Sunday, 28th of January 2024 [27]
First month of 2024 is almost gone and I'm a little late joining #SaturdaySavers club this year. On traditional, physical paper, I have set my goals for this year in the first week of this year, but writing them on the blockchain is also a must, so here we go!
I thought about my 2024 goals for a while and analysed my 2023 growth which I summarised in my last Saturday Savers post in 2023 to use is as a guideline for 2024.
In 2023 I wasn't very realistic with setting my hive goals, which in turn made it a chore and after first half of the year I had to readjust them to a more realistic level. There are often circumstances out of our control which can help us achieving our goals faster, but often those that stop us from achieving us.
Health is wealth they say, but the true meaning for this saying has only became very clear to me in 2023. Various unexpected health issues made me loose my focus on content creation and the second half of the year was focused on my health instead. This year will not be much different and I am planning to continue keeping my focus it on HEALTH.
Setting monetary goals is also important, but this year I will be more realistic and only set a few main goals that I will be tracking in my Saturday Savers reports. Learning from my 2023 journey on hive I will skip long tables that take forever to update and make me wanna skip writing the reports, because of the amount of work and calculations it takes.
I'll still report on other L2 tokens growth every now and again, but the core of the report will be much smaller this year. I will also be reporting for the week that is already fully completed, which means I might sometimes be a week behind, but that's ok for me.
Bearing this in mind, I set my two primary goals this year to be 5555 HP in total for @fantagira and @fantagira7 and 200 total HBD in savings account. I will also not be too harsh on myself if for whatever reason I will not be able to achieve these goals. As I mentioned above, my health is the primary focus for the year 2024 (and probably beyond) and stress is not good for my health :) Besides, whether we achieve the preset goals or not, we still save more than had we not decided to save in the first place, right?
Another thing I have learned in 2023 is that my focus on growing HP is often broken by other earning opportunities. Oftentimes those opportunities help growing my HP stash in the long term via passive income they create and this year I will continue keeping my eyes open for these opportunities, even if they my other savings goals.
5555 HP in total
My 2023 ended with a total of 2690 HP across both of my accounts. To reach 5555 HP total I will need to stake additional 2865 HP in 2024. I have split the 5555 HP loosely to 4065 HP by the end of the year on my main account and 1490 HP on my alt account, based on the historic earnings by both of those accounts, although I don't really mind which account accumulates more or less, as long as the total of 5555 HP is achieved.
To reach this amount I will have to stake 239 HP monthly or 55 HP weekly. Week 1 was completed with flying colours, but that where that ended. In week 1 I was still receiving HP and HBD from the active last week of posting while I was on holiday in POland, so that was easy and I exceeded my weekly goals, making for a great start of 2024:
Total of 200 HBD in savings
By the end of 2023 I had accumulated 51.55 HBD in savings. To reach 200 HBD by the end of 2024 I will need to add 148.45 HBD or 2.85 HBD per week, which I rounded to 3 HBD weekly. I will be adding a memo of the week for which I'm adding the round 3 HBD to my savings, so I can keep track of it easier. As a result I should end up with a little more than 200 HBD by the end of this year, as there will be interest added to the total each month.
Since I wasn't posting much in the new year, my figures took some beating already in week 2. I only added 13 total HP that week, although I managed to stay on track with HBD goal, by adding anther 3 HBD as planned. From the above picture you can see I added a few more goals for this year, although somewhat easy ones to achieve.
4000 LP
My third primary goal I kept nice and easy. I want to make sure to participate with every #LPUD of 2024 with a minimum of 150 Leo staked to assure my LPUD badge collection is complete for the second year of my Leo journey. Doing so will add 1800 LP to my stake of 2086 LP for a total of 3886 LP, so I increased it every so slightly for a total of 4000 LP by the end of 2024.
In 2023 I managed to participate in every lpud. Sometimes it was easy, other times it involved some tears, but I'm pretty sure I will be able to achieve the same or more in 2024. With the recent news of evergreen rewards I will make sure to always use INLeo frontend to post all my savings reports and gaming content, which should add the little extra required to reach that 4000 LP.
Similarly to 2023, I will be using some or all of these ways of adding Leo to my stash:
Writing long form posts on Leofinance;
Threading using both of my accounts;
Delegating HP to @leo.voter;
Curating threads for @hivegardenleo (curation account of @gardenhive community);
Participating in #Zealy campaign;
Buying $leo from the market.
In the second part of the table I added a few more secondary goals for 2024. All of my secondary goals involve the tokens with added value, which make for my passive income that I'm building here on hive. These goals also do not require huge extra effort, but rather keeping up the activities that I already did in 2023, which are proven strategies to achieve these goals.
Extra 1000 ALIVE POWER
My first 1000 #ALIVE goal has been completed in the first half of 2023 and by the end of last year I managed to accumulate additional 800 AP on my alt account. This year I want to first bring my last account to 1000 AP, so I purchased a few ALIVE tokens for a total of 910 and I will need to add only additional 90 ALIVE tokens to complete this goals, which will allow me to execute ALIVE tipping commands 10 times a day on both of my accounts. I use #alive and #aliveandthriving commands frequently, so I'm hoping to accumulate at least additional 1k AP extra in 2024.
ALIVE token is one of the great L2 tokens on hive with thriving community, weekly staking contests and their own frontend, plus daily drip of various other L2 tokens.
25 EDS tokens
EDS are another great passive income tokens. I have 14 EDSMM tokens which mine EDS tokens for me and I also delegate (currently 250HP) to @eds-vote for some additional EDS tokens received on a weekly basis. I set this modest goal of 25 EDS, with 0.34 EDS per week, which I am aware will not be achieved in the first couple months of this year, but as my HP stash grows and I delegate more, the weekly average should then catch up to achieve this goal by the end of 2024. I sure hope to adjust this goal upwards at some point in 2024.
50k CROP POWER
That's a brand new goal for this year, which I am also hoping to adjust upwards as and when I achieve it during this year. Holding CROP POWER is great for daily liquid hive drips from @dcrops game, but as @seeyouinlumb recently highlighted in conversations in cdrops Discord channel, for every 15k CP we receive one additional item from season chest in dcrops game. That alone is a great reason to increase my Crop Power in 2024. Taking it to 50K will give me extra 2 items in my seasonal chests rewards, but hopefully I can take it further than this.
On a monthly basis I will need to be adding slightly more than 2k CP, which is equivalent of 1 BETA pack or 2k CROP tokens. I'm sure I am able to do this, although with the increasing price of CROP tokens recently, I will not necessarily be buying extra CROP from the market, but rather do my best to earn more of it from in game activities.
250 HSBI Units
At the end of 2023 I had a total of 120 HSBI units, which I accumulated mainly due to 3 factors:
@freecompliments community rewards their members in HSBI for posting, threading and membership;
I’m sponsoring lucky number 27 in Ecency Leaderboad every week with 1 Unit;
I’m sponsoring HPUD’s lucky numbers 7 and 27 also with 1 HSBI unit each month.
Occasionally I give away some HBSI units on my main @fantagira account, using CODE BLUE. Keep an eye on that if you fancy some free HSBI Units from me.
I love HSBI and it’s a perfect gift that keeps giving to the giver and the receiver 😍 In 2024 I am planning to more than double my HSBI Units by following my own steps from year 2023. Sponsoring the lucky numbers will add 76 Units alone :)
To end this post, let's look at the final (not so great) figures from my first 3 not so active weeks on hive.
In week 3 I added mere 22 HP in total and no HBD at all. The later was a conscious decision. Seeing the price of hive dropping I decided to spend my liquid HBD on more hive rather than add it to savings. If needs be I can always sell that Hive back when prices increases again and keep the extra to add to my HP.
On a bright note - my LP goal for this month was achieved soon after LPUD and the same for HBSI and CROP POWER goals. My EDS goal reached the weekly required average due to extra EDS from miners. I didn't stake any new ALIVE tokens, but will catch up for this next week.
The table above shows the total growth in the first 3 weeks. Some goals in green, some in red, but considering how little effort I put into growing my hive assets in January, it really isn't all that bad and I'm hoping to still be able to catch up with them all in the next couple months and beyond.
Interesting evaluation of my hive assets completed on the 1st of January which near enough marked my first full year on Hive revealed that my both accounts were worth around 3975 Hive or $1510 ($0.383/hive on that date).
These included:
- 1852 HP = $702 (main account),
- 557 HP = $211 (alt account),
- 644 Hive = $244 (dCrops assets),
- 789 Hive = $302 (hive-engine tokens),
- 130 Hive = $50 savings.
On November 1st 2024 I will attempt to summarise my hive assets in the same way and I am hoping to double near enough 4k Hive result to 8k Hive total hive assets. Although if hive price increases significantly I might need to look at the $ value instead ($3200 vs $1510).
365 days GBP savings
My 365 days goal in my local currency was a great way to fund my end of year trip to Poland. I will continue saving in my local currency this year too.
My crystals did a great job of guarding those savings from myself throughout the year 2023! I will use them for the same purpose in 2024.
Have a great week of saving a living your life 💙
My previous savings/goals articles:
Saturday Savers summary of 2023
Until next time 💙
Banner design by @raj808
Saturday Savers Club brought to you by @eddie-earner @shanibeer
Shout out to my saving buddies: @tengolotodo.leo @coquicoin-leo @pinkchic @ifarmgirl-leo @lhes please feel free to tag me in your saving reports, so I can find them easier :)
All words and pictures are mine unless otherwise stated © 2024 fantagira
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