RE: Week 28 of the 52 Week Pack challenge I open a pack a week of Splinte ...
You are viewing a single comment's thread:
I am glad to be bookmarked. Interaction is where we learn. I might not be the best source of good advice, but I don't mind sharing my failures. I am working out my 2023 plan. 2022 was an experimental year for me in crypto, NFTs, play2earn. If I could do it over again, I would, but probably with the bulk of the investment later in 2022. I ended up with some purchases/investments at the higher points of Hive and Splinterlands, and that makes the total portfolio underwater. That said, as of January 2023, I have been able to put $15 a day into HBD from Hive dividends (author, curation) and Splinterlands dividends (card rentals, staking rewards). I have a year-end HBD goal. My goal is to be back to par with the initial investment converted into HBD. Hopefully, the value of Hive and Splinterlands assets will also have recovered so that I have the initial investment recouped and still a strong investment in Hive/HP and Splinterlands assets (SPS, DEC, Cards, Nodes).
With a $15 daily HBD savings + compounding effect of the 20% interest + reinvesting dividends to HBD savings; this is definitely a sound plan to grow your investment. This is dope!
I'm currently focusing on building my HP and as soon as I reach my goal, I will definitely follow this scheme. I think that it's good to diversify instead of focusing on a single asset like HP. Someday - hopefully soon, I will be able to follow your track :) I'm fired up!