The Crypto Printing Press

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I must admit I have been using this Compound Calculator rather a lot these days trying to estimate what each project is worth over a longer period of time. The time frame has to be 5-10 years if not longer to fully feel the benefits on offer and appreciate what we actually have. Some variables do change obviously like APY and it is a ball park more than a definitive exact number.

Making the time count has never taken on more importance than now with the abundance of opportunities everywhere you look. The ability to earn has never been easier and everyone should be filling your boots.

I have mentioned revenue streams quite often over the last few weeks as the thinking is changing having the need for more becoming a priority. The was things are going it doesn't matter how big or small they are just set them up as they will grow over time.

Compound interest compounding your stake will grow your overall value taking care of your earnings. 6 months ago I would have been comfortable having 4 or 5 not counting Hive and now I would triple that figure expecting to have in excess of 15.

The ability to earn has never been so easy and getting involved is all it takes. Choosing what projects to get involved with and build thinking long term is not rocket science.

Leofinance has given us the vision to think bigger than we have through their DeFi projects which over time could easily give you 10 streams all earning and more importantly compounding. It doesn't matter how small you are just get involved as over time the growth will just happen.

Currently I have 3 projects outside of Hive that I have invested in and would be disappointed if those don't individually generate more than $250 monthly within the next 24 months. Compounding will do that and is so under estimated in the power it possesses. No wonder it is referred to as the 7th wonder as it is truly remarkable.

We have heard the saying abundance of wealth so many times and this is very true if you calculate where you should be within the next 5 or 6 years from now. Most of us have similar objectives of changing our financial status for the better moving away from living month to month.

If you are not involved in Leofinance DeFi or staking in other projects besides Hive there is no time like the present. All of my various streams have been created over the last 12 months and there are no regrets or looking back, just forward. Amazing what can be achieved within a 12 month period and quite exciting what the next 12 month holds now.

Posted Using LeoFinance Beta



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Your long term thinking really inspiring to say the least.

The ability to earn has never been so easy and getting involved is all it takes.

This is quite the food for thought. I think I have a topic for my article today...with your permission of course

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Get rich steadily is what an old mentor of mine used to say and he did exactly that.

Posted Using LeoFinance Beta

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Wise words as it is so true. Not only do you appreciate what you have made but haven taken the time you also understand how it was earned. Many people who make money quickly tend to also lose it quickly as it was too easy.

Posted Using LeoFinance Beta

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Defi is indeed very powerful . the passive reward is second to none. For me the cosmos network is my best when it comes to Defi.

JOSEPH.jpg

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Time will tell which ones are better long term and why you have to have multiple chains with staking involved.

Posted Using LeoFinance Beta

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When it comes to Compound interest, I always think of Einstein who said:

"Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.”

I couldn't agree more and it's why people should pay off bits of their mortgage above and beyond normal repayments if they can afford it. The sooner you can get to a point where your principle repayment is higher than interest the better

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It is exactly how we are progressing.

Compounding is the basis of Hive and all that is tied to it. This is great to witness. Those who are taken steps to involved themselves are enjoying the benefits of the compounding.

So yes if we project this out for a few years, we can see how incredible all of this can become.

Posted Using LeoFinance Beta

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I love this!

My personal strategy (I wrote about it in detail but TL;DR) is:

Cashflow generating projects -> Investment -> Compounding

This is because right now there is more opportunity than I can participate in without impacting our finances more negatively than I would like, so I create more opportunity by creating more positive cashflow :)

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Great post. What LeoFinance projects do you mean?

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Cub DeFi, Kingdoms and now PolyCub. They are only going to keep rolling out more and more and each one is generating income. Everything I have earned on these sites has come from here with no investment. There is no excuse for anyone to miss out and all it takes is learning and getting involved.

Posted Using LeoFinance Beta

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Being in LEO and cub right now is like buying ATOM at 5c.

Just look at where that eco-system is now and you'll see where i expect to be in a few years.

We're in at day one for what could be a life changing project. Good times.

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