Trading, holding and staking cryptos are always risky, more than stocks. But out of all cryptocurrencies out there, holding Hive is less risky and could be a smart investment for anyone as it has own blockchain with real utilities.
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Good advice re HIVE :)
Will you be staking any of your LEO in the future?
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If the apy is good than why not! 😉
Btw is there any staking pool currently for Leo anywhere?
As an author, I'd encourage you to just stake your LEO to your account as LP and earn via curation.
This is because by showing stakeholders that you're not just dumping all your rewards, you will be more likely to receive consistent upvotes.
But some alternatives include:
The bLEO:BNB LP on Cub Finance currently pays 92.6% APR.
The SWAP.HIVE:LEO LP on BeeSwap currently pays 13.7% APR.
Also check out what passive return you can get by simply delegating LEO to @meowcurator.
Posted Using LeoFinance Beta
Awesome! Thanks a lot for the tips.
Though I wrote a lot of tutorials for newbies in Hive, I never tried to stake Hive/Leo as liquidity and earn curation rewards!
Ah! That's a shame! :(
I guess I need to change my strategy as I am hungry for passive income sources.
Do you think staking around 10,000 Hive power/Leo will provide handsome curation rewards? Or do you suggest more?
The quality of your content is so much better than the majority of people here.
I'm certain you'd see more consistent support for your work if you start to stake your rewards.
Give it a go :)
In terms of numbers, it really doesn't matter.
Just do whatever you're comfortable with.
We're all here to make money, so nobody is going to complain if you're selling some
Just don't dump them all if you are committed to earning on the platform :)
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That's a big compliment for me. Really appreciate it!