Hello everyone,
How are you all? I hope everyone is fine and doing great in their life.
It is time to participate in another contest going on at India United Community. And this time, we have to share our ways of saving money. So that is what I am going to do. I am going to tell how I save money.
If you go through modern ways of saving money, then a piggy bank is one of the options. Keeping money in a savings account is another option, where people also earn interest. If you look at older generation methods, there used to be reserves kept for generations.
For example, most of our grandparents had gold reserves or coin reserves, where they collected specific currencies or gold or silver. Today, those reserves are worth a lot.
So that model can still work in the modern era. Today, you do not have to build a physical reserve for your savings because this is a digital era. You can simply save money digitally without even realizing it. I am talking about a Web3 wallet.
The best practice, in my opinion, which I have followed for some time, is to create a decentralized Web3 wallet and start saving valuable assets in that wallet. In my opinion, the most valuable assets are Bitcoin and Ethereum.
I know there are many other digital currencies like BNB or Solana, which are known for their good performance over time. But I still believe that the most universally accepted tokens are Bitcoin and Ethereum.
So these are the two tokens you can keep in mind for your reserve. Saving in the modern era should be modern, and to be modern, you should have a Web3 wallet where you can store your Bitcoin or Ethereum. That is what I do.
For gold, you can also collect it digitally. There are many ways to buy digital gold using Google Pay. You can buy gold from time to time, and there are other applications as well. But if you are looking at the long term and if you trust the technology and the assets, then Bitcoin and Ethereum are really worth considering.
If you had invested in Ethereum last year at the lowest price of $1,200, you could have made 4 times your investment because it reached around $4,800 to $4,900 in less than a year. That was a 4 times return on Ethereum in just one year.
Even right now, Ethereum is trading at around $3,100. To be honest, I think that over the next 15 to 20 years, Ethereum could easily go above $20,000 to $35,000. At that time, the investment could become 5 to 10 times if you started investing in Ethereum 5 years ago.
That is how I save money. But to be honest, I am not saving anything right now because my budget is very low. The market situation is very difficult, and that is why I am waiting for the right time when I can actually start saving money again.
@indiaunited/indiaunited-new-contest-and-last-88df8c4d4f3a7
Above is the link to contest.
This section is for the games I play on Hive blockchain. You are free to skip this section if you are not interested in reading about the games here.
In the screenshot below you can see my terracore base I finally decide to upgrade my base as you can see in the screenshot below. I am just got there with a damage upgrade and that is all I did.
The attacks did not went that good for me as you can see in the screenshot below already.
Below you can see my golem overlord base claim is ready for quite some time and as we were not giving time to game the penalty is given to us here as well but anyways we have to use the attacks and continue playing.
At the end of our attack compilation. As usual also bought golems and XPs for base.
That is all I did in Golem and terracore base today.
Thank You and make sure to check Crypto Company CEO services as I recently shared in my blog. You can simply click on the picture below and it will take you to their official website.
