Holding Off For The Inevitable

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Number of companies on the Johannesburg Stock Exchange is shrinking at an alarming rate and these were big businesses now missing.

Over the next 5 years I do see more and more crypto investors having to rely on crypto more and more as a source of income. The economies around the world are struggling and there is no guarantee this will change anytime soon.

Ever since lockdowns became common place businesses have never quite been the same and this is fairly worrying. Companies that are household names are by no means through the woods as many are still in recovery mode. I know as I have quite a few as my clients and the purchase figures tell the real story with the majority down by over 60 %. As a company I would say we are also in recovery mode with everything in the balance and out of our hands. Not being able to obtain sufficient raw material is the main issue and what is jeopardising the business and holding us back. This is across the board as every single business is being restricted for some reason and creates a chain reaction.

The crypto stake is taking on more importance knowing what is happening in the real world. The longer one can leave it alone to build and grow the better the odds are of having significant stake when the prices go ballistic. The business needs to generate income in order to support my crypto growth as the time to go full on in crypto is not now and wont be for some time still. Every month that ticks by seems like a win for the online world as the real world is basically on hold until the end of this year. I don't see any improvements as there are no positive signs telling me otherwise.

The next 5 years I see as critical for anyone in crypto if you are going to make the most of being an early adopter. The early bird gets the worm and all that stuff is very true. As crypto matures the money will flow in increasing the market cap and overall value of whatever stake you have depending on what you are involved with.

Staking Hive and what other crypto you are invested in needs time to grow and generate more through compounding. There is definitely the reality of being able to earn a monthly income which the amount will depend on what stake you have. The beauty in crypto is that every day you are growing stake being added means the earning potential is only rising.

Just think how much HBD one could stake over 5 years and how much that would generate as a monthly income. 20% is huge as an APR and one would be foolish not to target that growth. I see no reason why many users on HIVE in 5 years cannot have a steady $1000 monthly return just from HBD alone. This is the growth that is realistically possible creating a passive income or part of a retirement plan.

Looking at what my revenue streams are currently earning the importance of growing the overall stake is highlighted by what is required. The only guarantee we have right now is we know the prices will rise over the next 5 years which will also increase the income one can earn monthly. Then again nothing is guaranteed in life and in crypto so one can only do the best they can.

Posted Using LeoFinance Beta



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