Slightly behind my benchmark to reach my yearly goals
On the 25th of December, almost a month ago, I have set my goals for the year 2022. I have reduced the number of my objectives to concentrate my efforts on Hive an HBD. Which doesn't mean that I won't try to accumulate tokens like CTP and LEO. It's simply a matter of putting priorities.
My goals for 2022
| Token | 25th December 2021 | Target |
|---|---|---|
| Hive Power | 18'824 HP | 35'000 HP |
| HBD | 5'774 HBD | 10'000 HBD |
These were the goals that I had defined. Let's see where I am at the moment. So far 29 days have passed, or 7.94% of the year. This will be my benchmark. That's the increase in tokens that I should have today to define whether I'm on track to reach my goals.
Hive Power
Today I have 20'108 Hive Power. This is 1284 Hive Power more than when I started. I plan to increase my Hive Power by 16'176 HP until the end of the year. This means that I have reached 7.93% of my goal. I'm almost precisely on my benchmark for Hive Power.
HBD
On my savings account I have today 6062 HBD. This is 288 more than when I started. To reach my goal, I will need a total of 4226 additional HBD. So far I have reached 6.8% of this goal. I'm therefore about 1% below my target.
What to count?
I have actually more HBD and also Hive but a lot of it is on hive-engine, in orders or even liquid. I want to make sure however that I only count what is either staked or in my savings account. Sometimes I prefer to put some tokens into diesel pools rather than to stake them. I believe this will allow me to grow faster.
Conclusion
So far I'm on track. I have put some money aside to profit from the price dip. I hope that I will be able to purchase Hive cheaply and reach my goals. I plan to continue with my good habits to stake 1000 hive on the Hive Power Up day.
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I’m way behind my goals too. Sim earnings going down will slow my goals for a bit. !PIZZA
You have quite a big amount of SIM there. I also have some and I like the daily income in hive. Hope the earnings will go up again.
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Best of luck :)
Thank you :-)
I didn't pay attention that you put your HBD goal that high! That's a huge number of FIAT 😀
It's great to see that you are on the track for this first month! Keep on pushing!
My HBD savings account has become the study account of my kids so I want to push it as much as possible :-)
Well, I hope they will go to university before inflation eats it up... lol...
Haha, I hope that I will be able to compensate inflation until then lol
Wow 1k HIVE on the hive power up day goes a long way. I don't think I can even earn that amount in a month. Are you taking profits from other sources to get that amount?
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Most of the profits come from SL. I sold some GFL when prices were very high and swaped it into Hive :-). To be honest, I think this will be the last time that I can do such a power up from this sources :-)
The best way to achieve your goals is to make a plan and track your progress. I have no doubt you'll achieve yours.
Wish you all the best for this year, you're gonna make it 🤞
Making a plan is definitely the first step to reach the goals. Thanks a lot for your kind words and stopping by!
Wait a minute... your good habit is to stake 1000 hives on the Hive Power Up day? 😮It's a tremendous amount in 1 day. Shocking truth... Keep strong and go for it~ 💪HBD savings is 12% APR rn. I still don't know how it works tho... Maybe I'll read more about it later.
I've been staking 1000 Hive on the first of each month for 3 months in a row now. I try to do it as long as I can :-).
I definitely love the HBD savings with 12%...
I just can say 2 words for that "How rich" 😮
Honestly, these power ups were all financed with a couple of GFL legendaries that I had sold at a very good price :-)
You're doing great man! You were very inspired with that 1k HIVE power up on Jan 1st, considering the source you used to buy HIVE.
It will get a bit more difficult to keep the pace with lower hive prices. Especially for HBD :-)
Yeah, that's why I wanted to push more towards HBD while HIVE is still at a decent value, even if that might cost me the HIVE target on the short term.
All the best in your goals! I didn't set any plans for myself - just wanted to take this as a casual hobby for now. :)