My Jive to 200K HIVE! - Aug 13th update

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gm Lions!

Quick update on My HIVE Goals progress. Today is week 52 of my 8 year Jive to 200K HIVE!

Screen Shot 2023-08-14 at 09.13.50.png

That means I'm one year into my 8 year plan and pretty much on track! My target for this week was 45,284 HP and I'm currently at 44,177. Not bad!

Screen Shot 2023-08-13 at 9.30.03 PM.png

Let's look at the charts:

This is a screen shot of my spreadsheet. 2600 days of being here. Today is day 339.

Screen Shot 2023-08-13 at 9.36.54 PM.png

I should be increasing at a rate of about 28 HP per day, but I'm at about 15 HP per day. So I need to find ways to add more value to the HIVE ecosystem.

Screen Shot 2023-08-13 at 10.07.08 PM.png

Remember...

you get paid for the VALUE you bring to the marketplace - Jim Rohn

So it's all about being valuable to others.

Here's an example:

I'm really happy with the consistency that cttpodcast@cttpodcast has had lately and I think I can be of help here making videos and extracting content from the livestream to share on web 2.0. Today, for instance, I made a short clip of the segment on CTT where we were talking about Slowjamastan with Starkerz and Dan. I put it in a Tweet (x Post?), and we reached out to our friends of The People's Republic of Slowjamastan on X.

We haven't got a response yet, but I think there's a pretty good chance that they'll get back to us at some point.

Buying HIVE on the open market

I also gave myself a bit of a safety net so to speak, where I allow myself to buy HIVE from the market in order to stay on track.

I had some idle fiat lying around, so I decided to convert to HIVE at $0.3479. bargain price if you as me.

This market purchase narrow the gap between my target HP
and my actual HP.
Powering Up 222 HIVE.png

Curation

I curate all manually.
My curation APR is at 5.86% today, so pretty good. My goal is to keep it between 6 and 7%. In the coming weeks, I'll see how high I can take this number without going against my principles on curations which are voting on content that is

  • Interesting/valuable to me
  • Valuable to the community
  • From users who are valuable to the community
  • Shows effort
  • Original

"Good content" doesn't have to meet all those criteria, as long as it has one of those, I'll consider it for curation.

Milestones

My spreadsheet is setup daily, but I only check on it once a week on Sundays and I have this small table with yearly milestones.

DateHP GoalActual number
11 Dec '2222,27840,140
13 Aug '2245,06044,177
31 Dec '2348,980---
31 Dec '2463,450---
31 Dec '2583,169---
31 Dec '26109,274---
31 Dec '27138,839---
31 Dec '28170,681---
21 Oct '29200,000---

What else am I working on?

Well, I'm starting to look at scenarios that would allow me to shift more of my time and energy to the #HIVE ecosystem.
The following table shows more or less what I could expect to earn from curation + creation with roughly 45K HP and making 4 blog posts per week that receive 20HP on average.

Current earning potential on HIVE at 0.35.png

There's really not much I can do with $200 per month IRL, so for the time being, I'm going to continue to only power up until

A) I reach 100,000 HP
B) $HIVE price gets to at least $1.00

When that happens, things might change a little bit.

If the price of HIVE stabilized at around $1.00. If I had 100,000 HIVE POWER, I could start to use some of my rewards from curation and content creation to handle some of my IRL expenses.

Screen Shot 2023-08-13 at 10.22.01 PM.png

Since this is not the case (yet) I'll just continue to power up forever until it is :)


What about you Lions? how are your goals coming along?

My Jive to 200K HIVE! - Aug 13th update | Ecency