Reaching 2024 Savings Goals Early
Last week, I hit my major savings goals for 2024 and the remaining ones will happen organically. Checking the 2024 Plans I wrote in January, my idea is to build a kitty leading up to June 2025 (when I expect prices to start to rise) and from there I plan to recover my investment in Hive and its predecessor and put aside enough to double my stake when the price drops again.
Changing Savings Goals
what an InLeo MAU is worth, something like 1,300 USD. I wondered what the equivalent Hive MAU is: I reckon about 7,850 USD or 6,200 GBP - (HIVE Market Cap/MAU). I took Market Cap as 94.0M USD (Coingecko, 30 June 2024) and MAUs as 12,000 regularly voting accounts, from this postI was interested in the post by @khaleelkazi estimating by @dalz.
A new and very different savings goal would be attracting and retaining new users to Hive - at one a week, that would potentially increase the value of Hive, the thing we all want to grow, by 408,000 USD or 322,000 GBP. I ran a recent recruitment pilot at an economic justice Conference which gave me a good idea what's involved and the kind of support that people need. The level of engagement was very motivating, too.
I have some sorting out to do for the remainder of the year, plus getting my plans in place for recruiting new users, so I will probably start to implement this savings goal for 2025. It would be interesting to see if I could add half a million GBP to the value of Hive (80 new MAU). (I'm not sure how to assess that, given the constant fluctuations and variables)!
Ancillary Savings Goals
- Continue to HPUD loose change each month, maximise resources.
- Emergency Fund (this has taken a beating with the house improvements).
- Cover housing improvements (of course, there's more things I want done).
Happy HPUD everyone!
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I bought more $HIVE whilst it's cheap. We do need lots more people enjoying the benefits of Hive. I'll try to recruit some.
!PIZZA
Yeah, I think it needs some planning to make some headway. I have a few ideas.
Hi @shanibeer, Thank you for participating in the #teamuk curated tag. We have upvoted your quality content. For more information visit our discord https://discord.gg/8CVx2Am
😍
$PIZZA slices delivered:
(1/5) @steevc tipped @shanibeer
Happy HPUD to all of us
The price of Hive isn’t smiling so I’m stacking up as much as possible
After a few months we will see that the number of active users here will start to increase.
Congratulations 👏🎉
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Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
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!sbi status
Hi @shanibeer!
Have you seen our website?
It's a great resource to check your Hive SBI levels, along with your history of who has sponsored you and what upvotes we have provided you!
!sbi status
Hi @shanibeer!
Have you seen our website?
It's a great resource to check your Hive SBI levels, along with your history of who has sponsored you and what upvotes we have provided you!
Congratulations @shanibeer! You received a personal badge!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out our last posts:
😍