My Goal To Accumulate for Long-Term
With the pump in Hive, it may seem counterintuitive to not take some of the profit. Hive reached $3.00 so why not cash in and move the money somewhere else so that you have it for later.
However I can not foretell the future but I do believe that with all of the established use cases, the upcoming airdrops that have been recently announced and the exposure to other crypto investors , Hive has a long way to go (up) in the Long-Term. So my goal will to stay the course and continue to accumulate Hive and the associated H-E tokens.
I established new monthly and year end goals. Here is the post reflecting the goals I will be tracking: https://peakd.com/hive-167922/@darmst5339/what-should-i-aim-for-now
Hive Target
I can share lots of reasons (excuses) why I am not doing better with my accumulation. But I do not believe that you should focus on the excuses. You should understand why you did not meet your targets and then do something about that so that you can do better next time. It may be that you overestimated your target to begin with or that the market forces changed so that your plan does not work the same.
It really does not matter what the reason, you just need to adjust and keep going forward.
My curation APR has dropped to 3.9%. This is not very good and I should be doing better than that. I will be looking at how I can improve that metric in the weeks ahead
This chart shows a very nice upward trend but is it good enough to meet my targets since I am still slightly behind where I was hoping to be?
CTP Target
There will be a new CTP staking challenge that starts on December 1st. I am not staking so that I can do better in that challenge. I also need to work on my CTP accumulation because I am not trending like I had planned.
Alive Target
The ALIVE token pays dividends on a daily basis in BRO and PGM. By accumulating more ALIVE tokens, I am also increasing my holding in BRO and PGM as well. The bad news is that I am behind where I would like to be in my accumulation of ALIVE tokens.
LEO Target
I am working on improving my LEO holdings. However, I must not fully understand how the curation rewards are calculated as I earn curation rewards on some post and not on others. The best option is to just increase my staked holdings of LEO so that my curation rewards start being at least 0.001 on all of the posts that I curate.
I am doing better toward my accumulation LEO target than my CTP or ALIVE so that is at least a some bright spot in the scheme of things but still not where I would like it.
SUMMARY
My focus on Hive is paying off, I have achieved 92.6% of my monthly target. The next closest is LEO at 42%. So as you can see, my accumulation of the H-E Tokens has fallen way behind where I would like it to be. I am a little disappointed in my progress but that is no reason to stop what I am doing. I just need to understand why I did not do as well as I had hoped, adjust accordingly and continue to focus to do better going forward.
EVER FORWARD!!!
Posted Using LeoFinance Beta
Great job on growing your tokens.
!PIZZA
Thanks I have a long way to go but I will get there.
!ALIVE
!PIZZA
!LUV
!LOL
@ijat! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @darmst5339. (1/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
lolztoken.com
But I've lived here for last 216 years, and haven't heard anything unusual.
@ijat, I sent you an $LOLZ on behalf of @darmst5339
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (1/2)
@darmst5339(1/1) gave you LUV. | wallet | market | tools | connect | <><
PIZZA Holders sent $PIZZA tips in this post's comments:
ijat tipped darmst5339 (x1)
@darmst5339(1/10) tipped @ijat (x1)
Learn more at https://hive.pizza.
I think engaging or creating posts on LEO is probably the best choice if you want to make more progress on that end.
Posted Using LeoFinance Beta
It is good to have goals and to be moving forward. This is what it is all about. Keep taking consistent action on Hive and pushing forward. Put compounding to work.
Posted Using LeoFinance Beta
I appreciate your feedback. I plan to do just that. Thanks
Great to see that you keep on growing David, even if you don't meet your targets in some cases, as to token curation use this tool from @achim03 to adjust your vote weight multipliers, https://ref-hunters.ch/votemultiplier/, and enjoy your weekend and stay !ALIVE
@darmst5339! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz.alive. (3/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
Thanks for the suggestion. I had been using the LEODEX vote multiplier but I forget to go in and check it every three or four days then I must reset them to 1 so they recover. I need to get better at that.
!ALIVE
@flaxz.alive! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @darmst5339. (2/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
You should be able to get about 9.5% curation rewards with the hive power that you have. One issue might be that you vote with too little hive power. Make sure not to vote with less than 30% otherwise you will lose the curation rewards of these votes. The other problem that you should avoid is to leave your voting power at 100%. An idea is to set an automated trail with hive.vote and to let it votes when voting power is over 95% for example.
Thanks for the suggestions.
Wow I didn't know there is information on our Hive curation APR! I did a check for mine and it's 6.5% APR for the last 7 days. I wonder if we are able to find a long set of data and what is the methodology they used to calculate. Might want to try to compute for myself.
Don't be too hard on yourself. Any % increase is always positive! 👍
Thanks for the encouragement. It is appreciated.