Passive income report | 15th November

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(Edited)

Hi welcome back!

On 22th of October 2024 I started building a passive income portfolio here on #hive. Link to post My starting point was a portfolio worth $3924, which generated a daily passive income of $4,21.

Today my portfolio is worth $16704,- which generates a daily passive income worth $13,04. Although with a larger portfolio you have to be a little less aggressive in pursuing higher APR, I am no where near done with building a stronger and more sustainable passive income stream.

What is new:

  • I started with building some pools that function as a hedge to reduce some of the risks associated with my exposure on #hive. These positions do not offer daily rewards (ignoring trading fees added to the pool) - so my portfolio APR is reduced in favor of less risks.

  • Started increasing my Hive Power and LEO Power, while delegated they offer a nice steady APR - which can be using to further build the portfolio. Will continue to build on this for the forseeable future.

  • Added some smaller pool positions (WOO and CCC pools), good APR and although risky - it is only 1,2% of my portfolio so I can play around a bit :)

What is next:
I will be working on 4 different growth goals at the same time and now reached a point where I do not need any additional external funding to speed things up.
If the expected alt season is indeed near - I would be set just in time and will be able to maximize the revenue.

My next goals:

  • increase hedging positions (also eying BNB pool)
  • HP and LP to higher levels.
  • DUO to 5000 coins
  • HBD savings accounts

Thanks for reading my post!

Would love to hear your suggestions!

Posted Using InLeo Alpha



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3 comments
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Very nice progress and I really like you goals. Passive income really is the best kind to be earning, you don't even have to think about as you earn!
!BBH

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