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RE: Passive Token Stacking in Hive $ 84 $

in LeoFinance12 days ago (edited)

Very nice! We share the journey on developing a passive income from hive (on my blog I share my progress)

On your strategy: “Simple, sell all the tokens that do not pay dividends and buy all those that do.”

  • I would consider a minimum apy to evaluate how good a passive income token is - having some passive income while there is a better alternative might not be worth your money.

  • I think evaluating these tokens against 15% return (HBD savings return) is a good benchmark pure from passive income perspective - as a token that yields less than a stablecoin is both riskier aswell as less profitable. (Most of the tokens on your list would not make it against that comparison - so what other benefits do they provide to justify the investment?)

  • I would prefer passive income in hive/hbd (otherwise you would just be compensated for inflation)

  • Pools!! Beeswap offers great insights in the pool reward structure, for me the pools are the starting point in building passive income.

  • Missing in your list:

  • #cent - pools are interesting, but staking and delegating aswell . I stake and delegate to @centtoken and earn a minimum of 15% apr paid in HBD (last weeks well above 20%) - min delegation 20k cent

  • #hbd - low risk, steady income 15% , annually in savings account.

  • #leo - stake & delegate (again i delegate to @centtoken) min 15% apr - paid weekly in hbd (last week 18%) - min delegation 500 leo

  • #BBHM - same project, different token. I prefer the miners above the drip token, the returns are around 30% , but you need a few miners staked to earn consistently.

Good luck!!

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Very good advice, thank you. I try to diversify to limit the risks.