As we are stepping into a fresh 2024 new year. I would like to take the opportunity to wish everyone a happy new year and wish you all great success. It is a brand new year and the first date of every month is the Hive power-up day. I managed to power up 2000 Hive today on the occasion of Hive power-up day. I thought I would be able to make it to 100k Hive power before the end of the last year but I couldn't do it just with Power-ups alone.
I wouldn't say that I did not achieve my goals. Combining the Hive power I have on my primary account and my secondary account, I have already crossed 100k Hive power which was my goal for 2023. I have to admit that it was not an easy goal. I had to manage some of my real-world expenses like server costs and at the same time do a big power-up. It was not an easy one I should say. But I'm glad that I managed to complete my goal. The next biggest question would be to find out what would be my next goals.
To be very frank, I have not planned on doing huge power-ups this year. I'm starting with a big power-up but I don't think I will be doing big power-ups on HPUD. I'll make sure I still participate because it is fun to have some common goal and keep moving towards that. I have a few plans on what should be my goals for the new year. I have a few real-world commitments that I should take care of. This year I'm going to be having a big expense in my real world. I don't think I will be able to bring any new investments from the real world to the crypto world.
This week, I'm going to be doing another article explaining some of my personal goals. It may not be completely related to Hive but I have already planned a few personal goals for myself in 2024. Diversification is going to be an important goal in that list. Currently, I have a huge investment just inside Hive alone. I would like to take my focus on a few additional investments so that I don't keep all my eggs in the same basket.
This year again I will continue to do some power-ups but I'm not sure if I would be able to do bigger power-ups. I will try to do it though. But my focus is also on getting some funds for other investments. I don't think I will miss any power-ups this year too because I still want to grow my Hive power and stay invested in Hive. I don't have any concrete value in my mind but it would be nice to reach 150k before the end of next year. I would be lucky if I still can double my Hive power before the end of next year.
The above graph shows my account data from last month. I like the way how my curation rewards are increasing. Of course, I'm also happy about my author rewards but I'm very much happy about the curation rewards. The reason is that curation rewards are more passive compared to other rewards we get on Hive. I'm glad that I was able to write every single day in the last year. This I consider as a big achievement.
The above graph shows the data from my secondary account @balaz which has the witness earnings. It has been a while since I wrote articles on that account. It currently has only my witness earnings. I wish to increase my Hive power even further so that the curation rewards also become self-sufficient for a passive income. But it would take a lot of effort. The next focus will also be on HBD. I used to have a lot of HBD but I have converted them to Hive hoping that Hive would grow well in the next bull market. I will have to think if I should again be focusing on HBD this year because 20% APR is something that is an amazing return.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
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100K HP is currently a dream a far distant goal I have, on 2024 Im still going to be buying more crypto although its becoming hard to buy online from Panama, my cc doesnt work anymore on Binance and I dont want to use by savings bank account so Im just buying USDT from a friend, also want to buy a stash to keep Hive liquid for HPUD, anything above 20k HP or close to 25k HP is my goal for 2024 but will have to buy some and work hard for it
Yeah I have heard Panama is a good place for money. Many politicians have their funds in Panama if I'm not wrong. But sad to know that it is not the case with crypto. Good luck with your new goals. Cheers!
Thanks your article as really shape my mind. I begin to draw up my strategy on the way to approach the market.
Wishing you good luck. Cheers!
Writing everyday is not easy it takes commitment and powering 2000 hive in one day is great. You have your point it not good to put one egg in one basket as long as it will not affect your contributions on hive.
Thanks. Rome was not built in one day. 🙂
You are impressive! Oh before bi forget, Happy New year to you too 🥰.
Powering up 2k hive is something really huge and I'm happy for you as you've accomplished your goal! I hope to see you crush all your new year goals too of earning passively 🥂
Thank you and wishing you a happy New year. Cheers!
You're welcome 🥰, I wish you the same !LUV
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That is huge and you really did well powering up that amount of hive power. That is great 👍
Thank you. Cheers!
I myself will start doing the same in the near future and will do the power up every month.
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Cheers! Good luck. 👍
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It is good to see you are saving for the raining day. Keep it up as you are making a wise decision
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