Progress Update - Time In Market vs Timing Market

The market has been pretty stable over the last week. This is normally a sign that it is the accumulation stage before it takes off again. However "Time In" the market is always better than "Timing" the market.

Countless studies have been made regarding people trying to time their buys and sales prior to pumps and dumps. There are those that have gotten it right once or twice but not enough times to matter.

Everyone agrees that the accumulating and holding or in other words "Time In" the market beats trying to get the best buys and sales over the short term always produces a better return in the long term thus I will be spending as much time as I can "In" the market.

Hive Target

I am targeting 2,500 Hive Power by the end of the year. I know it will be a stretch but don't want to settle for a small achievable goal which would not push me.

I currently have 1371 HP, up 34 from last week. I powered up a small amount from other funds. I still want to push toward the 2,500 by year end. So I will need to add funds on a weekly basis to try to hit that target by year end.

I know it will be very difficult to get to my goal by end of year but I will stay active and not stop trying because I am not where I want to be just yet.

Author and Curation Rewards

This week, my 7 day Author rewards took a big hit decreasing again to 14.57 from 27.7 last week. Since I have no control over the value of the votes I receive, the value received from author rewards can fluctuate greatly.

This past week was a perfect example of how much it fluctuates. However I did see some of my rewards reflected as benefactor rewards instead of author rewards on two days during this week. I just thankful of the support that I have received from the Hive community during this bear market.

The main thing is for me to consistently create content on a daily basis. I can not control the value of those that vote for me but I can control my content creation timing and quality. I want to continue doing this so that I can get closer to my goals. My 30 day Author rewards took a hit as well dropping to 120.01 from 124.61.

My 7 day curation rewards decreased to 1.72 from 1.60 last week. I have been working to have less of my curation in the dust threshold range, I am hoping the small amounts I power up each week will assist with that.

Hive Account Growth

There were two days with Benefactor rewards that I have not been able to figure out from where they were received. I found the posts I made from which the rewards were awarded and it appears the amount should be considered author reward instead of benefactor reward but I can not figure out why.

Hive Curation

Slowly but steadily, My Hive curation APR is increasing from 6.90% to 7.28% this week. I try to target a curation APR between 8 and 10% so I have a little way to go before I am comfortable with the APR. I believe if my Hive balance was larger there would be less dust and I should be able to have a curation rate between my target range.

Hive Engine Tokens

I am considering adding to my Hive Engine tokens to ensure that I make my year end targets however before I start doing that I want my Hive balance to be closer to the target I have set for it. I know I still have a ways to my goals. The tokens that I have chosen have several use cases that are important to me.

Here are my targets and progress for each of the specific tokens I have created a 2022 goal.

CTP - 25,000 - current holding 16,265 (removed 2000 delegation-in) 65.0% of Goal

Alive - 20,000 - current holding 14,511 72.5% of Goal

OneUp - 20,000 - current holding 6,651 33.2% of Goal

LEO - 1,000 - current holding 321 32.1% of Goal

EVER FORWARD!!!

Posted Using LeoFinance ^Beta