I don't usually participate in any initiatives here in the blockchain - but don't take it personally, I just rarely participate in anything even in real life. Which could be my problem... I do however think that sharing your financial goals for 2021 is a pretty neat idea by . I need to get this in writing anyway just so I can see if I've improved myself financially by the end of this year. Something that I really, really want to happen.
So, first off, let me answer the following questions:
Which is going to be your investment strategy for 2021?
I see the importance of investing and this is something that I really need to work on. Being able to invest today means I won't have to slave myself to umbrella corpse in the future.
So I guess I'll just keep it simple and stupid since I am not very well-versed in financial and investment stuff. Now that I have a job with good pay "by my region's standards", I will set aside at least 25% of my wage every month. That would be the realistic goal considering I have an enormous amount of things to take care of such as bills, rent, cat food, website hosting plan, and domain expenses, going on local trips to promote my online travel agency, and other unforeseen circumstances (for ex. loved ones calling me for help like someone's sick, in need, etc. - I have to help!).
I will continue to mine cryptocurrency online - also known as regularly blog here on Hive. I don't have a lot for powering up so I guess I'll just avoid powering down. I've powered down in the past due to being unemployed but now my situation has improved. So I hope I will get more cryptocurrency off my daily rants after a year.
My online tour agency's paused for the obvious reasons but it does not mean that I've stopped working on it. The website is still up and running and I make sure the social media pages are regularly updated. Most of my money and everything that I do at the moment will actually go into business promotion. So when international tourism is back, I would have already gained a good following on my business social media pages - this is the goal.
In the future, a part of what I earned from my tourism business will of course be invested in cryptocurrencies. Let's just hope things will get better so people can start traveling again.
Do you have any specific assets that you want to invest in?
Well, cryptocurrencies of course. BTC, HIVE, ETH, LTC.
I haven't really done any research on other altcoins and shitcoins but maybe I should take advantage of airdrop announcements. I haven't really paid attention to any of the free stuff.
Preferred Investment? Crypto, Real State, Commodities, Stocks?
My plan is to invest in real estate because duh, I need a home. And once I already have a home base, I would probably invest in real estate again especially in a touristic place like my region. This has been my long term plan. If I stop paying rent, my life would be so so much easier and I can start investing in other assets - such as cryptocurrencies. But hey, I am doing everything all alone so I can forgive myself for not "making it" yet.
Do you have a plan or a set of goals on how to use and grow your stake?
My plan is to work my ass off this year, get some wage increase if I can or if I am not being diabolic at work. And try my very best not to quit however hard. I'll commit to setting aside 25% of my wage every month, invest some of my money back into my business, and regularly blog on Hive to earn more cryptos.
My prediction for Hive and Leo prices in 2021
Let's hope at 10 USD.
And Why I'm a Bit Unemotional About BTC
I should be happy that the cryptos are mooning right? Well, neither happy nor sad, just detached. If I become emotionally affected, I will be too depressed and anxious right now for all the cryptos I didn't hold. Yeah sure, if I had a job back then I wouldn't resort to powering down and cashing my holdings. But you know, I have no regrets because life got in the way. And it's perfectly okay. I don't want to bang my head against the wall if you know what I mean. Some people can afford to hold cryptos and some can't. We have different life circumstances. I have tiny holdings right now but I am not bitter. I am just grateful that it's not too late.