It's Saturday! That means it's time to post an update on how I'm doing getting to my Saturday Savers goals :) I didn't do one last week (naughty me !) but it was for good reason; I was up in Yorkshire visiting family and didn't have internet access for the weekend. So this will be more like a fortnightly update.
Image by Erik Karits from Pixabay
As always, I'll post my progress table below, before commenting on how each target is doing;
Hive Power
Today was HPUD, so some of the growth this week was me powering up 20 HIVE to HP. But with HIVE at 44p each, it's good value right now, so I'm happy buying it and growing my stack over and above pure author and curation rewards :)
Curation rewards just kind of plod along, which is fine. Author rewards feel like a bit of a slog right now, with most posts just picking up a dollar or two in upvotes. I'm accepting that it is what it is, and just focusing on posting enjoyable content and not getting too fussed about whether other people like what I post as long as I'm happy with it.
LEO
LEO is doing quite well for me right now. The last couple of weeks have been a little over the target needed for the week, which is ideal. Something I haven't worked out is whether staked LEO actually generates any earnings, or if the earnings (on top of the delegated HP) are purely author & curation rewards.
EDSMM
Nothing much to report here; I gained an additional EDSMM. So far, they've mined 2.76 EDS.
HBD
I won't be hitting the target at the rate I'm earning author rewards - 4.052 last week, so better than the previous couple of weeks but not close enough to the 7 or 8 HBD I need to earn each week. So I bought a few as well, to get the week's total up. Next week should have the monthly interest included, which will be a nice little boost.
Posts in Month
Despite all kinds of real world distractions, I was able to hit 21 posts in September, which is one over the 20 posts a month target I set myself. While none were really high earners, I reckon that (to quote Josef Stalin) “Quantity has a quality all its own” and by posting consistently I'll still earn more than posting occasionally and hoping to get lucky. But it's not just about earning crypto, it's also about posting because I enjoy it and want to.
Three Quarter Year Review
We're now three quarters of the way through the year. Also, I started doing Saturday Savers 12 weeks ago and there are 12 weeks left, so I'm halfway through my own personal progress. It's a good time to review how it's all going !
I think the first thing to recognise is that it's been a really useful tool to give me a push when I need it. Building habits is important, and something I'm not always great at (real life seems to be particularly chaotic right now....), and this helps.
When I first started SaturdaySavers, I think the goals I set myself were a bit too cautious. Part way through, I updated the HP goal and added HBD. In both cases, I think I was far too optimistic, which has made those targets hard to hit without actually spending some fiat to get to them.
Just buying the goals feels a bit like cheating, but I think it's more important to stick to the targets by whatever means works. With the recent increases in energy bills here in the UK fiat is going to get a bit tighter. However I'm still happy putting some of my spare cash into crypto because inflation and the value of Sterling relative to the dollar means that cash left in a legacy bank is losing value at around 20% per annum, and most other types of investment (stock market, gold etc) are useful as diversity but all seem to be falling just as fast as Sterling. Crypto still wins, and HIVE seems to me to be holding it's ground better than most other cryptos.
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Check out the last post from @hivebuzz:
That's the way buddy. Some of the work I'm most proud of got a buck or less. Great job hitting 21 posts this prior month, that's a stellar job! I lack both the time and the discipline to hit output like that, though I aspire to catch up to you one day.
It's a team effort - without your Worldbuilding prompts to inspire me, I'd have had a lot less posts to write ! The biggest frustration is seeing a prompt, having an idea that could fly, and then getting so bogged down in real life that I don't have time to write it.
I can completely relate to that haha.
Still making good progress. On the LEO front, I think you are correct - you only get curation/creation rewards in relation to staked LEO - however, I understand that that may be changing. Although there also accounts you can delegate your LEO Power to which will provide an income (@leo.curator, @meocurator and @india-leo), but it will reduce your curation rewards. Anyway best of luck with the last quarter !