Today YouTube showed me this video about retiring on 0.1 Bitcoin from the Savvy Minds Connect channel which has 70K subscribers. Basically the point of the video is if you have 0.1 Bitcoin and you HODL then you may be able to retire in 20 years.
I think the takeaway from this video is to think Long Term! Or at least have a core bag that you plan to Keep and Never Sell. When years or decades go by, you can borrow against that crypto which by then should (or at least could) be worth quite a bit.
Sure, you might enjoy chasing some dreams in the meantime. Taking some risks makes life spicy! Buy some fun hive-engine token. Stack some HIVE so you can earn something just for UP voting other people. I can tell you, that feels GOOD man!
The idea is don't just keep chasing the new shiny object that is here today and gone tomorrow. Try to separate out your Long Term goals from your Short Term fun. Sure, get that memecoin if it makes you feel wanted, if it makes you feel like you're part of a community, if it makes you feel like you have friends. That's all valid. But communities come and go. We see it here all the time. So keep some (most?) of your crypto and investments in general in things you will be happy to own, year in and year out. Slow and steady wins the race to a comfortable future life!
Source:
I did This today.
Just for FUN! This is obviously not my retirement savings. Most if not all of the things I do on hive-engine are for Fun. I do not expect the tokens to be there in the future. But I enjoy stacking them Now.
Do You Have Your Never Sell Bag?
Maybe some Bitcoin in there? Some Ethereum? A few other Top 20 tokens? Stablecoins?
How's your HIVE bag? Is it Never Sell?
I recently became an Orca on here. Nothing higher except Whale. My goal as of today is to stay an Orca and keep my KE under 1. Right now it is about 0.5 and anyone can check that on my wallet page.
I want to stack a bit more HIVE and HBD (as long as it earns 15% or more). I might sell a bit here and there when I feel we're at a local high. But I've been here over 9 years and plan to be here a lot longer.
Source: https://peakd.com/@kenny-crane/wallet
Source: https://hivebuzz.me/ranking
My Activity
today was daily motion and some exercise snacks where you exercise fairly hard and stead for 2 minutes at a time.
At night I took a walk. The moon is about Full so beware the Lunatics! They might be anywhere. Even in the order books. So expect volatility and surprises.
Have Fun But Stay Safe!!! ❤️❤️❤️❤️❤️
This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io
True, but in 20 yes I'll be 71. I'd rather USE the capital for other stuff NOW instead of the lay and pray method.
Happy Sunday
Greetings friend, I'm also accumulating Hive, and it's fun and exciting. I love this crypto. Thanks for the tips.
I agree it's about long term. Also, consider the cycle.
I'll be very happy if I'll own even just 0.1 BTC!
Thanks for the support and information in your post, very useful.
20 years is definitely too long, in 20 years the world could have been changed so much, I wouldn't go that far with predictions
Perhaps go with the "save 50% and spend 50%" method so that you can enjoy (more) life now while having enough just in case the price of the crypto coin goes up high. 😎 !HOPE !WEIRD !INDEED !ALIVE
yep, i agree with that
It's good to know that my previous comment helped! 😀 There's still the question of where you will save the 50% and spend the other 50%. 🤯😆 !INDEED !WEIRD !HOPE !PIZZA
I noticed that your post there has been the last post that you have published on Hive since 6 days ago. 🤯 !HOPE !INDEED
I found the word "Savvy" on the post together with "Minds Connect", and I already thought about me, @savvytester, and @savvyfrog connecting our minds together! 🤣😂 !WEIRD !PIZZA !STRIDE
I like how you separate short-term fun and long-term goals. Many forget this balance and end up chasing only hype. Thanks for sharing such grounded advice.
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$PIZZA slices delivered:
savvyplayer tipped davideownzall
@savvyplayer(10/10) tipped @kenny-crane
Come get MOONed!
You're spot on! Thinking long-term and having a "never sell" core bag is a powerful strategy.
It’s inspiring to see how patience, combined with enjoying the journey, can turn small stacks into future security.
Keep stacking, stay disciplined, and remember that time is your greatest asset in building wealth!
I am trying to accumulate and increase my voting power
Congratulations @kenny-crane! You received a personal badge!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!
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Congratulations @kenny-crane! You received a personal badge!
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!
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Yes to 0.1 Bitcoin (+).
great info
thank you for sharing