May Day
Just like that another month disappears into the ether as we herald in the month of May. Those days, weeks and months keep on trucking by at a serious rate. The first of the month comes along and that means, among other things that it's Hive Power Up Day. I continue to post every day, which means that Hive is rarely too far from my mind, so the first of the month rolls around and I post about HPUD.
Hive is ticking along nicely and my other investments too are hopefully coming to a type of springtime, as surely some time in the coming weeks or months, we will see Hive breakout from that $0.40 to $0.45 level it is hovering at. The eco system and loyal user base we have here is quite unique and for me it is only a matter of time until we see sustained $1+ Hive, but of course I have no crystal ball, so this is just an opinion.
As I continue to accumulate and compound everything, I've seen gains across my Hive, Leo and other layer 2 holdings such as #SportsTalkSocial #VerfiyYourBrian #Proofofbrain, which is always great to see. Sow the seeds for your future now my friends and you may well reap rewards in the long run.
The beauty of Hive is, you don't have to invest any hard earned Fiat, although I would advise that you do invest some FIAT, to accelerate your progress!!
At times I wish that I had in those early days, as it has been a long journey for me, but as I have told you many times before, my account has grown up from 100% organic growth from nothing other than around 10 or 15 delegated HP to get me going. But hey, I don't have a time machine, so I am where I am, and happy to be growing. Although it would have been easier to start from 1000 Hive, I'm still really proud with what I've achieved from a zero start.
Last PUD month comparison
Each month, my 1st of the month post gives me a chance to take stock and have a look over my shoulder back into the rearview mirror to see where I've come from, so let's do that right now.
I was on 9,871 hive power on March 1st. Today, I'm at 10,245 hive power one month later which is a gain of 3.8% which I wouldn't say I'm delighted with, but it's OK! The more that I grow the harder it is to grow by a large percentage each month, so my target of 5% is becoming a challenge. This month I came up short, but I do have around 30 HBD waiting to be turned into Hive when the price hits $0.39, if the price hits $0.39. Had I liquidated that before making this post, I'd be closer to 4.5% growth, which is a much better number.
Hmmmmm, where would it take me if I can maintain that 5% monthly target? Let's crunch the numbers and see.....
April 9,871
May 10,365
June 10,882
July 11,427
August 11,998
September 12,598
October 13,228
November 13,889
December 14,584
Hmmmm, interesting indeed, which means that 15,000 HP would be a good stretch target for the year.
My reputation also continues to grow as well and I am now up to 72.36 That is an increase of 0.18, which is a great accomplishment given that it gets harder and harder to grow this number the higher it gets. That is two months in a row of 0.18 growth, so later this year should see me reach 73 Rep.
Some Growth graphs
Here are two growth graphs that show my Hive Power growth and curation returns between March 19th and today. No prizes for guessing what day of the week those curation spikes are on!! Yep Tuesday for #Threetunetuesday where I give an upvote to every contestant.
I love seeing these graphs, as it really gives you an idea of where you came from and how much future growth is possible across Hive, Leo Finance, Sport Talk Social and other areas here on the Hive Eco system. I especially like seeing those curation rewards and there was a time that I could only dream of making these kind of rewards from curation alone. I would have been delighted with those returns on my posts in the early days.
Power Up Day May 2023
I am proud to say that this is my twenty third PUD. It's a good way of showcasing the importance of powering up and staking what you have in the Crypto space in order to put your earnings to work and compound with even more earnings.
Another bonus for me is that it gives me a timestamp that I can easily refer back to in order to track my growth here on the platform.
These were the criteria for Hive PUD:
• Your reputation must be above 39 and below 70.
I am now 72.36 so don't qualify for main prizes
• Your total Hive Power (before the 1st) must be more than 100 and less than 8000.
My total hive power before 1st was 10,204 HP so again I don't qualify
• You must power up at least 10 Hive on March 1st.
I have just powered up 40.615 Hive bringing me up to 10,245 Hive Power overall
• You must write a post about your power up on December 1st with the tag #HivePUD (International) or #HPUD (Spanish).
This is my post about the power up
Proof
Before Power Up
Power Up
After Power Up
Thanks to for this cool Hive Power Up Day contest and thanks to
for the great idea formed way back in 2019!
The images used throughout are all my own