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2021 Investment Goals - Progress report

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@invest4free
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With this account I want to show that it is possible to build an online business/investment portfolio without any fiat money invested at the start.

This year I want to keep growing, using what I’ve learned in the past year. By setting goals I also want to prevent myself from spreading myself too thin or focusing on inferior goals.

These are my goals:

  • 10,000 CTP staked Goal reached!

  • 2000 base sim income for my dcity I believe dcity is still the best passive income generator on the entire hive blockchain. I believe if I keep reinvesting my sim income it will be possible to reach this goal.

  • 500 Leo power. The leofinance team are rolling out awesome updates constantly. I want to support that and take part in it.

  • 1000 hive power I’ll set the rewards for my blogging to 50% Hive power and 50% HBD and I am moving that HBD into the savings account for the 10% interest. This will make the Hive power goal harder to reach, but I am making good progress on my other goals, so later in the year I might be able to move more funds towards my Hive power goal.

Passive investment tokens:

  • 250 Mpath tokens
  • 500 Dhedge tokens
  • 20 BRO
  • 25 UTOPIS

Currently my holdings are:

  • Hive Power: 727,379

  • CTP: Goal reached!

  • Leo: 248

  • Mpath: Goal reached!

  • Dhedge: 250

  • Bro: Goal reached!

  • Utopis: Goal reached

  • Dcity base income: 1263

My Big Hairy Audacious Goal:

  • Road to dolphin (5000 Hive Power): 14,55%

Growth needed to reach goal by the end of the year:

  • Hive Power: 11,36 per week
  • Ctp stake: Goal reached!
  • Leo stake: 10,50 per week
  • Mpath: Goal reached!
  • Dhedge: 10,42 per week
  • Bro: Goal reached!
  • Utopis: Goal reached!
  • Dcity base income: 30,71 per week

I’m not back on track with regularly writing blog posts again, but the numbers are certainly moving.

Since I have now reached the CTP goal, I will start using 50% of my CTP rewards to fund my other goals. The remaining 50% will be powered up to keep increasing my CTP stake.

This week I was able to make a big step towards my Dhedge goal. As I reached my bro and Utopis goals, this is the last dividend token Goal that is left. I am now exactly half way the 500 DHEDGE I initially wanted to get and I have started to doubt wether I want 500 DHEDGE.

With 500 DHEDGE the dollar value would be quite similar to the dollar value of my UTOPIS and BRO holdings. But especially UTOPIS has a much higher APR, so in terms of diversification it is nice to have some DHEDGE. But in terms of profit I would be better off investing in UTOPIS.

BRO is quite expensive, but is investing in things that make sense to me and grow massively in value. As a splinterlands player I’m looking forward to the SPS dividends for instance.

Dcity is another goal that doesn’t feel right anymore. I am not ready to leave the game behind, but the profitability of dcity is now lower than that of Risingstar. While Risingstar is a free to play game. My Rising star profit is now about 7 Hive per week.

I hope that the profits for dcity will return, so I will HODL what I have, while selling a bit here and there.

The goal that will have my biggest attention from now on is the LEO power goal. I do think that LEO will overtake Hive again in value later this year, so this is a great opportunity to build my stake.

Finally, I have started to move my HBD rewards in the savings account. 10% APR is massive for a low-risk investment, especially since the peg to the dollar seems to be more accurate by the day. I won’t say no to a low risk 10% like that.

Well, that’s it for this week.

Thank you for the support guys, you make all the difference. Let’s grow together!

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