G'Day everyone. With the intention of staying accountable for the goals I have set for 2024, I will try and produce an update each Friday (here in Australia, will be Thursday for most of you) on how I have gone for the week with regard to my main #saturdaysavers goals, along with other progress in crypto.
I intend for these posts to be fairly informal, and just essentially being me blurting out my thoughts, and tracking my progress each week.
Saturday Savers goals.
Primary goal - 2000 EDSD
So the first target I set for the Saturday Savers Club is to accumulate 2000 EDSD this year. For those that don't know, you can learn more about EDSD here.
For week one I have bought 49 EDSD. I had a little $HBD ready to go, and bought a little more, and earned some from a post payout, to get to 49 for the week. To hit 2000 by year end, I need to buy 38.5 each week, so week one has been good and I'm ahead of target.
My aim for these goals is to chase them hard, early in the year, so they get easier and easier to achieve as the year goes on. Part of why I am going to do these posts each week is a personal accountability thing, and by getting ahead of these targets I hope to remain focused and on track.
Anyway, week one has been a win, and the goal is on track. Just this one week ahead of target drops the weekly required down to 38.25 per week from now on, so seeing that number drop a little is motivating - already makes the target feel more achievable.
49 done, 1951 to go.
Secondary Goal - 10000 HP
My goal across 2024 is to grow my Hive Power back over 10K. I've been there, and would love to get back there this year.
I bought some HIVE this week using funds from my Cosmos holdings. This enabled me to participate in HPUD for the first time in ages, powering up 200 HIVE on the 1st. Over the whole week, I started off with 4300 HP, and ended on 4556, a gain of 256 for the week. This is well ahead of schedule, with 109 per week needed to make it by year end.
Again - get ahead of the goal early, and bring down that weekly requirement early is the tactic. In this case, the weekly required dropped from 109 to 106.75, a very nice start.
With the extra HP, I increased my delegations to @eds-vote , @leo.voter and @holozing a little. The main reason I'm aiming to grow my stack of HP is to use it in this way. Personally, I don't think I am a very effective curator, so better to delegate to projects that can do a better job, and use the HP to earn other token rewards in the process.
A win here also for the week.
256 down, 5444 to go.
Other goals.
The above are the big two I will focus on for the year, but certainly not the only two. I also aim to grow my LEO Power back over 10K. Currently around 5200, I need around 91.6 per week to get back in the 10K club of lions. This week I fell short of that a bit, with 68 LEO powered up over the week. This means a little increase in how much LEO I need each week from now on. No matter, I will find ways to boost my LEO inflow, and hit this target for 2024.
The other thing I have been working on is building my passive income wallet which you can see for yourself by checking out @jk6276.holdings . I have not set any specific, measurable goals here - the main goal is just to add tokens in each week, and not sell any. The HIVE income these tokens produce gets cashed out - all the way to fiat each week.
For week 1, 2024 I cashed out the grand sum of AUD 8.33 (which is roughly worth $5.60 US). Not a big amount, certainly not life changing. However, I will record this each week and see how it grows (if it grows) over the year. I only really added my newly minted EDS, and DAB in this week, along with a little purchase of SIM to top up to a nice round number of 2million SIM. Slow and steady for this wallet, but I think it will be interesting to document each week how it goes.
So there you have it, a pretty successful week for my main goals here on HIVE.
If you want to learn more, and even join in on the Saturday Savers Club, there is the link to follow.
Thanks for reading, hope you got something useful out of the post.
Cheers,
JK.
Posted Using InLeo Alpha
I would like to ask what EDSD mean and what benefits does it gives one?
I love the idea of sharing your weekly goal here on Hive so that people like me would keep feeling motivated to keep going and working towards achieving the best of the year.
EDSD is a new token on hive engine launched by the EDS team (@eddie-earner). It is based on HBD. You send HBD to @eds-d and recieve EDSD in return. These tokens the generate weekly EDS payouts. It is a great thing for people with EDS, and probably not worthwhile if you don't have or want the EDS token.
Setting and working towards goals is not really a strength of mine, so I;m trying this approach this year to keep myself on track.
Thanks for your comment.
Lemme just drop my question in here about delegating to @holozing : I delegated HP via my wallet using PeakD, so how come my delegation is not recognized in the Holozing game?
Not that I mind undelegating on in my wallet, and redelegating in the game, but this seems so unlike anything I have known on the blockchain. Is the holozing account not the same holozing account?
Glad to see you got your answer.
👍
Okay, my question was immediately answered: It's the @zingtoken account that gets the delegation. Thank you @acidyo !
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
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Looks like a good week overall.
This is a nice idea, having a weekly target and then seeing how you can reduce it by getting ahead of yourself.
Went to quickly read about EDSD. I am impressed. That is a good token. And good luck on your goals.
Hello @jk6276. Looks like you had an excellent week. I like your aggressive goals for HP and the new HBD-backed token for EDS. I wish you success in achieving your goals. As far as you desire to add passive income, check out my wallet and see how delegating to various communities and projects can yield you liquid and tokens.
Also, the liquidity pools on Tribaldex are great for adding tokens.
Take care and have a good savings and investment week ahead.
!ALIVE
@jk6276! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ justclickindiva. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
