment. Even having 5K hive annually staked could be worth nearly R1 million every 4 years and how I see this.
Indeed. I shall do what I can to get there. It might just take me longer than expected while I provide for all the kids...
You have given us a good point that it is a fact that no one can invest 1500 dollars but it is also a fact that when the market takes a downtrend then the price of our violet goes down so much that people get worried and sad. I sell all their crypto in the market. Yes, if they try your strategy, they can earn so much money every month.