If you were swinging for the fences on a play where you could afford to lose 10% of your stack for potential 10000x gains... I would say, know the risks... and go for it. Since you are trying to pay the bills with this, I would say you are better of staking ATOM/COSMO as it is high yield and pretty safe.
Definitely the LP's on OSMO are the main focus. This strategy is high risk, no doubt. Wiser to accumulate my way to a big stake than buy all at once. But, its on the table as I'd rather be able to cover all my expenses from income (and have some left over to compound) than sell capital to stay afloat.
Just thinking of ways to avoid having to look for a new fiat job really.
Thanks for the input.
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Ya, I am looking for these options too. (To quit my job). My long term perspective... chasing APR's isn't sustainable, but if you can chase APR's for the next while well the getting is still good, you can amass enough to be able to stay afloat while APR's inevitably drop. Ultimately, getting to that magic level (say 1 million, as you could live well off of interest alone on that (even if APR's settle at 8%) is the key for me.
That said, I moved my rewarded OSMO into Huahua as you are onto something. Granted, that was $20, not $50K.