On this platform, we all have certain goals. If we talk about Hive power or Leo Power many of us try to accumulate as much as possible because this way we get more power to support more content creators on this platform. this is the power that we get with a bigger stake and same we can extend to the community as part of the curation. I see people sharing their goals on this platform and they also share frequent updates that how they are doing and if in case there are any changes required from their end to ensure that goals are achieved on time. I believe it is a good strategy but somewhere I lack this part because I'm not consistent to share such updates. Maybe in future, I can try to share such updates from time to time but again I can't commit anything because I may or may not be able to do this. I'm an active content creator on this platform but most of the time I miss talking about the Leo Power or high power goals update and covering different topics.
Hive Power Goal
Today I'm talking about this because I have raised a nice number of hive power. I noticed that I had reached this nice number almost as I was short of 0.194 hive and I did power up to reach there. Now my hive power is 44,444 and this number looks good, isn't it? I have a goal for this year to be at 50k HP and we are in the second week of August. It means in the next 5 months approximately I need to add 5k+ HP in my wallet. it seems a bit difficult but challenge is something that should be a bit hard to put our best.
I believe it is important to build the holding and this time we are already in the bear market situation then it is even better to grow it faster. I have seen in the past when the price for hive is high then a lot of people come and write more because they want to earn bigger rewards. But when the price is low then they go away and this way we can say that they are the ones who look for opportunities and bigger rewards only but I believe during the beer market we get more tokens. Although the value is not so high but trust me it is the best time to build.
Leo Power
My current leo power is 17,839 and my goal is to have 20k leo power by the end of this year. I did pretty well here because I am going to surpass this goal for sure however I'm not sure by what number but it will happen in the next few months. After this LPUD event, I'll be crossing the 18K Leo Power Mark. I'll be trying to have 25K Leo Power by end of this year which will anyways surpass the goal for the year 2023 however I'm not sure if 25K is possible or not but for sure the goal will be surpassed.
This LPUD event is just three days away and I believe I should be able to make the power up for approximately 800 or even more tokens. Usually, it is difficult to buy when the event is around because most of the people just try to hold and power up and this is the reason why I did buy some tokens already and even got some liquid tokens every day as part of the delegation reward for H P. We can earn 16% APR paid out in leo tokens if we delegate to @leo.voter and I have done 5k HP delegation that pays me out good reward. Leo is a high-value token and there is a lot going on so I believe that this is the best time to build a bigger holding of leo power and later it can be even more valuable.
Although this is not financial advice but I can say that as of now hive and Leo both are highly undervalued and during this bear market, this can be a good opportunity to build a bigger holding. it is a kind of investment that is going to be much more valuable in the long term and if it takes a couple of more years for the bull cycle then that time can be utilised for building the portfolio. Both the goals that I have mentioned here are on track it seems and I will try my best to make it happen and if in case I realised there is some gap then we will be adding some liquid tokens in between to breeze the gap.
Thank you
Posted Using LeoFinance Alpha
