Road marker rather then financial goal for 2021
For this year I am staying the course I set upon in 2018.
## Stacking Sats and other crypto.
Crypto start
But for this year I do not have a goal, it is more like a road marker. A goal implies something finished and for me, the financial growth is not done yet especially since I believe that the Bull will still be running in the streets after 2021 has come and gone.
My crypto history
1 bull run
In 2017 I started on Steem/Hive and started collecting some crypto before the big ICO fuelled bull run. I was new and inexperience and did not make a big profit. I also did not really buy much on the way up as I held on to my bags with first-timer FOMO.
So for me, that experience was a big learning opportunity but not a big financial gain or loss.
1 bear market
I rode the markets down and did not sell in FUD
In 2018 I started buying BTC every month as a kind of retirement portfolio and I am still doing the same now.
Just before the stock market dip at the end of 2019, I sold all my stocks and I am not too fussed that I did. I had a few good years and made a handsome profit.
2nd Bull market
Fast forward to the present day. 02.01.2021
My intention for this bull run is a bit different. I want to take a bit of profit along the way and will sell on the way up at certain pre-set prices.
- If we get a dip lower then those thresholds I will buy back in and then sell back at the same preset level.
- If we do not dip lower I will have some stable coins that will go into a lending account to earn 10% interest
That way when we reach the top (where ever that might end up being) I will have collected some dry powder. That powder can be used for 2 different things:
- buying back during the next bear market
- take advantage of short term opportunities
- buy into high-risk new projects
- just sit there happily earning interest
The Plan
- At the beginning of the year, Hive/Steem was still one of my bigger holdings. My Leo holdings are not shown on the chart as I could not find them on cryptocompare.
This has now changed and has taken a smaller share in value. But it has taken a smaller share in time and in the end time is the most precious commodity we have. I am spending a lot of time here reading, writing and commenting.
- The reason CEL is so big is that it has done about 80x for me and I have been earning in CEL since the beginning. I have already sold a little bit into BTC and might do some more.
- I like RFOX and what they are doing. My investment there has also done a 50x but I expect another 10 - 20X in the upcoming year. I might rebalance a bit but I am holding on to most of that one as a high-risk asset.
The Dream
All this is with a long term goal of being able to save up enough to buy a property big enough to set up a Yoga - Meditation retreat for my wife and myself (probably somewhere in the south of France or Portugal) The retreat should have a big enough piece of land to go (semi-) off-grid and have a food forest.
This is currently a dream but crypto might make this real and if not in 21 then a bit later.
As stated earlier,
2021 is a road marker and not a goal post.
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