It has been a while since I consolidated my strategies, or reflect on my crypto thesis, so to speak.
The conclusion is that I am going to fill my tank as soon as I can during this bear market. I will just call it the Fill the Tank stage or strategy.
Basically, it entails setting a number to reach/acquire for specific cryptos. Once I reach it, I will buy no more.
The biggest development on my end recently is my massive LEO power-up recently. Now, my one 100% upvote is worth 1 LEO.
This is me actualizing my "Fill the Tank". That can be said to be a sign of my maturation in my crypto positions. One of my thesis is that setting goals to accumulate, and working towards them, gives me peace of mind. For me, LEO is for reaching that 1 LEO upvote. I am glad I reach it, and won't likely buy more of it from the market. It indeed gave me peace of mind to focus on others.
Indeed, I did that because I can then focus on other goals.
To me, as a long-term investor, it's no difference buying a few months earlier or later. Not as much as setting the goal and reaching it before the bull market.
I can see LEO rise and fall and feel nothing.
This is because I see LEO as a real estate investment I put in which is earning me rent money regularly.
Next, I am aiming for a 10k Hive. Simply because people had been saying that things move a lot faster when 10k is reached. Well, there is only one way to find out, right? So that is the next goal for me.
I have my other targets. And they are all very modest, to be honest. For example, for Bitcoin I am aiming for a mere 0.1 BTC to accumulate. The main reason being BTC is not doing much itself. It's just a hedge in case it blows up 10 years from now.
I am still in the midst of finalizing the other goals to reach, but my mind has been fixed on taking this 'Fill the Tank' approach first before thinking about swing trading.
It's just a strategy for noobs, and it prevents me from spending on shitcoins too!
P/S: This is not financial advice, and please do your own due diligence before investing.
If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.
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