Stacking Hive and Blurt!
It's been a while since my last post, but I figured I'd share what I'm doing now with my crypto. I've held off purchasing Litecoin and Dogecoin for the time being because I feel the price of Hive will grow, giving me a good arbitrage opportunity.
The news from the SEC's 'suggestions' on the status of major cryptocurrencies has died down and the value of many cryptocurrencies has returned to what they were a week before the SEC announcement. Yet, unlike Litecoin and Dogecoin, Hive and Hive Backed Dollars offer interest that I can use to my benefit when hedging against other coins. Although the value of cryptocurrencies has become stable again, it is expected that Bitcoin, Litecoin, and Dogecoin will grow, but I do not believe they will grow faster than Hive. With my observation, I've been more focused on collecting and staking my Hive and HBD. On the Hive Engine, I'm also collecting my SWAP.HIVE and SWAP.BLURT so I can wait for the right move to consolidate back into Litecoin and Dogecoin.
Now, as for Blurt. Blurt is a project in which I've been focusing on building influence. Growing my Blurt Power is the main goal with Blurt. Of course, I'm also gathering some SWAP.BLURT, yet those funds will be added to liquidity pools or consolidated into more stable cryptocurrencies.
The more I stack in both cryptocurrencies, the faster my passive income will grow. With that passive income and with positive growth in crypto values, I can live a productive life.
Stack it all!!!