Being away travelling it is great to know that I can just farm the daily rewards and be able to grow the stack just by holding stake. I have always said the value in crypto is the stake and what it can generate for you on a daily, weekly and monthly time line. Many in crypto seem to miss this point and is all about the now. Wealth can be created via various methods and for me personally I enjoy the staking process. I would guess this was down to starting out on HIVE learning how compounding ones interest works and how powerful this method really is.
With my COTI stake that is roughly 85 COTI daily (fluctuating APR plus price) which today is worth $7.65 daily or $230 monthly. $255 if I include the GCOTI tokens on top of this and is what is being added monthly. This may seem insignificant to those not in crypto ,but when the prices rise so does this value. I expect a new all time high this year mainly due to the new technology they have developed and that would mean these values would be x 10 or x 20 or even more. This seems like nothing currently ,but as we know over night you can go literally from rags to riches. This actually may be a week or two and not overnight which in the back of my mind worries me as there will be very little sleep happening. Yes you ca have sell orders in place , but in order to maximize this event staying awake would not be such a bad idea.
When I look at my crypto portfolio and the individual token prices I do not see todays prices, but factor in a price I believe is realistic. Thinking in such a way will keep your more active long term even if it means the entirety of a 4 year crypto cycle. There is no rush as in your mind you know and understand how long this all takes.
I was trying to explain how this all works to my brother this afternoon and could see I lost him along the way ad he is not ready mentally for crypto. I think he like the 93% who have no clue about what and how crypto works are in for a rude awakening at some point really soon in the future.
The information we have self taught ourselves is going to make a huge difference because we are such a small minority. Over the last few months I have realised how far ahead many of us are and I include those people in crypto who still have no clue. Those that I have helped stake their crypto have full trust in what I am telling them because no one else has this information and knowledge readily available. We may be the 7% in crypto, but genuinely possibly a real 1% who knows what we are doing and have a plan. We have seen how crypto "investors" were attracted to the meme coins and I have realised these fools will never learn.
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