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Leofinance and Ecency Contest

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@jfang003
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This is my entry into the Leofinance and Ecency Contest by @melbourneswest about my financial goals for 2021.

Why do I want to set a 2021 goal?

Well it was a fairly longer story but you can find out about how I got to HIVE here. In that post, I mention how I believe crypto is the way going forward and thus have started building financial goals towards this. I think HIVE is a great place to be at and I have built my goals here towards achievable in HIVE.

As seen in my previous HPUD, I have been setting monthly goals but I think there is still time to put a target for the end of the year. I don't know if I will make it but it will be my motivation for trying harder in the block chain. In the end, I do not wish to be bound by the current financial system and be financially independant.

My 2021 Goal

Token Goals

  1. 1500 HP (Hive Power)
  2. 1500 LP (Leo Power)
  3. 2 million staked SPORTS
  4. 2k staked CTP

I choose the above goals because doing so will generate me a decent amount of income passively through curation. I did not add any dividend tokens yet because I have a hard time picking between them. As these can be achieved by making posts and commenting in the ecosystem.

The HP I think is a no brainer considering the various different ways I can leverage this to get over 15% ARP. The LP goal is because of my belief in the LeoFinance ecosystem. SPORTS right now doesn't have much use cases but I see potential in this tribe because SPORTS is loved all across the world. They started some proposals a few months back but they have come to a standstill and there are many promising things to come. And lastly is CTP which I has lead to many new projects and tokens in the HIVE ecosystem. I think it has huge potential and plan to build my stake.

Other goals

  1. Average income of over 10k starbits a day on average in Rising Star
  2. Top 100 so I get daily HIVE rewards in Rising Star
  3. Increase my RPlanet earnings to over 5k Aether per hour
  4. Build a position worth at least 300 CUBs in Cub Finance

Most of this is just to improve the earnings I get per day and a little diversification through games. So the starbits and ranking rewards in Rising Star would at least mean I am passively earning some rewards for dividend tokens. I still plan to grow my Rising Star account but it makes for a good start to have options available incase I see some good opportunities.

As for RPlanet, it is on the WAX block chain and I plan to make a post about it in the future. I am just staking NFTs for passive income. The Cub Finance portion is more towards building some passive income through Defi. I don't trust most of the other platforms so I am focusing on Cub and start planning to add starting next month.

I think making plans is great for motivation. In order to become financially independent and work only when I want to, I want to achieve the above goals. It may take a while but I think its great tto think about the future.

Have you made your own plans? Feel free to comment on your own plans or leave me some feedback on my own.

Posted Using LeoFinance Beta