HIVE GOALS: Increasing My HIVE Token Holdings

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It's been awhile since I sat down and created a post about my HIVE goals and this post won't review or restructure such goals. Instead this post serves as a way to motivate myself (and possibly others) to not only set goals but to put action forth to reach them. For this post I will speak on one of my main goals for my activities on the HIVE Blockchain. That goal is to increase my HIVE Token Holdings. To be more specific; to increase my Liquid HIVE and HIVE Power. I plan on doing this in multiple ways and one such way is by trading assets I already acquired on the HIVE Blockchain. I plan on doing this in a way that allows me to reach my goals and keep any trades within the overall HIVE community. I have sold zero HIVE assets to turn to other currencies outside of the HIVE Blockchain and I like to keep that same thought process intact. Thus nothing leaves the blockchain through my hands. When looking over my HIVE Holdings one asset sticks out the most. That asset is my Splinterland holdings. As many who frequent the HIVE blockchain know; there are many types of Splinterland assets (Cards, Land, SPS, DEC, Ect.). The one that made the most sense for me to trade for HIVE is DEC.


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This is because DEC can be replenished without cost. After coming to this conclusion some months back I decided to sell the bulk of my DEC (Dark Energy Crystals). Weeks later I sold the remainder. Since then I let my DEC rebuild. Today I decided to check the USD value of DEC on the secondary markets and its currently sitting at $0.96 USD per 1000 DEC. That is very close to its $1.00/1000 DEC Soft Peg value Splinterlands values DEC at. I do believe we will see DEC at $1.00 USD on the secondary markets over the course of the upcoming weeks. Regardless of that potential gain I'm very happy with its current USD trade value. Considering it's HIVE Tokens I'm after, it's the HIVE trade value that interest me the most. Currently DEC can be traded at 0.00227 HIVE per DEC. For me personally (while considering today's market conditions) that is a rate that I am more than happy to trade my DEC for HIVE at. Its off to the Splinterlands site I go to transfer my available DEC to my HIVE-ENGINE wallet so I can make the trade. I decided to use the HIVE Blockchain very own DEX known as LEODEX to complete my DEC:HIVE trade. While visiting the DEC trade section I decided I would simply put a sell order in instead of selling directly. If it doesn't sell by the end of the day I will likely cancel and re-evaluate (very likely to sell directly into the buy orders).


Trade DEC At LeoDex

(04/11/2023 24hr Volume)
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I had a total of roughly 140,000 DEC which if sold at my asking price will bring me a bag of roughly 317* HIVE Tokens. Not a massive amount but when one considers I did nothing to earn the DEC that I'm trading for the HIVE Token (the DEC was earned from rental income but that's a post for another time) one can't be nothing but happy for the gains. Another way I like to evaluate my trades is using my blog post(s) financial earnings range. Some one off weekly posts I create don't fall in the following category of rewards earned but for the most part my posts currently garner less than $10 USD worth of rewards each. 50% goes to curators which means $5 is the authors share of a post that earned $10 USD worth of rewards. $5 at today's HIVE USD rate of $0.42* means my post are currently netting roughly 12 HIVE after payout. That means this trade will garner me just as much HIVE as a months worth of posting does. No complaints about my posting earnings, any earning is a positive as I post for the fun of doing so more so than the rewards. But when considering trading assets earned for HIVE I like to calculate that trade in multiple ways. Days/weeks/months of posting value in relation to received HIVE for my trade is one of those ways. Have you set some HIVE Blockchain goals or some goals in general? If so don't forget to take action that help you reach them. Sound off in the comment section below about your current and future HIVE plans.


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***Image Taken From ImageFlip/ Cropped & Edited by @rentmoney


Recent DEC Trade Orders

(LeoDex: https://leodex.io/market/DEC)
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Posted Using LeoFinance Beta



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24 comments
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This post has been given a 20.0% UpVote by the SplinterBoost Community Curation Bot.
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Vote For Witness | Delegate HP | Join Discord

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Also I have been powering up since I joined HIVE(Steemit back then). I think everybody on HIVE should power up till a certain amount, at least such as 5000-10000 HP.

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!LOL

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We like the way you play the game! !PGM
Thanks for being a supporter of The LOLZ Project.

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO tokens

remaining commands 14

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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HP is the most important variable in Hive because it gives you presence and influence in the chain. The virtue is in the balance and if there are layer 2 tokens that have a better risk-return ratio than Hive, I will be there.

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100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

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You don't need DEC for land?

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I certainly do but I'm a gambler first, investor/gamer second. There are many possibilities for land. One of the front-runners (IMO) is land will have spiking values the first week(s) of assets being able to be mined/minted. Unless those assets have a crazy value (will have to succeed the value of renting cards staked to said land) I suspect a price correction to follow. I can also leverage any HIVE I currently attain from DEC trades to earn more HIVE which has the possibility to purchase back a larger DEC amount than I originally sold. Many, many possibilities.

Posted Using LeoFinance Beta

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Ever since I learnt so many things about Hive, I realized that Hive power is one of the most important things here so I'm trying my best to increase it

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(Edited)

One of the easiest ways to increase ones HP is by creating posts and engaging in the comment section of the post of others. Each reward payout helps our HIVE Power increase as 50% of the author rewards are paid out as Hive Power.

Posted Using LeoFinance Beta

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refresh my memory, how do you replenish your dec at no cost? Card rentals?

Posted Using LeoFinance Beta

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(Edited)

Card rentals?

Correct,
If one already has the cards and they aren't in use putting them on the rental market to collect DEC is the way to go.

Posted Using LeoFinance Beta

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I made a big decision today. I've been regretting having no land so I decided to powerdown some hive. I'm gonna buy a few plots just so I can participate in the new stuff coming online.

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FOMO is real. I purchased a few plots from the secondary markets at different price points so I'm right there with you on FOMO aspect.

Posted Using LeoFinance Beta

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The only way to succeed on this platform is to increase your HP by working hard day and night. That way, even if your account is good and you're communicating well with people every day. I do one post a day and 50 comments. Right now I have to sell my hbd because of my expenses but after some time I will power them too.

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