Its week 3 (21/01/24) of my savings focus for 2024 with the Saturday Savers Club which is a great Hive community initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account.
My goals for this year are:
- Primary goal - to increase my HP by 7500, to 18500 HP,
- Secondary goal - to increase my HP delegation to @eds-vote by 1000 HP, to 3000 HP (because I want to accumulate more of the EDS token).
I will also be continuing to increase my holding of investment tokens, and delegating HP to a number of good community curation accounts as well.
This weeks pic - Thats the reason why my sat savers post is late this week - the demon drink ! I was away this weekend for my annual meet-up with the guys I went to University with. We had a great time !
Weekly Stats
Weekly commentary
- I gained +61 HP during the week which is good considering I've not been posting as regularly as normal. I really do need to up my game if I want to keep on target this year,
- My HP total now stands at 11173 HP and I need a further 7327 HP to hit my primary goal of 18500 HP. That requires 149 per week (up 2.5 HP per week), which is pretty steep and will be quite a challenge,
- My HP delegation to @eds-vote increased by +10HP to 2035 HP. I need to delegate another 965 to hit my secondary target to raise my total delegation to 3000 HP. That will require an average of 19.6 HP delegated per week to hit it, which I should achieve,
- I delegated another +8 HP to @curangel to bring that total to 125. The aim to to take that to 250 HP - half way there !,
- The main aim of these community delegations is to support these great curation accounts that have certainly helped me along the way to where I am now, but I'm also getting nice daily drips of HIVE as a result from @ocdb, @qurator and @curangel as they pass on their curation income to delegators, which is a nice little bonus !,
- I gained +2.48 EDS. My 2035 HP delegation to @eds-vote brought in +1.66 EDS this week and the rest was from the mining lottery for holding EDSMMs (I have 146 of those). I selected increasing my delegation to @eds-vote as my secondary goal as I'm really keen to keep accumulating EDS, and focusing on the HP delegation works well with my primary goal of increasing my HP total. I'm also planning on buying into the new EDSD token but just havent had the funds this past week,
- I gained +3.344 DAB this week which is the highest gain I've ever had in one week ( the first time I've gained more than 3 in a week),
- I gained +2 DBOND taking my total to 724. I'm happy to see it continue to go steadily up, even if its just by 2 per week,
- I gained +2 DRIP this week, taking my total to 106, which is a result of the daily passive gains over the week from staking the DRIP I already have,
- There was decent activity on the trading front this week with 12 HBD:HIVE trades going through for a total profit of just under 6 HIVE. So not a lot of value, but I'm ok with that.
Plan for the coming week
- To continue to make sure I post daily/regularly to ensure daily HBD and HIVE author rewards,
- To be active in HIVE Blog curation to help with HIVE curation rewards,
- To continue to increase undelegated HIVE in order to improve HIVE curation rewards,
- To continue with HBD:HIVE trading. I'll also be adding some additional funds (in small amounts) to my trading capital each week, in the active trading range, which will help grow the gains over the long term (albeit slowly),
- This weeks delegation of 10% of my weekly HP income to @eds-vote will add a further 6 HP,
- This weeks delegation of 10% of my weekly HP income to community curation accounts will add a further 6 HP to my @curangel delegation.
In summary, it was an ok week. I havent been so active on the posting front of late due to other things going on and it has impacted my HP income. I just need to get back into the rhythm again.
My Tribe Token Investment Project
My experiment with 8 different tribe tokens on my alt account @hoosieboy is moving along nicely. The experiment is designed to grow semi-passively via staking, curation, posting and rebalancing - in a way where the methods should work together and add constructively. Everything gets re-invested back into curation accounts for the same 8 tribe tokens, so it also provides a positive boost to those tribes.
Its been over a week since I undertook my last rebalance and I'll do the next one sometime this week. I'm still finding this experiment very interesting and its great to see the various methods of curation, posting, staking and rebalancing all working in tandem. You can check out my latest rebalance post on my @hoosieboy alt account here.
And as a reminder:
- Hive Power UP Day (HPUD) isnt that far away - a week on thursday, so its time to save some HP in readiness,
- This weeks Savers of the Week post went live on friday (here). The awards for nominees have grown which is great ! We are looking for inciteful content that shows how you are saving, growing and investing. Each of the 4 nominees now gets 15% of the notification post payout and 4 HSBIs - so it can work out as a nice little boost to all nominated ! So make sure you are creating your weekly savings posts - you've got a very good chance of getting selected !
Interested in the Saturday Savers Club ? Check out their latest posts here.