How much Money is your Crypto Earnings Goal?
I am quite curious to learn about your long-term goals around cryptos. Some people think of cryptos as something short-term and it's completely fine to tell you the truth as there are bills to pay and everyday needs. Some other people though, think of crypto as something long-term either to accumulate a certain amount and use it for something bigger like buying a house, a car, paying your loan etc etc.
Some others may want to earn a passive income for crypto if that's possible long-term and others may want to earn an amount that they could basically retire for the rest of their lives. If it's something entirely else let me know in the comments.
Also, depending on the country someone lives in the needs change completely. An amount that i need in Greece maybe huge for someone in Africa but peanuts for someone in America or France, Norway, Germany etc etc. I will tell you though my goals and you can share yours, see a sharing economy :p
So here in Greece in general to live comfortably i would say that i would need around 1500-2000 euros net per month. I repeat to live comfortably and not say that today i won't eat meat, this year i will not go for vacations to another place but my village and such. Thus, to put it simply i would either need to earn half a million or a million from crypto to basically retire which i highly doubt.
A very good scenario that through hard work and consistency can be achieved is to gather around 50k-100k in crypto and then cash out. I am not even close to that amount but who knows what might happen in 10-20 years for now if crypto still exists. With an amount like that my life won't change but it would be like a fund or something in case i need to do surgery or in general a health fund if you wish.
In general though, i hope that Hive and Leo to exist in 10-20 years, the price of the corresponding tokens to be higher than now and ofc more people to realise what a hidden paradise we have!
What are your long-term goals?
Posted Using InLeo Alpha
Posted Using InLeo Alpha
That is my short-term goal (to accomplish in a year or two)... I mean, to have a monthly income from my "crypto ventures" like that... Hive earnings, different H-E investments, LP rewards on different blockchains, staking different tokens, etc.
As a long-term goal (10-20 years), I would like to still own crypto, but also, that I have also taken some profits and diversified my portfolio in offline assets...
hope you achieve it and also hope for the hbd APR to continue :P and in general, Hive to exist and claim the a better ranking position!
hey man it's been awhile
Heyyyy, indeed a couple of years :P
Are you good? how is life?
yes things are going well. and hive is starting be interesting again
I don't have a cap for these kinds of goals, each year crypto keeps changing and so as other opportunities on traditional investment vehicles. The plain goal I just have with crypto is having some stack to grow with and convert fiat and vice versa just enough to live comfortable.
let's hope all the changes that will eventually come will benefit us :p