RE: RE: Feed, Sleep, Bleed: What category is your investments?
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RE: Feed, Sleep, Bleed: What category is your investments?

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4y

Thank you for the comment. I agree and I probably should have a term like CREEP, because there is a tendency for some assets to creep from one category to the other. You are correct about what could move an asset from one category to another. I used the example of the refrigerator as a SLEEP, but another similar item like a Laptop would be a good example based on your comment. If I purchased 20 laptops in Spring with the intent to resale in Fall, I could have an asset that lost value due to newer models and better technology during my hold time. SLEEP assets are pretty hard to hold because they are sometimes difficult to value and the value may decline due to unexpected changes in consumer appetite or needs. Most NFTs are in the SLEEP category in my mind (excluding NFTs that can be rented like Splinterlands). The NFT pays no dividends, it cost nothing to hold, and the end goal is that it appreciates over time. Tangible assets held in SLEEP do have a risk of sliding into BLEED, or being put into some sort of service to generate income in FEED, for example, the generic car being used as a Uber vehicle.

@methodofmad: Thank you for | Ecency