Building passive income | November 8th

in LeoFinance13 days ago

Hey welcome back!

Many of us are intrigued by the opportunities that defi offer us. This is also very much true for me. I started a journey to build my own passive income here on #Hive - mostly as a way to hedge the risk I have on my other investments (both crypto aswell as ETF).

Last post my positions were affected by the $HIVE price decreases - but I explained my strategy how I would, over time, reduce my risks by reinvesting my pool returns into staking returns into HBD savings. Doing so will keep me exposed to the higher rewarding opportunities while gradually decreasing my income depandance on them (by increasing to less risky streams)

Current status

  • My next milestone of $10,- daily passive hive income is getting closer! moved from $7,92 to $8,56. Which could be simply explained by the market reaction on the US elections.
  • Started increasing my #LEO positions - will aim to reach 50K LEO in a few days - max weeks. Like before I delegate to @centtoken to earn HBD delegating rewards (min APR 15%)
  • Increased by #DUO holdings a little bit (2729 now eying 5000)
  • I am considering using the SWAP.HIVE:PIMP daily pool returns to build my PIMP:THGAMING and SWAP.HIVE:THGAMING pool positions as a small side quest.

Looking forward!

  • #CENT Power up day is coming this weekend! will definitly join in!
  • Got some additional funds from the cosmos ecosystem coming in next week.
  • Milestone $10,- feels within reach!

Thank you for reading! Please let me know what you think of my strategy and what projects you feel should be included in this list!

Posted Using InLeo Alpha