In my quest to make posts less repetitive, I'm going to track some of my long-term investments, or at least that's my intention. This will be a post primarily used to monitor progress, so it may not be very interesting to the reader, but it may also be useful as a guide to follow some tokens that may be interesting.
Image property of @lbi-token
I'm going to start with LBI, which is a passive-yield Hive-engine token that pays dividends in LEO. It's a type of fund that has different assets within Hive, both Layer 1 and Layer 2. But you can follow it yourself here https://ecency.com/@lbi-token, and I don't need to explain further.
My current assets are few, barely 32 LBI, but my long-term goal is to get 1% of the token, which would be about 2,000 tokens. It's a long way to go.
What I like about the token:
- Active and honest management in its presentations, unafraid to explain its mistakes.
- Good timing when making investments.
- Diversified portfolio divided into different accounts.
- Quick position sales without fear. "It doesn't suffer from position crush syndrome."
What I don't like about the token:
- Its position in HBD is repetitive since it is HIVE debt. I think it should invest in off-chain stablecoins where it can achieve an acceptable return, which would give the token more security.
- It hasn't considered the potential of the CENT token, which is probably the token with the most liquidity pools on Hive-engine.