Past, Present and Future

image.png

Crypto assets aren't exactly looking strong right now, so my entire crypto income has taken a major hit. In fact, my only saving grace is the private gigs that I do for clients where I get paid in stable coins.

As a sidebar, I'd like to add that I'm available to write blogs for your blogs and website at an affordable rate. I'm very versatile, so I can handle a variety of topics including crypto, sports, lifestyle and all that. You won't be disappointed.

Okay, so the tokens that I'm invested in are all generally going through a rough-ish period. Assets like SPS and DEC are touching lows, while even Cub and Polycub aren't exactly hitting the spotlight.

I'm not panicking though, because I know what I signed up for. I always knew living off crypto would turn out to be like this and I'm ready for it.

When the bad times persist, it is quite easy to forget everything else. Climbing has always been harder than dropping, so when everything is down, you start to wonder when, and how the climb will happen.

Looking at the state of the market as it is, I tend to worry about the safety of my resources. Worrying is completely different from losing faith by the way. Worrying is just a natural reaction to adverse conditions.

On the flipside

In any case, what goes down will eventually go up. This is particularly so for crypto assets that are from solid projects with a proper work ethic.

There are no assurances in this space, but being part of a project focused on building is definitely going to work in your favour in the long run.

This is why my crypto investment pattern is to focus on sustainable projects that offer regular dividends. That's kind of how it is for people that buy shares of companies in the outside world.

At this moment, I earn from a couple of these investments that are paying me different tokens every day. Sometimes I imagine a scenario where all these assets were trading close to their ATHs and it really excites me.

For example, SPS is currently trading at 10 cents per unit and I receive roughly 55 a day, so that's $5.5 per day. It could have easily been $50-55 per day if SPS was trading close to its ATH and you can imagine how awesome that will be.

It is pretty much the same thing with the vouchers I receive for staking SPS tokens, the Polycub I receive for staking Cubs on Cubfinance and of course this value will flow into the value of XPolycub.

The crypto market is filled with so many ifs, buts and maybes, so you have to work with whatever you have at every point.

Long term hopeful

I'm betting on the present and future value of most of my assets. I really hope that they all come good and build solid projects with high demand around them.

In any case, one has to always think long term with these things because that's where all the profit resides. I imagine that keeping my Polycub, Cub, and other liquidity pool investment active over the course of a year should yield decent results.

On top of that, I also need to ensure that I hodl some assets like Chaos Legion packs because I have a lot riding on them.

Despite the general condition of the market, each untamed pack is still currently trading at $40 per unit. So, assuming Chaos Legion had sold out and since each monster inside usually offers half the usual collection power, we could assume that each would have been selling for around $20 right now.

So, assuming I achieve my target of holding 500 packs before Chaos Legion sells out, I'll be flipping packs decent profit of around $8k. That's good business if you ask me. The crazy thing is that it could even get more expensive if I hold the packs a bit longer and my profit will rise as well.

Things aren't the way I want them to be right now but instead of complaining, I've decided to look at the potential positives that could come out. The beauty of diversifying is that all I need is one of the investments to work out and life will be sweet again.

Posted Using LeoFinance Beta

4.93170038 BEE
10 comments

As a sidebar, I'd like to add that I'm available to write blogs for your blogs and website at an affordable rate.

If people knew how good that Polycub article that is about to drop on Rugdoc is...

I'm sensing green days ahead. We are all going to make it.

Posted Using LeoFinance Beta

0.00003065 BEE

Fingers crossed mate and I appreciate the opportunity.

0.00005158 BEE

I really like your positive attitude. I have a tendency, against my better judgment, to despair when things are bad. While I know despair is not a winning strategy, it is not like I sit and think, "Ah, I shall despair today. That would be amusing."

Nevertheless, even when the despair is warranted -- that is, even when things truly are as bad as they seem -- many studies have shown that positivity and optimism are still better ways to approach adversity. The reason is that, even if the positivity is unwarranted, it leads to greater peace, joy, and a sense of self-efficacy. Armed with the latter, even when things go wrong, a person is in a better position to bounce back and face the next challenge.

I think crypto will increase, but the question is when. I think, at this point, although there are still naysayers, it seems almost a certainty that crypto is the future, so, as long as we are invested in decent projects... fingers crossed for long term growth?

Great insights. Thank you. I enjoy reading your articles.

!PIZZA

0.00003063 BEE

Very sober and realistic analysis. I'm totally with you.

Being involved in crypto is not all flowers but if you consistently look for solid projects you will be in a very good position some years down the road.

!hivebits

Posted Using LeoFinance Beta

0.00003067 BEE

It does seem to be the time to collect and accumulate and just wait for the markets to go back up. Easier for me when crypto is not my main form of income but if annoying when you see the value of these tokens and it just always seems to be down atm. Heres hoping for a boom soon :)

0.00003064 BEE

I need a big boom in my life

0.00673388 BEE

yeah you and me both lol

0E-8 BEE

You've done well. Knowing and understanding the impact of your investment in the long run. Then, you finally hit the nail on the head...

The beauty of diversifying is that all I need is one of the investments to work out and life will be sweet again.

This always, is what makes the difference.

Posted Using LeoFinance Beta

0.00003061 BEE

https://twitter.com/belemo__/status/1505840369694617605
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

0E-8 BEE

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@harlowjourney(4/5) tipped @belemo (x1)

You can now send $PIZZA tips in Discord via tip.cc!

0E-8 BEE

Hodl hodl hodl!!! Lålålålå.

0E-8 BEE

It is tough at times but good to see you keep building.

I am sorry DPorn didnt work out so well. I know how much you like to take selfies.

Posted Using LeoFinance Beta

0E-8 BEE

Breaks my heart every time I think about those selfies going to waste

0E-8 BEE

Congratulations @belemo! Your post has been a top performer on the Hive blockchain and you have been rewarded with the following badge:

Post with the most upvotes of the day.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Support the HiveBuzz project. Vote for our proposal!
0E-8 BEE