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RE: How Do You Prioritize Your Investments?

in LeoFinance4 years ago

I feel your pain. Too many opportunities, too little funds. That said, I think the biggest thing is to prioritize some goals. Give yourself a HivePower goal, a LeoPower goal, a CUB goal, etc., and then make a plan to go after the most important one first.

I made a goal for HivePower and prioritized reaching it. My new goal for HP is almost completely organic. New fiat goes other places. I then made a goal for LeoPower and reached it. Again, right now the new goal is mostly organic; growing both HP and LP by earning rather than buying. My next one was CUB. Almost there on that one. But, like you, LBI came along and I aped in. UTOPIS popped onto my radar and I aped in. I wanted more SEED but I got what I could. Splinterlands came out of nowhere and is still eating up fiat as I want to buidl before the next packs come out and land gets introduced. And now STEM and PIZZA have caught my eye....

The great thing about almost all of these things on HIVE is that once you get a stake, you can keep growing it without having to throw fiat at it. That enables a person to be more flexible and possibly take advantage of some of the new opportunities that continually seem to be popping up on here.

In my opinion, the most important one is still HIVE. Get that stake first and then the rest can come after. Personally, I think that will be the one that catches on in the mainstream first and once IT starts rising, the rest will start to follow.

Just like Bitcoin sucks the rest of the market up with it when it runs, HIVE will do the same thing with these other tokens. Imagine how much buying there will be of some of these tribal tokens when 1 Hive could buy you say....4 LEO, or 20 STEM, or whatever. People will start distributing their accounts into all these other tokens and they will all rise together.

Really good write-up! I found myself constantly nodding my head in agreement with your predicament. :-) Most of us are there with you to some degree or another.

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I've never bought a single token on this platform investing fiat. All you see is from earning and I'd like to keep it that way. My HP goal is orca, but I need to work hard and it's difficult when I see these projects, but I don't mind as i know these are good investments.

I agree with you, Hive is very important will mean more and more in the future. Too bad many can't see it. @ gadrian had a very good post about The Central Role in the Hive Ecosystem. It will change the game for sure.

Really good write-up! I found myself constantly nodding my head in agreement with your predicament. :-) Most of us are there with you to some degree or another.

This was funny :) You know, I guess users on here can be divided in a few categories and one of those is made up of us, who are accumulating constantly as we see the future of the token, not the present. Cashing out every token, converting it to fiat and spending it is not what we do here. Just imagine HIVE at $5 or $10, which is very possible, along with the strong tribe tokens, like LEO, STEM and the investment tokens. I can't even imagine.

Thank you for the very nice and long comment. It's good to see dedicated people like you on here. We build the future :)

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