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Saturday Savers Club Progress #week 35 - 19/11/22 - Great post rewards, I hit my annual 2500 HP target and bought more EDS

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Hoosie
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Its week 32 of my savings focus, working with the Saturday Savers Club which I think is a great Hive community initiative.

For the near future I'm just going to focus 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 number of 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 +203 HP which is pretty awesome and well above my weekly average. I had some nice post payouts, and with the price of HIVE so low its making a huge difference.
  • My HP total is 2536 HP, so I have hit my annual target of 2500 HP which is awesome, and I may even have a chance of hitting 3000 HP by the end of the year which is crazy (when I started the year I'd set my target at 1000 HP - I did not think 3000 was remotely achievable),
  • I need to average +77.3 HP per week to hit 3000, which is possible, but will take work, however this low price of HIVE will make the difference - my weekly moving 12 week average sits at 85 HP, so there is good track history to suggest it can be done,
  • Weekly author reward was +265 HP , my second highest ever - so pretty delighted about that,
  • Weekly curation reward was +0.89 HP, a little low for me - but I'm working on this,
  • I bought some extra EDS to help with the weekly HIVE payouts, because I cant ignore the great APY/APR those have ! So +5.3 EDS is a nice gain for me in the week !
  • I had better than average weekly increases across Hive Power, undelegated HP, author rewards and EDS,
  • My weekly HIVE income from other sources was +0.7 HIVE, not much, but now that I'm beginning to understand it better, I should be able to grow that slowly,
  • HBD:HIVE trading - selling HBD at this low HIVE price is great, and I've been setting buy back orders into Hive at around the $0.48 mark, which will see a nice profit (assuming it will happen at some point !),

All in all a great week !

Plan for the coming week

  • To continue to 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 - while the price of HIVE is below $0.40 I will be selling all HBD rewards for HIVE, and then setting buy orders to buy back into HBD from around $0.48 and up - just got to sit back and wait,
  • 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 - EDS is a particular target at the moment,
  • I need to continue to research layer 2 tokens that provide HIVE or HP drops. I'm aware of a few, but I need to figure out which are best, and then I will start investing weekly into those,
  • Pools may also be a good option for HIVE income, but I have a lot of research to do on that front before I start investing there.

So thats my plan for the week ! All the best with your investments and savings !!!!

Interested in the Saturday Savers Club ? Check it out at @eddie-earner.

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