Fresh Start! .:. #MyHiveGoals 2023 Initial Post

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We are deep in 2023 and I didn't create #MyHivePost for this year, yet?!?! (list of excuses comes here 😀) The main reason for this "late start" is that I was searching for my focus for this year... The last year I put a bit too much pressure on myself, especially on my HivePower Orca rank goal, and in some moments I lost the fun of doing it... I don't want to repeat the same mistake this year, so you will notice that I have narrowed my focus...

Why #MyHiveGoals?

Everyone who does this type of post has their reason for doing it... For me, these yearly (monthly, weekly) goals help me to stay focused and motivated on a certain project, or token...

What's the purpose of doing it?

Like I said above, it helps me to keep the focus on important tokens... By doing that, I the most of my time (and money), and I'm using these tokens, which help me resist FOMO and FUD temptations... And they can be very strong and powerful... But, if I have already determined priorities, I wouldn't lose (a lot of) money on other side-projects that are most of the time just distractions... But, that doesn't mean that I will miss them... It means that I will not "ape" into them with 100%, but rather with 5-10% of available assets which is exactly the amount that is appropriate (or maximum)...

Does it work?

In my opinion (and personal experience), it does work... Thanks to #MyHiveGoals, I have reached the ORCA rank in 2022, which I wouldn't reach if I didn't follow my progress, tweak it, and work hard during the whole year...


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Created in Canva.com

What will be my focus this year? Some obvious picks and maybe some surprises... Let start...


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Firstly, let's check out HiveStats for the beginning...


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screenshot from hivestats.io

As always, the most important goal of Hive is Hive Power... Last year, I have almost doubled my HP, from 29K to 56K, but it was a lot of pressure to get there... Yes, curation rewards are higher when you have more HP, but they are under 10% per year, so most of my Hive Power came from my author rewards, or by exchanging some 2nd layer tokens into HIVE... I can't remember that I bought some with fiat money last year, so all tokens were EARNED in some way...

Of course, that means that I sacrificed taking profits from HIVE... And we had some nice prices of HIVE during the last year... In some moments, it was over $1 which isn't bad at all... Later in the year, it went down as the whole crypto market, so I wasn't tempted at all to sell them... But, this year, I will try to take some profits if the price goes up...

My main dilemma for this year's goals was... Should I add an HBD goal or not? For me, accumulating HBD tokens is like taking profits, and not supporting the "crypto idea" and point of it at all... As HBD is "kind of pegged" to USD, it's like holding the fiat... Also, selling HIVE for HBD when the price is low has no sense at all... So, I will try to accumulate HBD this year if we see higher HIVE prices and it will be my "silent" focus... Also, having some HBD in savings should be my cushion for the next bear market ("wth?! We didn't leave this one yet and you are calculating for the next one?" 😀)

Long story short, I will try to reach 75K Hive Power by the end of this year... It is 8K HP less than I did in 2022 and I hope that the difference will be my profits in 2023... Less pressure, more fun... 😃


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I know that bear markets are boring and painful, but they are the perfect time for accumulating tokens that you believe in... And also, it is a perfect time for developing projects, or improving them... To be honest, I didn't see many Hive-Engine tokens (projects) developing new stuff... Most tribes are just waiting for the bull market to solve their bad tokenomics with new money coming into crypto... But that's not a solution at all...

One of the rare, good examples on the 2nd layer is LeoFinance... They were developing new stuff during the bull markets, but also, during the bear too! Maybe some of them weren't a success, but they were trying to innovate and experiment... In new technologies, like crypto, nobody has done things before you and you have to experiment and take risks...

That's why the only 2nd layer token that I will focus on will be LEO Power... Last year, I have accumulated 3400 new LEO tokens, and this year, I will try to add 7K on top of that... It's double the amount of what I did, but I think I can do it... So, the final goal is to have 25K LEO Power at the end of 2023!


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GAMING GOALS - Flexible Goals

You know that I'm a big fan of blockchain gaming, but lately, I'm a bit lazy to play the games... But, I do believe that "traditional gaming" will make a leap into crypto and blockchain tech and that's the main reason why I want to be "exposed" to that future trend... Maybe I will not PLAY games a lot in the future, but I will invest in certain tokens and new projects...

The game that I like to play (or better say click 😃) is RISING STAR! I will continue to support the game and accumulate cards... As my account has grown, I will try to move part of my profits into supporting more musicians by buying their NFTs in the game... I was doing that occasionally, but I will try to do it more often this year... So, my goal for this year is to collect additional 6600 NFTS in the game, which is almost the amount that I have at this moment... So, at the end of the year, I would like to have 15K cards!!!

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The next goal is maybe a little surprise to some of you, and to me too... You have probably heard about the collaboration between the Splinterlands team and the MLSPA (The Major League Soccer Players Association) on creating the new trading cards game on HIVE... The game isn't developed yet, but it is WIP (work in progress)... The main token (GLX) is already out and you can earn it from the airdrop, but also by staking it...

As I missed Splinterlands at the beginning, I have decided to take a risk with the GLX token... From the very first day, I'm staking all my airdropped tokens and buying slowly tokens from the market... It is a huge risk to buy an asset that has no more than speculative value and I'm aware of that, but higher risk usually means higher profits down the line... We will see how this will go... I have read the whitepaper more than once and I think that the tokenomics (more tokens will be "interconnected") are good, but still, we have to wait for the game to see how it will move forward...

As the APR was huge at the beginning, I have accumulated a nice amount of tokens to this day, almost 34K... The APR is going rapidly down, but also the price of the token... I don't want to exaggerate with this goal, so I will try to reach 88888 tokens at the end of the year... As I have bought a lot of tokens while the price was higher, I will try to take some profits during the year... My main idea was to own 0.10% of the total staked tokens on the platform, but that is maybe a too big expectation... 😃 But, if the price goes down a lot, I will not hesitate to acquire more tokens... :)

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In the end, I would like to say something about my previous goal and tokens... I have excluded tokens like WORKERBEE and BEE from #MyHiveGoals this year as I have accumulated a significant amount of them... I will continue adding more to my bags, but I will not have my main focus on them...

The same goes for the SPS tokens... I didn't sell any as I think that HODLing a governance token that has many additional use cases is a good option... It allows me to have passive income, which is the ultimate goal... 🙂

Also, along with the tokens listed in the future reports, I have some others that I will continue accumulating... Mostly tokens that have good tokenomics, but with "less attractive" APR...

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These are my initial goals for 2023 created on January 15th, 2023::

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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,

~ph~

PS. None of this is financial advice of any kind...


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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...

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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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46 comments
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Solid goals and I must say that all are overlapping with my assets, including GLX which I believe will truly appreciate once with the MLS marketing and Go Live. We might see some crazy market movements on it, even bigger than Splinterlands if they will be able to capture the MLS fanbase.

HBD is also a good asset to hold and grow and I find it useful in case you want to build something (on Hive or different) and you need a steady income. A stablecoin like HBD can ensure that while you develop and maintain a project.

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Yup... Completely agree with you on the GLX token... We only need to see the ball rolling, and the rest will be magical... 😃 In my opinion, GLX has much better tokenomics than SPS, especially with the burning mechanism to get those GLUSD tokens...

HBD is a great asset and needed for developers, but I will not collect pennies in the bear market, trying to accumulate it... I will wait for bulls to come and then fill my HBD bags... ;)

Thanks for the comment! Appreciate your input!

!PIZZA

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I don't want to exaggerate with this goal, so I will try to reach 88888 tokens at the end of the year...

I love that number! 😜💪🔥🔥🔥
And I like the way you think! Mine are about the same, but in smaller amounts! I hope there is a bull market until 2024!
!invest_vote
!LUV
!CTP

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Have no idea when will we see a bull market, but I will try to use the maximum from this bear market... I hope that I will be disciplined the same when bulls come and take some profits... 😃

!LUV

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56k to 75k HP.. It's easy for Mr. Zoltan 👍

15k cards in Rising Star... That's a lot of cards and a lot of time just to open the packs 🤣
I'll stick to collecting starpro to "promote fan club" missions and collects every FC cards

Hope you finish all of them in 2023 💪

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Hahahaha... Thanks for your trust in my capabilities, but it's not as easy as it looks... lol... Especially if we see higher prices for HIVE... I will be seriously tempted to take some profits... I will not power down, but I will probably remove some chips from the table... 😃

As for Rising Star, it is a lot of opened packs... It's fun to do it, and it's great to promote such a great game with such a great community!!!

!PIZZA

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You waited to publish it but as always ambitious goals. You have to think big to make the goals worthwhile. I very much agree with the bet on the GLX token, I think it will be a surprising token.

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I have lowered the pole for my HivePower goal... It was exhausting chasing big numbers... 😃 But, on the other side, without these goals, I know, I would lower the guard and become lazy...

As for the GLX token, I just hope that we will see a playable version of the game this year... If we get there, I have no worries about the value of the token...

!PIZZA

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🍕 PIZZA Party!

I gifted $PIZZA slices here:
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Please vote for pizza.witness!

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Nice goals and I also think it's a good idea to set some goals. I made some just to make sure I am on track and I think it's fine to start with those goals. If you feel you want to modify them later, you can always do so.

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Congratulations to your last year achievements. We pray that you achieve all your goals this year as well. My 2023 goals is to buy 30 thousand hive and power up all to support new users. Its also my dream. I will try to fulfill this dream of mine by working hard day and night.

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That's a very brave goal that you have! 30K HIVE is a lot, but it is manageable to do it...
Wish you all the best and I hope you will fulfill your dream this year!!

!PIZZA

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Thanks. Yeah man its alot but i will try my best.

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Congratulations on the motivating targets! It looks good.

I've sold most of my GLX tokens at start, due to the high ROI, now will probably accumulate them.

!PIZZA and !LUV for you

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To be honest, I sold my GLX on the first 2 days of airdrop... But after calculating the APR (that was huge then), I stopped doing it and staked all... Luckily, I didn't do a lot of damage... :)

!PIZZA

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For SPS, what I sold in 3 days at the start, could cover my whole stake now. I see the same for GLX, the ROI is much higher if selling at the start and buying later.

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That could be the case... They have different tokenomics, but it depends a lot on the product if it will be delivered and what quality it will have...
SPS had a crazy price at the beginning and I know many people that bought at 1 HIVE or such... GLX wasn't that "bad" 😃

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SPS had a crazy price at the beginning and I know many people that bought at 1 HIVE or such

Sold most at $1 and over. GLX will continue to drop, as I don't see the tokenomics behind.

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Impressive goals and achievements! I like gathering up earned HBD for the savings and the high APR here, but selling HIVE for HBD at a low price is indeed not very smart.
I'm also trying to hold on to a stack of liquid HIVE to trade when the market goes up. Only to buy more HIVE back when the market goes down. Hoping to increase my HP faster that way.

Good luck with the goals for the new year! !BEER

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Thank you!!! I will need a "bit" of luck this year, too! :)

I'm also trying to hold on to a stack of liquid HIVE to trade when the market goes up. Only to buy more HIVE back when the market goes down. Hoping to increase my HP faster that way.

I was doing something similar on those HIVE peaks that we had 1-2 times per month, but in the end, I powered up almost all my HIVE :)

!PIZZA

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Hi!
I will also focus on HP and Leo as a second priority.
The only game I play is Rising Star, and although I'm a newbie compared to your numbers, I plan to keep growing there.

Best of luck with your goals for the year!!

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Thanks a lot! It's great that we are on the same page regarding our goals for 2023! Rising Star is a fun game, and if you engage with the community, it's even better as you can connect those NFTs with real people as many of them are... 😃

Good luck to BOTH of us! 😍

Much !LUV and !PIZZA to you!

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A nice stash of GLX you have. I continued to sell part of my GLX so mine is pretty low by comparison. I don't regret it, as they have built up my stables which I partially used to buy HIVE already.

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You are right about the GLX price... It was very nice in some moments and I even sold some in the first 2 days of the airdrop... But, I decided to go in the opposite way of others, and go "all in"... lol... I don't know, but I have some weird hopes that mined GLGT tokens could pay a significant amount of my investment in the GLX tokens... We will see...

Thanks for checking out my post!!

!PIZZA

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If they take off, you certainly will be very well positioned. It's interesting that they haven't opened GLGT to trading. Everyone still has them. I wonder what will happen with them once they'll become tradable. And if they will be tradable before the gameplay.

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Thanks for your goals, Zoltan! I read about your post on @gadrain post 😊
Great to see you and your goals.
They give me an idea of how Hive works and what I can work on for myself.
Barb
!BBH
!CTP
!ALIVE

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