Playing Smart Everyone In Crypto Should Be Seriously Wealthy Within 10 Years

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What we are all doing now is creating wealth not only for ourselves but for future generations to enjoy. There is no need to touch the investments and earning monthly payouts is where the wealth truly is. When I hear Lambo I cringe as why would anyone waste on extravagances when this is only getting started. Reinvest and earn more not for yourselves but for your kids and their kids and those after that. This is such an opportunity being so early 95% of the planet has no clue what is happening. Take advantage of what has been handed to you and make it count.

I truly believe that crypto is going to change millions of lives for the better by generating wealth never seen before. Selling crypto for Fiat is not in my DNA as that is going against everything crypto stands for. Why would that even be a consideration knowing that this is only just warming up and hasn't really started yet.

I think true wealth will be judged against the income your investments generate and why selling crypto makes no sense. For instance if you have a target of earning $5000 per month in order to achieve that you need to let your crypto work for you. That is the smart way of achieving your financial goals. look around there are wealth generating opportunities everywhere and it is a matter of selecting a few different ones. CUB at under 40c is a steal as it was $14 not that long ago which is kind of exciting and scary at the same time.

Someone who trades to gain their wealth is running the risk every time they buy and sell where as staking you are just accumulating slowly over time. I have thought about this a lot as the aim is to one day sit back and let my investments pay for everything and in order to achieve that work needs to be done.

If your target is $5000 and you are making only $500 now that is 10 x that needs to be found somewhere. Price action can definitely help as we are still early but that doesn't mean you are done. What it means is that more staking needs to happen and reinvesting any revenue streams that are coming in.

Many of the projects we stake in around crypto are using compounding which is the best form of growth. Luckily everyone on Hive is aware of this special type of growth as nothing comes close to matching it. For compounding to take effect the one thing it needs is time and diluting it taking the rewards out is not going to help you find that financial freedom. Resist that urge and accumulate until that urge disappears as it will once you see how much is being generated.

I did a test on the compounding calculator to give everyone some idea of how special compounding really is and why kingdoms is a special place to invest. The first example is only a $100 invested with $10 a month with the current CUB APR of 75.5%. The time period selected is 10 years as what is the point putting in 2 or 3 years as this needs time to grow and work for you.

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How fantastic is that the original $100 with only $10 per moth being thrown in is now worth just on $75 000. Yes the APR can change but this is just an example which an idiot couldn't even mess this investment up. The only difference is Kingdoms auto loads your APR regularly daily so this example is wrong even though it is still an excellent return. below is the rea one showing the same figures but with daily compounding and it will blow you away.

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Much bigger returns and over 6 x in fact which is huge. This is what DeFi has bought to the table and why so many are excited about the prospects of staying invested. The investment over 120 months is actually generating $4500 per month from a lousy $100 with a$10 top up each month. The only drawback is you just can't touch it and if you kept it going longer that line just keeps going up and up.

Patience is needed and there is no reason why everyone on Hive or Leofinance cannot be part of the financially free within the next 10 years. 10 years is nothing considering I have been on Hive for just under 4 years which would in theory say I was nearly half way ,but no like many of everyone here I only got involved in DeFi this year.

All of the revenue streams we are all generating these days will all pay off at some point as we tend to forget that many of the projects still haven't reached their full potential price wise so whatever is being generated could easily 10 x from here or in some cases much more. I was never keen to spend any of my crypto but my mind has started to change and warming to the fact that enjoying the fruits of our labor will actually make us work harder.

$5000 is nothing by the way as a target for a monthly income as we should all be thinking much higher especially as we are so early in the game. I know many would most likely settle for that figure now, but in reality you are selling yourself short.

Posted Using LeoFinance ^Beta