Mid Summer Hive Goals CheckIn

Crypto has had one crazy week and I believe next week could be even more insane if these Spot ETFs get approved which seems to be the case. You can read up on another post I did here on LeoFinance about what happened last week here A Busy Week For Crypto In Review This article outlines all of the events that took place last week in the crypto markets and dang is it a lot of positive news. I feel like everyone else is currently in a holding pattern waiting to see what comes of these spot ETFs which would be happening some time this week.

I create this article each week as a way of showing others what's possible with Time, commitment, consistency, investing and interacting with the community. Personally I would say I spend at least 3 hours a day on the hive blockchain and another 2 hours or so on the gaming side of the hive blockchain. So you could consider it as a full time job (minus the pay at the moment but we are getting there!)

GOALS

$HIVE

Goal: 100,000 Current: 96,810.72 Needed per day: 18.98

Once again this number has dropped by about 1 needed per day. I expect now for that to move much faster and the goal is to hit that 100k by end of July which would be a hard push. I'm thinking it's going to be more towards end of August but still that puts me way ahead of end of year goal. With some selling of other game assets and if Splinterlands takes off when land releases we should be setting up some rather strong passive'ish income streams for the next bull run which was my primary goal. I still remember last year I was earning a good $50+ in most cases from passive income. Now that I've been staking and building those streams during the nearly two year bear market the next bull run we should be at $100+ in passive income.

I'm also starting to build up HBD again but at a leasurly pace as I'm not sure how long that 20% APR is going to last I don't want to dump a ton into it. I honestly feel like Hive token itself is a better bet at about an 11% APR with staking and curation rewards means I only need it to climb by 9% to break even with what HBD gives me.

I'm also hoping we see some new ad revs kick in here as well which would skyrocket the passive income stream as well on the LEO end. But I'm also really hoping we start seeing other front ends start to kick in some ad revenue as well to fuel their projects and their tokens prices. There's honestly no reason they shouldn't be. In a world where web3 rewards creators I highly doubt that people are going to care that their are a few ads since they the value gets returned to them.

$LEO

Goal: 150,000 Current Without Delegation: 105,201 With Delegation: 135,206 Needed per day: Without: 266.66 With: 88.05

LEO has had a lot of updates to its front end and all have been good. I'm still waiting on that ad rev to kick in and feel like it's honestly now taking way too long and seems to not be a focus point at all for Leo for some reason. It doesn't matter how many features you add in money talks a lot louder in this web3/crypto world. I'm going to give it until the start to September before I start really voicing myself on the topic.

$SPS

Goal 1,000,000 I'm not even half way to this goal lol but it's one I really want to hit sooner than later. Right now with SPS slowly climbing and most likely going to continue as we roll into later in the year it's become a real focal point for me. There are two aspects of Splinterlands I'm currently working on.

The first being accumulation of as much DEC as possible (I wasted 80,000 DEC on the burn event as I ended up getting no prize so that was kind of a let down and I would have rather have kept it now)

The other side of that is the SPS side. Mainly this is so I can hammer out my lands when it comes due. I have 142 total plots of which 100 are a keep that I own. Those will be my first focus while the others will be lower end and possible sells. I was actully surprised with some off the off shoot lands I picked up that are epics with magic and occupied which should go for a hefty amount of dollar value once land kicks off.

This weeks focus will be HIVE and SPS as those are two I want to hit before I start to double down into LEO again.

Posted Using LeoFinance Alpha



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8 comments
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I love the math you do with how much daily you need to hit your goal...That's such a better way to judge how you are doing and how much more you need to hit the goals.

Great stuff man!

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I find it helpful in two ways. The first is did I make enough today? If not well then I need to take action. If I did well bonus I can take the rest of the day off or make a little extra to drop my daily needed in the future. It gives you a little more freedom which is something I'm big on. I want to get more "time"back as I feel like I've wasted too much of it away.

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We’ll see how the ETF scenario pans out but I think its already a done deal. I mean no one has ever got this close and it's even fishy that it happened right after the xrp win.

It's really good to reflect on our goals every week to give a clear view of how far we are progressing. I will see if I can add that to my list of weekly post when I start writing again this week.

I wish you luck on your Hive and SPS goals. Have a great week ahead

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All solid goals and holding.
Just curious, do you stake BTC and ETH as well?

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(Edited)

I don't stake BTC because everywhere you can you have to release the funds and well I have trust issue in crypto lol. As for ETH I don't but I could run my own staking node. Just not sure how much I trust myself not messing it up for 64,000 lol My main staking is in DeFi and a few other delegated staking systems that work like hive, wax etc.

How about yourself?

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I was thinking more in the term of stakings sats :) .... just simple accumuation, not chaising yields...

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Ah I actully don't buy much if at all anymore. I accumulate from what I bought and mined years ago and then put that to work.

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