HIVE token hodl project - Quick outline (suggestions welcome)

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Let’s HODL.jpg

I'm not planning on actually starting this until Saturday but I want to start laying down my outline and seeing if anyone out there had any suggestions for me to improve on before I begin. The basic idea is once a week I will be buying a few HIVE tokens to equal amount and tracking performance. I want to focus on longer term hodls to see how they perform and in general pass off some information to everyone else out in LEO and HIVE land.

I currently have a list of 5 projects I'd like to aim for and I'm roughly thinking a 2 HIVE per week investment on each. I probably have the flexibility to invest a bit more each week but I kind of like the sounds of 10 HIVE total per week. From each project I will be tracking what I earn from each token as well as reinvesting anything earned. So say I got a weekly SPI payout, that payout will be used to buy more SPI. So fairly low investment levels with compounding rewards.

I have 5 projects I've picked out right now but I'm still open to adding/changing a few of them if anyone has any suggestions. The 5 projects I have joted down right now are SPI, BRO, M, LEOMM & dCity.


SPI

Everyone has heard of SPI. It's a growth token perfect for stashing on hive-engine and leaving it to grow. The fund I believe now sits at ~$90,000 in total value and all 100,000 SPI token have been minted and sold. Lots are still being traded every day so no need to worry about not being able to buy anymore. This was the first token that came to my mind when I started thinking about this project.

BRO

Still fairly new, BRO has been blowing up on hive-engine. The project is mainly a curation sharing fund with the potential for some apps or other development down the road. Early returns have been fairly good for BRO but there is still some uncertainty around the project. I'm interested to see where the team running the token can take this project so I'm happy to invest.

M

MAP Fintech has been around in some shape or form for a long time. Two of their new projects on HIVE are MPATH and M. MPATH gives you upvote support in exchange for hodling the token. M is a growth token similar to SPI that shares out dividends each week. I believe the project claims around a 18% APR and I'm interested to see how it works out for us.

LEOMM

I've always been addicted to mining and I just can't start up another project without having at least one mining token. On top of that, I definitely need more LEO in my life and I think slowly stacking up a few miners sounds like a great way to accomplish that.

dCity

Lastly we have dCity, everyone's favorite blockchain game. I'd like to see how we fair building a small income focused city 2 HIVE at a time. We won't be aiming for the top 100 but I think we can still get some very impressive returns from a very focused tiny city. I've never delved deep into dCity before so I'm excited to try it out.


I'm open to suggestions on other tokens and would love to hear about any projects you are excited about. This will be an experiment and I'm excited to see how the project plays out.

Any tokens I've missed out on? Looking for things that don't require a lot of maintenance and are gear for longer term growth. Being able to compound rewards/interest is a huge plus.

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Posted Using LeoFinance



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