That’s an interesting strategy to earn dividends from Ripple’s success by hodling shares of the companies who own Ripple.
I was hoping that TenX would be paying dividends on their token, so I invested in a bunch, but they have stepped back from their original vision for the token, and I’m getting more and more disillusioned with them as the time goes by.
Dash, on the other hand, is proving to be a solid investment. I don’t own anywhere close enough Dash to be running my own masternode, but I invested 10 DASH in Masternode Shares and it pays me ~6% annual dividends paid out every fortnight.
My bank in Sweden is also hugely supportive of the Blockchain tech (similarly to Santander), so I trust them enough to be invested in a couple of mutual funds that they manage.
Oh wow, 6% DASH dividend - that's great!
About that TenX thing, you really got to be suspicious about talk. I like to see an investment walk the walk before I buy in.
Very true, lesson learnt. I might still make some profit from my investment, if the price goes up, once they release their new card for the US, European and Asian markets.
Indeed, 6% annual return on DASH is pretty sweet, because the price of DASH is going up long-term. So the actual ROI measured in fiat currency can turn out to be much higher than the nominal 6% in DASH.