Part of realizing your dreams is to have them in the first place. Picturing your future can help you to lay the plans to turn those dreams into a reality. So, come along with me while I share with you how I would invest 50K in the Hive ecosystem. Of course none of this is investment advice, so please do your own research, as this is just a dream at this point! :)
First off, I'd build a strong base for my upvotes and curation by buying 20,000 HIVE. at the current price, that would set me back approx $10K+ and really allow me to increase the support I can give to other content creators. I don't know where that would put me level-wise, But I'm sure it would allow me to graduate from Minnow-hood.
Next up, would be LEO. I currently have just over 1000 LEO staked. I'd add another 20,000 which at today's price would cost me roughly $2K and supercharge my curation on LeoFinance as well. The crypto "snowball effect" would really begin to take off at these levels to help boost my account over time. I would consider these numbers as a base to build on, and continue growing.
At this point I've spent just over $12K of my funds. Next up would be Splinterlands. I'd buy 5K worth of DEC, and another 5K split between land plots and SPS. This way I have a position in a game that we're still in early days with, with lots of possibilities for the future.
I think that people with a long-term view will do really well by setting themselves up to prosper in the future. For instance, I already participate in a tiny way in the dCity SWAP.HIVE liquidity, and I'd add another $3K to that, bringing my total spent to $25,000 with half of my funds yet remaining.
Making it rain
Another thing I like about Hive are the dividend-producing tokens. LBI, BRO, UTOPIS, INDEX, DHEDGE, you get the point. Some of these pay out weekly, but I prefer to collect my dividends daily for the most part.
I REALLY like tokens that pay me in HIVE or LEO, so that I can add to my crypto snowball every. single. day. So I'd spread $5K out among a basket of these income tokens as well as CTP (Jong is great, and gotta love those ListNerds!), and watch them drip that sweet crypto into my account.
With $20K left, I'd take half of that and leave it liquid so that I could take part early in any promising new projects like Splinterlands or Psybersex. I missed out on things like CUB due to not having any liquid funds ready to invest. This would help insure something like that would never happen again. The final 10K would be a savings fund where I would purchase 10K of HBD and let it compound away.
So there you have it! That's what I would do if $50K suddenly fell into my lap (after taking care of any obligations, of course), and I could invest it in the Hive ecosystem. How would you invest $50,000?
