[LOH#152] With $5000 I Will Do These
Happy new week friends. Wishing us all a productive week ahead. Last week was @ladiesofhive anniversary and it was really fun. Thank you for the tips and gifts to members and me. I really appreciate it.
It's another weekly prompt, do well to join here. All thanks to @irenenavarroart for giving this amazing topic.
Given $5000 is like a prayer answered. With the current rate of 1 dollar to #950. $5000 is about 4,750,000 million. Well that's a nice one to start a business to invest in.
We are anticipating the bull run after BTC halving which is to take place 206 days.
This topic really made me think.
$1000 in HBD saving:
This is a passive income for me and if I am given $5000, I will put $1000 into hive and get over 20% APR interest rate.
$1000 into Altcoins:
Ever since I had encountered shitcoin and how they rugged after buying I didn't not invest in shitcoin. Although they are some shitcoin that have made people millions of dollars. Well, I will invest into potential coins like Solana, Ltc, matic, polygon.
Start a charging accessories business:
In school, I would open a shop where we could charge people's phones, laptop. We really don't have electricity here so in my area currently opening this business is a great one. That's what the people in this area need. Starting this business doesn't require much, just a rented space, a big generator, sockets and chargers.
Buy a land:
Yeah land is an asset that is appreciated with time. So I am sure going to use the remaining $2000 to get a good affordable land for that amount. I'm not buying it to build now. I'm going to keep it as my portfolio income that will increase when the area I bought it is more civilized. I might also rent it out for farming or business and get yearly return for it.
Thank you for reading
lovely ideas, but 1000$ into shitcoin is brave though
Yeah that's if I get first hand information it's not a scam coin
I know what I have seen
I was not able to participate in the 3rd birthday celebrations of the Ladies of Hive here last week, because I was busy and could not open here. Anyways, it's a really good business, what's needed in our area is a good investment, such businesses. I hope you can do that kind of business in your place soon. Good luck lady.
No problem if you didn't
Next year will be bigger
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You have several very interesting investment options, the electric charger business surprises me, with respect to buying land I think it could be a great investment in the long or medium term if you plan to rent it. HUGS
!LADY
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Thank you
Why does the we electric charger business surprise you?
It surprises me because it seems sad to me that they don't have electrical service everywhere like everyone can charge their devices at home
Yes we don't
Especially this student environment
Sounds like you would do well with your investments. Thanks for sharing my friend and have a lovely day!🤗💜🍁🍂
I do have the ideas
Just the money am working to have
🤗💜
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