Account Growth
Hive received some nice pump in the last 48 hours and it is slowly sliding down to its 50 cents area. I shared my thoughts here and as of now if it hits 50 cents I will buy back the HIVE which I have spent on the latest pump. While keeping a keen eye on this matter as because I want HIVE more than ever. I have been try to optimize every opportunity coming at my way and so far all these efforts are looking good. Let's see what are the results of last week grinding!
Account growth
I want to keep a balance in the growth of my account. Which reflects some fields which are much needed to give attention to. I must admit, it has been a very tough schedule to maintain but at the end of the day when I see the output of my input, I forget all the difficulties that I went through for these tasks. Few aspects which I have been focusing my attention are
- Hive Power
- Powering up
- 100% powered up post
- Increase HBD savings
- Increasing Splinterlands assets
- Increasing layer 2 activities
HIVE POWER, has been one of the most needed asset in HIVE blockchain. If you want to consider your thoughts being heard it has an immense value to consider. Lately, I have been accumulating HIVE from different sources. Using them to increase the stake in my account. I have come to notice the growth has been slow despite all efforts considered. But when thinking of it the other way around, it has come to my notice that on average compared to 30 days overview it is looking pretty valid. Atleast few months back my activities were close to null. Compared to that any activities is welcomed I suppose.
A month chart and 1 week chart
As you may see the growth in my account has been constant. I have been actively creating contents, engaging, making up for the long lost time. While the orange line refers to the growth of HP. Which is rising in a very good pattern. I am pretty happy to see that. On the left chart that's a month chart and on the left side it's the weekly chart. Although, need some more focus on improving myself and be a better version of mine than yesterday.
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Powering UP, HIVE is one of the most important task at hand as of the moment. Which is why I am using some of the HBD to swap them for HIVE and power them up. Also using some unwanted layer two tokens and converting them to HIVE and powering them up. Yes, the amount is very little but all I am seeing is my account is growing. Yes, it is probably low but it is better than nothing ;)
100% powered up post, this is something which I have been doing every week. Now I also need liquid HIVE and HBD so I am marking few posts every week and using 100% power up on them. Like this post it is going to be 100% powered up. It does helps a lot. Sometimes when getting HBD it intimidates to keep that as it is. But this way, it helps to grow the account faster.
Increase HBD savings : This has been one of my goal for long term. You know we do need a way of passive income. Yes, in crypto! HBD savings is providing that. I always wanted to have a back up just in case everything goes sideways. HBD being a stable coin it can provide that security. With all the mechanisms behind it, it will probably be very difficult for it to de pegged. And the 20% APR is pretty great as well. Which is why I have been saving a portion of my HBD everyday. Guess, what within a month or so I have reached 30+ HBD in savings. At start it looked like, ahhhhhh its close to no value, it is not really worth it and everything else. But slowly it is growing. I am aware there are other ways to make use of this $$$ but without a big amount its not really worth it. Which is why, building that amount and that even in a safe way as well.
Splinterlands
One of my way to get revived in HIVE. Yes, most of my $$$ spent is on this play to earn game. Tbh it is very very difficult to get a max deck at Splinterlands as of today. But there are plenty of other aspects to move our $$ into. Which is what I have been doing. Although, I am buying cards and increasing my stake there as well. Which is helping me to reach heights. Few days back my card holdings were worth $1000. But as of today I have crossed $1600. That I would say is a nice growth happening.
On the other hand, I have been staking every SPS that I am getting from SPS staked rewards, Node rewards and bit of juggling of SPS from here and there. Lately the price has not been moving a lot but it's a gem to have SPS in our wallet. Makes me want to get more as days are passing by.
On the other hand, I have been seeing a lot of buzz about Splex rental service and I am quite astonished to see the returns users are making. I am now intimidated to use this service. One main reason is I do not have a full set of cards. Which is precisely making my cards sitting their idle in my account. Even if I am using Peakmonsters I am not getting much out of it. While as per the rewards shown from the renting via Splex I would reinvest them in Splinterlands. So that's a positive output! I will try it out soon. Let's see how it turns out!
On the other hand Layer, two tokens are getting much more hyped in the recent days. Few of the tokens which I am looking into
- LEO
- Splintertalk
- Cine
- BRO
Leo community is quite driven to make things work for LEO and its tokenomics. Which is one of the reason I have been accumulating LEO and powering them up whenever I am getting them. I am up 15% in my stake in the last few days. Which is kind of working in a great way. I plan to power up Leo as much as possible and would like to see the community grow. And focus on giving priority to the current inventions. As if they go as planned things would turn pretty good for its holders and the community itself.
Splintertalk, there is not much talk about it. While since it is a tribe token of Splinterlands, I would rather keep it from the rewards that I am getting from my posts. No point in selling them as of the moment.
Cine another tribe tokens which I am looking forward to. As because I have pretty high hopes for it. One of the reason is, the team behind it. Hopefully they will come into do something about it and turn the project into sth cool. So is BRO coin as well. It is sort of like an investment coin. I recently bough some and holding onto them. I am considering it a long term coin. Hoping it to grow my stake over the time.
This is quite it for the day! Although, the hustle is on and I am working to my best to make things work on my favor. Let's see how it turns out in the coming days!
Images used : hivestats.io/@rehan12, & SL Discord
Best regards
Rehan
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Great update. I am really interested in the Splinterlands assets. I am using Splex and it has saved me much time for sure!
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