My weekly progress accumulating passive tokens:
- Another boring week in my passive portfolio with not much to report. Organic growth is still working quite well, but we're lacking new tokens to boost the portfolio. It seems @leostrategy is launching a very interesting one today based on gold. The last token that tracked Tesla's value didn't interest me much since it's not a stock I want to own, but that changes with gold, and I'll try to buy what I can. I try to keep some cash on hand for these occasions, so we'll see how it goes. To start, they're offering a 10% discount in the pre-sale, so that's not bad. I suppose they'll continue launching tokens regularly depending on how they see the demand. If this works for them, it could cause LEO to rise significantly, but for now, it's quite stable. Which is already a lot in a bear market.
- I continue to accumulate PIMP at a good rate and expect good results.
- I want to add more tokens to my list. Do you give me any advice? What tokens do you invest in and how profitable are they?
- The rest of the tokens have grown organically, highlighting Archon and LOLZ.
I use Hive as a social network in which to entertain myself and express myself, but its tokemania also causes me interest. And that's why I'm going to keep track of some tokes that I'm very curious about.
These are passive performance tokens, you buy them and that's it, you just have to wait to see your returns grow.
My strategy:
Simple, sell all the tokens that do not pay dividends and buy all those that do. I will also include some pool that seems especially interesting to me but as a secondary investment.
My target tokens:
SORT
ALIVE
ALIVEM
ARCHON
ARCHONM
AWESOME
LOLZ
EDS
EDSM
EDSMM
ARMERO
LABFUND
WORKERBEE
BXT
INDEX
LENM
SPI
HELIOS
DBOND
DRIP
BBH
DAB
DUO
RUG
TRADE
LBI
BBHO
Yolo
YIELD
LSTR
If you know more passive distribution tokens, please let me know so I can add them.
With the returns I get from this experiment I hope to finance some photography toys.