Account growth for March.
Every month is another chance to grow.
I have to say that was a very fast month. I barely felt it going past.
This has been a very busy year to date but I'm delighted to see such steady growth across hive in general.
I feel that we are maturing as an eco-system and that it will come together at some stage in early 2023 if the markets can stay at these levels over the year.
We are seeing slight growth in users and huge development. There are a lot of apps in the pipeline that will launch over the next twelve months and any one of which could 5x or 10x our daily active users.
For me personally I will keep stacking as hard as possible and try to hit my goals laid out at the start of the year.
Goals for 2022
This year I will keep it simple and focus on the most important parts of the eco-system.
The parts that I can effect.
- Hive Power 100,000
- HBD 20,000
- Leo 100,000
I'm still all in with Splinterlands but that is working away by itself for now. I'll keep my gaming separate from my earning.
HIVE for future investment and HBD for safety and security in the long run. I am hoping to really bring this number up over the next few years so this is only step one of that goal.
Monthly growth.
- Hive Power 54,272 (- 1344 )
- HBD 3,383 HBD ( + 287 )
- Leo 23,519 ( + 1,846 )
Yearly growth.
- Hive Power 54,272 ( - 1,137 )
- HBD 3,383HBD ( + 1,023 )
- Leo 23,519 ( + 8,486 )
Thoughts on February.
This has been a very good month for me on Hive. Not even counting airdrops for Larynx and Polycub my earnings have been very steady. I managed to post over thirty posts and increased my commenting. Two very important metrics for me.
Creation and engagement.
This can be seen in my earnings for the month with,
452 HP in author rewards.
239.99 in curation rewards.
Top this up with 33 HBD in interest payments and it's exactly where i would like to be.
There is a large powerdown from my account but this is entirely temporary. I want to buy a new car and need to get the funds from somewhere. With the price of hive over $1 at the moment it seems like the best place to take some funds from. I have moved it all to cubdefi for the moment to build up some interest and will hopefully buy back some more hive next month when the prices dips down again. Or if it keeps rising i will keep selling to hbd and buy back when it does dip again. It always does.
That is all part of the Hive game. Trying to maximize other ways to earn and increase your power. Trying to get there by writing alone would take far too long so you need to jump in and out of good opportunities where you can as well.
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It's good idea. I sold some hive for hbd. Before when hive was up, I did nothing. So this time I have some hbd. And if prices dip then I sell hbd and buy hive. Now I am more balanced, if swings either way it's no problem !
That's a good way to play it safe.
Anytime that Hive is over a dollar I'm happy to trade some for HBD and let it earn 12%.
If the price goes higher I still have more hive and will be happy. If the price drops then it's a smart move and i can buy more hive again later.
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I wish you good luck for 2022 goals. Hive, HBD and LEO all are now biggest asset for us and having goals for it really worth it.
Thanks for that.
Those are my biggest assets combined with $CUB which is a great one for passive income.
They are my favorite tokens and the ones that have the most use case.
I find goals a great way to stay motivated and to keep growing on a daily basis.
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Is that a negative on Hive? Are you buy HBD or LEO with that power down or fully going towards that car?
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It is a negative for the moment. My goal is still to hit 100k by the end of the year but I was hoping for a big market pump to sell some off and buy back cheaper.
I need to sell some crypto to buy the next car but i don't want it to be my hive. I have few thousand in rune, cro, ripple ect that i would rather dump.
Option B is to buy more cub with it and then keep selling back the daily interest to buy back the hive over time but get the polycub airdrop.
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That's an impressive goal! But I see you are showing up every day so I'm sure you'll make it. Good luck with that!
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It's no fun if it's too easy.
I like to set a challenging target and have to work for it.
That's all part of the game for me and keep me interested.
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You are making decent progress with those author and curation rewards. I was never really too big a fan of the trading and buying back section of things because the market prices are unpredictable. The hive itself has a lot of potentials so I can see higher prices but I do think lower prices might happen in the short term.
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My posting rewards have really increased over the past few months.
I have made an effort to post once a day on leofinance and have gotten some great rewards for that.
I have also tried to post a few times a week to other tribes regularly which opens my content to a lot of other users.
Places like cinetv and splintertalk offer some great contests to participate in and adds up over time. Then as you grow the curation rewards grow with it.
We will see higher prices in the long run but im not in a huge rush. Years rather than weeks from my point of view. We are still a long way off the goal.
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Those are so massive goals mate. I am pretty sure you are going to crush them. Showing up every day definitely helps to achieve them. The compounding effect will kick in and give you exponential growth as you move toward your target.
All the best for the car mate. Which one are you buying if you don't mind telling me? :)
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As we say around here,
"Go big or go home."
There is no point in playing the game unless you are playing to win. That's where the fun lies.
The compounding effect of hive is a massive and you can see it in those people who show up every day and engage with the chain.
It is well worth doing it over the course of a few years. At the moment my account is number 279 out of 2m but I want to get into the top 50 sooner rather than later. I'll aim for top 200 this year and then go again in 2023.
It's a fun game to play.
Unfortunately i have to go for a reasonably sensible car with my next one as it's all about that boot space for toys, golf clubs and buggies.
Thinking of a Skoda Superb sports line or Ford Mondeo executive line.
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Top 50 soon! Sooner than you anticipate. I made a commitment to myself to show up every day on Hive for the next 5 years. I know it's not going to be easy but going to be fun. Let's see what heights you and I can reach by them.
Great choices! Looks like you travel with family and play golf. For those purposes, these two are solid choices.
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Good idea to diversify and make gains where you can. I need to play smarter as this part has never really been part of the plan and will definitely look at this. The only thought was when Hive was much higher to buy more into HBD and take advantage of the 12%
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I don't do it often but if there is an opportunity to move funds out, multiply and buy back hive later I'm all for it.
Writing and voting is a great way to build steadily over time but if i can buy cub, get an airdrop. Sell back that cub to hive as well as polycub to hive its a free way to increase my power.
HDB is the easiest way to keep growing and anytime that hive is over $1 i'm happy to dollar cost into it as i'm fairly sure that we will drop under $1 again at some stage and i can buy back more.
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Solid plan and nice growth. Stack baby stack! :P I was scrolling down when reading the post and hit the 'what are we going to do today'
:)
I immediately pictured Pinky and the Brain.. I remember watching Animaniacs after school..
Awesome!
That's what we do every day. Once you get into the habit it just comes naturally.
Log in and get active.
I love being able to do it.
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Im with you on stackin Niall. Pinky and the brain is friggin awesome too. Classic animaniacs.
!PIZZA
Just stack every day.
All the tokens all of the time.
Then we will take over the world.
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