Let The Dollar Cost Averaging Begin
Today I start my new job and I am really excited to be able to get back into really building my savings and investments with what I am able to save after expenses.
I've written in the past about dollar-cost-averaging and still believe that it is the most optimal strategy for investing into cryptocurrency (of course DYOR, but I sure think so). I'm going to be able to put a good amount of money into crypto each time I get paid from working and I wanted to just publish my allocations to see what y'all think of it. I am most definitely not a financial advisor, but I welcome you to use my allocation percentages if you decide you like it and the risk balance suits your investment style!
The Allocations
One note that I'll make is that my previous allocation idea did not include a recurring investment in Hive or HBD because of the fact that I would be earning that through daily publishing, but I think I've seen the light on this one and will try to add a bit to my bags each pay cycle.
Bitcoin
The king of crypto for the foreseeable future, BTC will be my biggest allocation. I decided that I should be putting 40% of my overall crypto investment into BTC
Ethereum
Though I hate the gas prices, ETH is still very important in the crypto world with the first mover advantage, I have decided to put 20% of my recurring investment into ETH as a result of that.
Chainlink
This oracle will prove to be very important for real world implementations in my opinion and thus I will be putting 10% into this gem.
Hive/HBD
I'll be throwing 10% of the recurring investment into Hive and HBD (roughly split evenly) as it is the future of web 3.0 and will enable me increase my earnings potential from curation and from the 12% interest on the HBD.
MATIC
I'll be putting 5% into MATIC as I believe that it will be home to many great projects in the future (as we've seen with PolyCub already!)
RUNE
This will be an awesome DEX and decentralized cross-chain network in my opinion and so I'll be putting 5% in it each week because I believe it can be very important for the crypto world in the future.
PolyCub/Cub
I'll split 5% between PolyCub and Cub investments so that I can take advantage of the airdrop and the high APR rates being offered here. I have written a lot about PolyCub and believe that the @leofinance team is doing a great job setting themselves up as an important part of the crypto world heading forward.
Splinterlands
I'm still a huge fan of Splinterlands and want to continue building my collection, so I'll throw the last 5% in each cycle and see if I can improve my deck a bit faster than battling alone.
That's my allocation concept, I want to know what people think of it! I'm excited to get stacking and I hope that a few years from now I will look back on this and think about how well it went! Good luck to everyone!
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Who I am:
My name is Rob and I am a prospective law student with interests in cryptocurrency and blockchain. I have enjoyed my time thus far engaging with Web 3.0 and am looking to continue learning more and sharing what I learn through my experience
Posted Using LeoFinance Beta
The people doing V2K with remote neural monitoring want me to believe this lady @battleaxe is an operator. She is involved deeply with her group and @fyrstikken . Her discord is Battleaxe#1003. I cant prove she is the one directly doing the V2K and RNM. Doing it requires more than one person at the least. It cant be done alone. She cant prove she is not one of the ones doing it. I was drugged in my home covertly, it ended badly. They have tried to kill me and are still trying to kill me. I bet nobody does anything at all. Ask @battleaxe to prove it. I bet she wont. They want me to believe the V2K and RNM in me is being broadcast from her location. And what the fuck is "HOMELAND SECURITY" doing about this shit? I think stumbling over their own dicks maybe? Just like they did and are doing with the Havana Syndrome.
They are reckless and should have shown the proper media what they had before taking me hostage for 5 years.
What would you say while having a gun pointed at your head from an undisclosed location? Have people find it? My hands are tied while they play like children with a gun to my head. Its a terrorist act on American soil while some yawn and say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth? https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
This reminds me of the ICO days when people were dealing wiht all kinds of tokens.
It is my experience that getting a sizeable stake (life changing money potential) in so many different tokens is not feasible unless you have mint to start with.
I would suggest cutting the list in half. Get yourself 4 that you believe will lead to incredible growth over time and focus upon them.
It seems you have about 10 here which is spreading things thin.
Just my 411.
Posted Using LeoFinance Beta
Agreed that it's spread thin. I think you're right on with the increased focus getting you the chance to hit big. I plan on adding more to specific coins, but from a weekly recurring investment perspective I was trying to spread that sum around. Thank you for the feedback, I'll sleep on it and the plans may change to get that sizeable stake in at least one or two of the coins
Solid selection. Similar to what I have in my bags too except for chainlink, Ethereum and Bitcoin. Have plans to add Bitcoin down the line.
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I think it is just too important to gloss over. Even if it won't be life changing gains from here, the rate of adoption has been impressive enough to warrant it as a store of value down the road.
Where can you get hive on a daily purchase?
Right now even buying manually is hit or miss for me, due to my bank :(
In America it is a bit difficult. It can be bought on Binance (not Binance US) or on Probit.com you can also acquire it with https://bscbridge.deathwing.me/ tool by @deathwing or you can convert BNB to bLeo or Matic to pLeo and unwrap it to sell on the Hive-engine. You can also flip Splinterlands assets for a small loss to acquire swap.hive. You can also deposit a few cryptos to Hive-engine and sell them for swap.hive. I don't have any experience with simpleswap or any of the options offered on @blocktrades but those should be options as well. Hope one of those is helpful for you. I'll likely swap from Litecoin to Hive