AskLeo: Where would you Invest 100$

image.png

I was thinking of investing around 100$ in crypto which isn't a big amount not even a mediocre one but hey that's all for now. So in general i had/have a rule to grow my crypto belongings without investing a single $ out of my pocket.

That logic started many years ago when i did not have a decent job and thus i literally couldn't invest a single dollar. In general, i managed to accumulate 7300 Hive, 730 HBD, 8000 LEO and 65 BRO with only an investment of 100$ a couple of months ago.

Basically, everything else was built with manual curation and post-creation. I don't even remember how many posts i have created so far.... just checked it's 717 posts already. Damn 1000 posts i am coming! So back to our subject, i was thinking of investing 100$ but i am unsure as to how to invest that amount.

For example, some of the options i thought are the following:

  1. Simply invest 100$ and buy Hive and then stake that amount earning better curation rewards and APR.

  2. Buy Hive and then HBD, earning 20% as passive "income"

  3. Invest in other Hive tokens like LEO, BRO, CTP etc.

  4. Invest in other crypto in general.

In a way the safest in my eyes that provides fast returns is the HBD way. In general, i believe saving HBD and earning 20% is one of the easiest ways to earn a passive income and one of the safest as well. The only drawback that i can think about in the future is if in general the whole Hiveverse comes to an end and due to some days that i takes to "unstake" that amount it may end up worth nothing.

So if you were in my shoes what would you do and if you would choose to invest in other crypto could you suggest some and ofc tell me the reasons why you chose them?

How much have you invested in crypto and here in Hive?

1 2



0
0
0.000
2 comments
avatar

I think you can put it in savings and then use the payouts to buy hive every month or just let the power of compounding do its job. You can then diversify into your favorite token in preparation for the bull run later. Hbd is pegged while the rest isn’t but the current market favors HBD holders the most in my own view.

0
0
0.000