HIVE Power Up Day - September 1st 2022 : My 9th POWERUP! β‘πβ‘πβ‘π Still deep in a Bear Market. Opportunities still abound. π€
HELLO September 2022!
Another month in this year has gone by in a flash! I've only joined HIVE for about 10 months and I'm still learning so many new things everyday! I first heard of Hive Power Up Day 9 months ago and all its other acronyms (PUD, PUM, PUH π what a mouthful) and I'm into my 9th month of participation in HPUD now!
- 8 consecutive months getting the monthly author badge now π π₯³ (at least 1 post everyday!)
- And yet another PUM badge achieved for the past month too!
Ever since I started with the HPUM initiative in 2022, I've managed to faithfully make one blog post everyday and have somehow missed ONLY the Hive Power Up Month award for March (might have forgot to set some posts to 100% Hive Power π±ππ). I've managed to make it successfully for all the following months since then! π₯³π―
Another successful month of making at least ONE post a day with 100% to HIVE powered up (or adding 1 HIVE powered up if I'm a klutz and forget to set the post payout from it's default 50/50 π΅). π₯³π₯³π₯³
This makes it 8 out of 9 months since I discovered and started on my quest of HPUM-ing this year π. I still intend to continue on with this really good habit anyway ππ»ππ»ππ» so lets hope I make it again for the month of September π.
Blogging regularly and having the HPUM to incentivize me has other tangible benefits too! I've seen my Hive Power grow quite a fair bit. This seems like a good practice which I intend to continue keeping up with!
πHow it All Startedπ
I came onto the Hive blockchain trying to set up an account for SPLINTERLANDS. Prior to this, I had just about ZERO knowledge and experience with any Blockchain. It was pretty confusing to me as a complete novice - much different from how the usual process of setting up an account to play any game goes. π΅
This led to me googling around, and of course, I stumbled onto all the Hive blogs with their guides. One thing lead to another and I somehow stumbled upon the guys from πHive.Pizzaπ who were extremely helpful in answering all my queries and guiding me along. Shoutout to all PIZZA members. JOIN THEIR DISCORD if you need any help!
β‘οΈHIVE POWER UP DAYβ‘οΈ
In my VERY FIRST month before before I ever heard about Hive Power Up Day/Month, I was at just 47HP π (Before Jan 1st 2022).
This month, before I've even powered up anything at all, I'm already at 1672HP! πππ
That's how much the past few months of consistent blogging on HIVE with 100% allocated to Hive Power improved my HIVE account!
And NOW... AND its POWERUP time! β‘οΈπͺ (1st September 2022)
Once again, I only have enough HIVE set aside for a 10HP powerup, but I'm sure with my continued efforts to blog with 100% powered up to HIVE, I will be able to grow my Hive Power even more! π€
I am not using up all my HIVE this time round as there's some upcoming projects that I do intend to set aside some funds for.
- The 3rd and FINAL sale of Alpha packs for WOO - Wrestling Organization Online @wrestorgonline. This is scheduled for the 31st October, meaning I still have 2 months from today to scrounge up more $$$ for what I believe will be an amazing project ππ€
P.S. Feel free to have a look at this link to read up more about the upcoming WOO sale.
https://peakd.com/hive-102223/@wrestorgonline/woo-general-sale-announcements-and-incentives
- The Presale of Gear Factories for the HashKings @hashkings Farming Wars Expansion has just gone LIVE too! π± This is yet another project I am invested in which I think there is great potential.
Once again, do feel free to have a look at this link to find out more if you're interested.
https://peakd.com/hashkings/@hashkings/farming-wars-sale-announcement-28082022--surprise
So as you can see, there's plenty of money that needs saving (and spending) π€£πΈ.
Using https://hivestats.io/ , I was able to pull out a chart showing my daily account growth for the past month too. Great to see that orange graph head upwards continually ππ! If only my stocks portfolio and the price of HIVE looked like that too ππ€.
As you can see, blogging on HIVE is the main reason for this growth, with the majority of my author rewards being channeled into my Hive Power AND with no power downs at all. (All thanks to my attempt to chase for the Hive Power Up Month badge π) The growing Hive Power accumulated also has the other effect of increasing my Curation Rewards. π€π€π€
Therefore, to anyone who is doubtful about the benefits of regular blogging and remaining invested in HIVE, I implore you to take a look at my stats and draw your own conclusions. ππππ»
πππMy Long-Term Planπππ
Now clearly, I wouldn't just spend such an amount on just being able to write and reply in a community. HIVE as a token also has significant value and growth potential. This is the price chart for HIVE since it's inception. As all the HIVE regulars know, HIVE reached its ALL TIME HIGH earlier on in November 2021 at about $3.
This month has seen some ups and downs for crypto. The good news of a set date for the long awaited Ethereum Merge managed to boost the overall crypto market. However, once again, the bad news from the Feds in just the past week took away most of the month's gains.
We're still definitely deep into the Bear territory and I doubt there're be any quick recovery as of yet. However, I also believe this is a good time to DCA and accumulate some crypto while it's at such low prices. It could get worse before it gets better (and it probably would too) but as they say, time in the market - not time the market. π
Hopefully it'll pay off one day.
(Obviously, these are just my own opinions too, so please don't take this as some financial advice. I'm definitely NOT any financial expert/advisor π .)
ππππ₯³πWAGMIππππ₯³π
I can see the potential in HIVE and am bullish on its future prospects. As they say, diamond hands and HODL ππ, I too intend to just hold onto my HIVE tokens and since I've no intention of cashing out anytime soon, what better way than to participate in HPUD and locking it all in.
Keeping my HIVE powered up as Hive Power also earns about 3% interest and gives me increased returns on my curation. From what I've seen, curation APR ranges anywhere from 4-12% depending on how efficient I am at curating. This sounds low especially in the crypto world, but it is still far superior to any bank interest rates. π°π°π°
I hope to continue to powerup monthly in this community event whilst also growing my Hive stake. It would be most interesting indeed to chart my monthly progress this way too.
Before I sign off, I would like to thank @thebeardflex @hivetrending and the rest of the guys at the PIZZA DISCORD (join this great community, plenty of events and airdrops and friendly people willing to help!), @traciyork for helping me with lots of questions earlier on about Hive PUD/PUM and also for delegating a big chunk of HP to help in my early blogging days (and also another member of PIZZA!), @namelessnameless , @relf87 & @koodies for all helping me in one way or another in learning about crypto in general. ππ₯³π
I'll see you all again during the next Power Up Day next month with another update! Till then, See you and WAGMI! πππ»π¦πͺπ»
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Woa, within just 10 months, you manage to grow from 47HP to now where you are. That is insanely impressive!!!!
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Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
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!PIZZA for you, fellow metafren
Another month of an upward trending graph for you. Congrats. :)
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in some peopleβs eyes.
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π Thanks. I intend to keep that going. π€
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5000 PGM IN STAKE = 2x rewards!
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