1200 Staked SPS (2025.06.29)
Nowadays I build my SPS stake by investing small amounts of money in it at a time, because it is a high risk investment, and I rather prefer low risk investments.
At least this is what I nowadays think about SPS after I witnessed its huge price fall in the previous few years from around $0.90 USD to around $0.007 USD (currently it is $0.0074 USD).
Today I bought 185.29 SPS for 6.88 SWAP.HIVE.
I staked 185.85 SPS.
Currently I have 1273.82 Staked SPS.
I invest in it mostly for its interest rate, which is currently 11.34% APR, and for its relative low price (below $0.01 USD).
But of course it can go even lower anytime.
And this is why I prefer not to buy larger amounts of it (at least not suddenly).
The high risk.
Today it is around $0.0074 USD.
Maybe tomorrow it will be $0.005 USD. Or even lower.
Who knows.
But I continue to regularly invest small amounts of money in it to build another source of passive income, as long as its interest rate is good.
Of course this is not an investment advice.
Everyone should do their own research before investing any money into anything.
I wish successful investing to everyone.
What are you earning (getting) for staking SPS? Any hive drip daily/weekly??
For staking SPS, everyone earn Vouchers and SPS, which can be claimed anytime they like. Even daily, or even more frequently, if they like.
The current interest rate is 11.34% APR.