I absolutely agree with taking the money you make in HBD from posts and invest. As for where you invest? Well, that is a big part of what the Great Little Dragons community is about.
This account is the curation account for that community. @terganftp is my main activity account. @terganmarket is my account to show how hive HBD earned on my main can be invested on HIVE for a steady income stream. The account has its own token GLD and @tergan holds the funds which back the coin and @merchantsguild runs the bot which makes sure that the GLD coin holds onto a value of 0.01 HBD.
In the community itself is still in the building stage but... the main goals are:
- give new users a place to come, ask questions, and start growing a hive income
- show those users how to invest their HP and HBD to earn more
- show how that income can be diversified off chain to bring in more stable income
- link Web2 to Web3 using games to get money back into Hive
Right now I'm running many accounts with .gld in the name to shows how different investments pay out. For example @ocdb.gld delegates 100 Hive to the ocdb voter to get daily income. @dcabot.gld uses a bot to earn arbitration income. @surge.gld holds SURGE tokens for a weekly HBD distributions. @lease.gld takes income from EDSI payouts to lease HP off hive-engine to curate and make curation profit. ETC. Each .gld (good little dragon) is designed to show off different ways to make money on HIVE.
HP and HBD that lies fallow drives me nuts! Its your money, make it work for you!
Sorry, enough of the rant.
Suggestions for your liquid HBD?
- Stake it to get 15% return added monthly
- Purchase SURGE tokens and get a weekly payout of HBD just for holding them (roughly 19% last week based on purchase price of 4 HIVE/SURGE
- Purchase EDSI tokens and get a weekly payout of HIVE just for holding them (roughly 18% last week based on purchase price of 1 HIVE/EDSI)
I'm still working on figuring out all the different angles to make money on HIVE (BEE/Helios and many more projects to explore).
I really look forward to seeing how well the Nigerian mutual fund market works out and hope you can contribute to posts in the community that I just have no way to do.
I'll be making .gld accounts to follow different Canadian ETF's (REIT's, Preferreds, Dividend Shares and more) but having a weekly post from you about the Nigerian markets is so cool :)
Thanks (and sorry if I rambled)
I just subscribed to the GLD community and will publish the investment posts there. I am more interested in the chain than before.
With a disciplined approach, a reasonable income can be made from contents and re-investments
Don't be surprised if not much is happening in the GLD community for a while. It was active for a while as "Earn Spend Give" but died off when it was too much work for me to handle. I'm working to re-establish it but need to set the groundwork to show how people to make money on and off chain ...
But glad to have you onboard :)