Uncovering The Elusive Staking Gems
You do wonder if you weren't involved with Hive would you have found it as a staking gem? Understanding how each eco system works in Crypto is not so obvious and literally takes months of research.
At the beginning of last year I had the ambition of having 10 staking projects in Crypto offering a steady income stream. The idea of having 10 x $25 as a passive income stream appeals to me as they can only increase over time. Who knows the 10 x $25 could turn into 10 x $250 or even more. This has turned out to be easier said than done as I have avoided DeFi related products as I am after genuine use cases. There is nothing wrong with DeFi if you find the right team behind it, but feel more comfortable having a genuine use case project.
Blockchain and Crypto related technology is going to explode and is not an if, but a when scenario. We have seen over the last few years adoption slowly taking shape and this will continue with the speed of adoption slowly increasing.
NDA and secrecy surrounds most projects and reading between the lines is a minefield on it's own. What is real and what is fake?
I found this on the COTI discord channel earlier this morning and no one is suggesting COTI are supplying the payment system, but it is a possibility. I am not someone who is into hear say and would rather wait and see. Who can forget the fake pump with LTC when news was announced about their fake partnership with Walmart.
If only we could have a crystal ball to make our investments far easier to find as this is not an easy task. Uncovering not only a staking gem, but one that will do a 40 or 50 or even a 100x is tough. The reality is they are already around and we just have to find them.
I have no doubt Ethereum and Bitcoin will carry on and still do there 20 or 50 from here, but the value is already there so finding a sub $1 investment is where my mind is. Uncovering a gem that will do the 40 or 50 x from here and still be able to do far more than that due to it's daily use case. Being able to spot a gem that is sub 20c and ends up at $100 is not out of the question which would be life changing for those involved with sufficient stake.
The last 21 months of hunting has been an eye opener as I thought it would be far easier to find the Crypto projects with daily use cases. The 21 months should tell it's own story as only having settled on 3 the last 7 are anything but obvious and proving elusive for now.
All we can do is keep hunting trying to find and piece the information together giving us a clearer picture on the various projects we are researching.
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That's whay I like where LeoFinance is and the building that the community is investing in right now. With today's prices, it is more attainable for me to reach Dolphin status here than anywhere else.
Reaching that level of tokens and beyond (wayyyyy beyond) will set me up nicely for any possible success in the future. We simply need to keep building and allow the masses to envision the unlocked potential right here at our home on the blockchain.
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COTI did relatively well in 2021 if I remember correctly, also a nice size market cap that can still enjoy some good upside.
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