In Or Out? Which Way?
Ever since I got into CUB DeFi, I'm trying to learn as much as I can because so far it's the most interesting project on our this blockchain. Blogging is nice and I have been enjoying it for the part 3 years but I feel like I need to diversify my activity and my portfolio as well.
We're all here to achieve financial freedom, while enjoying the ride. Up until this year I haven't thought about my wallet as wealth and it has been the best strategy.
However, I see CUB DeFi as a way to invest, a platform where my money can work for me and not the other way around. Things are starting to take shape, my wallet on Hive is looking good, so is my LEO and CUB DeFi balance and this year for the first time in the three years I'm on the platform, I'm starting to take this money seriously. I see it as my future.
Image by Gerd Altmann from Pixabay
LeoFinance has changed a lot in my strategy and with the new additions they are working on, the offer will be more and more diversified and attractive. We have the chance to invest our funds in order to make a profit. This used to be banks job, but lately these institutions are penalizing, instead of paying you for trusting them with your funds.
Now we're our own bankers and how we do things define our future. It is a huge responsibility, especially if you're responsible for a bigger sum, but it is just as big of a responsibility if you have little and your every day life depends on how you handle it.
Fortunately I'm neither, my stake is still not huge and can live without touching it. Nonetheless, I'm taking my activity here very seriously.
This is why instead of cashing out a part of my stake, I'm looking for ways to put in more. The offer is too good not to take advantage of it. I feel like this is the time to invest in order to profit later. It would be nice to have a bag of cash, waiting to be invested, but there isn't. Sacrificing my Hive is out of the question, that would be a very stupid thing to do, so I need to make smart choices to make ends meet and have spare funds to invest.
I'm not the spending type anyway, having some savings for rainy days has always been more important to me than having the latest gadget or set of clothes that are trendy for one season, after that you're back to square one as something new is released. There's nothing wrong with being frugal.
Crypto and decentralized finance in general is teaching us to save. Hodling is saving, no matter how hard it may be for some. I'd like to believe the opportunity of cashing out more than you invested have been changing people's mind about how to handle personal finances.
I"m not the only one with this mindset. Look at the value locked in CUB DeFi, that is growing every day and the upward trend will continue in the future.
The pension system is broken in many countries and there's no hope for things to change in good in the near future. This is our occasion to work hard now and enjoy the benefits later.
Posted Using LeoFinance Beta
