RE: How to generate a stable income from Hive
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Thank you for this informative article. Prior to reading it, I was aware of dlease and @ctpsb, but had not been introduced to @leo.voter. I will be checking into that in the next day or two.
I, too, have been reinvesting my returns (both content rewards and staking rewards). At this point, I don't feel like I have enough income from any one token besides CTP to hold anything liquid, so I stake everything I earn except for CTP which I have been reallocating into investment type tokens (BRO, INDEX, LBI, and SPI). I just started with LBI & SPI and am just learning how they work, but I am constantly staking my dividends from my BRO and INDEX holdings, as well. I would also be interested in participating in the DHEDGE project, too.
As you have stated so well, my goal is to reach the point where I can live on my passive income while it continues to grow (however long that takes). I have no intention of taking anything out of my crypto holdings until I reach that threshold.
Thanks a lot for your great comment! It's a very good idea to stake wherever possible and discover new income sources and add them to your business. The more you stake, the more curation rewards you can generate and the more you can grow. The great thing on this platform is that you can generate a return in several currencies at the same time!
!ENGAGE 20
Generating several currencies at the same time is one of the great things that I love about the Hive blockchain. It's always great to see an increase in up to ten different tokens all from the same post. I have been able to learn about enough unique ones to which my post can apply that they all are stacking up simultaneously...win-win-win-win-win-win-win-win-win-win (ka-ching)!
Exactly! This is the big fun about this. Doing once the work, you build stakes in many different currencies. I love this ;-)
ENGAGEtokens.