My 2024 Hive Goals Update 10/4/24

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I joined the #saturdaysavers group, so instead of staggering these posts out every few weeks. Let's see where I ended up!

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 was to reach 6,000 HP by the end of the year.

Starting from last Friday, I was at 6,648 HP. I've stopped putting money into Hive to power up. Now, I'm growing my HP with what I earn from posting and curating. This week, I'm at 6,729 HP! 😁 At this rate, I just might hit 7,000 before the end of the year!

DUO
I had to include this one because I, @bitcoinman and @thebighigg created this token. If you stake at least 200 DUO, it pays Hive dividends and you can have one post per day curated by @duo-curator! If you stake at least 500 DUO, you can tip others with it! Naturally, I'm at 700 and will be slowly be buying more. 😁

We've already raised over 21,000 Hive, which has all been powered up and will stay on Hive to curate DUO stakers and help onboard others onto Hive!

We pay out 90% of all income brought in from posts, tips, curation, etc., and 10% gets powered up to grow the account.

You can use these links to buy some and get started!

https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO

EDS
I hit my goal of 130 a while back, so now I'll hold this pace and enjoy the drips from it and reinvest those by buying up more EDS. Now, I've begun delegating 1000 HP to help bring in some more EDS. I'm currently at 265. 😁

DAB/DBOND
I'm currently staking 1817 DBOND, up from 1809, to mint me new DAB each day. Since I've reached my goal with EDS, I'll be slowly buying more to try and get to 2000.

A new project called RUG coin started (No joke, and it's being run by silverstackeruk), where you can buy the coin and hold it liquid to earn DBOND. I'll be buying that so I can keep my DAB liquid.

I have 810 DAB right now. I currently get about 0.5-0.6 DAB/day. My original goal was 630 DAB, so I moved this goal to 800 by the end of the year. Since I've accomplished that goal, I'll be taking profit by selling half of what I bring in from DBOND mining rewards.

PWR
I'm slowly adding to the liquidity pool. My goal is to get to where I'm earning 1-2 PWR per day just from the liquidity pool and then keep those liquid in my wallet. Right now I'm at about 0.21/day, since the pool APR has gone up. Empo is paying Hive dividends for liquidity pool providers, so I plan to take profit on half of what I get and put the other half back into the pool.

SIM
This has been my new focus for now. Holding SIM pays a daily Hive dividend, even if you don't play dCity. If you add to the liquidity pool, those holdings still count towards your "SIM power" and you get paid daily SIM for providing liquidity, so I'm basically getting paid twice. I'm currently a little over 6.1 million and plan to keep building this stack. I've started putting some into the liquidity pool each day, to earn me some extra daily SIM.

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 still hovering at about 3.5 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 earnings will be reinvested to keep growing.


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Buy DUO and stake to receive Hive dividends, tip others, have your posts curated and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO




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20 comments
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You received an upvote of 78% from Precious the Silver Mermaid!

Please remember to contribute great content to the #SilverGoldStackers tag to create another Precious Gem.

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Congratulations @bulliontools! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 5000 HP as payout for your posts, comments and curation.
Your next payout target is 6000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Our Hive Power Delegations to the September PUM Winners
Feedback from the October Hive Power Up Day
Hive Power Up Month Challenge - September 2024 Winners List
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You are crushing your hive goals, congratulations to you dear.
Wishing you more achievements.

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conratulations you are way ahead of your goals and are clearly dedicated..
i am also trying to build up my sources of passive income and have begun investing in the SPI family. it's a bit confusing with all the different tokens. i bought some SWAP.BTC way back and have been slowly cashing in the profits to buy a mix, mostly DUO but also EDS, RUG and DAB. i noticed you mentioned:

I'm currently staking 1817 DBOND, up from 1809, to mint me new DAB each day

does staking DBOND mint DAB?

i am a retired carpenter and don't have much experience in this kind of finance. you mention you are adding to the PWR liquidity pool. how exactly do you do that?

thanks for any help you can give.

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Thanks!

Yes, staking DBOND mints DAB. Holing DAB liquid pays daily HIVE dividends.

You can either delegate to get PWR or buy it. Then you can use BeeSwap or the "Swap" feature in Tribaldex to search for PWR in the pool list and choose the option to add liquidity.

I hope that helps. 🙂

!BBH
!PIZZA
!DUO

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great. gotta get me some more DBOND. i have never used beeswap. i will try it. got to get more PWR first
!PIZZA
!INDEED

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