It's time for another quarterly stocktake of my blogging adventures on Hive. Cool thumbnail, isn't it? It's done by the talented @mightpossibly!
As a quick introduction, I made my first post on 29 Sep 2021 and it was an introductory post about my Splinterlands journey. Since then, it has been around 2 years and I have been actively posting and curating on Hive.
And I just want to say how grateful I am to be making friends within this community and receiving so much support, be it in the form of upvotes, comments, or even sharing of new knowledge.
So here's what I have been busy with over the past 3 months:
- Splinterlands: I have continued with my Splinterlands-related postings, including the weekly challenges, and free card as well as SPS delegations! Feel free to check them out under my posts if you are in need of card and SPS delegations!
- Weekend Experiences: This was something new I discovered in Q2 2022 during my random browsing of the Hive posts, and has now become one of my weekend posts. I really enjoyed challenging myself to come up with something interesting to share for the weekly prompts and I enjoyed reading other sharings within the community to. Finally, the curation committee are very generous with all the rewards when they see writers putting in effort to write a good post!
- Freewriters: I have been diligently writing ZapFic entries for the Monday editions and I was extremely glad to be recognised as the winners/runners-up in a few of my entries.
- Self Improvement: I have also been documenting my journey of "Walking To A Better 2023" where I set out to achieve my goal of clocking of 8,000 steps per day for 2023.
- Leofinance: I also wrote a couple of posts on the delegation of HP during periods of inactivity to earn passive returns.
- HoloZing: This quarter also saw the introduction of one of the upcoming games on Hive, called HoloZing. I have written a few posts on this, and if time permits, I would try to write more about it! Hehe!
Here's my top 3 posts for this quarter. Interestingly, they are all about Splinterlands-related, especially the one about buying 30k SPS. Thanks again to everyone who has showed your support by upvoting my posts.
Now onto the financial aspects of my blogging experience, here's what I have accumulated so far as of 3 Jan 2024 (at time of writing).
Hive Wallet
| Period | HP | Hive Price | HP (USD) | HBD | HBD Price | HBD (USD) | Total (USD) |
|---|---|---|---|---|---|---|---|
| 2021 Q4 | 113 | 1.400 | 158 | 105 | 0.988 | 104 | 262 |
| 2022 Q1 | 254 | 0.979 | 249 | 184 | 0.992 | 183 | 432 |
| 2022 Q2 | 532 | 0.446 | 237 | 317 | 0.972 | 308 | 545 |
| 2022 Q3 | 973 | 0.491 | 478 | 508 | 0.981 | 498 | 976 |
| 2022 Q4 | 1394 | 0.259 | 361 | 657 | 0.991 | 651 | 1012 |
| 2023 Q1 | 1942 | 0.414 | 804 | 835 | 0.985 | 822 | 1626 |
| 2023 Q2 | 2448 | 0.332 | 813 | 977 | 0.983 | 960 | 1773 |
| 2023 Q3 | 2857 | 0.297 | 848 | 1073 | 0.991 | 1063 | 1911 |
| 2023 Q4 | 3369 | 0.341 | 1149 | 1204 | 0.996 | 1199 | 2348 |
I haven't been as active as I would like to be for this quarter because I was on vacation for the last part of December. Also, I felt that I didn't get as many votes as compared to previous quarters - maybe it's bad luck, maybe it's because there are lesser people on Hive these days. But that's okay - I don't really chase votes. Hahaha.
But when I was tabulating for this update, I was surprised to see a decent growth for my HP! Compared to the previous quarter, I have accumulated 512 more HP and 131 more HBD in my Hive Wallet. This is quite a record!!!
As expected, the accumulation of HBD has slowed due to the "Coffee Fund" (see below). Apart from the rewards from postings, I have also traded/converted some Layer 2 tokens into Hive this quarter and this contributed an additional 59 Hive, which was a record!
All in all, my Hive Wallet has grown from USD 1,911 in the last quarter to USD 2,348 currently. It is really heartening to see that my account has continued to grow (or sometimes, I call it "snowball"), thanks to passive returns, be it from delegation of HP, delegation of RC, or just the 3% APR for Hive and 20% APR for HBD. There's so many ways to accumulate apart from writing and curating!
P.S. For those who are very sharp, you would notice the HBD values don't tally with my Hive Wallet. That's because I had taken out 600 HBD to purchase SPS because I am bullish on SPS compared to the 20% APR for HBD recently. Let's see how this pans out.
Coffee Fund
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
| 2022 | - | 2 | 25 | 33 | 60 |
| 2023 | 41 | 48 | 53 | 60 | 202 |
| Total | 262 |
Last year, I decided to formalise this process as my personal funding for my Coffee Fund! As to why it's called the Coffee Fund, it's because I am going to use the money to buy myself coffee while I write my posts or think of writing ideas at the cafe. Hehe!
For background:
The topic of profit-taking has been in my mind to reward myself and I have been spending some thought on how to do it in a sustainable way, as I still want to be heavily involved in the Hive community. So after exploring various options, I have decided to withdraw only my HBD interest as "profits" on a quarterly basis. Since HBD is going at 20% APR, it would be around 5% of my HBD each quarter.
For this quarter, it worked out to be 60 HBD. That brings the total for 2023 to 202 HBD! Seems like this system is working fine, with a good balance of sustainability and reward.
Hive Engine Wallet
*only included tokens with substantial values, i.e. top 5 tokens
| Token | Amount | USD | Description |
|---|---|---|---|
| WORKERBEE | 50 | 33 | Investment (Funded with 32.55 HBD in 2022 and 2023) |
| BEE | 163 | 21 | Curation under Hive Engine and Staking of WORKERBEE |
| LENM | 12 | 20 | Investment (Funded with 45 HBD in Q1 2022) |
| ALIVE | 468 | 4 | Curation under Alive and Aliveandthriving |
| PIZZA | 407 | 3 | From !Pizza Tips |
| Total | 81 |
Have included a column this time to provide a description of the tokens so that it helps me keep track of my involvement in various projects.
Like I have mentioned before, unlike Hive and HBD, tribe tokens in the Hive Engine Wallet are more susceptible to massive price swings and have poorer liquidity, so these USD values are just for reference (i.e. likely lesser if I would to divest all at one go). This is also why I have separated the totals between the Hive Wallet and Hive Engine Wallet.
As mentioned above, I have continued to divest some Layer 2 tokens, and convert them to Hive. There are two main reasons to this. The first reason is because I realise most of the Hive Engine are seeing a decline in value (in terms of Hive). The second reason is converting to Hive not only helps to preserve some value (from the price decline), it also boosts my vote power and allows me to vote on good posts regardless of the tribe tags.
That said, I have also been accumulating some tokens which I think have the potential to do well too! For this quarter, I have added 10 more WORKERBEE tokens.
So that's I have!
As always, thanks for reading and have a pleasant day ahead! See you in the 2024 Q1 update!
Well done!
!PIZZA
!LUV
!LOLZ
relf87, houhou sent you LUV. 🙂 (1/5) tools | trade | connect | daily
Made with LUV by crrdlx.
lolztoken.com
It's just something I can see myself doing.
Credit: reddit
@relf87, I sent you an $LOLZ on behalf of houhou
(3/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP
Thanks!
Way to go bro. Big increases!
!PIZZA
!LOLZ
!ALIVE
@relf87! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ vaynard86. (3/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
“Is the bar tender here?”
Credit: reddit
@relf87, I sent you an $LOLZ on behalf of vaynard86
(3/10)
ENTER @WIN.HIVE'S DAILY DRAW AND WIN HIVE!
THANKS!!!
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Made in Canva
!ALIVE
!LOLZ
This post is AWESOME!
It will therefore be highlighted in our daily Curated Collections posting for today.
The goal of this project is to "highlight Awesome Content, and growing the Hive ecosystem by rewarding it".
Source
Thanks for the encouragement! Appreciate the highlight! :)
You are welcome @relf87 Have a great day 🌹🐝
Made in Canva
lolztoken.com
They're just so immersive.
Credit: reddit
@relf87, I sent you an $LOLZ on behalf of thisisawesome
(3/10)
$PIZZA slices delivered:
@vaynard86(3/15) tipped @relf87
houhou tipped relf87