9000 Hive Power!!!
There are a lot of us out there in the Hive world that started off with 5 Hive and basically grew organically from there. In a lot of ways it is the hardest way to grow and really buying 1000 hive right at the beginning is a much better idea, as that first 1000 is by far and away the hardest to accumulate and it actually took me years, but back then my posting quality was not as good as today and I posted sporadically. These days I post every single day and that has paid off for me and paved the way from my continued growth here on Hive and I couldn't be happier.
It honestly doesn't feel like that long ago since I had under 1,000 Hive Power and having grown my account from scratch that first 1,000 was without a doubt the most difficult to accumulate. What has happened since then has been unbelievable. I committed to posting every day of the week, with the odd missed day here and there and because of that dedication and regular quality posting, I fairly quickly hit and passed other milestones, each one coming a little quicker than the last. 2,000 did take a while alright, but nothing in comparison to the first 1,000. Then, in early 2022 I passed 3,000, March to be exact. I wrote a post about that actually and 81 days later I hit another milestone, as I accelerated past 4,000 Hive Power, I think that was some time in May 2022, and 5,000 came around mid June 2022 I think, followed by 6,000 Hive Power on August 1st 2022. Somewhere along the way I lost the support of a brilliant and very kind whale, which slowed the progress a little, but I dusted myself down and on September 28th 2022 I passed through the 7,000 barrier. Another 53 days passed and on November 20th 2022 I hit another milestone of 8,000 HP.
Today on January 24th 2023 I will pass another barrier on my way to 10K Hive Power. 9,000 Hive Power!
I'd have reached this milestone earlier, however with the Hive price edging higher I've been putting a little bit of my HBD rewards into savings which return an impressive 20% APR.
20% APR and low risk
As I said above, I have some HBD cooking away making me a yield of 20% APR and I believe everyone should squirrel a little bit away as 20% is considerable and it's also handy to be able to liquidate in 3 days if the need arises.
I'm really excited now, as 10K HP finally comes into sight. There is just something about numbers and going from a 4 digit number of 9,999 to 10,000 will be magnificent and significant too. I firmly believe that a time will come when not many people will be able to get to reach 10,000 Hive Power. Given the potential of our eco system 10K HP could be very valuable in the next ten years as more and more people navigate the Web 3.0 and Crypto currency waters.
Once I hit my target of 10,000HP, I will start to increase my HBD holdings. Perhaps a good approach would be to bank half and convert half to Hive and then power it up on HPUD day. Do you guys bank some of your HBD and if so how much? I'd love to hear about it in the comments below.
Spreading The Word
I'm a talker. You may have guessed that from my posts! Every day blabbing on about this and that! So, it should not come as a surprise to learn that I've always been one to tell family and friends about Hive and Crypto in general and for a long time this was met with raised eyebrows and blank expressions, but lately people want to know more and the barriers to getting in are constantly lowering. The 20% APR mentioned above is a perfect example of how to attract people, not 124,678% APR for some Johnny Come lately Shitcoin or Token that is highly speculative.
Most investments are in some way speculative and pretty much all Crypto is speculative, but it is a matter of being cute and considered with just how speculative you want to be.
I hold other coins in Crypto and I often consider liquidating the lot and pumping it into Hive. I could more than double my Hive holdings overnight or invest in HBD and watch my investment grow by 20% each year.
Thanks to the Community
It goes without saying, but I'll say it anyway. Thanks a million to all of my friends on Hive for your kind support over the years. It's very much appreciated, and I look forward to growing with you all for 2023 and beyond.
This eco system of ours is built upon sharing, kindness and engagement and it is heartening to see so much genuine engagement and interaction across the various communities and groups.
In my opinion there is no other place online where people are so helpful and altruistic. Let's keep it that way and look out for each other and support each other.