I Ended Up Buying 100K of NEOXAG

in The City of Neoxian4 days ago (edited)

Last night I purchased 100k of NEOXAG after wondering what I should do with my loose writing income from Hive. I realized that I kind of want to spread it around on tokens instead of letting it just sit there. Not because I have some master plan, but because this feels like the right thing to do right now.

Why NEOXAG? Honestly, I don’t even know how it happened, but over the years I’ve already accumulated almost 1,000 coins. And it has always paid me nice dividends. That kind of reliability starts to matter when you’ve been around long enough to see hype come and go around crypto.

So I thought, okay, let’s just throw my ten euros there and see what happens.

So what’s my next step?

I’ll probably throw the next ten euros I have floating freely into WAIV. Same logic. I already have some WAIV, and it has also been paying dividends in a very steady way. That’s something I’ve learned to appreciate more than big promises.

After that, though, I honestly don’t know.

I can see myself doing this for a while now, just putting ten euros here and there into different tokens. Not chasing pumps, not pretending I fully understand every tokenomic detail yet, but learning as I go. The tokenomics are still confusing, and I’m still trying to understand where the best dividends actually are.

This feels less like investing and more like observing patterns. Feeding small amounts into systems that already exist and watching how they behave over time. Seeing what works and what doesn’t.

If you have any suggestions, tokens that pay nice dividends just through staking and don’t require complicated strategies or delegations etc., I’m all ears. I’m kind of lazy, and I’d love to know which ones I could throw my next ten euros at, sit back, and let time do the rest.

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I am not an financial expert, so don't consider this as advise.
I recently did delegate 750 POB to @pob.voter. The great thing about this is that they do pay the divs in Hive. That's around 0.08 Hive. That won't make me rich, but at least it is building some extra funds for the Hive balance.
I do have around 6.7K Neoxian staked, but no idea what I do get in return.

So I can imagine that from now on all post will have the neoxian tag?

Interested to see, what the ROI is after a month. Keep us posted.

Thanks for the tip! I will look into that as I have some POB staked. I created this tracker so that I can see how the compound effect is taking place as I put all into staking. I estimated that they pay about 10% APR. Let's see how this goes

That's a nice tracker. Build it yourself?

That is inside chat gpt. I will just have to give it screenshot of the daily dividends and it will track it automatically per instructions. It's so easy to create all kind of trackers inside it

I am currently also exploring the power of AI. In my case Gemini.
I am writing an article about it which will be published tomorrow.

I heard gemini is so much better now than chat gpt, but I just don't want to put the same customize effort second time on a AI 🤪 looking forward reading about it

Sounds like a plan, might well consider doing the same.. :)
!HBIT

urielkinnear, you mined 0.9 🟧 HBIT and the user you replied to (pauliinasoilu) received 0.1 HBIT on your behalf as a tip. When you mine HBIT, you're also playing the Wusang: Isle of Blaq game. 🏴‍☠️

Sorry, but you didn't find a bonus treasure token today. Try again tomorrow...they're out there! Your random number was 0.7119334505242062, also viewable in the Discord server, #hbit-wusang-log channel. | tools | wallet | discord | community | daily <><

Check for bonus treasure tokens by entering your username at a block explorer A, explorer B, or take a look at your wallet.
There is a treasure chest of bitcoin sats hidden in Wusang: Isle of Blaq. Happy treasure hunting! 😃 Read about Hivebits (HBIT) or read the story of Wusang: Isle of Blaq.

There is something magical about the daily dividends, It makes it like a fun game. Thanks for the tip! I didn't have that token yet ☺️✌️

I guess that I am kind of a Hive maxi, so I don't really invest in tier two tokens other than SPS. That token you can stake in the game and get over 10% APR:

In general I like to put everything I earn on Hive back into Hive to raise my voting power. I would recommend that you double your staked Hive before you invest anywhere else, because that would get you to 2 cent vote at 100% and you will be able to vote on things and not worry about the dust issue...

I thought that I am already over the threshold? I am not super familiar with it, but the rewards are okay

I think you these curation rewards are when you vote on something that already has votes so you don't have to worry about dust issue. If you just upvoted a commend that nobody else voted on your vote would be lost. Read this:
https://hive.blog/dustsweeper/@dustsweeper/dustsweeper-s-faq

Aaaahhh, so it's pointless for me to upvote comment atm? I did some math. if my posts perform as the have been doing, I will cross the 2500 HP threshold in 12 months just by writing. That should give me the 2cent vote?

Yes, at the moment even 100% upvote on a comment that doesn't have any other upvotes is lost for you.
Take a look at this and in the Pending Curation rewards section do you see any rewards to you for upvoting comments?
https://hivestats.io/@pauliinasoilu

I will cross the 2500 HP threshold in 12 months just by writing. That should give me the 2cent vote?

Depends on the Hive price...

Another benefit of 2 cent+ upvotes is that people might notice you more as those show up in the PeakD Notifications like this:

Oh! I didn't know that there is so much data out there. But what that shows is that I will eventually build up HP just by writing, and it will be probably always be the driving force, not upvoting. Even if I double or triple my HP, it will not match author rewards

and it will be probably always be the driving force, not upvoting

Depends how successful you are on Hive... If you were as successful as one of Hive's top authors Taraz you would be making more in curation rewards. Take a look at his seven day curation vs author rewards: