My Weekly Hive Progress for June 22, 2024

Happy Saturday everyone! I hope you're all having a great weekend. Since it's Saturday I'll be sharing my Saturday Savers post for the week. I'm continuing to chip away at those goals and with any luck I'll end the year having completed them all. So without further ado let's jump in head first!

Hive Power

I set my sites on the goal of 5K Hive Power by the end of the year sometime back. That would be easy to do just by dumping some money in Hive, but my goal is to do it as organically as possible. It's easier to recruit people when you can say this was done by posting and networking in the ecosystem. Last week my HP was sitting at 3,389, and now as of the moment I'm at 3,452. An increase of 63, not my best week but not my worst. I still need to 1,548 to make the dream come true, so if I make around 48 a week I should be able to make it relatively easily. So I'm feeling pretty good about this goal.

PIMP

My goal with PIMP token is to reach 50K this year. However, PIMP prices have increased quite a bit over the last couple of months so I haven't been actively buying. I have been getting daily returns on my staked tokens though and receiving tips which really helps. Last week I was at 23.9 K, and now I have 24,185, not a great week. With any luck prices will give me a dip to make some strong buys over the next few months to make it to 50K!

Like I always mention I like PIMP because they have physical silver backing the tokens. Right now I believe it's 35 ounces, but that may increase in the future.

HSBI

Having exceeded my goal of 2K HSBI already, I'm not going to set any new particular goals here. What happens happens. As of right now this is where I stand on the HSBI front:

Not too bad considering I'm not really concentrating on building up a bigger stake.

The HSBI program provides periodic upvotes on your posts, and the more you have the more frequent the upvote and bigger as well. If you want more information you can read my post about it here:

@thebighigg/hsbi-what-are-they-my-experience-and-a-starter-guide

I have been participating as a sponsor in several events that give out HSBI as a reward which have helped me arrive at my goal. Notably I am a sponsor of Shadow Hunters, Three Tune Tuesday, #NinetiesFriday , and I also do a weekly ten HSBI giveaway. Tomorrow is this weeks deadline to enter, if you want to enter just answer the weekly question and you are in the contest! Here's the link:

@thebighigg/ten-hsbi-giveaway-week-14-easy-peasy-jgl

If you have questions about the events above feel free to ask, my favorite currently is #ninetiesfriday where you can share anything from the 1990's. Your imagination is the limit! One lucky winner will win six HSBI every week, three from @geneeverett and three from me.

SIM

I'm continuing to to pickup some more SIM, currently I hold about 1.1 million tokens. They payout daily liquid Hive based on your 30 day average of holdings, which always a nice thing to receive. Although the token is inflationary the game has been taking efforts to curb that inflation since the token has lost quite a bit of value over the last couple years. It's not too expensive if you're thinking about investing!

PWR

I'm continuing to delegate HP to empo.voter to receive daily PWR tokens. Down the road they will pay daily liquid Hive. My strategy now is to put the earned tokens in liquidity pools to put them to work earning more PWR tokens. Hopefully down the road this will have turned out to have been a smart investment!

Other Tokens

I continue to hold EDS and some EDSMM miners but I'm not putting more money into the token for the time being. I'm still staking my DBOND and DAB to earn more of each token, but not looking to buy more right now. There is a sale upcoming for the RUG token which can earn you more DBOND/DAB, but I don't think I'll buy in as I'm in a group putting together a new token. I want to keep more funds available to invest in it once it comes out.

Silver

I've always liked collecting coins which got me into collecting silver and gold. I'm a member of #silvergoldstackers which is a great community to share and learn about precious metals. I haven't bought anything new in awhile now, but I always have my eyes open for a good deal. Silver is maintaining it's price right about at $29.50, but was up about a dollar a day ago. I'm hoping we may see a push up to test some new highs in coming weeks.


From Apmex.com

Right now silver eagle coins are selling at $6.99 above spot price of silver on Apmex.com. Really not too bad!

That will just about do it for this week's #saturdaysavers post. I hope you all have a great weekend. Thanks so much for all of your support, I really greatly appreciate it!

And my disclaimer:

I'm not a financial advisor and this isn't financial advice, please always do your own research before spending your hard earned money.

Header generated using ideogram.ai

References
https://www.kitco.com/charts/silver
https://www.apmex.com/product/23331/1-oz-american-silver-eagle-coin-bu-random-year

If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers

I'm a proud member of The Alliance Family!

This is a newer project trying to help new Hive members grow and stay with us here on our platform, feel free to ask if you are interested

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center