My Crypto Goals for 2024
The year 2023 has officially come to an end and thankfully for those of us in the cryptocurrency market; it was a great year. After the last two years had been a struggle with FUD around every corner, there were many proclaiming that the death blow to crypto had finally been dealt. Discussions of this were the loudest following the unprecedented FTX fraud that shocked the market.
But as Bitcoin and crypto have done so often throughout the years. Just when everyone had given up or counted them out, they stood back up, recovered, and became stronger than ever.
As each new year begins, I like to write an article discussing my goals for the upcoming year. These include lessons that I’ve learned from past mistakes, ideas about where I believe the market is heading, and also personal goals that will either help contribute to my overall goal of reaching financial independence or just improve my life.
There is no denying that the last two years have been difficult for anyone who has remained active in the crypto market on a daily basis. But, there is finally sunlight on the horizon and 2024 will be an incredible year where people can change their lives forever.
These are my goals for 2024.
1. Invest Much More Time into Airdrops
Throughout my years of investing in the cryptocurrency market I have been very fortunate. With that said, as time goes by you begin to notice areas that you could have put more effort in to do even better.
One of those areas for me is airdrops. There is a famous phrase that it takes money to make money. But with the crypto market, there is free money via airdrops all around you. The only obstacle is how much effort you put into it. I’ve received airdrops such as Uniswap, Arbitrum, and a handful of others. But I have deep regrets about the ones that I shouldn’t have missed out on.
This has been the area to which I have been devoting most of my time during the last few months. Airdrops can truly be life-changing and jumpstart almost any portfolio.
2. Never Take My Foot Off The Gas Pedal
Throughout my time in the crypto market, I have felt constant FOMO. I had gone down the rabbit hole and felt completely convinced that this market was the next big thing. Ever since that moment, I have been constantly accumulating at an extreme pace as if there was giant chasing me from behind.
I always knew that our time to front-run Wall Street and governments would be short-lived and I needed to take advantage of the opportunity while it was still available. With the Bitcoin ETF coming any day now it appears this time to front-run is coming to an end. But that doesn’t mean we are late either.
Through bull and bear markets my goal has been to always keep my foot on the gas pedal of accumulating. I plan to continue doing this throughout 2024.
3. Focus More on Writing
The second half of 2023 was a time of many changes. I moved to a different country, had a long unexpected hospital stay, and there were several other changes as well. Also during the last few months as I had mentioned before, I had shifted a large amount of my attention toward farming airdrops.
All of this meant that I wasn’t writing as much, and was posting a large amount of articles from my backlog that I had written throughout the last year. In 2024, I hope to come back remotivated and ready to pump out a lot of new, high-quality content for the current bull run.
I hope that you will enjoy my articles and content this year!
4. Build Passive Income
My overall goal with crypto has always been that I hope it will allow me to reach financial independence. One of the best ways to do that is by building passive income streams.
Before the last bull market, it was very easy to earn passive Bitcoin by lending to 3rd party services such as BlockFi and Celsius. However, we all know that turned out to be bad risk management.
Ever since those days, I have been diverting more of my crypto portfolio to projects that have staking with hopes of building new passive income avenues. This has resulted in me buying more ETH, SOL, ICP, and a few others.
In 2024 I hope to make these passive earning components of my crypto portfolio even stronger.
5. Touch Grass
During bear markets, this place can be a stressful place. However, during bull markets the crypto market can be intoxicating and people can quickly get carried away. Through good times and bad it is important to take breaks.
Go and do things that aren’t involved in crypto, or constantly looking at prices on screens. This will help to preserve your sanity and allow you to stay in this market much longer.
6. Cut Back on Sugar
Finally, on a personal level, I am hoping to cut back on sugar during 2024. While I’m a relatively fit individual, sugar and sweets have always been one of my weaknesses. From soda, donuts, cake, ice cream, lattes, or anything else. Those are all things that I’m hoping to cut back on during 2024.
In the cryptocurrency market, a large amount of people are hoping to make life-changing gains. But at the same time, they aren’t putting the care or attention into taking care of their bodies that will actually allow them to enjoy those gains from crypto. This is an area where I hope to do better this year.
These are my goals for 2024, what are your crypto-related goals?
As always, thank you for reading!