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My Second Layer Tokens and I (November Assessment)

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Ksam
@ksam6 months ago
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5 min read

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☆ TO BE INTENTIONAL


In August, I started a personal project and desire to improve my consciousness and the growth of my second layer tokens. I made it a point to power up the majority of my Hive Second Layer Tokens on a day (in the last week of the month) so that I could make an overall assessment of my progress and limitations, as well as set realistic goals.

This is the fourth edition of my personal project, and while I call it personal project, I hope it can inspire people to be more aware of the Hive Second Layer tokens, as well as to invest and stake them for the long term.

If you want to learn how to purchase Tokens from the Hive Engine, do well to read my post on How to Effectively Place Buy and Sell Orders for Tokens on Hive Engine and my post on Converting Second Layer Tokens to Hive using Beeswap method.

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☆ HOW DO I GET THESE TOKENS?


As a reminder, the following methods can be used to obtain these tokens:

  • Use the appropriate Tribe tags for each article and create high-quality content.
  • Take part in and win contests.
  • Purchase them from Hive Engine Decentralized Exchanges (Dex) like: Leodex, Hive-engine, beeswap or Tribaldex.com

Do Well to DYOR (Do Your Own Research) before investing in any crypto asset.

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☆ NOVEMBER ASSESSMENT


Here is what I received as Liquid and staked for my Hive Second Layer Tokens in November. I'll stake them and evaluate their development in the paragraphs below.


| Tokens | Staked (Old Balance) | Liquid | Staked (New) | - | - | - | - | | BEE | 3.88 (3.762) | 0.118 | 3.998 | | LEO  | 2,000  | 105.111  |  | | POB | 719.58 | 184.775 | 904.355 | | WAIV | 98.16 | 5.082 | 103.242 | | VYB | 1,380.649 (1,091.527) | 0 | 1,091.527 | | HIQS | 20.043 | 0 | 20.043 | | SPT | 10,765.76 | 31.501 | 10,797.261 | | CTP | 359.639 | 33.095 | 392.734 | | UTOPIS | 0.737 (2.5) | 36.7 | 37.437 | | THGAMING | 4,432.709 | 428.958 | 4,861.667 | | NEOXAG | 2,280.181 (1,834.065) | 446.116 | 2,726.297 | | PIMP | 241.339 (231.05) | 27.879 | 269.218 | | PIZZA | 46.71 (44.67) | 0 | 46.71 | | ONEUP | 2,132.52 (2,132.37) | 39.676 | 2,172.195 | | ALIVE | 69.941 (7.66) | 3.63 | 73.571 | | PGM | 77.883 (75.968) | 10.057 | 87.94 | | MEME | 2,679.045 (2,644.043) | 1,315.085 | 3,994.13 | | CCC | 393.87 (393.658) | 0.212 | 394.083 | | SCRIBE | 15.289 (13.795) | 0 | 15.289 | | CINE | 17.347 (17.346) | 0.0014 | 17.349 | | LOLZ | 23.364 (19.241) | 0.131 | 23.496 | | SCHOLAR | 107.671 (106.953) | 1.479 | 109.151 | | JAHM | 8,038.478 | 605.403 | 8,643.881 |

Newly Added Tokens to the List

| Tokens | Staked (Old Balance) | Liquid | Staked (New) | |-|-|-|-| | MUSIC | 153.413 | 10.697 | | | WOO | 0 | 800.448 | 800.448 |

Other Tokens (Not Stakable)

| Tokens | Liquid | How to Earn | Use Cases | |-|-|-|-| | LVL | 40,004.939 | Purchase from beeswap, leodex or hive-engine | In-game currency of PsyberX, Psyberswaps, Psyberdecks and all games in the Psyberverse | | BRO | 10.008 | Purchase from beeswap, leodex or hive-engine | Hive dividend share, possible curation | | DREEM | 970 | Earned through Dreemport Engagement | | | POSH | 30.11 | Share your post on Twitter (visit @poshtoken for more info) | | | DEC | 11.618 | Via Splinterlands | In game currency of Splinterlands game | | SPS | 21.905 | Via Splinterlands | Reward Currency of Splinterlands game | | UTOPIS (can be staked) | 37.437 | Purchase | Hive dividend share | | LGN | 10 | Purchase from beeswap, leodex or hive-engine | | | STARBITS | 25,014 | In-game Currency of Rising Star | In-game Currency of Rising Star |

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Overall, I had lots of transactions going on around my Hive engine during the month of November. Some of them are rewards from different tokens, or curation reward, yet some others are conversion of tokens from Swap.Hive to other tokens and vice versa. At some point, I had to sell off few of my tokens to settle a physical debt, and at another point I sold a few to buy other tokens. Yet, I still see substantial and steady growth in these tokens. This is due to the fact that I was active on Hive for the whole month, without skipping a day. Although I didn't publish a post everyday, I engaged at most times.

As always, tokens like LEO, POB, CTP, WAIV and NEOXIAN had tremendous growth because I use them more often and I create content in that niche.

The crypto market is still experiencing a huge hit and the value of all currencies are down. This will be a great time to keep stacking up your tokens and Hive also. By stacking and staking them up, you also get increased curation reward.

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☆ SHORT-TERM SAVING GOALS


NOVEMBER CHECKLIST

In the month of November, I gave this as my target:

| TOKEN | Current Quantity | Goal | How to Achieve | Check | | - | - | - | - | - | | LEO | 1,854.155 | 2,000+ | Posting more financial content, participating in leo contests and placing buy orders | ✅ | | BRO | 1.2 | 5+ | Purchasing 1 BRO every week | ✅|

  • I was able to fulfil my target of 2k Leo for the month of November and the high point of this target was on the 15th November, when I had to purchase some LEO tokens in order to achieve my aim.
  • I was also able to fulfil my target of 5+ BRO. I took advantage of the dip to purchase extra BRO to bring it to a total of 10 BRO.

GOALS FOR DECEMBER

| TOKEN | Current Quantity | Goal | How to Achieve | | - | - | - | - | | MUSIC | 163 | 500| Posting more Musical content and placing buy orders | | UTOPIS | 37 | 100 | Placing buy orders | | BXT | 0 | 5 | Placing buy orders |

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  • Logo Collage property of: Hive Learners, Ecency, Leofinance, Hive, 3speak and Ksam

  • Designs created with Canva Mobile App


I AM KSAM


I may not be your favourite author, but you can journey with me to help me develop my writing skills. I am always open to criticism, correction and learning 🥰.

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