All In Good Time .:. #MyHiveGoals 2023
This title will serve me (and maybe you too) as a reminder that patience is one of the most important things in investing... The first month of 2023 didn't pass yet, and I already have doubts about my goals... 😃 Maybe I have created some goals too high, or maybe I have created some others too low? It is a fact that it's too early to make any conclusions as there is plenty of time ahead... Tables can turn many times in the rest of the year... Besides that, I'm training my patience in something else too...
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As I have activated a bot to play on my Splinterlands account, I got additional "free" time in my life... 😃 It's not too much, but it is around an hour per day, which isn't that bad at all... So, instead of hitting the sofa and binge watch some TV show, I returned to trading! 😱
After my not-that-successful FOREX trading excursion 15 years ago, I did some crypto trading in 2017... But, we had a heavy bull run that year and everyone was successful in trading, so I don't count that at all... Also, I don't count my occasional selling the spikes, and buying HIVE for a lower price, as that's more like investing for me...
I have reactivated my old Bybit account and began to follow charts, different trading strategies, and of course, learning a lot about risk and money management... The last two are probably the most important and that was something that I didn't know in my first trading attempt... The problem is that now, I do know this stuff, and all that sounds logical and has sense, but the reality is something completely different...
As much as we want to be "emotionally disconnected" from our trades (or investments), as humans it's hard to do it in reality... It's hard to see your trade going into the red when your strategy says HOLD!!! Then doubts come... Was my decision good when I opened the trade? Am I smarter now and I should close the order?
Back to #MyHiveGoals... In the beginning, let's check out HiveStats...
screenshot from hivestats.io
Speaking of patience... I said to myself that I will not sell any of my HIVE tokens under $0.50 (and will consider that number too 😃), but on the other side, I said to myself that I will accumulate more tokens if the price goes to 30-35 cents area... So, at this moment, we are around 40 cents, and I'm "on hold"... Waiting for the price to go in some of those two directions... All my HBD tokens from author rewards are waiting in buy orders on the market, and all my Hive Power that you can see in that chart are from curation rewards and HP author rewards...
Also, just a reminder for everyone, the next #HivePUD is close, so prepare your liquid HIVE!!!
One of the goals that I have maybe put too high is my LEO Power goal... I don't receive too many LEO upvotes at my posts and most of my earnings are from curation with existing LEO Power and liquid LEO that I get for my delegation to LEO Voter... When my HP grows more, I will add a bit more to my existing delegation to push this goal up... Until then, consistency and patience... 😃
GAMING GOALS - Flexible Goals
On the other side, I'm happy that I have added my favorite game, RISING STAR to my goals list... This was the "most relaxed goal" in 2022 and I will try to keep it like that this year too... Yes, I'm going down in game rankings, but I'm happy with my consistency by opening packs 3 times per week for months (or maybe even a year)... Also, I have added a small addition to my gameplay... I have decided to support more musicians in the game and I will buy at least 1 record from some of them every week... I know that it's not too much, but it's better than nothing... When my income goes up, I will do it more...
I said in the beginning that I put some goals too high, and others too low... Well, I think that my GLX token goal is maybe too low... The price tanked more and I will probably buy more tokens because of that... So, maybe I will raise that goal in a month or so, but that depends on game development and future FOMOs that will be created for sure... We all know that the Splinterlands team are experts in those things and I have no doubts that it will happen with GLG/GLS project too... When the price goes up, it will be hard to continue to accumulate at this pace...
As you can see from the table above, the only goal that I have reached this month is my GLX token goal!
It's time to update the numbers and put them into the spreadsheet until the next week! So, freshly updated numbers for #MyHIVEGoals, on January 29th, 2023 are:
These are my initial goals for 2023 created on January 15th, 2023::
Join me in this awesome #MyHiveGoals and let's grow together! It is fun, it is motivating, and it will keep you focused!
Thank you for your time,
PS. None of this is financial advice of any kind...
If you want to support my witness, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses, or just scan the QR code down below...
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
You can also find me on LEO Finance .:. Twitter .:. LBRY
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I also believe in a short-term decline to buy. but in the long term I expect a high much greater than 1 dollar.
Congratulations stay focused soon you will hit your goals and double them!!!
Voted your proposal in tribaldex!!!
Thank you soo much!
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I would like to see HIVE over a dollar... Getting there (and staying there) will take some time probably, but until them, the goal is to accumulate as many as possible tokens... 😃
Thanks for the support! Appreciate it!!!
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I hope you will do much better this time around from trading. Were you surprised by this early uptrend in crypto or not really?
I have to admit that I was pulled by everyone else who was expecting a pullback from Bitcoin in the last 2-3 days... It's crazy how straight up it's going! I hope it will have a small break for a couple of days, for a sake of a healthy uptrend...
Also, the thing that I like is that we saw "decoupling" from the traditional markets and the next stop will be to see altcoins "decoupling" from Bitcoin... It looks that HIVE already did it as it doesn't care when BTC goes up or down... lol...
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Well, many say this is the year of bitcoin... And thus, alts may suffer to feed bitcoin's growth.
Good luck in the trading. It looks like the bull market is now on, especially if Bitcoin makes the next leg up!
It is very close to going over 24-25K and when that happens, every option is possible... 😃 The next week or so is crucial...
@mypathtofire, @ph1102(4/5) sent you LUV. | tools | discord | community | HiveWiki | NFT | <>< daily
I think I need to buy some crypto before the rocket takes off!!!
Very well expressed, ph! 😊
Long-term patience and determination tends to pay off in diversified investments in blossoming industries. Cryptocurrency as an asset class has this potential due to the underlying technology. As Journey once said, "Don't stop believing!"
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Thanks for your kind words! They pay off indeed!!
I guess I am allowed to say that trading is another career path of yours. Good luck to you .
Also, this is my first time hearing that a bot can play on splinterlands
That is so interesting.
Thanks! I will need luck and a lot of patience! 😃
Regarding bots for Splinterlands, there are a couple of them, and a lot of times, they are playing better than humans... 😂
Have an awesome week!!!
@rafzat, @ph1102(1/5) sent you LUV. | tools | discord | community | HiveWiki | NFT | <>< daily
My goal this year is to save up HBD 365 days and put it in the savings but we'll see how that goes, will be joining in this #myhivegoals. I don't put on max amount I save up but as long as I put it in a little bit daily that counts :D and definitely gives better return than the bank that I have over here.
That's for sure... I hope we will have more chances to spare some HBD when the HIVE price goes up! Rewards should be better and HBD amounts too...
@macchiata, @ph1102(2/5) sent you LUV. | tools | discord | community | HiveWiki | NFT | <>< daily
Nice progress on your goals and I still play Splinterlands daily. Isn't the bot kind of costly to use unless you got a ton of archmage tokens? Do you think the bot plays better than your or worst than you?
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I'm using XBot and it is playing better than me... lol... I thought that I'm playing fairly well, but it's giving better results than I would do... Also, it saves me a lot of time and stress 😃
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Even if one sets objectives, one must always be flexible because circumstances change and we must change with them or we will be left behind.
You are 100% right about that... Circumstances change and we have to adapt...
@yeckingo1, @ph1102(4/5) sent you LUV. | tools | discord | community | HiveWiki | NFT | <>< daily
Those who are buying hive under 50 cents will be very much happy in the coming bull run.
Exactly! Just earned 200 HIVE more with this small HBD pump! Cheap/free HIVE!
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Before we know it, Hive might be above 50 cents hahahaha!
@ph1102, @relf87(2/4) sent you LUV. | tools | discord | community | HiveWiki | NFT | <>< daily
Well, it was under 30 cents today! Priced in HBD which pumped, but it was a nice opportunity to grab some (free) HIVE!
The biggest rule of the crypto market is that if we invest in it, we have to be patient, otherwise we will loss. Anyone who has bought hive 50 or 40 cents will make a good profit in the upcoming bull market. If those people will hold his hive, they will be able to sell for two or three dollars.
I would be more than happy to see HIVE at 2-3 USD! Also, I doubt I would power down my HivePower, but would take some profits for sure!!!