Hi all of you again!
In this blog I would like to tell you about my Crypto goals for 2022, I will try to keep it short. I've been messing around mostly with Altcoins. The profits were sometimes enormous, and sometimes I lost a lot of money. This taught me a lot. I bought Binance at $40 and Shiba Inu before the surge. Both of these gave me a profit of at least 1000%. But the problem I had was that I only put a low amount in them. And in some sh*tcoins, I've put more than I should.
So from now on I will try to mostly focus on the better-known projects and for the gambles, well, to put less money in them. The chance on huge profits will be less, but I will play it more safe this way. And since the Crypto dip I have been able to buy more and more. Not at the lowest points, but hey, you can not time the market. So spread out your money over weeks and/or months! The following coins will be the ones that will take the biggest % of my portfolio. I want to keep stacking up on:
Binance coin
I should have bought this one way more back when it was valued lower. But I still think there is room to grow, if you compare the market cap to the 2 biggies BTC and ETH. Binance got it's own smart chain, and for me that makes it a solid play that competes with ERC-20 with it's BEP20. Besides that Binance is one of the biggest exchanges out there and a very serious player.
Ethereum
Before I did not like Ethereum. I had the same opinion as everybody else, however, this year will have a massive update for Ethereum. They will also keep burning ETH to reduce the supply and make it more scarce. Believe me, Bitcoin is the gold of this new era. But Ethereum is an umbrella godfather of so many projects. It is the foundation of what we can do in the Crypto world today and that is also why I believe that Ethereum will stay relevant.
Cro
As I told before in one of my posts, Cro is currently an ERC-20. Since the amazing marketing they are doing for crypto.com, Cro has been growing as well. And looking at the roadmap it will have some pretty sweet updates as well. My speculation is that Cro will eventually create it's own Smart Chain like Ethereum and BNB. Ofcourse it is a speculation, but even if that does not happen I think Cro is a safe play. Besides that, I keep stacking more Cro with my Visa card and cashback on literally everything. I already have 100% on Spotify, and almost reached the new card for 100% cashback on Netflix. Sounds good right :)
Cake
I think CAKE is massivly undervalued like Mines of Dalarnia as example. The reason why I put more money in Cake is the staking option I have on the Safepal Software. I earn 60% APY for all the Cake I put in there. And I think Pancakeswap is pretty sweet too *Badum ts*
Ravencoin
Last but not least, I expect good things to happen for Ravencoin in the future. Community driven, open source. A fork of the Bitcoin code. Basicly it is a better version of Bitcoin (with too much supply unfortenately) but they are working on that. Burning tokens and halving every 4 years the Block rewards for miners. Still a lot of Ravencoin out there right? The deal is that Ravencoin is pretty much very popular for miners and when Ethereum changes to Proof of Stake instead of Proof of Work, many ETH miners will switch to Ravencoin.
What else am I gonna do?
Most importantly, I will aim to double my current amount of crypto. By getting profits and putting more funds in there. If I get close, I would be satisfied already.
Good that you ask. I am hoping to build multiple passive income streams apart from Dividends I get from my stocks and stake rewards from my crypto. I have had my eye for a while on Pipeflare. A pretty good paying faucet with an amazing referral system. Also I have been putting quite some work on this platform, Publish0x. I hope to get more and more followers and so also a better reward from the time that I put in here. I know it is still not gonna be equal to the time that I put in here, but I like to blog about my findings and my blogs will be pretty much there forever. So maybe even after 5 years people will still tip my blogs. Doesn't sound bad right :)
I have also put old school documents on a website called Stuvia. It is a dutch website where students can buy your old school projects so they can basicly be lazy. I have earned almost 20 euros there now, and still going, because like Publish0x my documents on Stuvia will probably be there forever.
For this year I would like to look for more passive income streams. Because every place where I can get a couple of cents a week, adds up. Maybe I will create a Youtube Channel, maybe I will be active on faucets/apps where I can get rewards by referring people. At last I would like to send you to another blog of mine, it is too much to tell here. I have earned over 2k out of boredom. On a reddit forum. And I will also continue with doing that.
https://www.publish0x.com/freewilly/how-i-earned-over-2k-in-a-reddit-community-xwwpnvk?a=J0dNxRmpaL
Just a couple of refer links in case I got you interested. For more explanation, please read my other blogs:
https://crypto.com/app/23mprpj98e
https://betfury.io/?r=6004c41c93602368815e2902
Feel free to recommend me some other ways to earn passive income! I love faucets with referral rewards, but I can't find any good one like Pipeflare (or Betfury) anymore. But any other recommendations for passive income will be welcome!
