2022 Investment Goals - Progress report
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.
In 2022 I want to keep growing, using what I have learned in the past years. By setting goals I also want to prevent myself from spreading myself too thin or focusing on inferior goals.
These are my goals:
1500 Hive power. With the higher prices, this might be a challenge, but I would like to keep building my Hive power. With all things going on up here, hive has to go up.
1000 Leo power. The leofinance team are rolling out awesome updates constantly. I want to support that and take part in it.
Passive investment tokens:
- 50 BRO (you just can’t go wrong with bro)
- 100 UTOPIS (the best paying dividends token)
- 50 Index
- 10 Cartel
- 100 HBD in savings
- 500 SPS
Currently my holdings are:
- Hive Power: 1022
- LEO: 852
- BRO: 32
- Utopis: 101
- Index: 34
- Cartel: 2
- HBD: 57
- SPS: 302
My Big Hairy Audacious Goal:
- Road to dolphin (5000 Hive Power): 20,44%
Growth needed to reach goal:
- Hive Power: 11,66
- Leo stake: 3,61
- Bro: 0,44
- Utopis: 0,00
- Index: 0,39
- Cartel: 0,2
- HBD: 1,05
- SPS: 4,83
I have sold my MPath and Dhedge tokens. The reason for selling the MPath token is that the project has stopped due to health issues from the guy running it. He currently has a buyback program where you can sell your tokens back to him on the market by setting a price of max 0,6 hive per token.
The reason for selling Dhedge is that I don’t like the way the project has evolved. The tokens you get as dividends are mostly garbage and the little hive you get is not worth it. I then rather have a lot of BRO or Utopis. Which is exactly what I invested into.
I sold some wavio tokens as I don’t know much about that project and it is not part of my goals for this year. The tokens are really valuable, so that was a nice income boost this week.
I did also buy a lot of Leo and SPS as I consider those tokens currently very cheap and I’m very sure that over time their value will increase tremendously.
I increased my BRO goal to 50 tokens. MyUtopis stake is now 100 tokens and I’ve decided not to make it higher than that. My Index goal is now raised to 50 tokens and I’m also going to focus on getting 500 SPS staked.
With risingstar I unlocked the band members, so I’m back to the better paying missions until I’ve reached level 80. At which point I can finally start on the missions for the 3rd region.
I believe that 2022 will be the year where play-to-earn games on the blockchain really take off. Even when you only play the hive games, then still it is going to be more than a full-time job to try and benefit from all of the opportunities there are. As I don’t have that time, I instead invest in the Cartel token by @oneup-cartel. The Cartel token is both an investment token and a dividends token, although dividends won’t start the first 3-6 month’s.
I have added Index to my dividends token goals, as I see that they are set up to benefit a lot from the growth in splinterlands and the upcoming expansions to that game. As one of the biggest holders of DEC, they get loads of SPS and Vouchers. I believe this will continue to expand.
My own splinterlands investment has gone down big time, so it will take some time before that gets back to the amount I invested. Reaching $100 worth of splinterlands assets is quite difficult with prices dropping. So I decided to change this goal to 500 SPS staked in the game. I believe long term it is going to be good to have some of this governance token staked.
I am using 50% of my CTP rewards to fund my other goals. The remaining 50% will be powered up to keep increasing my CTP stake.
I am stacking HBD in savings for the 12% interest, which is a great hedge against any potential market crash and also a good way to take ‘profits’ when we would still see a bull run in 2022.
I believe 2022 will be a massive year for hive with all the development that is taking place, so I will continue to build my investment portfolio.
I hope sharing my goals and thoughts about them is helpful to you.
Thank you for the support guys, you make all the difference. Let’s grow together!