Financial Goals 2021: Beyond Crypto Puberty, Moving Into Cruise Mode
Yup, 2020 was an eventful year in many ways, both in the outside world and internally, in my own experience. 2020 felt like an ebbing tide with many certainties receding into the distance and being replaced with big fat question marks. A virus of FEAR seems to have swept through humanity. On a personal note, I almost lost control of my Hive account and I very foolishly got scammed outa all my BTC.
But 2021 looms large, an open space in which much that is new will be created; a battleground between forces of centralised control and the impulse to break free of imposed restrictions to freedom. Decentralisation is and will be the name of the game IMO.
For me, 2021 will also be the year I move on from the apprentice stage of being naive and uninformed; the end of crypto puberty where I allowed other people to think for me. It will be the year of taking mantras like "Not Your Keys, Not Your Crypto" seriously; of understanding why I do things; of action rather than theory alone.
Yes, 2021 will be the year of the Bull and the side-lining of Bullshit and wishful thinking!
2021 Investment Strategy & Preferred Assets
Frankly, I'm probably invested as far as I can be - in terms of new inflow, for I do not have fiat or physical assets that can be traded for crypto. I do however have Hive, Leo and various other HE tokens, as well as 400 Rune. Additionally, I have my own creativity which can be expressed on the blockchain and effectively converted into more tokens. I am not a maximalist and do not push as far as I can or for as much as I can. I prefer instead to go with the flow of what I feel like doing without a sense of obligation.
This is good enough for me and I will continue to post and engage in this space, observing, partaking and revelling in the growth that I foresee over the coming months. Apart from the simple approach of blogging and earning crypto, I intend to use the Rune I have to offset the 0.2 BTC I lost in the scam mentioned above, trading some of it back and forth in attempt to grow it. This kind of trading I have never really done and it'll be interesting to see what waves I can ride.
Plan On How To Use & Grow Stake
I wanna be free and independent, able to do whatever the fuck I want!
The beauty is, my life is simple and I don't require much. What I'd like will be readily achievable with even a fraction of the growth I anticipate in 2021 (see following section on price prediction).
Here's what I anticipate for myself in 2021:
- hodling a base layer of stake that isn't touched - 10k Hive and 3k LEO. This remains powered up and used to curate and support growth
- a modest income stream from blogging (@barge for Hive and @krunkypuram for LEO) which, given the predicted price boom, will - sooner or later in 2021, net me the current equivalent of about $500 per month. This sum will be enough for me and my dog, Flame, to live an independent life
- the ability to pay off personal debt accrued over the past year of stubbornly refusing and simply being unable to exchange my time and energy for money-making activities that do not resonate with me. No more wage-slavery!
- the ability to work towards having my own place. This could be a simple dwelling place taken on rent in some remote, rural area or it could be getting hold of a vehicle that I convert into a home for Flame and me. Either way, I will have options that I currently do not have
- in case of a boom that exceeds expectations and the abundance that will follow, I would be delighted to be in a position to assist those in need. I suspect that there will be many such in the next wee while.
Hive & LEO Price Prediction For 2021
- HIVE: will surpass its ATH of March 2018 in Fiat value but will continue to bob up and down around the 1000 - 2000 Sat mark due to Bitcoin's growth. I'm saying Hive will pass $10 although that may not be as great as it looks if the dollar itself starts losing value and Hive doesn't move up that much relative to BTC. Hive may initially lag behind other alts, but 2021 will be the year that this blockchain of ours finally begins to get the recognition it deserves
- LEO: this baby will surpass anything most folk invested in it could possibly imagine (apart from Khal lol). To put a figure on it, well, the LEO token will touch $40-50 at some point in the year. LEO will also trade well against ETH and BTC and this may be the best route for me to obtain some of these tokens without having to use fiat. Where it goes from here is unknown as yet but the LEO token growth will itself trigger growth on Hive and this will be the start of a longer-term cycle of symbiotic growth for the ecosystem as a whole.
Conclusion
I am optimistic!
We are at a stage never before seen in this space - and we're the early adopters! We're at the scene of launch, with the moon-rocket just beginning to fire up its engines. BTC is purring and alts will follow soon, including LEO. The aftershocks of 2020 will continue to reverberate but the Control System - the global push for centralisation - which was so rampant in 2020, will lose the upper hand, seeding momentum to to forces of decentralisation as humanity realises that CHOICE is available and grabs hodl of it with both hands :).
The long, often painful wait is almost over folks. This feels gooooooooood!
Thanks for reading 🙏 Barge (@krunkypuram)
Note: This post is part of @theycallmedan's initiative.
Previous LeoFinance-themed artwork by me for anyone to use:
Posted Using LeoFinance Beta
