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How I'm saving by hodling WEED, LEO, PEACE, and CANNA tokens!

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@drutter
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Welcome to the 96th weekly installment of my series on Steem income and growth!

Income on this blockchain is generated by "investment" (the more currency you have, the more you earn) and by "work" (earning currency by contributing content that adds value). I'm working to earn STEEM by creating (and curating) valuable unique content.

Here's the running tally, including my wife @MediKatie and our joint account @GirlsofGreen:

Average weekly growth (last 10 weeks): +34.4 Steem (+1.19%)

I directed some of my income into the token world this week, so our weekly growth in STEEM only added up to 21. That was still good enough for about .7% growth, but the 10 week moving average dropped to 1.2%.

Not that it's directly related to income, but my reputation has passed 67 3/ 4 , meaning I'm currently the 1831st most reputable Steemian. I've never bought votes to jack up my reputation - that's all organic, right from the start 2 1/ 2 years ago.

Organic, just like my cannabis... and that's a good segue into talking about my favourite token....

Until a few months ago, I stayed out of the token world, preferring established cryptocurrencies like STEEM and BITCOIN. As I understood it better, and got a feel for it on multiple levels, I dipped in my toes. Not only did I start to collect, transfer, trade, and use the tokens... but I created a token currency of my very own, the Peace Token, which is slowly establishing itself in the minds and hearts of Steemians, and in the token marketplace as well.

CANNA is the token run by a few guys that make up "@canna-curate" here on the Steem blockchain. They also have several other side projects and accounts. CANNA is a token that feels a bit like shatter or hash, to me. It stores well, and it's packed with goodness! Yum :)

The way they incrementally sell blocks of the currency is appealing. This doesn't flood the market with cheap tokens all at once, but dishes them out in a way that the community can disperse them and begin to transact with them over time. The price therefore remains relatively stable, which is important to some investors, who prefer to hold the commodity, rather than trade in and out rapidly. This encourages stacking (and bigger hodlings).

For me, whenever I have a few bucks worth of 'free' tokens in my wallet, I'll convert them into CANNA, and sit on it. So far I've got 302, a value of about $50. They're selling for 1.1 STEEM each right now, and there are only 3700 left at the current price level. I believe the price will reach about 2 STEEM each by the time they're done rolling them out, and that's potentially only the beginning of their eventual price. If they find more uses over time and continue to be recognized in the community, who knows?

For now, I think it's just good to put your savings into things you believe in. For me, that's generally gold and silver bullion, but in the digital world, I like Bitcoin, Cardano, STEEM (fingers crossed on that one), and tokens like PEACE and CANNA. As I've said many times, I'm not an investor, I'm just trying to use money and currency I believe in. It's an evolving process, nowadays, with all the changes (and the cashless society being shoved upon us), but also an interesting one.

DRutter