Increasing HP stake
| Token | Current | Last Week | Goal | % Complete |
|---|---|---|---|---|
| Helios: | 21.943 | 2.155 | 1000 | 2.143% |
| HP: | 261.067 | 119 | 700 | 37.3% |
| GLD Held: | 693.197 | 570.857 | 5000 | 13.9 |
| Offchain: | $6.13 | 0 | $50 | 1 Share HDIF (12.26%) |
| EDSI | 0 | 0 | 50 | not yet started |
Putting in the daily effort
Image source: Dall-e for both images in this post.
Sorry Sloth Savers people.
I was busy last week helping my mother and totally forgot about writing an update on how things are going here.
Hive Power
Growing slowly and steadily. I'm already about a third of my way towards my goal. With the low price of HIVE and the power of HELIOS burns I'm getting closer and closer post by post. Of course finding something interesting to post about everyday and finding the time to post everyday can be a challenge but I'm hanging in there :) As for delegating all my HP to ? Well, that is intentional. First: By delegating to the Great Little Dragons delegator I get a weekly distribution (roughly 8%) in GLS tokens. Second: I get upvotes from the
curation account. Third: the curator account purchases HELIOS tokens to bring in the
curation. Without those curation upvotes I would be barely moving on Hive. With them I'm making steady progress.
HELIOS
Okay. I was going to shy away from my goal on this one. 1000 HELIOS when it was at 0.16 HIVE was pretty reasonable. Unfortunately now that it has stopped printing tokens and there is strong demand for the tokens the price has skyrocketed to almost 0.9 HIVE. When something jumps over 5x it makes it hard to buy a lot. However, I'll still buy SOME as I totally expect it to go considerably higher. Especially when and
have committed to buying it in chunks to keep its value higher and to make a supply to upvote Great Little Dragon community posts (well, burn for upvote).
I'll keep trying for 1000 HELIOS tokens.... but if I get enough HELIOS to sell for 1000 HIVE? I'll consider that a win as well. It will be interesting to see how high the HELIOS tokens soars.
GLD Held
Yes, this went down a little bit and I could have had more. However, the plan with the GLD has always been to accumulate it to show support for the Great Little Dragons community (The GLD token creator) and then burn to purchase off HIVE assets when I had enough. Save with GLD (and get weekly GLD payouts) then spend when I had enough. Recently I did have enough to trade for offchain assets in the form of an HDIF etf share.
EDSI tokens
I really like EDSI tokens for their weekly payout in HIVE. I was really thinking to buy them this week but I had to decide between EDSI and HELIOS.
EDSI is great because it pays out a regular distribution of 15% weekly in HIVE. 15% is a very good return.
However, I ended up choosing HELIOS.
HELIOS gives me an immediate 30% if I burn it. However, I expect it to at least double in the next few months if not go even higher.
Normally I'm a slow and steady Dividend/Drip investor but at this time I chose the capital gain route to gains. I just believe that the HELIOS token has room to grow considerably higher than the steady week by week gains of EDSI
I still have a long way to go
Unfortunately HIVE is a slow grind when starting from nothing. It's regular posts and a steady build up. However, I know the power of compounding and I'm really hoping that once I get through the initial slog of low power, lower reputation and low followers that things will pick up.
Then again, even if they don't? I'm still happy to keep grinding. The whole point is to show others how things work. If I was lucky to have big followers that would be great for growth. If I don't get followers? Well, then I can tell people the truth.... I worked this account hard even without recognition and still reached some decent goals :)
Either way I win.
And that's how I'm progressing the Slothy way. Thanks for reading.