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Chasing Orca. A Hive story.

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@niallon11
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I started off the journey from the 1st June 2020 and my full goal is to own 1 Bitcoin and 50K Hive.


https://peakd.com/hive-174578/@niallon11/new-plan-for-the-next-18-months-or-the-01-01-22-1-bitcoin-and-50k-hive

This is actually my favorite post to do every month as it is a sign of the progress that can be made through daily activity and building a following on hive. I started doing these three years ago when I tried to build my first 100SP and took about three months to get there.

I love sitting down at the end of every month and taking a look to see how the account has grown and review how it got there. Surprisingly it hasn't slowed down since I have started the challenge to hit Orca status. I felt that once my steem powerdowns were complete that it would be back to tiny growth and a slow grind. This has not been the case however and due to staying active and diversifying my revenue streams I have managed to add another 3000HP for the month.

Being active is the key for success but I do delegate about 50% of my HP at dlease for passive income. This amounts to about 7 Hive per day.

I make good use of the tags and try to create content on #leofinance, #sportstalk, #cpt and #spt to mix it up a little as well as trying (and failing to write #500wordsaday in my own community.) Leo has a big future in my opinion from the moves that they are making and that token I am powering up to earn more. The rest, i sell a bit and hold a bit depending on what their teams are doing.

I do use a couple of other platforms like PublishOx which I treat as an ethereum faucet. I have the #hive feed on their site set as a bookmark and click in every day to earn roughly 0.00011 ETH when I vote. The good thing is that by bookmarking the hive feed I am sharing revenue to other hive users with the hope that they bring some of that back into the system. Since we as an eco-system on't have any revenue streams at the moment it's sadly only the users and apps that are bringing value back into hive.

I do re-post some articles to their site as do a lot of other people but the rewards are very small and mostly my crypto content.

I have tried to get the conversation going about ads on hive and creating actual revenue for the token value but while there was a lot of support at ground level, there was not much from above.

https://peakd.com/hive/@niallon11/hive-ads-and-hive-marketing-proposal-for-ads-on-hive-blog-or-funding-for-hive-marketing-initiatives-qhugcm


But that is another post in itself. This one is for personal growth rather than community growth.

Account Growth

August 2020



September 2020



October 2020


No graphs this month after the hardfork. Which is terrible. On the plus side next month will hopefully be very strong and show that magical 50k barrier that I am reaching for. Then push onto Orca, about 53k . End result was 43k HP up from 40K at the start of the month. . . . .


It was a strong month and I managed to earn almost 700 hive from my blurt powerdown. Their price has climbed up a lot lately.

@splinterlands has long been a source of revenue for me in the system and as the price of DEC stands I am making about 5c per win or 0.3 hive. If i sell those tokens that gives me another 70 Hive per month not counting season rewards or tournaments. All of these various revenue streams add up over time and help to grow your account.

If you can create ten of them then it will add up even faster. That hive can be used to earn more and suddenly you are growing at a rapid pace and ready to take a profit in the future.

I would have a bigger growth but decided to spend around 800 hive on art in the @nftshowroom as there were a lot of bargains to be had. I am confident of flipping them at some stage with their business going from strength to strength. It might take a while but i have been doing it with splinterlands cards for a long time and make a steady profit.

I would usually break down my author and curation rewards but unfortunately the hivestats site is down at the moment and won't give me all those lovely numbers that i love to see. All i can do for this month is enjoy the account growth and get ready for next month.

Life is very busy at the moment between many things but it is great to be here and still enjoyable to keep growing my account.

Targets.

Bitcoin has stayed the same for the moment but as soon as I can get that Orca status i will really turn my focus to that part of the challenge and divert the money that i am using right now for my hive goal towards my bitcoin one.


I have set up recurring buys on my [crypto.com](https://platinum.crypto.com/r/h9sm6npumy) account for both bitcoin and ethereum at $100 per month. I think that dollar cost averaging is the smartest way to proceed in this case and i have the [crypto.com](https://platinum.crypto.com/r/h9sm6npumy) card which gives my 2% CRO back on all of my purchases. It's my second favorite thing in crypto after hive.

It also earns me about $20 per month which i stake to earn more. I try to keep adding layers on top of layers for my income in the hope that they grow exponentially over time.

The more income streams the better and the less work the better. That way i can get to the stage where i just do the parts that i enjoy and let the money do the rest.

That's it until next month and hopefully lots more to follow.

Posted Using LeoFinance Beta