Hey All,
I began this year with a goal to reach 150K+ Hive Power aka (HP) by the end of 2025. I’m happy to share that I’ve already achieved 200K+ HP and this was majorly due to 80K+ Hive Powered Up this month alone. Yes, that is correct the number is 80K+ HP that has been powered up from my account @gungunkrishu and the same is reflected in the above image taken from peakd analytics page. I started this month with having 121K+ HP and as of writing this article here is current HP stake...
Powered Up 80K+ HP this Month to Reach 200K+ HP - What NeXt?
Thers is around 6.9K+ liquid #HIVE as well, which I have kept at the moment for future opportunities, flexibility, and possible investments. To be precise, my main plan is, if HIVE pumps from here, then I will be converting some into HBD [Hive Backed Dollar] and park it in savings to earn the 15% APR [Annual Percentage Rate]. There was a time back then when I used to have 10K+ HBD in the savings accounts. But then had leveraged it to enter some other crypto projects like #RUNE, #COTI, #VIDYA, #VET & #VTHOR. Anyways foscusing on present, I plan to now build my HBD stake slowly and gradually and bring to the last level where it was i.e. 10K+ HBD into the savings account. Ok then what about HIVE? Should I stop here, or continue building my HP stake? Short answer there is no stoppage whatsoever and I will continue to build my HP stake. Have a look at my current Hive curation rewards that has increased drastically.
At the start of this month, my HIVE curation rewards used to be around 10 - 15 HIVE and now its almost 40+ HIVE daily. The above image reflects the same. What this means is that the more HP stake one has the better it gets for the curation rewards and I also noticed that curating is far much better than delegating your hive power. I will talk about this subject seprately in one of my other blogs. For now it is evident that I am earning a good chunk of HP via the curation and cherry on top being the author rewards that is further adding up in building my HP. Roughly I am able to add 100+ HP considering the curation, author and other passive income streams that I have generated here on the HIVE Blockchain. Hence, the point here is that when I am able to generate this much #HIVE, there should be no stoppage. I will continue building and compounding my HP stake this is for sure. Not setting specific targets here for now and the foscus shifts towards buiild the HBD stake. Accumulate as much as HIVE as possible for now and wait for the right opportunity to strike to get all those HIVE converted to HBD and stake them all. Its going to be that SIMPLE - but when that moment will come is difficult to predict. For now, it is about staying consistent and steadily building. Ok this should be it for todays post on - "My HIVE GOALs - Powered Up 80K+ HP this Month to Reach 200K+ HP - What NeXt?" Let me know how is your Hive Power stake building up and are close to hitting your HP Goal.. Selling Vs Buying #HIVE.... cheers
Image courtesy: peakd
Best Regards Paras
Posted Using INLEO