Financial Goals 2021 : Spotting Opportunity will be key to my growth.

in LeoFinance2 months ago

#FinancialGoals2021 : Spotting Opportunity will be key to my growth

Financial goals , what does it means to me.

Depending upon individual, everyone has different perspective of the financial goal. In one hand I read @empoderat post who has objective of 1 million USD before end of 2021 and on other hand I found lot of user whom aim is to fix their lives after they hit by pandemic hard.
My objective in 2021 will remain same as in previous years, save enough for retirement. But now it is coupled with new found ambition to retire early by acquiring Financial Independence which will I ultimately like to convert to Financial freedom.

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My Current income.

So for gaining financial independence. I need to earn as much as my current job is yielding, and I Find that my active engagement in the Hive platform (Blogging, curation, playing games ) is yielding almost 25% of my earnings from my job so I need to do 4x for just to be confident to ditch my job and look like I am still far from my goals still.

My big personal, awaiting investment

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Yeah, I was looking for home since 2019 start and my search still continue .If I buy home then it means I have to take loan bit I have save house rent. I have some few fixed deposits and I might get some funding from my parents so I guess overall loan and house will not hit me hard.

Increasing my stake on already proven project.

I feel that project like LEO that already delivering is worth for me to increase my stake. Projects like CTP and LIST that also launched their roadmap are also in my list for increasing my stake.
Apart for them , I will keep very nominal stake on SPORTS (until it road map launches) and I am almost on verge to complete my NEOXAG stake.

Spotting on opportunities:

One of thing that I am going to do in 2021 is to keep my eyes and ear open and keep spotting on opportunities.

Opportunities that I spotted on 2020.

I guess, I spotted LEO when it is just 18 LEO for STEEM, unfortunately I never have liquid hive as such, I never able to buy much. I am putting my stake on CTP and LIST though they did not take of as such but I see the potential on them that they can deliver any day.
Apart from them I am going to keep buying on CTPSB.

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Eyes open for 2021 for spotting new opportunities.

I am closely following the projects like DLUX and defi opportunities it can bring ,I am also eagerly waiting for 3 speaks airdrop too. I will keep increasing my Hive power and will see if any other opportunity pop up in Hive. Currently Hivelist announced COM tokens too, this is also going to be on my watch list.

How I will increase passive income opportunities.

I guess I can consider all my Dcity income as passive one and it is currently equivalent to 1.2 Hive daily. Splinterlands also yield me 8 cents daily. My Hive power delegated to leo.voter is also yielding me close to .4 hive, I am also earning close to 10K starbits per week in rising starbits that make .5 Hive daily. My LEO curation earning is now equivalent to 10 Hive and CTP miner and curation earning is equivalent to 2 Hive. Hive curation earning is close to .1 Hive. Neoxag curation earnings come to .4 Hive.

Look like I have passive income $2 daily and I have not counted my 1500 LBI stake that will definitely make some nice increment in this passive income.

I have plan to invest/re invest this passive income and have target to make it $10 per day.

I am closely following INDEX too, some liquid Hive will be pushed in INDEX too.

How I love and fear the Hive second layer.

I love the great returns that Hive second layer is generating for us but they are too dependent upon "One man show" in my opinion. My plan to diversify in Hive second layer and not going to put all my eggs in a single Hive projects.

Road to Dolphinhood.

This is my long time goal and I am pretty sure I will able to hit dolphinhood in 2021.

Price prediction on Hive and LEO.

I am predicting $5- $15 Leo and I see more than 10x growth is fairly possible in LEO.

Hive looks tricky and it will largely depend upon how development is going on.
I have hopes on DLUX defi platform as well as I am keeping eye on @Blocktrades plans to creating a second layer system on Hive.

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I think with this new development if Hive attracted 2000 developers or just 100 new projects like Splinterlands and LEO, then this robust Blockchain can easily Witness a $10 to $50 Hive otherwise we will still languish on 10 to 50 cents Hive and keep praying it to rise.

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Very enlightening post.. you have your hands on a lot of tthings andinvestment I am confident that one will definitely spoke and will give you massive gains.. good luck on your journey this year

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Yeah, a one or two opportunity clicks, gains will be massive. Thanks for your wishes.

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you are welcome

Shared in reddit, My userid in Reddit is /user/r1s2g3

Shared in Publish0x, MyPublish0x user_id is /@Rajat-G

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I wish you the best of luck. Keep catching opportunities and in no time you build a place of comfort, where you don't need to bother about rents anymore

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Thanks for your wishes. I hope this new year will be fruitful to you also.

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Amen, thanks

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You have a nice financial strategy. loved the way you detailed it down; every aspect of the earnings that you are making here on the HIVE platform. wishing you all the luck that you accomplish your financial goals for 2021. And; yes you get your dream house as well. cheers

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Thanks for your stop by, Actually I also did not know before detailing down that my passive income is almost $2 a day and I see much scope of growth here, where I think I cannot control my active income and it is really hard to scale.

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A very precise post. All the best for your projects and investments.

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Thanks Sayee, I will keep sharing the opportunities in our Neoxian Discord too.

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Namaste🙏 @r1s2g3, Thanks for sharing informative post. Wish you all the best for your projects and investments.

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Thanks for your wishes. I hope this new year will be fruitful to you also.

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I agree, it's all about attracting more (and obviously the right) projects to Hive.
If he had 10 LeoFinances and 10 Splinterlands, we'd be talking about completely different prices right now :-)
Good luck with your goals for 2021!

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Yeah, That the reason that I do not have any fix price prediction on Hive. It can be gold mine in coming days or it can remain a sleeping giant.

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so a dolphin incoming!!! i will try to keep buying LEO too before it gets to the moon (which its something i see soon), specially because more and more utilities are being released for example its accepted as a payment method on splinterlands which its already huge! without even mention the resources that are being created inside the leo ecosystem.

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2020 gave me hope that I can do it, and I am pretty sure I will get my dolphin status in 2021.

Splinterland's is a start, Khal has very broad vision for LEO. Let see how Leo Infra and Leo microblogging add value to LEO.

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I hope you achiever your goal on the road to dolphinehood.

I learned a thing or two about diversity and not putting all egs in one basket.

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Thank for your stopby friend. Hope you will also achieve your goals too.

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Yes I'll do just that

Thank you

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Eyes open for 2021 - Good luck with your goals @r1s2g3

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Thanks agr8buzz.

I have feeling that lot of new projects will open/expand in Hive. If we able spot right ones at start ,we might be looking for some very nice returns for us.

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Good luck in making your plans, I like how you follow each of them very precisely.

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Breaking them really help me to understand what is really working for me and what need more attention. Thanks for your stop by.

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With pleasure! You are an example to follow!

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Wow! for such nice compliments.

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With pleasure!

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Wow, you make a quarter of your regular income by just using Hive?

How much (fiat money) did you invest to be able to get out that rate? o_o

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Almost none. This is more of fruit of staying in this blockchain.

But do not think this income comes from blogging only. A major portion of this incomes come from playing games in Hive blockchain (SL, CBM, (defunct Nextcolony was little profitable for me.).) trading the tokens in HE, staking them for curation rewards.

Till today from my joining this blockchain, nothing get moved out from here. Everything is staked or traded here only and keep increasing the income.

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Excellent idea to multiply the profits I will also bet on projects like CTP or LBI, thank you very much for sharing your initiatives and for these good recommendations.

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Thanks for your stopby. Staking have compounding effect in investment growth.

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