Happy Saturday, everyone !
It's absolutely freezing weather outside, enough to remove the bits from a brass monkey, so my plan of tidying up the garden a bit more might just have to wait. So instead, I'll sit in the warm, write Hive posts and work on my new website 😀
Image created by AI in NightCafe Studio
Here's my table of progress for the week;
How Did The Week Go ?
We're two weeks into the year, and the spreadsheet is full of red numbers of targets not yet met.
I'm not too worried, because my experience from last year is that it takes a few weeks before the numbers settle down. It's all down to sample size.
The only goal where I'm thinking I might have been too ambitious is Hive Power, where I'm going to be relying on consistently high author and curation rewards. I don't know if or when I'll have any spare fiat to invest, which could put a crimp on the kind of big power ups I did for most of last year's HPUD's.
HIVE & Hive Power
One thing that happened last week is that I almost totally ran out of liquid HIVE. I got down to the very last one, with commitments to paying out SBI's I needed to meet. So I looked at my portfolio and decided that it was a good time to convert the BAT I'd been earning on Brave into HIVE.
Oh my goodness ! Brave puts the BAT into a wallet in Uphold. It's horribly unintuitive and clunky, and they put so many obstacles into the path of anyone trying to move funds off the exchange that I started to wonder if it was even possible.
But I did it, so I wrote a post explaining how (and the various surprises along the way) - it's at The Pain of Turning BAT into HIVE If it helps someone else navigate the maze with less pain than I had, it'll have done it's job !
HBD
For some reason, I seem to have been earning really well with HBD rewards, even though the HP rewards are down a little.
No idea why that should be, but I'm reluctant to turn HBD into HIVE. Partly because the price isn't right, but mostly because I'm trying to build both stashes in parallel. I really want to get back to 30HBD a month interest after hitting that target just before the interest rate dropped !
On the side, I seem to have drifted into trading. It wasn't deliberate, it started as a way to bounce some liquid HIVE back and forth to try to put off the day when I need to find some more fiat. But now I've started, I'm going to try to take advantage of the current volatility and just see how much I can make it grow.
I started with 25 HIVE, which turned into 13.405 HBD, which turned into 28 HIVE, which turned into 14.56 HBD. Now, I've got a trade lined up in Hivedex which (if it happens) will turn those HBD back into 31 HIVE. At a later stage, I might tighten the margins to enable trades which are faster but with smaller gains and play with more advanced stuff, but for now I'm happy with it. I might also separate it off into a separate Hive account, just to help me keep track of it better.
Upcoming Notable Dates
There are two key dates coming up in the next few days.
On the 15th is LPUD - Leo Power Up Day (threshold 150 LEO).
On the 20th is BPUD - BBHO Power Up Day (threshold 100 BBHO).
They are both projects well worth supporting. I need to buy a few of each in order to get to the thresholds, but there's plenty of time.
Linked to BPUD, have you voted for @bradlearrow's witness yet ? It's @thebbhproject and (at 11.28am UK time today) is only 1100 HP of votes away from climbing up a place. All the profits are cycled back into community rewards, so it's one that definitely deserves to climb all the way up into the top 20 !
If you're not familiar with SaturdaySavers, it's a fabulous initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account, where we all support each other in getting to our savings goals.
If you are one of my friends reading this (or just someone who tripped over one of my posts), I really recommend this as a great community that's well worth joining.
I'm normally very disorganised about saving, and the support of the wonderful people in #SaturdaySavers has been invaluable in keeping me focused. I can honestly say that without it, my HP would probably be half what it is now.
So join ! You don't have to wait until the start of the year. The best time to start saving is ten years ago. The second best time is right now !
Beginning to wish I didn’t have a ticket for Forest Vs Luton today in these freezing temperatures, Sitting in the warm writing posts sounds like a better plan to me!
Good luck in reaching your targets this year
Thank you ! Yeah, watching football in this weather is a true test of stamina. It's not my sport, but I work in an outdoor log cabin style garden office, and my Ororo heated gilet is probably the best thing I've ever bought. 😀
My father in law was showing me his heated gilet, should have borrowed that 🥶
Solid savings, to celebrate I enrolled us in some Hive SBI
Thank you ! Much appreciated 😀
!SLOTH and steady wins the race, making some nice progress! Glad to hear of your HBD/HIVE swings, I tried when I noticed the Hive pump, but still haven't converted it back yet, maybe i should start taking those small gains and reusing them. Here's me hoping for a 50% swing or something lol!