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Today is an interesting day, two events I usually participate in fall on the same day this month. I'm speaking of Hive Power Up Day and Saturday Savers, so today I'll be throwing together a combination post. So to kick things off let's get the power up out of the way! I didn't have a whole lot of liquid Hive today, so I powered up what I could being the minimum. Tomorrow is my HSBI giveaway and I have to save a few Hive to pay out the winners!
I had hoped for a stronger power up this month, but things just didn't work out that way this time around. There is always next month, and I do tend to do small power ups throughout the month as well. I have a goal to reach 10,000 HP so I'll have to do more of those to make sure I reach it. Time to jump into the Saturday Savers part of the post!
Hive Power
I have set my initial HP goal for this year at 10,000, which I feel is relatively easy to accomplish. I have increased my HP by 91 this week and currently have 6,668 staked Hive. A little better than last week, but not ideally where I want to be in regards to earning. I want to see around 100 per week. The higher Hive prices have slowed this down, but I will never complain about high Hive prices! I am 66.7% of my way there!
I'll need to convert some HBD into Hive for power ups along the way to ensure I reach 10K!
PIMP
This year I again have a goal to reach 50K staked PIMP and it feels very doable. This is my secondary goal for this year. This week I only picked up 100 on the market and prices haven't been too bad lately. I also earn daily from posting and from tips, so even without purchases I see my totals increasing. As of this morning I have 34,615 PIMP, I am at 69.2% of the final goal. I will need to pick up my purchasing though in the coming months to make it to 50K!
Leo
This year I set a goal to reach 5,000 staked LEO, not as a primary or even secondary goal however. At 5,000 staked LEO you can receive 6 stake based curations in a month, whereas I can only receive 4 at 2,000 staked LEO. It would be great to reach that level, and at the time being LEO is cheap so it may be a very reachable goal! I have just about 2,350 at the moment.
EDSI
My goal this year is to reach 200 EDSI, I really need to buy at least two a week to make it. I only picked up one this week as well as last, so I'll need to pickup four this week to catch up. I have just over 105 right now, so 52.5% completed in the goal.
It's a great token that has stayed stable over time, additionally it offers curation and dividends as well, both things that I greatly appreciate!
DUO
Now for the best token of them all, at least it is in my opinion. However, since I helped create it I may be a little biased! About six months ago along with @bitcoinman and @bulliontools we created the DUO token to help fill voids in the Hive community. The purpose of the token is to accumulate enough Hive Power to be able to use a portion to support new onboards and help retain them through encouragement and with curations. We currently have about 36,488 HP in the curation account, and are already onboarding and actively searching for new Hive members that want to grow their accounts here in the community.
Our guest author program is allowing Hive members to earn by posting original content on the duo-curator account. Please see our latest duo-curator posts for rules and information on how to participate. You can receive half of the earnings from the post plus five DUO tokens and if you want we can even pay you out in DUO tokens to build your personal stash.
We also have a new number guessing game in our update posts where you can win some free DUO. Don't forget to check out our posts and guest posts for a chance to win some DUO token!
DUO token holders receive by far the greatest benefits. Once you have 200 staked tokens you can receive a daily curation on your quality posts and receive daily liquid Hive dividends. Once you stake more than 500 DUO you also can use the DUO tip call to tip someone with some DUO, and in return you get the same amount of DUO in your account. It pays to tip others with DUO!
I currently have just under 1.400 of these and will be continuing to purchase them. Once this tranche of tokens sells out the price will jump from one Hive to 1.5 Hive each, and there are only 11.8K left. My advice is to buy in early while they are less expensive! Plus you will make money as soon as this batch sells out due to the price increase! Last tranche sold out really fast once it hit 10K remaining, don't say I didn't warn you! All Hive from token purchases is locked into Hive Power and will never be powered down.
Other Tokens
I will continue to hold onto my staked DBOND and DAB tokens. It's a nice program that builds up over time earning you more money with essentially no effort. Staked DBOND tokens pay out DAB tokens, which you can stake to get paid out more DBOND tokens. Alternatively you can leave DAB unstaked to receive liquid Hive instead. I'm very happy with these! My current DBOND balance is 274 and DAB balance is 52. I won't be purchasing more of either however.
RUG is a token that earns income outside of Hive using liquidity pools and brings the proceeds back into Hive, 75% of earnings are paid out to RUG holders in the form of DBONDs. I will be slowly picking up some more RUG as I have extra funds, I think it has a bright future!
SIM token is the governing token for the game dCity here on Hive. I do play the game to earn extra tokens, but recently they did cut their incentives, so my plans to grow to two million tokens is off the table for now. I will continue to hold the one million I currently hold and enjoy the daily Hive dividends that it pays out.
POB tokens that I earn from my posts I am staking and then delegating them to pob.voter. In return once a week I receive a liquid Hive dividend from them, which is always welcome. I currently have delegated out 1,329 POB tokens.
BBH and BBHO are also great programs and started by @bradleyarrow . BBH is a tipping token which allows daily tips depending on how many you hold, I have over 50K now which gives me 50 daily tips to give which I never manage to exhaust. I love always having BBH tips available, it's nice to always be able to hand out at least a small token gift! There is also a weekly drip of tokens that is paid out each Saturday to holders. I also give away 100 BBH weekly in my weekly HSBI contest!
BBHO is a nice token that pays out weekly payouts of various tokens if you stake them, even DUO if you hold over 2,000 staked (which I do!) I currently have 2,640 staked BBHO. While I don't have any set goals here it might be nice to make 5K BBHO by years end. I think this one is already a subconscious goal, I might as well just come out as admit it's now a goal for the year!
Silver
Silver has been showing some strength this week, now back above $31. Hopefully, those levels will hold and make another push up. The big wild card is always what action the Fed might take as it can send silver prices spiraling upward or plummeting down. I'm bullish long term on silver and continue to buy it and hold it just as I have since I was a child. It's a great investment and tool to build wealth.
silver over the last five days, chart from kitco.com
I always like to share some fun silver to invest in each week. Today is this Morgan Dollar style silver round, price at only $3 above silver spot! That's a pretty good deal for some good looking silver! It may not be the original coin but it does have the classic coin design!
From APMEX.com
These are a great price with the sale right now. I'll put the link in the references if you want to grab some. There are also sales of various gold items lately that are at the spot price, so if you're looking for deals, gold is a great investment too!
It's always smart to invest in precious metals, and a way to build your overall wealth!
That will wrap up this week's #saturdaysavers post. I hope you enjoyed it, and it's nice to see some progress towards the goals. Please feel free to leave any comments or questions below. Thank you for all of your support, I appreciate the whole Hive community. Have a great weekend everyone!
If you are interested in precious metals the #silvergoldstackers community may be right for you. We share silver and gold items with each other, and even if you don't have any precious metals to share you can still participate and learn!
References:
https://www.kitco.com/charts/silver
https://www.apmex.com/product/55644/1-oz-silver-round-morgan-dollar-design
Disclaimer:
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
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DUO token
This is a token from the Hive Onboarding Committee (HOC). It offers curation, dividends, and a tipping bot for those who stake enough tokens. The overall purpose of the token is to stack enough HP to be able to assist the HOC in onboarding and retaining new members to Hive.
Please check out the white paper: https://peakd.com/pimp/@hive-193566/duo-white-paper
You can find DUO for sale here:
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO
If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers
I'm a proud member of The Alliance Family!
The HOC focuses on onboarding and supporting new Hive members
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