Is Rektember Coming or Not? My Hive Goals (Week 33, 2023)

This is a short sum-up table with the state of my goals in easier TLDR form. The table has only some information, so if you want details, they can be found in the post.

Current State/Other Selection Criterion	Goals Matching the Criterion
Ongoing	5 (HP + HBD Savings, LEO Staked, Comments Made, DEC Saved 2 - Stage 2, Cards for Staking on Land - Stage 2)
Completed Main Goals	0
Completed Goals	3 (DEC-B Saved, DEC Saving 2 - Stage 1, Cards for Staking on Land - Stage 1)
Main goals	3 (HP + HBD Savings, LEO Staked, Comments Made)
Goals	2 (Cards for Staking on Land, DEC Saved 2)
New Goals	2 (Cards for Staking on Land, DEC Saved 2)
Increased Goals	3 (HBD target for HP+HBD Main Goal - twice, DEC-B Saved)
Decreased Goals	2 (Comments Made, Cards for Staking on Land - Stage 1)

I include a link to the initial goal-setting post for 2023, for reference, if needed.

I said the following in the goals update from last week (emphasized now):

... the bull market is taking its time to show up and the floor for HIVE remained quite high, which is great for the ecosystem, but not so much if you are accumulating. I was prepared for both situations (bull market or lower floor), but we are now somewhere in the middle which isn't fantastic for my goal.

Strange coincidence, but this week I've got my lower floor for HIVE (and everything else)... And I took advantage and probably will continue to do so.

Is this catching falling knives and we're up for a Rektember? Maybe, that's why I was conservative in my purchases. For HIVE, I purchased with my accumulated HBD author rewards and with 15 HBD that I withdrew from my savings. I also withdrew another 100 HBD which are in standby right now because I haven't taken any decision at this time and price.

This week's low can be one hard to match until the year-end if the sentiment in the market changes. But what could change the sentiment?

A Bitcoin spot ETF approval by the SEC at the beginning of September would. But will they approve any of the 7 ETFs they have to decide on at their first deadline (including BlackRock's)? From their recent modus operandi, I doubt it. Looks like they might adopt the stalling tactics for as long as possible (maximum 240 days from the official publication of each ETF in the Federal Register).

A mass delay of all 7 ETFs, while probably expected at this point, will still likely trigger a negative reaction in the market. A rejection of any of them would probably be the fuel to rekt us in September and maintain intact Rektember's reputation to be a red month for bitcoin in recent history (since 2017).

Let's see what has changed since last week regarding my Hive goals.

HIVE Power (HP) + HBD in Savings Main Goal

My staked HIVE reached 33,290 HP this week. I am on course with my daily powerups for the PUM badge this month. My HBD savings are reduced to only 100 HBD, after two withdrawals (15+100). The 100 HBD remain liquid for the time being while everything else went into buying HIVE.

Here's what the evolution of the HP+HBD goal looks like (price evolution already rekt my HP+HBD goal this week, lol):

I can't influence this 100% through accumulation, but it may be useful info. I need 270 HBD-worth progress weekly until the year-end to hit the HBD target or 599 HIVE-worth progress weekly until the year-end to hit the HIVE target. Progress can be realized through accumulation or price change (this can produce regress too). One target is enough to complete this goal.

LEO Staked Main Goal

I staked 420 LEO this week (including 170 on LPUD) - around 68 of them purchased - and reached 18,420 LP. My powerups from this week are way more than the average needed per week, but I wouldn't mind if I cleared this goal a little quicker.

I currently need to stake 215 LEO weekly (down from 225 last week) to reach the target by the year-end.

Splinterlands Land Expansion Main Focus

Land expansion's main focus extends throughout 2023. Unless I change the strategy, it will be the only main focus / main goal for Splinterlands in 2023. But there will be several 1-3 months goals.

First Land-Related Goal: DEC/DEC-B Saved - Completed

This goal is COMPLETED.

Deadline (passed): When DEC-B offer runs out, either because all were sold out or because the time limit was reached (April 9th).

Target to consider the goal completed: 1.5 mil. DEC-B saved. Done!

DEC Saved 2 Goal - Stage 1 Completed

[COMPLETED] Deadline stage 1: June
Deadline stage 2: August
Deadline stage 3: End of 2023?

Target to consider the goal completed:

• stage 1: 1.2m DEC (COMPLETED)
• stage 2: 2.2 DEC (1m additional DEC)
• stage 3: 5 DEC (2.8m additional DEC)

Current situation: 1.2m DEC (liquid) and 92k DEC x 2 = 184k DEC in SPS:DEC diesel pool.

New Land-Related Goal: Cards for Staking on Land Stage 1 Completed

^{The purpose of this goal is to build the amount of high PP cards I need for staking on my tract.}

^{We will need to fill 5 slots per plot with staked cards, without requiring summoners (that doesn't mean they can't be used as regular cards).}

So, what are the details of this goal?

Deadline:

• [COMPLETED] Stage 1: June 2023
• stage 1.5: August
• stage 2: End of 2023 (this will be a new goal)

The total number of maxed-level* cards needed for staking on land: 500 (5 x 100).

• stage 1: need 120 cards for land by the deadline (decreased from 220) COMPLETED
  • stretch goal: have optimized cards for 24 plots COMPLETED
• stage 1.5: need 220 cards for land by the deadline
• stage 2: have 500 cards for land
  • stretch goal: have optimized cards for 44 plots

(*) any card with at least 1000 PP suitable for the terrain types I own will do (better for better plots); doesn't have to be maxed

Current situation total: 139 / 500 (27.8%)

Current situation stage 2: 21 / 100

Time remaining until Stage 2 deadline: max 2 weeks?

Note: Taking my time. Practically, if I'm a little bit behind my DEC saving goal, I'm ok with this goal. For max-level cards, my DEC could currently support 136 cards at full production capacity, so I'm quite ok with this goal progress, even if it doesn't respect the original deadlines.

Note 2: I still need to take my land cards that are not from my playing deck off the rental market, but that's the last thing I'll do, a few days before Land drops publicly.

Comments Made

Original goal: 18k, REDUCED to 17k, by the end of 2023.

I started this week with a total of 15096 comments made.

Ended the week with 16202 comments made, which brings the number of my comments during this week to 106, which is a little above my needed weekly average.

I now need an average of 95 comments weekly to reach the goal of 17k.

Weekly Buy - LEO

I continued with my weekly 10 HIVE worth of LEO purchases. I'll keep doing that until I believe I am out of the woods with my LEO Power yearly main goal or until the price of LEO pumps and it doesn't make sense to buy anymore.