It was a nice week once again and I'm glad I'm writing my weekly progress report. After a hectic week, last week was a little better. Even though I had to work on several tasks, I couldn't do much because I was sick for a few days. This weekend was also a busy one. I did miss many opportunities to do swing trades as well. I was going thinking of purchasing some Hive cheap and selling them for High when the price peaks again but I did not have the time to do it. Maybe I will do it soon.
46 cents is the current price of Hive at the time of writing this article. I personally think that it is still a good price to purchase Hive. Maybe when Hive pumps a little bit, I can sell it off for a 5 cents profit or even higher if the price is pumping further back to 60 cents or more which is likely to happen. If the price hits 1 dollar that's again an awesome thing and I might start feeling that I should have purchased Hive at 45 cents when I had the chance.
100k Hive power
Even though author rewards and curation rewards are the biggest sources of income for me, I still feel that I should do something more about increasing my Hive earnings. The reason is that I will not be able to complete my goal to reach 100k Hive power before the end of the year. Maybe I would reach somewhere around 75k Hive power but 100k can be challenging if I don't plan for any additional income. Let's see how it goes. I have already started powering up a huge amount of Hive every month but in addition to that I should also plan something more.
Compared to last week the author rewards and the curation rewards have been reduced by so much. I think the reason is because of the price fluctuations Hive had. In the last week, the price is pretty much stable and the value looks realistic. But the fact that the author's reward is not even 100$ per week is not giving me a good feeling. It used to be a minimum of 100$ per week. But yeah at least on average it is a minimum of 12$ per day from author rewards I think which is okay.
This is my next important goal. I have started pushing HBD religiously into my savings every week now. This is good I believe. Otherwise, I will not have the discipline to save the HBD I'm earning. Technically I should be able to save up to 400$ per month in savings if I continue to do this successfully. So far I'm able to do this because I have decent holdings with me. But once the holdings have been depleted it can be hard to push 100$ every week probably. But maybe I can do something less too.
I guess I might have received an interest in the last week. I'm able to see the value in savings increased. I have now pushed 100 HBD additionally to the savings. I'm also able to see that I have around 56 HBD more in the account which I can use for saving next week. If I keep going like this, I'm sure I should be able to complete my goal easily.
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
Vote @kanibot as a Hive Engine Witness