2020 was a crazy way to start this new decade. The 2020's will be life changing in ways we couldn't imagine. Money is already changing right before our eyes. With the recent run up of cryptocurrencies, there is no better time than now to express and explore potential financial goals for this year.
"Which is going to be your investment strategy for 2021?"
Investing is something very foreign to me. Growing up in Hawaii I have picked up some anger toward the history that Hawaii shares with America. But being exposed to crypto recently, one successful investor said "don't get mad, get educated". This is something I have started doing for the past 3 months and it has already started to change my life. This year being new to investing, it is my strategy to educate myself more through applying myself to things that enhance the experience of investing. Blogging has become one of these new strategies I have been using to learn more about investing. The engagement through my own posts, and educating myself through the awesome articles written on LeoFinance.io has helped me a bunch.
Another way that I have been applying myself is through the use of decentralized projects to earn crypto. These methods are not ways to get rich but ways to experience and become exposed to crypto. There is nothing like the actual thing to learn from. Along with my research and the great feedback I receive, I am confident that I will continue to be exposed to these new great potential projects. This will also allow me to take on the HODL attitude with these projects since, for my situation most of these projects will be little to no initial investments involved. Staying excited without the emotions of actual investing is one of the great things about this. Little risk, great education.
The last strategy I will try to implement in my goals this year is CONSISTENCY. To slowly use what I learn to perform the ultimate plan, which is to practice crypto day trading and investing in the right HODL projects. I soon will receive my MCO Crypto.com visa card, pandemic stimulus and I have just received an opportunity for a home remote job doing customer service (I have been unemployed for 2 years now). I have also been demo trading on BitYard. This has been very helpful to learn a little about actual trading. So with all of this lining up, I hope to get my trading started soon. Planning on starting with 200$ from stim, and then with a recurring buy in of something small like 100$ a month or 25$ a week to practice the day trades.
To summarize my investment strategy:
- Get educated
- Become more exposed through application
- Trading crypto with consistency
"Do you have any specific assets that you want to invest in?"
Besides the forerunners BTC and ETH my research and exposure has led me to become bullish on these coins:
- CRO (Crypto.com)
- ADA (Cardano)
- UNI (UniSwap)
- DOT (PolkaDot)
- XLM (Stellar)
And I am really bullish on these tokens:
- CYFM (CyberFM)
- LEO (LeoFInance)
- XYO (Coin geolocation Dapp)
Besides my recent interest in crypto another asset that I want to eventually invest in is real estate. Even if a small one bedroom unit or something. But something small that I can call my own, I have been having these thoughts and visions of creating these passive incomes and the ultimate way I have seen so far seems to be through real estate. Hopefully my investments in crypto assets will be profitable to where I can do some research on real estate towards the ending of the 2021.
These are some of my plans and goals for this year. The first 3 days of the year is starting off with some crazy FOMO. Things are looking good for crypto and all of us that are looking into it. If you are interested in participating in this fun activity you may follow up on the details on this post from leofinance. Its fun to express goals, belief and confidence built through passion and expression allows for manifestation.
Thank you so much for checking this out and I look forward to reading more great articles on this subject. Hope you have a beautiful day and year in 2021, Long live the blockchain!!