2022 Investment Goals - Progress report
With this account I want to show that it is possible to build an online business/investment portfolio without any fiat money invested at the start.
In 2022 I want to keep growing, using what I have learned in the past years. By setting goals I also want to prevent myself from spreading myself too thin or focusing on inferior goals.
These are my goals:
1500 Hive power. With the higher prices, this might be a challenge, but I would like to keep building my Hive power. With all things going on up here, hive has to go up.
1000 Leo power. The leofinance team are rolling out awesome updates constantly. I want to support that and take part in it.
Goal reached!
Passive investment tokens:
- 50 BRO (you just can’t go wrong with bro)
- 50 Index
- 10 Cartel
- 100 HBD in savings
- 500 SPS
Currently my holdings are:
- Hive Power: 1125
- LEO: goal reached!
- BRO: goal reached!
- Index: 73
- Cartel: 6,83
- HBD: 92
- SPS: goal reached
My Big Hairy Audacious Goal:
- Road to dolphin (5000 Hive Power): 22,50%
Growth needed to reach goal:
- Hive Power: 34,09
- Leo stake: goal reached!
- Bro: goal reached!
- Index: 2,45
- Cartel: 0,29
- HBD: 0,73
- SPS: goal reached!
I have decided to focus my portfolio a lot more than I used to. I have loads of tokens in hive-engine that are lottery tickets, sympathy tokens or just stuff that used to be popular. The biggest problem I have with those projects is that I don’t really know what’s happening.
I can’t keep up to date with the details of 25 different projects. So I decided to start converting these tokens into the tokens that I have goals for.
As a result I am now a lot closer to reaching most of my goals for this year. Only the hive goal is likely out of reach unless we get a big pump for LEO or CTP. The year isn’t over yet 😉
With risingstar I unlocked the band members, so I’m back to the better paying missions until I’ve reached level 100. The weekly income isn’t as good as it was, but it is still significant compared to the effort I have to put in.
I believe that 2022 will be the year where play-to-earn games on the blockchain really take off. Even when you only play the hive games, then still it is going to be more than a full-time job to try and benefit from all of the opportunities there are. As I don’t have that time, I instead invest in the Cartel token by @oneup-cartel. The Cartel token is both an investment token and a dividends token, although dividends won’t start the first 3-6 month’s.
I have added Index to my dividends token goals, as I see that they are set up to benefit a lot from the growth in splinterlands and the upcoming expansions to that game. As one of the biggest holders of DEC, they get loads of SPS and Vouchers. I believe this will continue to expand.
My own splinterlands investment has gone down big time, so it will take some time before that gets back to the amount I invested. Reaching $100 worth of splinterlands assets is quite difficult with prices dropping. So I decided to change this goal to 500 SPS staked in the game. I believe long term it is going to be good to have some of this governance token staked.
Meanwhile I am renting out cards using splex.gg. That way I don’t have to adjust prices to get optimal results. Instead it is their algorithm that takes care of that. I just pay daily a percentage of the profit they generate for me. Check it out for yourself at splex.gg
I am using 50% of my CTP rewards to fund my other goals. The remaining 50% will be powered up to keep increasing my CTP stake.
Now that I reached my Leo goal I will also start selling 50% of those to fund my other goals.
I am stacking HBD in savings for the 12% interest, which is a great hedge against the bear market and also a good way to take ‘profits’ when we would still see a bull run in 2022.
I believe 2022 will is a massive year for hive with all the development that is taking place, so I will continue to build my investment portfolio.
I hope sharing my goals and thoughts about them is helpful to you.
Thank you for the support guys, you make all the difference. Let’s grow together!
Nice goals, good luck!
By the way, having a CUB status (2k Leo Power) has some perks!
Posted Using LeoFinance Beta
Thanks!
I’ll have to make 2k my new goal then 😋