My 2024 Hive Goals Update 3/1/24
I joined the #saturdaysavers group recently, so instead of staggering these posts out every few weeks my goal is to post these on Friday nights.
It's always good to revisit goals to track progress, and posting about it is a good way to cement it in my mind. It also acts as a subconscious reminder.
(Created using Bing)
Hive Power
My primary savings goal is to reach 5000 HP by the end of the year.
Starting from last Friday, I was at 2,361 HP. I've been putting a small amount of money into Hive each month and powering up, and will keep that pace throughout the year. So far, I'm at 2,653 HP.
Once the HiveSQL issue is fixed, I'm expecting a large back payment due to my DAB holdings, and I'll likely use a large portion of that to power up further.
EDS
I took a lot of the funds from other investments I sold and put those into EDS, since it pays nice weekly dividends.
I've stopped buying EDSMM (EDS Mini Miners) since I'm now at 200 and those are giving me steady mining rewards. I'm holding my delegation to @eds-vote steady and mainly focusing on building my EDS-D holdings with recurring HBD payments, to help bring in more EDS for me. Right now I'm at 103.97 EDS and want to be at 130 EDS by the end of the year, between all of these methods. At this rate, I should get there without any issues.
BRO
Right now, I have almost 26 BRO tokens, which is a little up from 24 last week. Considering one BRO sells for 7-8 Hive right now, I'm keeping my goal here extremely conservative. I will try to bring my total holdings here to 30 since I'll pick up some off Tribaldex as I sell off random tokens. I'll likely exceed this goal before the end of the year which is fine, since I'll simply shift greater emphasis to some of my other remaining goals.
DAB/DBOND
I'm currently staking 1000 DBOND to mint me new DAB each day. I plan to try and increase that to 1200 by the end of the year.
I have 655 DAB now. I currently get about 0.176 DAB/day. My original goal was 630 DAB, so I'm moving this goal to 720. I've been buying up DAB for 2 Hive each as they get sold on the open market.
LGN
I originally was delegating to stickupcurator to get Legion drips. I stopped since some have been dumping Legion for cheap. It's normally around 1 Hive each, but has recently dipped to 0.82 each, so I took advantage. I have a little over 100 staked right now. I'll likely move my goal to 150 since I plan to steadily buy more at some point this year.
2024 End Goal
My overall goal with these investments is to get in while they're cheaper and maintain a daily and monthly Hive drip, not including my regular posting regiment. With everything included, my goal is to bring in an average of 6-7 Hive/day by the end of 2024. I'm currently at about 3.1 Hive/day so there's still room for improvement, but I see myself getting closer to this goal as the year progresses. I may take some profits during this time, but the majority of earning will be reinvested to keep growing.
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I think my problem with these tokens is not being able to monitor em when they're cheaper.
Is there a specific app to use or you just happen to go periodically on tribal dex...
I just keep tabs on them with Tribaldex. You could also look at historic pricing and place a buy order at a price you like, in hopes someone eventually fills the order. I've gotten lucky doing that a few times.
My luck on buy orders are so bad that I've resorted to full time swapping on keychain...
The wait before an order is filled is appalling..
I don't blame you
Post voted 100% for the hiro.guita project. Keep up the good work.
New manual curation account for BEE and Cent
Thanks! 🙂
Nice! You have a nice HP goal like I do, but I may start taking profits if the price gets high enough which may slow me down!
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@bulliontools! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @thebighigg. (9/50)
I may take some profits from my token investments, but I don't think I'll do a power down. I'd really only be converting Hive to gold, and it still takes almost 600 Hive to buy a 1/10oz of gold because gold keeps going up.
Thanks for the dhedge!
!BBH
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All great goals! I have been staking all my DAB so that I can get more DBOND, but leaving some unstaked to get that hive to help my account grow is a good idea. Keep buying LGN! Every time Ray or stickupboys does a mass buy and pumps that price to 1.5 hive, it makes my wallet look so much nicer.
!PIMP
You must be killin' it out here!
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You earned 5.000 PIMP for the strong hand.
They're getting a workout and slapped 2/3 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Thanks! Doing some quick math, you'd get about 0.0054 Hive per DAB unstated, so if you left it all unstaked you'd get about 0.42 Hive/day I'm drips. You'd get about 12.6 Hive/month, so then the question is can you mint more than 6 DBOND/month staking all of your DAB? If not, then I'd leave it unstaked and take 6 Hive and buy 6 DBOND/month on Tribaldex, since it's under 1 Hive right now.
Thanks for the advice! I definitely plan to keep buying more LGN. 😁
!BBH
@dbooster! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bulliontools. (18/20)
You are making some pretty nice progress there, and are chasing many of the same tokens as me. I'm quite enjoying EDS, DAB and DBOND - I like th epassive income they all give.
Best of luck for the week ahead !
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@bulliontools! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (1/10)
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Thanks! Yeah, I like the passive income stream. It's nice, especially if I'm unable to post for a few days, I know the income from it makes up for it a little bit.
Good luck to you too!
!BBH
@hoosie! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bulliontools. (5/20)