this week seems to be the steem-engine week for me where I tackle different things that came along with it.
One option that comes with the steem-engine is to hold and buy some miner tokens. This is towards my idea of going into passive investments. You can leave them staked and you earn normal tokens for it.
My choice for the start have been the Leo Mega Miners as they are limited to 70k and have a fixed price of 6 Steem at the moment. I exchanged 10k DECs for them. Not that I think that DECs are not valuable, it is exactly the opposite as they have a market. I wanted to test the process. For the 10k DECs I got some 34 Steems for which I got roughly 5.7 leomm.
I directly staked them and got in 12 hours 0.8 Leo.This is not much, but it adds up as I don't do anything for them at the moment.
I will buy maybe some other mega miner tokens, like the palnet mega miner, just to keep my eggs in different baskets. I like diversification, especially in the crypto market. It is safer on average as an investment can cover loses on others.
I will need to check also some different mega miners on steem engine to see if there are some other interesting. On leo and pal I see that there is a community behind even if the use case is similar if not equal in some cases to steem. But people like to buy different brands so I invest in those that have community support. I did not put any Steem into steem-engine and everything is done either by airdrops or DECs.
Do you have a plan for investing on steem-engine? If yes, could you share it? If not, what hindered you to have a plan?