Dilemma - Where to Invest for the long term?

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Lately I have been jumping around in the Hive and Hive-Engine space and getting some nice small returns on some investments but it has really started to weigh on my thinking on where I should be placing my money and earnings. My thoughts so far have been the following:

Bitcoin (BTC)


Take rewards and earnings and park them in the gold standard of the crypto world. Yes Bitcoin has jumped and re-traced over the past 6 months, but it is not going anywhere. My goal has always been to stack SATS which I think is a great long-term strategy. My only long-term concern is that BTC will eventually be overtaken by something else as technology evolves and other altcoins have more significant use cases. Sure Bitcoin will always be there as a store of value but will it bring the best returns?

Altcoins


Place future investments into specific high-cap altcoins with great tech. Coins like Ethereum, Cardano, Polkadot, Chainlink and now Matic have promising futures. Remember some of the altcoins in the top 30 coins during the 2017 bull-run? Neither do I as they have long since crashed and burned. Investing long-term in great tech has to be a good choice and investment long-term.

Hive-Engine Tokens


Invest into the most promising projects on Hive-Engine, particularly LEO and POB. I was placing some investment into LEO to build my stake and will continue to do so, but is this the best investment for returns? The LEO token price is at a premium at the moment and hopefully will see some significant increases in value as more use cases come and the community grows. It seems to have stagnated a bit at the moment, though that is good if you are looking to grab more tokens.

NFT's


Invest further in NFT's? I have been involved in Splinterlands since the beginning, and although I don't engage as much as others, I have watched my investment grow and grow over the past three years and can see where this could potentially go. I don't think I need to invest too much in this space at the moment as my passive income from the game is probably enough currently.

Diversify


Probably the best option is to look a t how to spread the investment across all of the options and not be locked into the one. This spreads the risk somewhat and provides options to access growth in some areas without being 'all-in' on one token/investment!

I am a little torn and I know that there are a lot of much smarter investors out there that might be able to provide some good advice! Let me know your thoughts on my thoughts!

Thanks for reading.


Posted Using LeoFinance Beta

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15 comments
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Diversify

This right here has been my main goal as of late, I have found I got way to much in hive and BNB so I am now moving that around.

Problem I find is trust, So many places to" park" to earn interest but I honestly have no trust in any of them

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For many people, the dilemma starts long before they decide whether they will have the patience and attention to make investments over a longer period of time.

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i will continue to grow my dCity... and now my dFarm... i just have to find a proper way to tell my fiancé that "i guess we farmers now"... =)

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On the big guys I have ETH, it's been around awhile and it's not going anywhere. I see quite a few firms and players out there that have high target price for end of 2021 or early 2022. On the lower end there are a few penny cryptos I like, XLM seems well position and as long as IBM continues to use their blockchain it should be able to overtake XRP in time. Targets are all around .64 cents give or take a few pennies and it's selling cheap right now, .35 cents at time of this post. Other penny coins, VET, BAT, HIVE, NU all have merits. Bottom line is roll the dice on a few educated guesses and be diversified. I find that if a blockchain is "usefull" it will more than likely become "successful" sooner or later. I'm not a professional investor and this is not financial advise just my 2cents and what I'm doing.

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My investment strategy on crypto is simple at this (beginner) stage: Stack. HODL. Diversify. I will keep trying to build my hive stake along with other tokens till i can divest in even further high yielding investments like Defi

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hi, may I know how you earn passive income from splinterland ? And what is LEO and POB? THX

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Excelente post, muy instructivo, te dejo mi voto y te sigo, saludos.

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Leo is a good bargain buying opportunity right now, but what do you feel about POB? Is it a good idea to stick to only pob in the long term and gain curation income?

Posted via proofofbrain.io

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I am lucky enough to have a bot of POB to get curation. I don't think the APR% will stay this high for long though.

Posted Using LeoFinance Beta

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How much more time do you feel these type of obscene curation rewards would be possible? The reason to be on pob is only the curation rewards. Btw, is your bot hosted or is it just your personal script?

Posted via proofofbrain.io

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Very good Post and worth my biggest upvote. Not much but from heart ❤️. Send you some !LUV

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