Increasing HP stake

Putting in the daily effort

Image source: Dall-e for both images in this post.

Greetings Sloth Savers people!

Another busy week writing about the Great Little Dragons community and its efforts to get things ready. New liquidity pool. New reporting bots to tell me how much delegation rewards I'm getting. New way to Buy/Sell GLD tokens. Overall its been a productive week and I've been able to make some posts I'm proud of...even if not many people bothered looking.

Still so much to do though so much more to come :)

Hive Power

Growing slowly and steadily. Almost 60 more HP added to my stash and at over 40% towards my goal of 700HP. With the low price of HIVE and the power of HELIOS burns I'm getting closer and closer post by post and may actually reach my goal in just over month. As for delegating all my HP to @hiveabbyftp? Well, that is intentional. First: By delegating to the Great Little Dragons delegator I get a weekly distribution (roughly 8%) in GLS tokens. Second: I get upvotes from the @hiveabbyftp curation account. Third: the curator account purchases HELIOS tokens to bring in the @helios.delegator curation. Without those curation upvotes I would be barely moving on Hive. With them I'm making steady progress. Also I looked at all the different delegation returns that GLD community tracks and at 8% @hiveabbyftp is among the best so I'm pretty happy with that.

HELIOS

I spend a bunch of the GLD tokens to increase my HELIOS by over 200 coins towards my 1000 HELIOS goal. I set that goal with HELIOS at 0.17 but it is now at 1.5! That means it is almost 9x the price it was just a short time ago! Of course that makes my goal of 1000 HELIOS kind of unrealistic but I'll keep working towards it.

I do know that @tergan, @terganftp, and @hiveabbyftp are all actively working at increasing their stake in the coin so they can call the helios.voter to upvote community posts. Great for me and great for the community. Also looking at the HELIOS token I don't expect the 1.5 price to last. 1.7 or even 2.0 are quite likely before my next slothysavers post :)

I'll keep trying for 1000 HELIOS tokens.... but if I get enough HELIOS to sell for 1000 HIVE? I'll consider that a win as well. It will be interesting to see how high the HELIOS tokens soars.

GLD Held

Most of my GLD was sold off. Originally it was doing to be sold for additional off chain investments. However, with the HELIOS price going up considerably and with legs to keep on going higher? I decided to go with what I expect to be the higher yield.

EDSI tokens

I really want to buy EDSI tokens and honestly I could probably pick up 50 tokens fairly quickly. I might do that in the upcoming week or I might just buy more HELIOS before it burns through the current 1.5 sell wall an starts moving on its 1.7 price.

Will have to see what the other users do and how many bots keep supporting the current price.

I still have a long way to go

Still, it is a slow grind on HIVE. Posting every day takes a lot of time. Making sure everything hits minimum standards so I'm not posting crap is a lot of work.

Sometimes I wonder is it really worth it with HIVE at such a low valuation. Still in the long term I still believe that the slow and steady wins the race is realistic on Hive so I keep on plodding along.

And that's how I'm progressing the Slothy way. Thanks for reading.