Foreword
Good day everyone and happy mid week. Time really pass by so quickly that more than half the year had already zoomed past us. Would like to give a quick update on my Hive Savings.
2025 Goal Progress Check
Primary Goal: Reaching 18k HP by 31st December 2025
Secondary Goal: Stretch primary goal and push towards 20k HP by 31st December 2025
Power | Start | Goal | Current |
---|---|---|---|
Hive Power (HP) | 10000 | 18000 | 14707 HP |
Delta to primary goal: 329316 HP
Delta to secondary goal: 5293 HP
In terms of growth, we manage to gain 723 HP since the last update, which is really doing ok in terms of monthly growth to meet the primary goal but in terms of secondary goal, it is becoming more and more far fetched. I will continue to work on progressing toward primary goal while trying to find ways to see how I can close the gap to the secondary goal. The gap is still very glaring and I will need to be consistent and push towards greater growth from the momentum built thus far and from the base of HP accumulated. Sometimes I wonder, why did I set such a crazy goal to meet.
Enablers for Goal
There are a couple of things that have worked well for me in 2024 and I know these will be the key enablers for my goal in 2025. Let's go through them 1 by 1.
Blogging on Hive Blockchain
This has always been the biggest source of HP growth and the need to be consistent in writing and curation. Will continue to stay strong in this and try to grow accordingly as shared in the power up day post, I've gain about 685HP in a month. Thank you for all the support in curation of my posts.
Layer 2 Token Management
There are many nice layer 2 tokens on Hive that provide some form of passive income. And there are also that have been accumulated while blogging and curating. Actively managing these tokens are important for growth, so here are some of the layer 2 tokens that actually generate liquid hive or swap.hive for me and boost my HP growth.
Liquid Hive Sources:
Holding EDSI tokens - The amount I have yields me 0.108 HIVE per week.
Holding BRO tokens - The amount I have yields me 0.021 HIVE per week.
Holding SIM tokens - The amount I have yields me 0.027 HIVE per day.
Holding DAB tokens - The amount I have yields me 0.005 HIVE per day.
This totals up to 0.353 HIVE per week is a good increase compared to last month. DAB dividend become more consistent and I've added it back. Holding SIM is still the main driver in growth due to me playing dCity which will be mentioned in the later paragraphs. EDSI is also something that I would like to have it increased and little bits of EDSI came in from the EDSMM mining token which I am really thankful. BRO will be BRO, still very consistent and I want to build on it.
SWAP.HIVE Sources:
Holding BBH tokens - The amount I have yields me 0.009559 SWAP.HIVE per week.
This is a slow and steady growth from last month, though not super huge but it is good that it is growing bit by bit. Maybe I should try to get a little more of these and boost up the weekly earnings.
dCity.
This is the biggest piece of the pie that generates more liquid hive when holding onto this token. Active managing and seeking ways to improve SIM income in the game will allow me to hold more SIM and subsequently gather more daily liquid hive drip. I am enjoying the game right now after an initial setup by a friend and now building up the city to yield me more SIM on a daily basis and ensuring the city becomes prosper to allow strong base of SIM and reaching the 1 million SIM Power mark to be part of SIM Millionaire for better benefits. At this moment I am pushing more layer 2 coins that are sitting around that I am not focused on into SIM so that my daily liquid hive drip can increase with more SIM accumulated. Another milestone that I want to achieve in this is to hold on to 1million SIM to be a SIM Millionaire.
If you would like to grow your savings through growing SIM while building a city, join me and many others to play dCity.
Dcity Link: https://dcity.io/
External Faucets
While the accumulated amount is not going to make you rich and only a very small amount everytime you claim a faucet, it is something to just past time when you are commuting or waiting to collect your meals. I call it the rainy day petty cash and when needed, can be deposited into hive to boost HP or even make small token purchases.
Interim Plans Summary
- Focus on SIM holdings increase
- When able to, increase ESDI holdings
Closing
The year is almost moving towards the last quarter and I am still a big chunk away from my goal which makes me worry if I truly able to meet my goal with the remaining time left within the year.
See you next month.
Saturday Savers Club
What is Saturday Savers Club?
The Club is a supportive group of people who meet up around the weekly post, usually on a Saturday but occasionally on a Sunday, to share tips and techniques and have some fun in the process. Saving is a skill that takes time and practice to acquire and, like learning any skill, doesn't always go the way you planned.
Interested in joining Saturday Savers Club? Check out @eddie-earner.
Something to checkout
While we continue to grow the city or play play2earn games, do give Crypto Company a visit and check out Banner to Boost campaign and other amazing programmes they have: