HBD For Hive Lately

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Hi fellow Lions,

Today I wanted to appreciate the opportunity we are getting with some discounted Hive!

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HBD For Hive Lately

Since the month of October began, I don't believe I've deposited a single Hive Back Dollar (HBD) into my savings account for it!

One of the things that's been an aggressive goal of mine for the last few months is trying to achieve my Hive Power goal for the year, which is 25,000 Hive Power staked for my account! I'm going to ping a friend of mine that's way better at SQL than I am (Asher! :D) to check for me what my Hive Power was for 1/1/2022. I'd be curious to what that number was! I don't really remember it, I think it was 19k or 20k Hive Power which would be great if I was able to earn in one form or another, 5,000 Hive Power in a year! That number doesn't matter as much to me as my end of the year goal of 25,000 HP though!

Goal setting has been one of the things that I've gotten better at in various forms which is nice. This has allowed me to have some focus on things both inside as well as outside crypto!

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With that goal in mind of 25k HP though!, I had a period of time where I was pretty sure I wasn't going to be able to hack it and would fall short! That was based on calculations based on current reward and curation payouts over the next 60 days it was, since I was posting that on 11/1/22, and it didn't look like it was going to happen unless I had some incredible luck somewhere along the line.

That luck ended up turning up, and in a pretty damn good way!

The Splinterlands ecosystem has been a key driver for success for many on here, myself included. I originally got into the game out of fun and because I had won a contest or two where I got some of the packs for free. That was way back in the day when Asher and others ran some minnow league stuff which was a lot of fun! In those minnow leagues, I was able to win some of the prizes and at the time those prizes were Alpha and Beta packs for Splinterlands! Fast forward to today, it's wild to think about getting a beta pack, considering the price of them now lol but that's asset appreciation. It could easily have gone the other way and down the toilet like some other things have!

The ecosystem has allowed me to earn all kinds of incredible amounts of rewards in various means, over the few years that I've played it. I think I've invested several thousand dollars at this point, as well as thousands of hours of playtime. That equates to quite a bit of assets that I've bought and accumulated! With investing in those numbers though, there's going to be returns somewhere along the line if you're able to play your cards right (see what I did there? :D unintended pun!).

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The Splinterlands ecosystem has pulled in for me big this time, and it was crunch time down to the wire type stuff! I'm talking about their expansion with Major League Soccer in their roll out of Genesis League Sports that's going to be coming up. In preparation for that, those who hold SPS in Splinterlands (which I've got tens of thousands of!) get airdrops daily in the asset that is the game token of some kind. I don't know enough about it though, because sadly, I am going to not be playing it lol I have enough things that I've got going on and I can't add another game to my plate!

What that means is that I've been selling every bit of the asset that I've gotten via the airdrop! I know some people might be offended by that but that's the nature of things. I don't plan on playing or investing in the environment for a few reasons (KYC being one of them..) so I'm out! That's allowed me to have an unexpected windfall of 450 or so Hive! That was such a huge plus to my rewards for the upcoming #HPUD that I am now definitely able to cross the 25,000 Hive Power goal I've got for the year! I'm stoked about that one for sure lol. Even if all my upcoming posts get nulled out to 0 I will still be able to make the 25,000 based on curation plus the liquid Hive I've got hanging out in my wallet!

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I read something yesterday that someone was peeved about people selling HBD in a market downturn like we're having. I get the focus on it but it's an asset that is meant to be spent. If things turn south people are looking for exit liquidity and HBD has been one of them. If we are to have Hive be a long-term competitor of the various other crypto projects out there, we will need to make sure we can withstand volatility in the various assets we've got, specifically HBD. I think we have the capability to do that, it will just depend on some other factors coming about. HBD sinks is one of the big ones and savings accounts are one of the many tools we've got to try and encourage the capture of HBD.

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Posted Using LeoFinance Beta

Posted Using LeoFinance Beta



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10 comments
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The moment I heard about the 20% APR on hbd saving I said I will try and at least put 50 hbd there to see if I could get something small but it’s seems the market hasn’t allowed me to do that. With hpud approaching and hive at a low price it’s tempting for me to remove it and convert it to hive.

For now my hive power Goal is 200 hp for the end of November and if am able to power up part of the 99 hive I have I will get there. The rest will probably be used in buying the legion token.

Honestly I’ve been following your hp goals and a few times you did wish for some luck or something or you wouldn’t be able to reach it by the end of this year. 😂. I think it’s great you have been able to get there now. Congratulations in advance, am sure you will power up on 30th.

With splinter-lands, I don’t know if it’s too late for me to join but am learning how to play it on YouTube and reading about it a lot. Before I do something I have to understand very well so that I don’t make mistakes. I hope I can get some sps and also enjoy the game🤞

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That's great! You don't know how long it took me to get close to 200 HP back in the day lol easily 6 months or more! I'm glad that you're able to do it, that's a big step! Once you cross 550 HP or so you move from a red fish to a minnow, which is a step up in the classification/gamification of Hive!

Thanks for keeping tabs on me man lol I know some of the content is a little all over the place but that's the fun part about it, just do what comes to you and you'll be able to make something of it! I was definitely thinking that I wasn't going to make 25,000 but thankfully I got lucky and even when I sold the GLS tokens I had, the price of it was very close to 1 Hive per GLS so that was a big win. Now it's .4 Hive per GLS or lower. Still really good but not as good as it was a few weeks ago, so I'm appreciative of that aspect of it for sure.

Have you signed up and created an account with Splinterlands? If not, sign up with my referral link! I can get you into my guild and lend you some cards to get you started off and on the right foot! We need another member and we're more than happy to show you how to play. https://splinterlands.com?ref=cmplxty

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Oh yep I love reading hive and hbd goals😅. It helps me shape my goals too. At least I can get a direction and know what to do next.

Thanks I will register but let me give you a heads up. I suck at the game 😂.

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I am thinking of sending 0.5 HBD to my saving every two days from my post payout, and sell the rest to buy hive and powered it up for my HP. I know that selling all HBD for Hive at this rate might be attempting, but having HBD saving is also really nice to try isn't it?

Congrats on getting hitting your 25K HP goal. If I am not mistaken you were just hitting your 23K HP goal like two or a month ago. really impressive, good job.
!LUV

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Goal setting has been one of the things that I've gotten better at in various forms which is nice. This has allowed me to have some focus on things both inside as well as outside crypto!

Ya man, goal setting is so important and making those little to do lists or target lists. It's impossible to get somewhere if you don't know where you are trying to get to.

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Couldn’t agree more man! It’s helped me knock off things that my wife would prefer I do faster around the house lol

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Ha ha, Oh I hear you!!! I use a kanban board for work stuff and a to do list for housey stuff..

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Ah cool, I know the name from work but not quite familiar with it. I’ve looked at it once or twice. There’s that and agile right? Those are two popular methodologies I think.

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