What an interesting week in the world of crypto and finance. The SEC seems to have reversed course on their disdain for Ethereum, that was huge news! It opens up the possibility of other coins soon to follow. It seems the overall markets are beginning to accept cryptocurrency for what it is, the future.
Since it is Saturday I will be doing my Saturday Savers post today. I started to participate in the program mainly to help me keep track of where I am in achieving my goals here on Hive. I've found it makes me more cognizant of where I am that I might have otherwise just overlooked. And to be honest prior to starting I really didn't have any set goals, so it's a push in the right direction.
So lets' get started with Hive Power...
Hive Power
This year I have the goal to achieve 5K Hive Power as organically as possible. If I can do it anyone can! Last week's weeks post I was at 3,114 HP and at the moment I'm at 3,218, a net increase of 114, not too shabby. If I can keep this up I may make it after all. I do have to disclose I did have one post that did great which helped me make it a great week. You can see it on the chart:
https://img.inleo.io/DQmXvYcKbSKTjKjKrcSN5a8Gh1aiRJUARR7CCi6suehF7F7/Screenshot%20(1191).png
hivestats.io
Hopefully I can keep the momentum rolling!
PIMP
This is my secondary goal. I want to reach 50K PIMP this year which is a daunting task. Today I have 23,000 staked, an increase of just over 500. Not my best week but with continuing weekly purchases I should be able to reach it. I'm almost halfway there!
What I like about PIMP is that it's the only token backed by physical silver. I know I've mentioned this before, but that is a big deal because worst case scenario it's always going to have some value.
HSBI
This was a goal I added in a little later on in the year, the goal is to reach 2K HSBI units. I'm at 1,888 today so I'm only 112 shy of the goal which will be achieved easily hopefully within one month. My giveaway each Sunday as well as my support by offering HSBI to the winners of Shadow Hunters, Three Tune Tuesday, and #ninetiesfriday really have helped to come very close to achieving this goal. If you want more information about HSBI you can check out my post about it here:
https://inleo.io/@thebighigg/hsbi-what-are-they-my-experience-and-a-starter-guide
And if you want to enter to win up to ten HSBI you can enter my weekly giveaway here, just answer the weekly question to enter, it's easy I promise!
https://inleo.io/@thebighigg/ten-hsbi-giveaway-and-also-a-legendary-splinterlands-card
PWR
This is a newer goal, I started delegating HP to empo.voter a few weeks ago to earn daily PWR tokens. These will begin to pay out daily Hive dividends to holders of the tokens. I'm just shy of two total tokens today, up about one half from last week. Slow but steady progress, I hope it pays off!
SIM
Another relatively new goal is to accumulate as much SIM as possible as it pays out daily Hive dividends. I have just over 215 K so up about 113 K on the week. I buy when I have some extra funds available since the price is not very high on the tokens, but I'm earning a little more than half a Hive a month right now. Not too bad!
You can also place these in a liquidity pool and they still count towards your total SIM and you receive daily Hive in addition to LP rewards, pretty cool!
Other Tokens
I have been slowly piling up EDS, DBOND, DAB, and BRO. No big changes this week except for gains made through the daily or weekly drips. In the case of EDS I do have some miners (EDSMM) and once or twice a month I hit the mining lottery which gives me some more EDS. I really want to increase my EDSMM, but it's gotten lower on my list as of late due to other projects I am investing in.
Silver
I also like to invest in physical precious metals, especially silver. It has pushed past $30 per Troy ounce and has maintained that level for some time. I hope we will see some more testing of higher levels in the weeks to come. It's always possible it could fall back below $30, but I think it's likely to stay above that level for the foreseeable future. As a member of the #silvergoldstackers I'm always hoping for more gains on precious metals. They are called precious for a reason, because they will always have value!
https://img.inleo.io/DQmWSY9fK7AsbYfwTrxupweEG1Gc4DvnUaMSd7bFT25cxGc/Screenshot%20(1192).png
kitco.com
That will just about wrap up my weekly post for the #saturdaysavers . Thank you for all of the support it is really appreciated! Please feel free to leave any comments or questions below, and have a great weekend!
And my disclaimer:
I'm not a financial advisor and this isn't financial advice, please always do your own research before spending your hard earned money.
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References
https://www.kitco.com/charts/silver
If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers
I'm a proud member of The Alliance Family!
This is a newer project trying to help new Hive members grow and stay with us here on our platform, feel free to ask if you are interested
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Keep up the good work, HSBI been down hopefully they get it sorted soon !BBH !LOL !ALIVE
I hope it's up soon, I've noticed the lack of votes the last few days. On the bright side when it is up the votes should be pretty nice for a couple of days anyway!
!BBH
!LOL
I mean there is a cap to how good the votes could be with the charging so it's likely to be a slight loss for HSBI holders !BBH
I hope they truly make up for all the misses, we shouldn't be losing out on vote values.
!BBH
HSBI is a tricky one , since it's not easily sold , I agree with you but at the same time unfortunately I am not too hopeful about reimbursement !BBH !LOL
Still encountering issues, but we have been able to get a few votes out.
Accounts accrue pending upvote balance regularly (and all of those rounds have been caught up, so accounts have accrued all the pending upvote balance they normally would have) and then only the amount actually delivered in upvotes is drawn down.
So it's not really 'reimbursement'... when pending balance isn't being delivered it continues to grow until it can be.
The lost value from downtime is really only felt by the Hive SBI whales that were getting 100% upvotes on every post (their pending balance continues to grow faster than it can actually be delivered, so the missed votes are deferred more or less permanently instead of caught up quickly when normal voting resumes).
Thanks a lot for your response, I didn't take any of that into account we are not whales so we should be alright 🤣 hope you guys get it sorted soon 💪
Great job on your goals! If you're looking for dividends, silverstackeruk is starting up a dividend token called RUG coin. There's been talk of it over in the BRO Discord if you're curious about it.
Keep up the great work! 😁
!BBH
!PIZZA
!PIMP
RUG is a terrible token name 😂
As in #RugPull 😂
!LOL I think it was done deliberately.
I told silverstackeruk he should throw me some for free for thinking of the name months ago. 😆
Don't we all love those rug pulls?
!LOL
Cool, when will it be out, the RUG?
!BBH
!PIZZA
I think it's supposed to be out in another week or two, but don't quote me on that. There's not a price for it yet.
Damn, I better get get saving!
!LOL
!BBH
Aw man @bulliontools, you are out of PIMP to slap people.
Go Stake some more and increase your PIMP power.
(We will not send this error message for 24 hours).
Read about some PIMP Shit or Look for the PIMP District
I just hit over 5k recently. I'm sure with careful hbd/hive flipping you can get there in no time.
That's what I've been trying to do as well, it doesn't hurt to get some nice post that pick up some whale votes here and there. They've been fewer and far between lately. Congrats on passing 5K, it must have felt great!
!BBH
@fat-elvis! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @thebighigg. (1/50)
I have followed your strategy and focused on these tokens. I will also focus on HSBI shares. I have to organize contest posts too. Let's see if that approach works :)
I got a bunch by doing a daily re-blog lottery, where they just had to re-blog to be entered on my daily posts. You might want to make it a condition that they follow you too, I never did. I think I used to give out 5 a day and it started to build up fast!
!BBH
Looks like you are on track with your Hive power good to see!😊
Somewhere I read that the SEC approved ETH, but Gary Gensler did not vote in favor of it ……🙄
Now that ETH is no longer a security, it opens the doors for other crypto!👍
Nice!🤗
It opens a lot of potential doors in the future, maybe even Hive someday
Definitely a possibility….. Crypto seems to be changing quickly in the U.S.!🤗
Congratulations on your 5k prospective hive goal. I use to make goals as such, but it's deteriorated ever since my health issues and all.
I know the feeling, but it gives me something positive to focus on. The one thing I have cut back on is HSBI because I may not be around long enough to see a return on investment. My son can take over the account if he wants I suppose, but I'm focusing more on investments for now.
I'm not in a lot of project lately, I use to be. Today, a Nigerian introduced me to one project as such, I just needed to accept to do it, I think if it pays at the end then I can pay bills. One thing is certain in life. Bills. I believe you'll even see your efforts pay off, and you'll at least enjoy it.
I hope so, but I'm not sure how long I'll be around... I try to stay positive, but reality is reality... Bills never stop, another I understand. How are you holding up?
You received an upvote of 43% from Precious the Silver Mermaid!
Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!
!hiqvote
Good, good! You're doing great!
!VVH
@thebighigg, the HiQ Smart Bot has recognized your request (1/3) and will start the voting trail.
In addition, @thebighigg gets !PIZZA from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
Congratulations @thebighigg! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next payout target is 6000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD
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bulliontools tipped thebighigg
@thebighigg(2/5) tipped @bulliontools
Great savings mate! 100 HP in a week is really, really good, well done 👏
I’m well behind all my hive goals, but I’ll just save whatever I can and whenever I can and that needs to be enough 😆
Hope you’re having a great weekend!
!ALIVE