Friday Finance 12/31/2021: Farewell 2021!

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It is time again for another Finance Friday/Friday Finance. This is a series I started where I talk about random bits of financial stuff that I have seen, gathered, or experienced during the week. I hope as a reader you find it informational, entertaining, or both. I also hope it can generate some good discussion and edify the Leo community.

I am a little excited and a little sad as I write this final Friday Finance post of 2021. Despite all the extra crap that Covid threw at us, 2021 was a pretty exciting year. We saw a couple of big pumps, a couple of big dips, and a lot of interest and growth in cryptocurrency from a wide range of places.

I usually try to take notes through the week about stuff I want to talk about in this post. I have a longer than usual list today, so let me get to it.

Personal Achievements

Quite some time ago I wrote about how the end of the year is always exciting for me because it is the time that I find out what my traditional investments have earned me in capital gains and dividends.

As much as I love cryptocurrency, I believe it is important to diversify your holdings and the sooner in life you can start building a traditional portfolio, the better.

I actually think I was a bit behind the curve and didn't start investing money as soon as I should, but I am happy to say that my holdings this year gave me just about $15,000 USD in extra revenue via dividends and capital gains.

I'm not mad about that!

Rplanet Staking Changes

If you follow the RPlanet game over on WAX at all, you probably know that their in-game token Aether has been a bit broken for quite some time. They created a way for people to mine it via their NFTs, but they never really created a good method for burning it.

Thus, people were creating Aether right and left to the point that it is now worth hardly anything. What could have been a lucrative play 2 earn game has become something of a joke among early investors.

I am happy to announce they have plans to implement Staking 2.0 and this could go a long way towards locking up some of the liquid Aether that is out there. I hope it gives us some of the results we have been hoping for.

Basically, instead of just being able to stake all of your NFTs, they are only going to allow 21 projects to be stake-able. Holders can vote on the 21 projects they want to see giving out rewards by using/locking their existing Aether to vote.

Personally, I have 160m Aether which might seem like a decent vote, but compared to people I know who are sitting on 7B Aether, I don't know how much I will participate in the voting. I might just wait and see what happens with the price and then sell sell sell.

Shout-out to the LEO Team

As much as I really want to see PolyCUB released, I think it is cool that the LEO team and I think @khaleelkazi specifically made the decision not to release something like that during the holidays.

The Million On Mars project didn't make the same decision and they had a sale on Christmas Eve and Christmas Day that I wasn't able to participate in due to family obligations. I know several other people who had the same issue.

I brought it up (not the most tactfully) in their Discord and was lambasted with people telling me things like not everyone is a Christian (blah blah blah). While I understand that, it should be noted that non Christians also celebrate Christmas even though it has been largely co-opted as a Christian holiday.

I just really appreciate the team understanding that people of all countries and religions have their attentions divided this time of year and it might not be the best time for a major project launch.

Where You At?

Finally, I just want to say I hope that everyone has a healthy and prosperous year in 2022. It is funny, but even though I don't know some of the people here in real life, I still get concerned when I don't hear from them in a while. Do you tend to feel like that too?

That being said, @bdmillergallery I hope everything is well and you are enjoying some time off for the holidays. Same for you @bigtom13!


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Posted Using LeoFinance Beta



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14 comments
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Interesting year almost done and dusted, crypto has been more up than down by what I have reflected over the year. Slow growth into a market beginning to understand, or taking the time to learn, excluding big corp.

Gaming I don't do, no comment.

Missing people on Hive that were firmly entrenched, yes I miss quite a few and often wonder when they will return, hopefully soon.

May 2022 be another bumper year for you and the family @bozz been quiet but relatively interesting times to live through.

@tipu curate 2

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Thanks, I wish equal joy and prosperity to you too! I am hoping 2022 makes a lot of us very very happy in a multitude of ways!

Posted Using LeoFinance Beta

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Lot of change needed, all about attitude to stabilize, equalize and monetize, happy new year we can make the most of whatever comes our way.

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I don't track all my crypto assets, but I think I'm doing okay from the Hive ecosystem. I expect you have done pretty well. Not everything will work out, but some diversity increases your chances. I hope 2022 is great for you and for Hive.

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Thanks! I hope it is great for all of us. I am doing okay relatively speaking.

Posted Using LeoFinance Beta

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The Rplanet changes are going to help them but I gave up on it a while back. I will take what I can get passively and I don't even remember the names of the games I was playing for NFTs.

As for the holiday release, I think it's a bad time to do so. An airdrop would probably be fine but it just means there is going to be less people involved.

Posted Using LeoFinance Beta

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I haven't really been doing much with RPlanet either. I have some lands and I created some robots, but I don't have any thing else I am doing over there. I haven't created any elements in quite a while. I still have a decent number of RPlanet mining rigs so I should still be okay.

I agree about the holiday thing. Looks like there was another sale today, but pretty short notice so I missed it.

Posted Using LeoFinance Beta

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I'm alive! lol. Thank you for thinking of me and having concern. All is well. Still dealing with post covid stuff, winter depression fueled by back issues, and plain old just needing time to relax. Also I needed to get a bunch of business related tasks done.. end of the year stuff. fun fun.

I'll be trying to get a few posts out again soon, as well as playing catch up on everyone's blog posts. I am sure I missed a few things. Hope your Christmas and new year was awesome!

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Glad you are doing okay! Isn't it funny how we get used to hearing from each other and get a bit nervous when we don't for a while...

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It is. The friendships are real 😊 I have a feeling that if we were ever to meet up, it would be like we were friends from forever. I have bonded with so many and have enjoyed getting to know everyone. At least all of those not hiding behind a fake account.. lol. I appreciate the concern though. 😁

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