Building Passive Income - Part 2

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:

• CENT:BEE pool
• LEO staked delegated to @centtoken - based on this new post HBD rewards for delegating LEO Power to @centtoken
• SWAP.HIVE:THGAMING
• SWAP.HIVE:BXT pool (Just getting started there)
• PKM:SPS pool
• ZING:SWAP.HIVE pool

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!