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Saturday Savers Club Progress week 13 - A nice HP increase this week

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@hoosie
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Its week 13 (01/04/23) of my savings focus for 2023 with the Saturday Savers Club which I think is a great Hive community initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account.

For the near future I will just be focusing on generating HIVE. So my main target is my Hive Power annual goal, and then other methods that contribute to that.

Weekly Stats

It will take a few more weeks to set up all the stats I want to track, hence the table is not quite complete yet.

Weekly Commentary

  • My weekly gain was +83 HP which is nicely above my 12 week moving average of 59.5 HP - mostly from a nice payout from a good travel post. It was nice to get back into higher figures for a change !,
  • My 12 week moving average HP income continues to drop and is now at +59.5 HP which is more reflective of my real HP growth since the start of the new year, so its good to be working with a more representative figure now,
  • My HP total is 4315. I need a further 5685 HP to hit my 10K target, which at 39 weeks to go requires 145 HP per week (gone up another 2 per week). So the annual target continues to get more difficult by the week and is looking out of reach, but I'll keep shooting for it. Although I've not yet moved anything into HP from HIVE:HBD trading, and that will provide a boost later in the year,
  • My Hivestats weekly author reward was +131 HP which is great, and really makes a change !,
  • My Hivestats weekly curation reward was +4.37 HP, which is pretty good for me,
  • I took a HP lease offer this week. That is, I'm leasing 500 HP to someone else and getting paid daily in swap.hive for it at around 9.55% APR equivalent. I thought I'd give it a try, and I'll use the swap.hive to buy some more XV. It will probably work out the same as what I would have gotten in curation rewards - but hey, its something different for a change, although it will lower my curation rewards over the coming 4 weeks, but an equivalent amount,
  • I had better than average weekly increases for; HP, author rewards, curation rewards, DHEDGE, ARCHON and SPI,
  • My HP delegation to DHEDGE is working nicely, with me now on track to beat my annual DHEDGE target - which is great,
  • My weekly HIVE income from other sources (30 day moving average) was +1.023 HP, so not really changed. This is proving to be a lot harder to increase than I thought, although the strategy I'm currently taking focuses on other things. It should improve later in the year - but I dont think it will increase massively,
  • In terms of annual targets, I'm currently on track to hit my ARCHON and DHEDGE targets only. I would like to buy more EDS to help with that target, but the price keeps going up so that isnt as easy as I had hoped ! I'm hoping to catch-up with SPI soon - will have to see how that goes,
  • HBD:HIVE trading - Its been another decent week, with 28 trades going through, and some at decent percentages (up to 11.5%) - so pretty happy with that !

Plan for the coming week

  • To continue to make sure I post daily to ensure daily HBD and HIVE author rewards,
  • To be active in HIVE Blog curation to help with HIVE curation rewards,
  • To continue to increase undelegated HIVE in order to improve HIVE curation rewards,
  • HBD:HIVE Trading - this continues to be a large focus area for me. I'll continue to use all HBD post payouts for trading while I'm building up my liquid trading fund,
  • To keep taking regular profits (weekly and monthly) from some other token income streams to fund investment in layer 2 tokens or pools that payout in HIVE or HP - although for the short term I will be using that to buy XV,
  • To produce a monthly article for the @SPinvest account, which pays a 5 SPI reward to help towards that target,
  • This weeks 25% HP delegation of HIVE I've powered up (21 HP) is going to @DHEDGE to help me hit my annual target for DHEDGE (they pay out daily DHEDGE drips at a rate of 21% APR - which is quite high for a HP delegation). That will complete that for now, and then I will be moving on to topping up my @qurator delegation,
  • I've also been selling other layer 2 tokens I'm not using, to generate more swap.hive to put into tokens that provide a passive income in HIVE,
  • I'm making sure I use the #archon tag in posts as that generates archon payouts which helps towards that annual target,
  • I will be buying more XV until the end of the purchase period - I think its a neat project, and am looking forward to seeing how it performs.

So my weekly HP increase was great, HBD:HIVE trading was pretty good, and misc/layer 2 increases were good too. So its been a very good week - I cant complain !

And as a reminder - its the 1st of April today - HPUD time again ! I've already made my power up - and I'm apologising in advance for the post !

Interested in the Saturday Savers Club ? Check out their latest posts here.

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