Financial Plan in Crypto on Uncertain Economy in my Country

in ASEAN HIVE COMMUNITY4 months ago

Hi, I am Arveno from Surabaya city. in this content i want to share and talking about investing more on Hive. Why i choose Hive?? because i am started from HIve and right now i kinda understand a little bit about Hive ecosystem. And in fact i am starting to getting old and lazy to learning new things. Especially the newest one that never ending. Thats why i am just focusing learning how to get passive income profit from Hive and i can have saving as investment in Hive. So, my assets can grow and giving passive income at the same time.

For your information, if you are searching at google. World labelling my country Indonesia as the number 2 poorest country in the worlds. And yeah maybe almost all people on my country hold all their spending on unimportant needs. Mostly they are spending on food. But also what makes me sad is they are spending on cigarettes. Yeah many people will still buying cigarettes than buying healthy food which is that is really stupid. But, thats common in my country. Thats why they are still poor.
Meanwhile me, i am changing on a few years ago. I am starting to learn investing, trying small business,trying to selling something until reaching on what i have right now. I cannot say that i am rich right now. But i can said that right now is much better than few years ago. I am quit from smoking that cost me too much to be burn without getting me nothing except sickness. And i am starting to learn from capital investing to be passive income investing. And right now i am still in stage of Building capital for Passive income. And this is really a long long journey until i get to my financial freedom. Or even worse i still dont know if this can be work or not. But, on paper calculation it can work, yet still dont know for reality, better take action and see what happened next and what we can do about it.

So, there are many ways to investing the money. Saving and investing are similar but yet they are really different. Saving is just save some money and not expanding the money at all. Passive and stay not adding automatically until we added the money. In contrary Investing is growing your money. Money need to work. And i believe people that reading my content already know how to investing especially on Hive. You guys did not withdrawing all the rewards right? still re invest to gain passive income right??

As you can see on my wallet on Peakd, i never withdraw all my HP from the start i am writing on Hive ecosystem. At first i am too lazy waiting 13 weeks to powering down the HP. Until i realized that HP can be very usefull tools to get APR on this ecosystem. And there are many ways to get passive income using HP. From delegating,leasing,voting,and many more. But, i am not take care much for HP, i just let it be and growing from the rewards from my content. But, what i building right now is on HBD.

I am building on HBD even though many people said that HBD is for selfish person. I think every person will have their own financial plan and I can't compare other people's financial plans to mine. We are all having different situation. And my situation is made me investing on HBD first and my target is reaching 6k HBD at least on 2 years.

But, lately on X. Many people sharing that the Hive APR on Binance is really high. At first i dont really interesting to buy on Hive because everyday at least i got from my content rewards. But, after I thought about it more, i can make it even better and utilize this huge APR at the moment. So, i changed my saving way. I save from what i got on real life and starting to buy Hive little by little. I am buying Hive at least under 15% from my income. And my plan is if the APR on binance still above 15%, I will stake on Binance and still allocating some of my income to buy HIve until reaching 1k Hive on Binance. If still give APR more than 40%, it will give me more than 1 Hive each day. So, i can send the Hive from interest and Powering up my Hive account. And more HP i have i can give huge vote and i can vote more content.


Right now i staking 96,313 Hive on Binance. After i got payday i will adding some again and doing it consistenly if the APR still above 15%. If below 15%, i think it is better if i sending to my Hive wallet and powering up all the HIve that i have. It will give bigger APR and utility on Hive ecosystem than in Binance if the APR below 15%.
And right now with only have 96 Hive i get around 0,11 Hive daily. Thats really cool. Soon enough i got payday, so i can adding my Hive on Binance.


And this is really small example of getting passive income from investing. Sadly most people on my country did not knowing about this and if they are know they dont want to learn anyway. And also they have crab mentality that always not happy to seeing other people succeed and sharing their thought. Fortunately on Hive ecosystem many people dont have Crab mentality,dont they??
But overall investing on Hive is really exciting because right now i know how to building my passive income.

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Thanks for posting in the ASEAN Hive Community.

Hey, @justinparke here. Sorry for the inconvenience, but my family and I arrived in the USA and for several days we were busy getting over jetlag and visiting family. Now I am back to voting and curating, but will be voting at roughly 50% less than normal until I am caught up again. Sorry for the inconvenience and I hope for all to be back to normal within 48 hours.

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