Building Passive Income - Part 2

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Hey welcome back!

On 22th of October I started my blog on building a passive income. Showing my Hive portfolio aswell as explaining some of the reasoning behind it. Link to previous post

In this post you will find that I invested another $1000,- and increased my daily passive income stream with $1,23 (from $4,21 to $5,44) - despite a decrease of hive price (from 0.197 to 0.181).

I added a few postions

New:

Futhermore I increased my position on the PIMP pools (as that APY was hard to ignore).

My strategy remains the same - build larger pool shares - mostly in pools that offer less risky rewards so that you gradually hedge the risky positions. This strategy works well with the #cent pools in combination with the new phase of delegation rewards.

What is next?

  • Short term => additional positions: BXT, DRIP, SPS come to mind as first step.
  • Mid term => Increasing current positions
  • Longer term => Decreased risk by having larger portion of portfolio share in HBD savings.

Curious to hear your suggestions!
Thank you for stopping by!

Building Passive Income - Part 2 | Ecency