Hive Progress Report on 22-August-2021

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One week has passed from my last investment report on HIVE blockchain assets and it is time to brief you on my latest achievements. Quite a healthy growth for the week with a lot of content creation across the HIVE tribes and also doing some curation and commenting. That brought me more juice from this great ecosystem and allowed me to engage and network with more people than before. And found some quality users around through these activities with which you never know when you might collaborate, but for sure there is some common interest sharing which could put us on the same path. So let's see where we are standing for now.

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HIVE & HBD
As primary assets of the HIVE blockchain these offered me quite good gains. The curation from my posts and engagement from various tribes reading (but specially LEO Finance) offered me something more on top of expected income. I am still gathering HBD in my savings account and powering HIVE to strengthen my account and get more curation rewards. I've also discovered that I can exchange directly HIVE to HBD and if the HBD price is greater than expected pegged price ($1) that might create some arbitrage opportunities. But will need to check this angle a little bit more. The gains for the week were as of 26 HIVE and 7 HBD which makes for about $20.
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LEO & CUB
LEO Finance had a good week with a new dapp added to the ecosystem - LeoFi. The purpose of it is to lease, lend or other DeFi instruments on HIVE blockchain that will result in LEO burning from the fees. That should create a pressure for price improvement which is quite great for me as a HODLer. Next CUB Finance is steady and is expected to have an IDO launch this week, which might help with the CUB price by burning the fees resulted form it. Another amazing use case and reward for the HODLers. For the week I've gathered 97 LEO and 194 CUB which makes for a healthy $160.
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DEC & SPS & SPT
There has been a change in my Splinterlands strategy as at the moment I am selling the DEC income from the game considering its great price $0.00763443 and also selling some of my Common cards as their price is appealing as well. That makes it for me to keep on adding to my bags SPS and SPT tokens which for the week were like 1477 SPS and 488 SPT which sums to $620. That and some other few hundred dollars that are coming from selling DEC, but it is quite hard to track here and will see it separately considering my goal for it - The challenge to buy a Tesla with my Splinterlands profits.
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CTP & POB & Other HIVE second layer tokens
I keep on growing my CTP and POB bags even if they don't make up for too much, but I believe that these ones will have a good future. So for the week I've gathered 95 CTP and 21 POB that sum up to $6.

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Overall it was quite a good week and I've seen some improvement in price across most of my HIVE assets. I've ended the week with a daily profit above $130 which is lower to the previous one made ($190 per day), but I might have had some calculation mistakes. I will take today's earnings as baseline and see from here how I grow and better my portfolio. Beside the assets enlisted above I hold also a healthy bag of game cryptocurrencies like SIM (from DCity) or STARBITS (from RisingStar) which also make up for some good earnings but not extraordinary to list them individually. Still, things are improving from week to week and I might come up with a Gaming report to gather all my assets from related HIVE blockchain games. Until than, I wish you good investments and fruition on the HIVE blockchain, both main and secondary tokens!

Posted Using LeoFinance Beta



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9 comments
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Thank you very much for sharing. This gives inspiration for every newcomer like me. I appreciate it a lot.

May I ask how long has this process taken to reach its actual status?

Thank you.

Posted Using LeoFinance Beta

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Beside HIVE where I got half of it from Steemit, the other rewards are since Hive was hardforged so I would say 1 year.

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Glad to see that you are doing so well. Our blockchain has so many opportunities to build wealth it is mind-boggling! Take care this week!

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