2023 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 2023 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.
I still want to grow my investment portfolio value, but I want my efforts for a goal to make a significant impact. I don’t want to work a year for a token or project that brings me 65% returns on $5 , because that doesn’t change my life at all.
My goals:
1500 Hive power. This is the same as last year, but that’s because I powered down some hive to invest in Splinterlands.
I am now in te process of selling these Splinterlands assets. Some of that will be used to stake some GLX for GenesisLeagueSports. I am also adding some funds to the swap.busd:swap.hbd pool through beeswap.dcity.io and also some HBD in savings.
Passive investment goals:
- 300 Index
- 1400 HBD in savings
- 4000 GLX
Holdings
- 65 BRO
- 30 LGN
- 10 CARTEL
State of my goals:
- Hive Power: 1147
- HBD: 1109
- Index: 222
- GLX: 1652
My Big Hairy Audacious Goal:
- Road to dolphin (5000 Hive Power): 22,94%
Hive
Hive and HBD are the core of the ecosystem that is being created on this blockchain and as more and more dapps, communities and technical solutions to problems are created, they will inevitably benefit.
Index
The Index token created by the @clicktrackprofit team is an Index of the hive-engine.com tokens that have the highest market cap. It is a token that flies under the radar, but it has had a nice steady growth. Sure, there are other tokens that give higher APR’s, but the @clicktrackprofit team is not going anywhere. They have a trackrecord of building a business and keeping on keeping on. They just keep building, growing and they will still be here many years to come. So for me this is a relatively cheap long term investment.
GLX
Currently there is a very high APR for staking GLX and I believe that GLX has a very high potential upside. There is certainly a risk, but I believe that the Splinterlands team has learned a lot from Splinterlands that helps them to make GenesisLeague a succes.
CARTEL
There are now a ton of play-to-earn games on hive and many more are coming. 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. The Cartel invests and plays the games for you, so that you can benefit without playing the games. I don’t think I will get more tokens at this time, but I do expect that my 10 tokens will eventually turn out to be a good investment.
BRO and LGN
BRO is another project that has a good track record and the new LGN token is another project that will be a great long term investment. Very cool to get free LGN tokens as an airdrop for holding BRO. Already there are regular dividends for holding LGN too. If I have any spare funds in the coming year than LGN is certainly a token that I will like to invest some more in.
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!