PUTTING MY MONEY WHERE MY MOUTH IS…

avatar
(Edited)


8b49635787e1c9c3196fe6bfcfa24311c4ba1a07892dd82c618143882b61569b.0.png

I do happen to be good with predictions--not from a technical standpoint (edicted that part covered) but based on two fundamental principles:

  • Development.
  • Community development.

Those are the two things I look out for whenever I want to invest in any coin. Hype is another good indicator but it is quite a gamble. For instance, when I got news of the hivepunk I knew there was going to be hyped up.

Fortunately this time, I put my money where my mouth was. It wasn't much of a major purchase, because I did not have that much liquidity, which is my fault (no cap). Nevertheless, I am still in green based on my purchase. Wish I had gotten more.

What are the possible ways you are screwing your life?

In the past, I would make calls like this but end up fumbling my bags. Not trying to be hard on myself, but I have one of the weakest hands and I have paid dearly for it. One of the biggest letdowns is seeing something I predicted 6-12months before coming into fruition and I did not prepare for it. That has to change.

First, I have identified my strengths and weaknesses and circumstances in my life that might hinder my long-term plans. Secondly, I force myself into patterns that become habitual which I can sustain over the long run.

Thirdly, I realized that I am keener to stick with my plan when I have a visual representation of long-term goals and communicate this to my partner for accountability purposes. Also, I am most likely going to stick to my plan if it's on a micro-scale.

For instance, it is easier for me to conceptualize writing every day than producing 365 articles a year. By winning on the micro-level I get my dopamine and serotonin shots daily which is enough to keep me motivated long enough to develop a routine.

What am I aiming for?

I mentioned two major investment indicators earlier. Based on my observation, I am placing my bet on second-layer tokens (like Leo and POB) and I am giving myself a 5-year time frame to see my prediction come into fruition.

Also, I know gaming on hive will grow exponentially within the next 5 years. Unfortunately, I am not so interested in gaming and NFTs. I have tried but I just can't find myself playing games, so I am willing to lose out here.

I am stating this so I don't feel any sort of regret when things start to move in the direction I expect in the coming years. I cannot win on all fronts and I have to learn to live with that simple fact.

In conclusion, these past few months have been a huge opportunity to improve on my weakness and think strategically about my future. Might t be so obvious but I am making baby steps and to be frank, I am proud of myself.

Posted Using LeoFinance Beta



0
0
0.000
10 comments
avatar

I'm the same @nonsowrites. Made a load of mistakes. I know not many people will tell you this but I think everyone did. I sold all my gold foil monsters at high levels for example. What's for us won't pass us by.

Posted using LeoFinance Mobile

0
0
0.000
avatar

I'm the same @nonsowrites. Made a load of mistakes. I know not many people will tell you this but I think everyone did. I sold all my gold foil monsters at high levels for example.

It sucks really. Esp the splinterland part. I was calling it for over a year only sell off at the end. Well lesson learnt I guess.

What's for us won't pass us by

Word!

Posted using LeoFinance Mobile

0
0
0.000
avatar

I don't know how weak your hands are, but I don't think anyone has weaker hands than me. Since I started crypto a couple months ago, I always sell too early, I never made any major profit, and in the end I lost it. I had to stop for a while. But now that I started hive I've dipped my hands into crypto once more,this time for the long term.

Blockchain gaming is also something I'm looking to learn, but at the moment it just feels like I have too much things going on.

0
0
0.000
avatar

Men! This crypto thing can move sideways sometimes. It takes a lot of patience and luck which is not the easiest combination to come by but we keep moving and learning.

Blockchain gaming is also something I'm looking to learn, but at the moment it just feels like I have too much things going on

Same here mate. I can pass the insane money and focus on the things I genuinely care about

Posted using LeoFinance Mobile

0
0
0.000
avatar

Men! This crypto thing can move sideways sometimes. It takes a lot of patience and luck which is not the easiest combination to come by but we keep moving and learning.

Yup, just keep moving

Same here mate. I can pass the insane money and focus on the things I genuinely care about

Yeah. I'm actually looking to venture into it once Im able to finish some things

0
0
0.000
avatar

I feel the same way about several of the second-layer tokens. It seems that number slowly grows as I learn more about the tokens and their use cases. In time, I don't think I'll have to leave the Hive blockchain for most, if not all, of my crypto needs.

Or maybe it's just wishful thinking.

0
0
0.000
avatar

If you are not interested in gaming there is the passive income opportunity to rent splinterlands cards. I think that is a great option.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Where is the fun if all we do is win..

We win some, we loose some and we learn,
But its good you re practically doing the best you can and putting in good strategies too.
Well done Chief..
Thanks for all you do.

0
0
0.000
avatar

Interesting how I can hear your voice as I’m reading this post.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Oshey brotherly. I think every writer wants to achieve this feat--aligning their active and passive voice

0
0
0.000