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Hive Power Up day and My Monthly Hive Report

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Bala
@bala41288
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A new month is starting today and whenever a new month starts, the first thing that comes to our mind is the Hive Power up day. I don't know about others but at least that is the case for me. I have been participating in Hive power up day for a few years now. The good thing about this is that we can take a look at our progress on Hive and feel happy about it.

Along with the power-up, I will also be taking a look at my stats and how my performance was in the last month. Last month was a short month because it was short by 2 days. But I guess it was pretty stable and the rewards were also pretty decent. I will know more when I reach that part. I wasn't able to do a lot of swing trades on Hive in the last month as it was a very busy month for me. I did power up a decent amount of Hive today on the occasion of Hive power-up day.

I started this year with the goal of reaching 100k Hive power before the end of the year. I know for a fact that I should be able to easily add 20k Hive power in 1 year's time but not sure about the remaining 30k Hive power. That would happen only if I'm doing very well. Last month when I did a massive power-up of 3k Hive, the price of Hive was pretty decent and the trend was not moving up. But right now it is more like Hive would be moving up so I want to keep more Hive in liquid than powering up. My target to sell Hive would be when the price hits at least 60 cents again.

My Monthly report

The price of Hive is pretty much stable and by looking at the stats from the Hivestats website, it appears that last month was very good compared to the previous month in terms of HP growth. Last month I got 844 author rewards and this month I got 908 HP as author rewards. The curation rewards were 328 and now it is 333 which is also good. I'm not going to be comparing the value by so much because the value keeps changing based on the price of Hive. But this month mostly the price was stable and the value is also looking good.

Some of my articles did well in the last month and that should have been the reason for this. I would be happy to continue this way and see something like this every month. There are also a few days when the rewards are not that great. But I usually feel that it is compensated on the other days. In addition to the tips I see on my primary account, I also check and share the stats from my secondary account as well. This usually shows the witness earnings because it's been nearly 2 months since I wrote something there.

The above stats are from my witness account @balaz. There will be no author rewards are curation rewards on this account but the rewards are mostly witness rewards and HBD savings rewards. I would like to see a decent increase in the HBD rewards as I'm planning to increase my HBD in savings this year. I have a goal to reach 10k HBD in savings so I would be happy to see the 20% APR doing the job for me.

My power-up report

The final thing in this article is the power-up report. I have been maintaining this report for the past few years.

I'm not sure if I'm doing the right thing by powering up lots of Hive but I would like to continue doing that until I reach my goal. At the same time, I would also like to do some cash-out but I don't know when I could do that. It is so tempting to keep the investments here but at the same time I'm also a bit worried because my 4 years' efforts are fully here and have not cashout anything much from here.

If you like what I'm doing on Hive, you can vote me as a witness with the links below.

Vote @balaz as a Hive Witness

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