Good Saturday Everyone, or Good Day if you read this post later
Welcome to my #saturdaysavers post, and as usual here I share the journey of my #saturdaysavers club activity together with my hive goals #Myhivegoals. In general, we can say this is the update of my saving goals.
In the past I set $ALIVE as my secondary target over $PIMP, because $PIMP can be utilize not only by staking, but more on Liquidity Pool. That's one of the reason that tracking $PIMP on my saving a.k.a staking would be hard. So with other additional consideration, I have set $ALIVE and their ALIVE POWER (AP) as my secondary target.
However as time goes, ALIVE underperforms recently. I could tell many reasons about it, but I will share part of it why it doesn't look good.
Check out this screen shoot.
When we have good amount of Staked Alive or ALIVE POWER (AP) we start getting some dividend or daily payout. As we see above, I show you guys that two of those tokens are dead projects, DHEDGE and PGM.
Many questioning my silly intention to take over PGM project, which I don't think it has any progress even though I still hope some one else manage to get it running again. When a project dies on Hive, it effects many stakeholders. So it is not us, individual who will lose the value of money in those token, but other projects suffer the same too.
So by trying to save the dead projects, it is not only trying to save what should be inside your wallet, but you are helping other projects too that might invested a lot in that project or had many strong connections or transactions with that projects.
With those two tokens down with no value, ALIVE payout becomes less attractive so in the end we can expect ALIVE price is slowly moving down. I have decided with the current price, I will start buying $ALIVE again. I believe the ALIVE project is far from dying, they just got struck by various problems, from real life activities which draining much of their time, and invest in dead projects which are DHEDGE and PGM.
I still believe they could survive and make a come back later. They might not as big as InLEO community but ALIVE is one of the biggest second layer community in Hive too. The third precisely, after Inleo and Waivio. Correct me if I am wrong on this...
So I lets push Alive Power More.. So when they can rejuvenate this project, we are not starting from 0 again.
However still... #DYOR first... Never takes people opinions, such us mine here, as a Financial Advice. This post is never to be intended to be a financial advice.
MY HIVE GOALS : HIVE POWER (HP)
My primary goal is to grow my Hive Power as good as possible. A goal must have a target so I have decided that my primary goal is to reach 11.500 Hive Power (HP).
My goal is to have 11.500 HP this year, not an easy one but of course it is very possible. Let's start this one by checking my HP Growth recap right now:
Half of Q2 and I only get around 25% of my quarterly target. I think this quarter I won't make my target, I could top up big but that's not how saving should go. If those fund can be better used or needed more on other account / place, then they should remain there first rather than coming here prematurely.
If those funds could be better utilized or are needed elsewhere, they should remain allocated accordingly, rather than being prematurely diverted here
THE HBD
As usual, I have made a 5 $HBD saving today. I am trying to make this as a weekly habit, although I know well next week would be difficult to achieve this .
There are two reasons why it would be difficult or harder. First my liquid $HBD is low and second with the current $HIVE price below $0,33, I see making a post with 100% Hive Power rewards is more interesting than a 50:50 portion with $HBD share.
Anyway, my current $HBD saving now reaches 255 $HBD. I hope this would keep on growing, but I have no exact target for this.
MY SECONDARY TARGET : SECOND LAYER TOKENS
My secondary saving targets are HIVE second layer tokens, and at this moment I have set the priority target is $ALIVE token and my goal this year is to get 6.000 Alive Power (AP). AP stands the same as HP, which means the staked $ALIVE.
This is my $ALIVE screenshot from my wallet.
and here is the table of my saving progress:
| Date | Previous AP | Current AP | Target | Growth | AP Rank |
|---|---|---|---|---|---|
| Q1 2024 | 331 | 1.179 | 6.000 | +848 | 137 |
| 6 April 2024 | 1.179 | 1.240 | 6.000 | +61 | 130 |
| 13 April 2024 | 1.249 | 1.474 | 6.000 | +225 | 118 |
| 20 April 2024 | 1.474 | 1.769 | 6.000 | +295 | 100 |
| 27 April 2024 | 1.769 | 1.885 | 6.000 | +116 | 95 |
| 4 May 2024 | 1.885 | 1.899 | 6.000 | +14 | 92 |
| 11 May 2024 | 1.899 | 1.918 | 6.000 | +19 | 94 |
| 18 May 2024 | 1.918 | 2.575 | 6.000 | +657 | 77 |
Last week my rank dropped so that cause me to set this week as a come back week for $ALIVE. I have managed to pump 657 AP (Alive Power), and made this move as this week #saturdaysavers post topic.
OTHER TOKENS ON MONITOR
Other than $ALIVE, I am saving these tokens too
| Tokens | Status | Last Period | Today | Target | Growth | Staking Rank |
|---|---|---|---|---|---|---|
| $NEOXAG | staked | 12.044 | 12.141 | 100.000 | +97 | 257 |
| $THGAMING | staked | 199.439 | 199.742 | 200.000 | +303 | 18 |
| $PIMP | staked | 2.266 | 2.305 | +39 | 133 | |
| $LEO | staked | 237 | 237 | 1.000 | ~ | 1.050 |
| $PGM | staked | 7.995 | 8.022 | +27 | 5 | |
| $PSX | staked | 2.050 | 2.057 | +7 | 15 |
This week, the same as my previous week, I haven't spent any HIVE on purchasing these second layer tokens. Things go lame on this part, but hey... those are not my priority at the moment anyway.
CLOSURE
Saturday Savers Club is for anyone who wants to make some saving in any currency for any purpose. The Club is a supportive group of people who every week making some post about our saving plan and update. Some even share tips and techniques or maybe sharing their fun in the process.
For further information and if you want to join into this club, you can do your own research on @eddie-earner. We are waiting for any of you out there to make this club bigger and more exciting.
See you next Saturday...
Posted Using InLeo Alpha
