Setting Targets For Passive Income
Start off small and keep adding to them slowly. You will be amazed at how quickly something grows with a little maintenance and love.
There is no time like the present to set and to achieve targets for a passive income especially as the prices are way off all time highs. Achieving a goal in crypto when the token price is very high should sound the alarm bells ringing.
My initial goal was to have 10 x $25 revenue streams which would then be built upon and grown so they could amount to something later on. The idea of having a passive income being able to live off crypto one day is something I have thought about for some time.
I know many on HIVE already do and I honestly don't want to put that sort of pressure on myself and my HIVE account. The idea is to build enough streams away from HIVE separating the two as HIVE is more personal and the others are purely investments. Take the time now as finding the projects knowing the prices they once were and what we know they could become is seriously important. Compounding is your friend and investing for the next 4 years into projects will make a massive difference to achieving any goals you are setting yourself.
I see the HIVE account that is something living and takes more effort to grow as it is far more than just staking and sitting back. Don't get me wrong there will come to a point where the HBD savings will be added as another stream when the time is right.
The next 4 years are crucial if that is how long the Bear market is going to be as no one knows if history will repeat itself again. I am not sure with the failure of LUNA dropping the value of Bitcoin and everything else really puts us in a temporary Bear market or a genuine one. From what it looks like is it may have sped that process up and therefore things may be longer or shorter before we get back to the Bulls.
My progress so far is I have managed to accomplish 1 revenue stream which is exceeding $25 per month even at prices 7 x below the ATH. The next objective is to double that before moving onto the next project so I am certain of exceeding any expectations. In 4 years if prices remain the same which they wont as this is crypto this could easily be a $100 revenue stream even on todays prices. I honestly believe it is possible to achieve these types of targets over the next 4 years as long as you do your own research on the investment.
There is very little point if you are stacking something that has no real use case and the growth factor dollar wise is disappointing. In 4 years time the 10 x $25 if setup correctly will most likely be far bigger and will easily surpass the $250 per month passive income target. Hopefully a zero can be added onto the end of that and who knows one of your 10 streams could be supplying you the passive income target on it's own.
Posted Using LeoFinance Beta
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.
They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.
https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem
Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
A man with a plan, that is for sure! And a smart one too. I wish I could find 10 of those possible streams too. I now have 3 or 4, if you count HBD in. I am maybe a bit too careful with where I put my money in… Hive can indeed be a lot of hard work to achieve a decent income, but still I keep on posting because I love it!
Hive is a guaranteed revenue stream once the account can sustain itself. I am hoping 100K Hive Power will be sufficient but definitely HBD is one. My portfolio has changed over the last 12 months and now need to tweak it slightly. They are not that easy to find especially 10 of them so it will take work still but will relax more once 5 is achieved. We must all have these plans.
Posted Using LeoFinance Beta
I think that is a fairly good plan but $250 a month doesn't really seem like it would be enough to live off of. I also plan on branching out of Hive eventually and I think including as many options as possible is the best way to go.
Posted Using LeoFinance Beta
No $250 would only be the value of the streams now when they are at their lowest point. The idea is to have a start off point doubling them and moving up slowly. My needs are far greater than $250 lol as that doesn't cover nothing.
Posted Using LeoFinance Beta