My Hive Goals - Weekly progress report
I have set some concrete goals for the first quarter of the year and slowly progressing on the goals. It keeps me motivated to set some goals and stick to the goals. This week crypto prices are showing a good sign of recovery. The market is becoming green and especially the price of BTC and ETH has become a lot better. There are still many altcoins struggling to get back to their previous price but we have to be a little more patient for that to happen.
Many things happened this week. One biggest highlight was India announcing their stands on cryptocurrencies. We are going to be having a flat 30 percent tax on crypto. Anyone who would like to escape from this tax can probably plan to withdraw their crypto assets before the end of March. I personally don't think I would be withdrawing any huge amount but I might do the regular ones probably.
Even though so many things are happening, I would like to get back to review the status of my goals which gives me motivation.
30k Hive Power
I guess it was again a pretty decent week and I was able to progress well with my goals. Of all the goals I set up, Hive power is the most important goal because that is what makes it easier to progress on Hive. Having a good amount of Hive power will create room for more opportunities and also provide us confidence and exposure here.
My hive power grew to a decent value after the power-up I did last week. In addition to that, I also received some good author rewards and curation rewards in the last week. For just one week, I guess it is definitely a good value. In addition to that last week was good for me in terms of curation and votes on my posts. The rewards will be coming out only next week but I'm happy that my articles are doing really good in the last few days.
Even though I still have a few more weeks for the first quarter to get over, I'm thinking that I will be able to reach the goal faster than expected. I'm ready with more Hive to power up in the next power-up day. But I'm also having some mixed thoughts on withdrawing some Hive and safekeeping it somewhere else. I'm also working on a new project right now which would take some investment from me. I have to see how all these go in the coming weeks.
My progress report
With respect to Hive power, it was decent progress. I would also say that my Leo stake is also growing pretty decent. If everything goes well, I should be able to reach my goal faster and even power up more Leo tokens before the end of the first quarter. CUB is something I don't follow much. The kingdoms keep increasing my CUB by automatically including it to the stake.
As the price of Hive was increasing, I was expecting the price of BRO coin to go down and let me purchase it for 3 Hive per coin. But the Hive Engine coins are pretty slow in regaining their value. It is dependent more on the price of Hive. My buy order is waiting over there and I have to be a little more patient to increase my BRO holdings. Hopefully, by next week I will have a decent increase in my holdings. Let's see. Growing at the rate of around 60 LEO per week is also not good for me to reach my Leo goals. I guess I have to do something about it towards the end of the quarter.
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Posted Using LeoFinance Beta
Good luck with your goals and the progress made so far. With a precise plan, I believe it's possible to get the most out of it.
Thank you so much for the wishes.
Good job on your progress. I still think 60 LEO per week is still fairly good. That should still be like 240 LEO per month.
Posted Using LeoFinance Beta
Yeah it is good but not good enough to complete my goal in 3 months. But yeah I'll try to buy the remaining probably.
Great list to achieve ^^
I added Archon and SPT for my list, too. I hope you can reach your goals dear.
Good luck ✌
Thank you so much for your wishes. Yeah Archon and SPT are good too.
Some of your recent posts have a pending payout of more than $100. You are making a living with Hive. Just imagine yourself in my shoes, having multiple disabilities, and living under the minimum wage in Hungary.
Just a few numbers:
My pension-like income for my multiple disabilities: Approximately $250 USD per month.
My total income (the pension-like income and the salary of my four hours per day packaging part time job): Approximately $470 USD per month.
The local minimum wage: Approximately $550 USD per month.
Either way, congratulations for your success. You are a great inspiration/motivation for me.
Have a nice day and have a nice weekend.
All the best. Greetings and much love from Hungary.
That's sad. Hope you are able to make enough money for your living too. I wish you get enough opportunities for that.
You've got quite a solid hand on Hive. I wonder what was the prime source of your wallet - content creation, trading or somethign else?
I did do a little bit of trading. Not much but mostly it is author rewards and curation rewards I guess. 🙂
I think that's one of the beautiful things about kingdoms and cub is how passive it can be if you just sit on it. Maybe not the best for the velocity of money there but still lol LEO is now something I'm heavily stacking but I also want to hit my own hive goal asap. Let's keep crushing it!
Yeah let's keep going. Good luck 🍀. Cheers!
How is the 1000 BRO working out is it easy to track what it's paying out?
Not very easy to track how much I make but I still want to reach 1000 BRO soon. In the long run, I think it will be a good passive income source.
Wow! 30k Hive Power... Just around 2k left to reach your goal. Awesome dude!
Guess my goal is reaching 5k. I joined Hive October last year so I still have a lot to do and learn.
Yeah it definitely takes a lot of efforts and learning. All the best for your journey here.
Seems it would make sense to sell your crypto and immediately buy it back right away, before the new tax goes into effect. If you're sitting on a bunch of gains, that would increase your cost basis for when you do eventually sell your crypto under the 30% tax law after March. Of course, if they enforce the new law retroactively it won't work.
The government itself is not clear on how this is going to work. I'm not sure of they are going to have a tie up with the exchanged asking for the customer data.
Awesome keep up the good work @bala41288
Thank you. Cheers!
Visions and prospects are good for the future, Because assumable estimates make us prosper in our life.
Thinking for the 3 quarters each year and making progress for that;thats a smart choice to make.
I hope, you come up successful with your plan and this year may bring happiness for all of us, trying to better our lives from all situations .
I liked your post for the gentle style of writing, may you prosper more, 💗👍
Thank you so much for your wishes. Cheers!
Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
https://twitter.com/bala41288/status/1490400273831194625
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