Progress Update - My Road to Growth

Hive Target

Currently my goal is to reach 5,000 Hive Power then to become Dolphin. This week, I reached 2732 Hive Power, an increase of 14 from last week. That works out to be on average 2 HP per day added to my account.

I need to work on trying to increase this to 2.5 HP per day and to develop a plan to make it happen.

Hive Power Ranking

Comparing my HiveBuzz Hive Power ranking week over week, helps me understand where I stand compared to others on the Hive Platform that stake their Hive. This week I moved up in the rankings to 3451 from 3456 last week. A 5 position increase in ranking. I am thankful for any progress that I make week over week.

It seems the higher my ranking the slower my movement up in positions. I am hoping that I can continue to push up in positions and account growth.

HBD Savings Ranking

I add 1 HBD each week to help grow my savings. I am getting closer each week to earning 1 HBD per month. To start earning that amount, I will need 60 HBD in my savings.

Currently I have 52 HBD in my savings. I will reach 60 in around 7 weeks if you consider the reinvested monthly interest received into the calculation.

I also look at my HBD Savings Ranking on HiveBuzz. This week I moved up 9 positions in rank to 2159 from 2168. Even by adding 1 HBD each week, my relative position to others is only changing by a very small amount. Small additions can add up to large amounts given enough time.

Hive Platform Value

This provides a more wholistic picture of my value on the Hive Platform. One thing you must keep in mind is that the price of Hive and HBD plays a large role in this ranking based on your accounts distribution between the two and how much each changes in price vs the other.

It shows that I am ranked 4784, a drop of 4 positions from last week's 4780 ranking. It is basically my ranking of both liquid and staked Hive and HBD. Even though I was able to move up in both the rankings for Hive Power and HBD Savings, I fell in overall ranking do to others increased their liquid holdings of Hive and HBD at a greater rate than I did.

Hive Received Rewards

This week, my author rewards took another hit and fell about 2 HP for the week. The good news is that my curation rewards increased slightly from last week. Author rewards are not guaranteed so may fluctuate greatly based on others activity on the Hive Platform. This is not something that anyone can control.

My Author Rewards took a major hit and dropped to 18.46 HP ($6.77) with Curation Rewards of 3.44 HP ($1.26) as compared to last weeks amounts of 20.67 HP ($.61) with Curation Rewards of 3.16 HP ($1.16).

In reviewing the 30 Day chart, it shows my Author Rewards were 99.97 HP ($36.67) with Curation Rewards of 15.12 HP ($5.55) as compared to 98.04 HP ($36.08) with Curation Rewards of 16.08 HP ($5.92) last week's 30 day amounts. The Author rewards stayed relatively flat from last week's prior 30 day stats while my curation rewards dropped slightly.

I am receiving 0.88 HBD interest for the past 30 days. My goal is to reach 1 HBD per month and getting closer each month. I should be there within the next month or two. Adding the 1 HBD to savings each week is helping increase the interest on a weekly basis.

Hive Engine Tokens

I focus on several of the Hive Engine tokens to ensure that I am adding to their balances each week. ALIVE, CTP, LEO and POB are four of my top Hive Engine holdings.

I would like to increase each of these over the course of the year. Even though the price fluctuates for my various holdings, I have learned that not all of them move in the same direction or by the same percentages.

I like that I have diversified my holdings enough that I do not need to worry about all of them tanking at the same time. On the other hand, they probably will not all moon at the same time either. But having a diversified holding in your portfolio does reduce your overall risk compared to just have one or two tokens in your holdings.

EVER FORWARD!!!

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Posted Using LeoFinance Alpha