My Week in Review for October 26, 2024

thebighigg in #hive-167922 • 6 days ago

https://img.inleo.io/DQmZ1eSp9fBrYWBLtmMd33KGneR8P1FsyU8KUgc3V6TrTk9/29-zV8tDTjqbIkbuI5MM1Q.webp

Today is looking to be another beautiful day, should be sunny and 77 F (25 C) here in southern California. Not too bad for the end of October! Last night there was an earthquake in Death Valley, California that shook Las Vegas, but I didn't feel anything here thank goodness. I hate earthquakes! One of the bad things about living in California...

Since it's Saturday I'll be doing another post about my progress here on Hive over the last week. I joined the Saturday Savers community to help me define my goals more clearly. Prior to this I had goals but to be honest the were a lot more nebulous. Having defined concrete goals made a big difference and helped me become more consistently active here in the Hive ecosystem.

So far this year I've already surpassed two of my goals which has felt great. I'm still holding out hope for the others, but my secondary goal is staring to worry me just a little. But there are still two months left in the year so I may yet destroy that goal as well!

Let's jump into the numbers for this last week...

Hive Power

I had a great week in this category! I started the week with 5,140 HP. As you can see below I now have 5,250 HP, so up 110 on the week! At the rate I am progressing I just may hit 6K HP by year's end! My initial goal was to just reach 5,000 HP, so that goal has been crossed off the list as completed.

I'm ecstatic to have this goal already smashed for the year and to keep on building my account!

PIMP

My secondary goal for the year is to reach 50,000 staked PIMP. I currently have al little over 30,900, so there is a bit of a ways to go on this particular goal. I was buying quite a bit earlier in the year but then the prices started to climb and I slowed by buys. I may just have to bite the bullet and start picking up chunks when it's a touch cheaper. It's a great token and the only one backed by real physical silver in the PIMP vault!

Leo

This was a goal I added late in the year. I wanted to reach 1,500 staked LEO by year's end, and I've completed that goal just this week. I now have 1,504 total LEO tokens, so maybe 2K isn't out of the question. We shall see how much I can stack up in the two months that remain in the year!

HSBI

This year I wanted to have at least 2,000 HSBI units by year's end. I now have 3,025, so over 150% of the original goal. I would call that a homerun and a half!

I'm up 50 units on the week, not too bad for not really even trying or paying attention to this particular goal anymore.

For those of you new to Hive or unfamiliar with the HSBI program I have some guides to help you out. When I started blogging I had no clue what they were and had to search around until I stumbled on a post that explained it to me. That's why I include this every week to help someone out if they still don't understand the program.

I also run a giveaway weekly where you can win up to ten HSBI by simply answering the entry question in the post. I'll put the current contest link below if you want to enter. The prizes are two prizes of five HSBI, one prize of 2 DUO tokens, and a legendary Splinterlands card up for grabs as well! Now onto the HSBI info...

Here's that info on HSBI, this stuff doesn't change much week to week, so skip the next paragraph or two if you have heard the song and dance before.

The HSBI program provides periodic upvotes on your posts, and the more you have the more frequent the upvote and bigger as well. If you want more information you can read my post about it here:

https://inleo.io/@thebighigg/hsbi-what-are-they-my-experience-and-a-starter-guide

Last year when I started to look at HSBI more seriously I had a grand total of eleven units. I decided to invest more in the program by adding a daily re-blog lottery to my posts. It really made my numbers grow. Eventually, I became tired of the daily extra work and so I switched the giveaway to a weekly event. I also started to sponsor other weekly events and continue to do so every week. Some of those events include Shadow Hunters, Three Tune Tuesday, and #NinetiesFriday in addition to my weekly ten HSBI giveaway. Here's the link to enter:

https://peakd.com/hive-140084/@thebighigg/ten-hsbi-and-two-duo-token-giveaway-week-32-8ua

If you have questions about the events above feel free to ask, my favorite currently is #ninetiesfriday where you can share anything from the 1990's. Your imagination is the limit! One lucky winner will win six HSBI every week, three from @geneeverett and three from me.

SIM

This token is great to invest in if you like daily Hive dividends. Once you hold a certain amount you qualify for daily dividends, I think it may be 8K, but don't quote me on that. I currently hold just over one million and I'm planning on picking up another million before year's end, I just keep finding other things that are more pressing so it gets placed on the back burner. But I will get this one done soon!

DUO

This is a really cool token, I may be a little biased though because I help create it! DUO is a token that I created with @bulliontools and @bitcoinman several months back now. Our goal was to create a token that could build up enough Hive Power to assist in onboarding and retaining new Hive members. Our hope is that the curations we can offer will help encourage them so that they can grow into successful Hive bloggers. We are still very early in the project but have already managed to accumulate almost 22,000 HP thanks to our investors.

DUO token holders receive some great benefits. Once you have 200 staked tokens you can receive a daily curation on your quality posts and receive daily Hive dividends. I mentioned the dividend earlier, they are pretty nice to get daily! 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 over 1,117 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. 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!

Other Tokens

No big changes here, I am continuing to collect DBOND and DAB. I have both my DBONDs and DABs staked, so the staked DBOND produces more DAB, and the staked DAB produces more DBOND. So they are slowly growing. EDS I'm just continuing to hold just about 100, I would like to increase my EDS holdings at some point. I will have to look for some good buys with an eventual goal to surpass 200. It may not happen this year but it will happen eventually!

Silver

Talk about a roller coater ride! This week has been full of hills and valleys but it looks like prices are getting ready for another climb. Silver and gold had a pullback this week but it's not likely to stay down for long. That means a nice time to buy some extra precious metals while they are a little less expensive. Gold and silver will always have value, even if there is a zombie apocalypse! In my opinion everyone should have at least some of both.

silver over the last five days, chart from kitco.com

Every week I like to share great ways to invest in silver. It's not just coins or jewelry, there are all sorts of cool options out there. Probably one of the cheapest is going to be silver shot. This is pure silver in the form granules or little round beads. It is often used to melt down and make silver items from them, however they are a great way to invest in silver. Much of the time they aren't much more expensive that the price of silver, especially if you shop around. So if you are looking for a less expensive way to invest, look at silver shot!

from Apmex.com

That will wrap up my #saturdaysavers post for the week. I'm happy with my progress so far on the year, but I still need to double down on PIMP if I'm going to reach that 50K! If you have any questions or comments please feel free to leave them below. Thank you for all of your support, it really is greatly appreciated. Hive is the best! 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/category/25785/industrial-silver-grain-bars-more

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!

Header generated with ideogram.ai

DUO token

This is a brand new 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