Crypto Goals - Is Change the Only Constant...?
For me, it certainly seems that way. I made a comment in a recent @lbi-token post that was discussing holding some liquid LEO.
Never a dull moment in the crypto world. :)
Image by Nick115 from Pixabay
A Review of 2021 Goals
Up to this point, my only goal concerning LEO was staking it for the coming airdrops and now this post was suggesting something different. That got me to thinking about a post I wrote back in January about Financial Goals for 2021 and what had changed for me since then. My plan as I explained it was essentially to "Earn and Learn" as navigating the crypto verse is a very new endeavor to me. I stated in that post:
I don't really see myself setting a long term plan or set of goals for this year.
My fairly ambigious goals for what I knew back then were:
To start 2021 I will probably keep on the LEO/LBI path for a month or so and see where things are going. I will probably keep adding small amounts of BTC and ETH throughout the year hoping for the moon one day on those. Of course I will continue earning, curating and staking Hive/LEO. Plus I also have several other small stakes in coins that I will continue to keep an eye on.
I read this now a short two months later and almost laugh at myself. :) Each day as I read more on Leo Finance my knowledge grows and I start to realize there is so much more. There were some projects I had no idea existed. Some didn't exist yet but were nearing completion. Some were just coming into their own. One thing that seems to be constant in this ecosystem is innovation and change. Will there be a leveling off of the exponential climb in this environment? Maybe at some point but I couldn't hazard to guess when.
An Update of Goals
I have been lucky to have some retirement benefits kick in that have allowed me the opportunity to invest some more fiat. I have upped my Hive stake to just short of Dolphin hood. My staked Leo is almost 2k. I have grown my investment in Index, Dhedge, EDS, CTP. Hashkings is a new game I have made a small investment in. I started using noise.cash and BCH as well as some small investments in other off platform tokens. I am sure there is probably something else I am forgetting right now. :)
So when I made the "Never a dull moment" comment I started to realize that change has been a constant for me the last couple months. I think I have a path forward, a plan, or a goal and some project comes along that might completely send me off in a different direction. Just this morning I acquired 200 liquid LEO for whatever special project Leo Finance might be unveiling this week. Maybe at some point I will nail down some hard goals but for now it's a wild ride and I am loving it. :)
No financial advice was given and for a lot of people I understand having set goals and numbers are a must. This piece is not about trying to dissuade people from setting hard financial goals. Right now, it just doesn't seem to work for me in the ever changing world of crypto.
Thanks for reading and have a great day!
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https://twitter.com/oldmans13/status/1365777415809679364
I wrote that in the comments to that post. Just when I finally think I have everything where I want, something new comes along. It really is crazy how fast this whole ecosystem is growing and changing. Hopefully things will settle into a nice strong growth trend for a while. I'm not holding my breath.... :-)
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lol. I read your comment just now. That's exactly what I was thinking. When I think everything is where I want it I find out I need more of something that I don't have at the moment. It is a little stressful but I am enjoying it!
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Goals need to be updated with the evolving of different crypto projects. For example I intent to look over new crypto projects that are yet to be expanded into bigger exchanges and be an early adopter. Probably I need to do quite a digging and DYOR on those, but if I select good the payouts should be big.
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Yeah, right now I am in mostly a read and react mode which leaves me quite scattered sometimes. Your example is something I probably need to look into doing. Might also give me some future writing material for Leo Finance. :)
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Yeah there is no dull moment , All is very exciting alone in Hive , I have no idea what happening outside.
When first hive pump happened I become 100K DEC richer (https://peakd.com/hive-167922/@r1s2g3/with-this-hive-pump-i-just-got-100k-or-1-million-dec-richer)
But in current pump I added another 200K on top of it. Watching the market and knowledge is the key for success.
If I say I got 300K DEC in a month, it is really $150 and really nice profit.
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That's impressive, congratulations! I am hoping to find my way to something that will give me a nice monthly passive income. Not sure what it is yet but finding it seems to be half the fun. :)
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Ahh! your powerup stake is one of the passive income generator , I am building my stake on tribes that look promising so that I can get nice passive income from curation if in case I am not active here. (Auto votes/ following trail LEO/SPORTS/STEM don't hurt your curation as it hurt in Hive.)
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same with me, my goals changed a bit, not drastically but i have some different token priorities now!
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The token priorities definitely do change. The earn and learn part of the goal seems to remain the same though.
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