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RE: Bottom of the Bag Candy Income

in LeoFinance4 years ago

Through my almost 5 years in crypto, I have tested several services as the very first year I was willing to test everything I could in order to learn. I keep track of all my assets but several of them have gone down in price as the project did not succeed. A couple of times though I have experienced finding a nice amount of assets in a wallet I had completely forgotten about and even if it is a small amount, finding something you don't expect is a fantastic feeling.

This year I have been putting some earnings into different DeFi services to have additional income streams, it is true that sometimes as the market goes down it seems it may not be worth it, but when you experience a nice market spike, those earned tokens make the whole difference.

For example, while people scoff at the 10% yield on Hive curation, it really depends on when you bought it and how long you have kept it activated. For example, 10,000 HIVE POWER at the start of the year was around $1100 dollars worth - now it is around $14,000 worth. But in that time, the HP could have earned about another 1000 HIVE in rewards, with a value of $1400, worth 300 more than the initial investment. A few weeks ago at the ATH of HIVE, it would have been an extra $3,400 worth, 3x gain on the starting capital, even though it is only 10% of the initial tokens.

I always try to think about the value of crypto earnings a few years ahead of today's value and for those projects which succeed, the value increase of your assets makes a nice difference.

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finding something you don't expect is a fantastic feeling.

It is indeed. Sometimes, those amounts aren't so small either :)

but when you experience a nice market spike, those earned tokens make the whole difference.

And they are quietly accumulating there - out of sight and out of mind. This means that they are less "stressful" to hold in my opinion.

I always try to think about the value of crypto earnings a few years ahead of today's value and for those projects which succeed,

I am consolidating into things that I can see being here in five or ten years time still. There aren't that many!

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