Hard to plan for 2025, the final year of the bull market, isn't it? Unless you are a hodler by excellence, and, bull or bear, you keep hodling and growing your stakes. Then, things become easier... if you don't check the dollar value of your portfolio much. 😀
If we believe 100% that crypto is the future, and we don't need it to live off now or in a potential future, then growing our bags should be the priority and the dollar value should not influence our decisions.
But how many are in such a position, and how many resist the temptation to use the crypto cycle as a leverage to increase their stakes? I've done it before, and it didn't end up well, at least in some cases...
That's why this cycle I have a more balanced approach, but in 2025 profit taking will take precedence over anything else. I've taken and will continue to take lots of profits to the point at the end of the bull market most of my holdings will be stables. Most exceptions will come from the Hive ecosystem, again. Theoretically, I don't plan to power down my main stake at all (in fact, I still power it up daily and on HPUD with minimum amounts). But if the price of HIVE goes really high, it would be foolish of me not to take a little bit of profit from that too, obviously, accounting for my long term plan to increase HP.
The other thing I am unclear about is iliquid assets in games, and maybe a few H-E holdings (other than stables). I won't make the same mistake as last cycle and not sell assets pumping really hard, no matter how much I like or want them. It will be hard to hold myself to this one, but all I need is to remember the worth of my Splinterlands assets in 2021 and their worth a few months ago (or even now).
But many of these targets are price or time-related and won't be made public as Hive goals. I might not even have all of them clear in my mind at the beginning of the year. For example, do you know how much will Splinterlands cards or land be worth close to the peak of the bull market? Or even be sure when the peak will be? I have no idea, especially on the price part!
What I know for sure is that my goal of having 5000 HBD in savings will carry over to 2025, since it's a multi-year goal and is mostly meant for 2025.
I will likely continue to have my social goals, since they are not market driven.
I will likely have at least one more goal at the beginning of the year, but I don't know it yet.
It is very likely I will continue the types of goals I had this year, with multiple shorter-than-one-year focuses which can also be adapted to the changing conditions throughout the year, may that be market prices or new products and developments you can't anticipate at the beginning of the year when you set your goals. Yearly goals are hard to manage, especially in crypto, where things change so rapidly.
So, have you thought of your Hive goals for next year? How have you performed on your goals for this year?