I'm back with another goals post! It was a great week and I made some great progress on my journey to 25k Hive Power. I also made some good progress towards 50k Pimp. Let's look!
~ Hive ~
For the past few months I've been converting all HBD I make from posts to Hive and then sitting on it until Hive Power-Up Day on the first. This has a couple benefits:
- It ensures I have a little liquid Hive to take advantage of any Hive pumps, giving me the option of swing trading to HBD and back.
- It gives me a emergency fund to pay for rewards for Blockchain Poets if I didn't plan well and ran out (which has happened before), and
- It gives me a little extra to jump into projects with. While I have been refraining from jumping to many projects this year, since I have decided to focus on increasing my HP this year, I still like keeping my options open.
But there is a bad side to holding everything liquid till HPUD. That is, it's not being used. Now granted, unless the amount liquid is just huge it's probably not going to affect things too much. But still, there undoubtedly is an effect.
Recently @hivebuzz has been pushing Hive Power-Up Month more and I've been participating in it. In February I was just powering up 1 Hive everyday to meet their requirement, but last month I changed to powering up a random amount between 1 and 10. I've continued to do that this week.
@galenkp had a great post the other day about this. Go read it. I think while I do enjoy holding some liquid for the reasons I stated above, I also want to start powering-up even more throughout the month. That in mind, I will continue my random power-up everyday, but will just increase the amount. I still want to participate in HPUD. I don't care about the badge, but I think it's a great show of support and also the more people who join in, the better it looks to outsiders. That said, my HPUD power-up may be less going forward.
Anyway, let's look more specifically where I am on the road to 25k HP.
This past week I gained 104.200 Hive Power. That number includes the part of my post payouts that automatically goes to HP and the random power-ups I did everyday. It brings me to 13,741.13 total. Humans love round numbers... and that in mind I can't help but wonder if I could take that to 14k in the next week. I only average about 100 per week, so no, but... what if?! Maybe I can sneak a $100 investment from outside past my wife's watchful eye on our savings account and use that to jump to 14k.
Anyway, that 13,741.13 puts me at 55% of my goal.
Let's break it down.
25k - 13,741.13 is 11,258.87. Ooo I do like seeing that remaining number go down!
Divided by 296, the number of days till the 1st of January next year, and we get 38.037 Hive needed per day to reach that goal. The 1st of next year is just an arbitrary date. The sooner the better. But the first HPUD of the year seems like a good goalpost.
Anyway, that daily figure is down from last week—I must have made progress!
~ PIMP ~
Pimp just keeps getting more and more exciting. It seems like @enginewitty just gave us Pimp 3.0 with daily Hive dividends only a week or two ago, but now we've already moved onto 3.1 which is even more exciting. For 3.1 we learned that Pimp is now stacking silver!
Of course all of us believe in crypto, but diversifying is always a good idea, and into silver is just exciting! Go read the update.
I am up to 49,167.7825 in my PIMP holdings, putting me at no. 11 on the rich list. Almost 50k! So close I can taste it. Can I go over this week? Probably not. As Pimp spreads out, my weekly earnings are going down. No complaints there—I'm more than happy to see more people get into Pimp—but it does mean my progress has slowed. Hmm... should I buy my way up to 50k with that liquid Hive I mentioned above? Tempting....
(No, I won't. Getting to 25k HP is the number one goal. But, it is tempting)
If you are interested, by the way, why not hop into our weekly meeting? It's every Wednesday at 13:00 UTC. Join the discord.
And forward we go! It was a strong week. Let's see how this coming one goes!
❦
David LaSpina is an American photographer and translator lost in Japan, trying to capture the beauty of this country one photo at a time and searching for the perfect haiku. |
Ah yes another @enginewitty pimp rockin the stack!
I am torn sometimes about selling any hive exchange tokens because they each represent communities and movements on my favourite blockchain. I love my hbd, obviously my hp and $pimp and $Beer and some of the other ones. Just hesitant selling them to buy others and vice versa.
Great to set goals to measure your progress and share with others to inspire the crowd.
Well met $pimp!
Like you and @dbooster, I have sentimental attachments to a few tokens too, but I totally get flipping them for others! What a PIMP do. 😁
!PIMP
You must be killin' it out here!
@enginewitty just slapped you with 10.000 PIMP, @zekepickleman.
You earned 10.000 PIMP for the strong hand.
They're getting a workout and slapped 3/3 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Mark my words! I will never sell a PIMP!
I don't get on the richlist for too many things but being one of the top 20 pimps on Hive makes me walk like this in the streets of my hometown.
I hear you. I like to support people who even if a token isn't otherwise good I sometimes want to hold it just to lend support. But other tokens where I don't know or agree with the folks behind it, I don't hesitate at all to sell it. Just depends I guess.
Thanks for the comment!
You must be killin' it out here!
@zekepickleman just slapped you with 1.000 PIMP, @dbooster.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
50K pimp is crazy :D
Even if you dont break top10 xD
25k HP is good target :D
Thanks! I hope so!
!PIZZA
What a great experience in Hive. Reaching 25K HP is a dream for me. Indeed, you are such an inspiration to a newbie like me.
When I first joined Hive in June 2022, I had only posted less than five pieces of content, and then I was gone because I have not understood how the platform worked. Good thing I was able to have a comeback on August 2022, and since then, I have been active up to the present.
If I can remember, I used to read a post like this from you with your Hive goals, and I am honest to say that I am genuinely inspired by your journey here. As for me, I now have 3K HP and just like you, I am joining the Hive Power Up Month and Hive Power Up Day through the rewards I get.
Blessings to you, my dear friend. And I wish you more success in the blockchain. Have a nice time, and keep safe!
!PIZZA
!LUV
@dbooster, @pinkchic(1/1) sent you LUV. | tools | discord | community | HiveWiki | NFT | <>< daily
Thanks for the great comment! I'm happy I could inspire you. That is exactly why I make these posts—to show others that it is possible for a small guy to climb up little by little.
Glad to hear you too have been increasing your stake. 3k after only a year is fantastic. Keep it going!
!PIMP
Thank you so much for the inspiration my dear friend. Indeed, there is no impossible thing when we keep dreaming and keep going as we are motivated to reach our goals in life. Perhaps dreams are for free, and I believe that you have inspired many people here in the blockhain, not only me. Once again, thank you so much and may the Hive Power be with you always!
You must be killin' it out here!
@dbooster just slapped you with 1.000 PIMP, @pinkchic.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
all the best man on the goal both for your HP and the PIMP.
I love the PIMP idea of backing it up with silver, because as you mention it is nice to have a diversified holding, especially with the precious metal holding. If crypto goes south (which the chance might be slim), we might still have the precious metal.
I am also thinking of buying some silver, but so far my first goal is building my HP like yours.
!LUV !PIZZA
@dbooster, @ekavieka(1/4) sent you LUV. | tools | discord | community | HiveWiki | NFT | <>< daily
Buying silver yourself is always a good idea, but storage can become an issue. With PIMP we don't have to worry about that.
!PIZZA
Kudos and keep the aiming very high, you are getting there in due time
Posted Using LeoFinance Beta
Thanks!
!PIZZA
You are welcome
That's great, I'll be happy to join this soon.
Hope you can!
That is awesome that you are moving closer and closer to your goal!
I've been doing pretty much the same thing lately. I think as long as Hive is below $1 it just makes the most sense. Am I supposed to be doing something with the PIMP tokens that I am earning?
Thanks!
Yep, I am in total agreement. We can benefit far more right now by converting it. After Hive passes a buck, then the HBD stacking will begin and we can enjoy that sweet 20%. It's win either way, eh?
With PIMP, hold it. The price has been increasing a lot recently, and with Witty's pushes, it will keep doing so. Ray wants to buy a large stake for the Mancave, but is waiting on Witty presenting to the Dragon's Den. That may bring more of the dragons into the token too. So hold on. Also, if you hold a certain amount then you will get daily divs of various H-E tokens and also Hive. I think you have to be within the top 100 to get that.
You can also tip folks if you are holding enough: !PIMP
Okay cool. I will just keep holding then. Yeah, I was moving a lot of my HBD into savings so I could establish a basic income from that. It really kept me from growing my account the way I want to.
The idea of making a basic income from HBD saving is so attractive, isn't it? I was doing the same as you. I was up just over 1k HBD, but when Hive fell to 25 cents I watched as @traciyork traded in a lot of her HBD for Hive to power up and I decided to do the same. I miss that nice interest payment... but oh well. I figure now is the time to stack Hive and then when the next bull run starts, then will be the time to restore that HBD stack.
Yeah, I probably could have played it better, but I have it there now. I don't really see the point of messing with it as long as Hive is sitting close to $.50. If it were to drop back down to $.25 I might be tempted though.
You must be killin' it out here!
@dbooster just slapped you with 5.000 PIMP, @bozz.
You earned 5.000 PIMP for the strong hand.
They're getting a workout and slapped 2/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Aw man @dbooster, you are out of PIMP to slap people.
Go Stake some more and increase your PIMP power.
(We will not send this error message for 24 hours).
Read about some PIMP Shit or Look for the PIMP District
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$PIZZA slices delivered:
ekavieka tipped dbooster
dbooster tipped the-lead
dbooster tipped ekavieka
@dbooster(1/15) tipped @cwow2