With all of us on Hive there is no excuses as we should all know the art of growing through accumulation. This is what we do and why we should be able to grow in any staking crypto project due to what we know already. Others are still learning whilst we have had years of training.
Having been involved in Crypto for nearly 6 years you do learn the art of growing your bags through accumulation. Most crypto's have some form of staking with varying APR's on offer and it doesn't matter if they are only a couple of percent or 3% in the case of Hive. Don't be fooled because these over a length of time are still significant percentages which will boost your stake.
My COTI stake earns nearly 28 COTI daily and unlike many others thinking it will go to the moon just a $1 value would be worth over $800 monthly. If the COTI price is higher then I will not complain because the bag size is increasing daily meaning the rewards are climbing even if it is only small fractions at a time.
I have always believed and still do the true wealth lies within the stake you hold and what rewards it can generate without ever having to sell the stake. The selling part will happen when we see the all time highs reappearing, but that does not mean you are done because you need to buy back in cheaper when the prices drop back down again.
Once you have found a crypto project you believe in and has staking involved this is not the time to walk away and should be thinking of how to increase the size of that stake. Market cycles have proven to be the time to do this by selling high and buying back much lower. If you sell your stake and have $200K in USD and reinvest this you still have $200K earning whatever the APR is no matter the price of the token. You have used the market cycle wisely by growing your overall value and the size of your stake allowing you to accumulate more or even earn a passive income.
The accumulation that can be achieved on Hive has no competitors to what is possible and is the perfect learning ground for anyone wanting to learn the art of growing. Within a short period of time of 6 years I have managed to move from earning 0 to over 9 Hive daily with the 3% APR.
With the right mindset anyone wanting to have a decent passive income stream or an income stream being in crypto full time needs to set aside at least 2 crypto cycles. Possibly 3 would be ideal depending on how you are financially because the longer you let this accumulate the more value it will offer in the future.
My aim has always been to have a supplement income topping up my pension plans I have in place. We have seen some horror stories with the age of retirement increasing all the time and saw a report of the UK possibly being adjusted to 71. This has never been part of my plans because I work for myself anyway, but at least I will have choices with the crypto building in the back ground.
I do envy the younger people in crypto because this has to be seen as your golden opportunity in life, so don't mess this one up. Retirement age shouldn't even be part of the equation to what is possible if you can afford to have 5 or more crypto cycles under your belt then you could retire whenever you wanted to if you don't blow it before hand.