HIVE Power Up Day - June 1st 2022 : My 6th POWERUP! βš‘πŸ”‹βš‘πŸ”‹βš‘πŸ”‹ We're in a Bear market, but this is the best time to accumulate! 🐻🐻🐻

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HELLO June 2022!

Another month in this year has gone by in a flash! I've only joined HIVE for about 7 months and I'm still learning so many new things everyday! I first heard of Hive Power Up Day 6 months ago and all its other acronyms (PUD, PUM, PUH πŸ˜‚ what a mouthful) and I'm into my 6th month of participation in HPUD now!



Ever since I started with the HPUM initiative in 2022, I've managed to faithfully make one blog post everyday and have somehow missed ONLY the Hive Power Up Month award for March (might have forgot to set some posts to 100% Hive Power πŸ˜±πŸ˜­πŸ’”). I've managed to make it successfully for all the following months since then! πŸ₯³πŸ’―

That makes it 5 out of 6 months since I discovered and started on my quest of HPUM-ing this year 😜.

I still intend to continue on with this really good habit anyway πŸ‘πŸ»πŸ‘πŸ»πŸ‘πŸ» so lets hope I make it again for the month of June 😁.

Blogging regularly and having the HPUM to incentivize me has other tangible benefits too! I've seen my Hive Power grow quite a fair bit. This seems like a good practice which I intend to continue keeping up with!

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🏁How it All Started🏁

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I came onto the Hive blockchain trying to set up an account for SPLINTERLANDS. Prior to this, I had just about ZERO knowledge and experience with any Blockchain. It was pretty confusing to me as a complete novice - much different from how the usual process of setting up an account to play any game goes. 😡

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This led to me googling around, and of course, I stumbled onto all the Hive blogs with their guides. One thing lead to another and I somehow stumbled upon the guys from πŸ•Hive.PizzaπŸ• who were extremely helpful in answering all my queries and guiding me along. Shoutout to all PIZZA members. JOIN THEIR DISCORD if you need any help!

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⚑️HIVE POWER UP⚑️

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In my VERY FIRST month before before I ever heard about Hive Power Up Day/Month, I was at just 47HP 😭 (Before Jan 1st 2022).

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This month, before I've even powered up anything at all, I'm already at 913HP! πŸŽ‰πŸŽ‰πŸŽ‰
That's how much the past few months of consistent blogging on HIVE with 100% allocated to Hive Power improved my HIVE account! (unfortunately, HIVE still hasn't recovered from it's ALL TIME HIGH of more than $3 πŸ˜…)

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And NOW... AND its POWERUP time! ⚑️πŸ’ͺ (1st June 2022)

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Once again, I only have enough HIVE set aside for a 10HP powerup, but I'm sure with my continued efforts to blog with 100% powered up to HIVE, I will be able to grow my Hive Power even more!

On a side note, I've also decided to save some of my HBD, which I've earned during the month through posts, by putting it into Hive Savings. I find this to be extremely lucrative especially after the witnesses voted to change it to 20% APR! πŸ€‘


Using https://hivestats.io/ , I was able to pull out a chart showing my daily account growth for the past month too. Great to see that orange graph head upwards continually πŸ“ˆπŸ˜„! If only my stocks portfolio and the price of HIVE looked like that too πŸ˜‚πŸ€‘.

As you can see, blogging on HIVE is the main reason for this growth, with the majority of my author rewards being channeled into my Hive Power AND with no power downs at all. (All thanks to my attempt to chase for the Hive Power Up Month badge 😜) The growing Hive Power accumulated also has the other effect of increasing my Curation Rewards. πŸ€‘πŸ€‘πŸ€‘

Therefore, to anyone who is doubtful about the benefits of regular blogging and remaining invested in HIVE, I implore you to take a look at my stats and draw your own conclusions. πŸ˜ŠπŸ“ˆπŸ‘πŸ»

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πŸ“ˆπŸ’ŽπŸ™ŒMy Long-Term PlanπŸ“ˆπŸ’ŽπŸ™Œ

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Now clearly, I wouldn't just spend such an amount on just being able to write and reply in a community. HIVE as a token also has significant value and growth potential.

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This is the price chart for HIVE since it's inception. As all the HIVE regulars know, HIVE reached its ALL TIME HIGH earlier on in November 2021 at about $3.

However, we're now in a Crypto Winter which was exacerbated by the Black Swan event of Terra-Luna's spectacular collapse. Starting on May 7th, TWO top 10 tokens (UST and LUNA) which had a combined market cap of USD60 billion were reduced into mere pennies within a span of a few days!!! πŸ’ΈπŸ’ΈπŸ’ΈπŸ“‰πŸ“‰πŸ“‰

The entire market wasn't spared and the overall sentiment is still very much below what it was last month. This combined with the Fed's decision to raise interest rates has led to a very bearish market.

HIVE likewise even dropped to about 37+ cents in the past month, but has remained somewhat stable at around 50 cents now. This is still quite a significant increase from the start of last year and those who were holding on to HIVE tokens from even earlier on should have seen a significant returns on their holdings.

I've personally been swapping what liquid HIVE/HBD I have back and forth depending on the exchange rates and managed to increase my overall holdings somewhat. I still feel that HIVE has great value and it has held out rather well all things considered, especially when compared to lots of other coins. Personally, I'm even somewhat happy that I've been "given another chance" to accumulate more HIVE when the prices are this low! πŸ€‘πŸ€‘πŸ€‘

I can see the potential in HIVE and am bullish on its future prospects. As they say, diamond hands and HODL πŸ’ŽπŸ™Œ, I too intend to just hold onto my HIVE tokens and since I've no intention of cashing out anytime soon, what better way than to participate in HPUD and locking it all in.

Keeping my HIVE powered up as Hive Power also earns about 3% interest and gives me increased returns on my curation. From what I've seen, curation APR ranges anywhere from 4-12% depending on how efficient I am at curating. This sounds low especially in the crypto world, but it is still far superior to any bank interest rates. πŸ’°πŸ’°πŸ’°

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πŸ’ŽπŸ™ŒπŸŽ‰πŸ₯³πŸŽŠWAGMIπŸ’ŽπŸ™ŒπŸŽ‰πŸ₯³πŸŽŠ

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I hope to continue to powerup monthly in this community event whilst also growing my Hive stake. It would be most interesting indeed to chart my monthly progress this way too.

Before I sign off, I would like to thank @thebeardflex @hivetrending and the rest of the guys at the PIZZA DISCORD (join this great community, plenty of events and airdrops and friendly people willing to help!), @traciyork for helping me with lots of questions earlier on about Hive PUD/PUM and also for delegating a big chunk of HP to help in my early blogging days (and also another member of PIZZA!), @namelessnameless , @relf87 & @koodies for all helping me in one way or another in learning about crypto in general. πŸŽ‰πŸ₯³πŸŽŠ

I'll see you all again during the next Power Up Day next month with another update! Till then, See you and WAGMI! πŸ’ŽπŸ™ŒπŸ»πŸ¦πŸ’ͺ🏻



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Congratulations @blitzzzz! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You have been a buzzy bee and published a post every day of the month.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Be ready for the 6th edition of the Hive Power Up Month!
Hive Power Up Day - June 1st 2022
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(Edited)

PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA!
@blitzzzz! The Hive.Pizza team manually curated this post.

PIZZA Holders sent $PIZZA tips in this post's comments:
@wittyzell(2/5) tipped @blitzzzz (x2)
blitzzzz tipped candnpg (x1)
blitzzzz tipped wittyzell (x1)
blitzzzz tipped vaynard86 (x1)
vaynard86 tipped blitzzzz (x1)
blitzzzz tipped jfang003 (x1)
blitzzzz tipped zekepickleman (x1)
blitzzzz tipped tengolotodo (x1)
namelessnameless tipped blitzzzz (x1)
blitzzzz tipped namelessnameless (x1)

Please vote for pizza.witness!

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!PIZZA for you, topped with !PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC - 15 SBT tokens to @blitzzzz

remaining commands 0

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-0.00000001 BTC (SWWAP.BTC)

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Thank you very much!
!PIZZA to you too! (my pgm is exhausted for the day 🀣 in a reply to you in another post)

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Congrats on the powerup again man!

Also congrats on stickling with it and having the discipline to post every day. I wish I had that habit but am trying!

#HPUD every month!

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(Edited)

Thanks for the encouragement 😊 It's been especially hard since I'm on vacation these 2 weeks.
Yes the irony, I know 🀣
Who knew going on a holiday would end up being more tiring than my usual day to day life!

!PIZZA

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Yah man vacations are awesome but they take us out of our regular routines, like posting on Hive. That's what they are supposed to do.

What I do is find a phone app like @ecency or @dbuzz and post shorter instances from vacation. Less of an article and more of an ad on the marketplace!

Then I take billions of pics and have posts to fill in slow days for weeks.

We will keep the lights on while you are gone no worries.

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Ah! Good idea with the pictures posting using dbuzz. I shall consider all that the next time round πŸ‘πŸ˜„

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Awesome to see that graph skyrocketing!
!PIZZA

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I wish I could make it skyrocket at a much steeper slope 🀣. But progress is progress, no matter how slow it is!
!PIZZA

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Excellent post. I admire all those like you who bravely take on the challenge of HPUDM, I congratulate you. Also 5 months ago I finally understood what the HPUD was, I have done it consecutively although today I thought about giving up hahaha. But in the end I managed to do the Power Up and the corresponding post. It is encouraging to read your record, you are doing excellently well @blitzzzz 😊.

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Thanks! I'm glad if any of my posts manage to encourage and convince anyone else out there too. That means a lot to me. I try to make it a habit, but some days are more tiring than others. So far so good though. 😊 Hopefully all our efforts at making regular posts/powerups pay off in the far future!

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If that happens to me too. or we have to faint hehe, so we set a good example and support and strengthen our power in the hive

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Awesome growth! You’re so near the 1k mark! Keep on going!

!PIZZA

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Thanks! It'll definitely get slower percentage wise, but slow and steady progress is the name of the game! πŸ˜„
!PIZZA

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Yeah that's fine! You're doing it consistently anyways!

!PIZZA

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Congratulations @blitzzzz! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day! This entitles you to a level 1 badge.
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out the last post from @hivebuzz:

Be ready for the 6th edition of the Hive Power Up Month!
Hive Power Up Day - June 1st 2022
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Snap was my sixth one too:)
Love all these stats and am going to bookmark for the morning when I can read properly when I am awake!

Posted Using LeoFinance Beta

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😊 Great to see another regular HPUD-er!
!PIZZA

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Yes it is fun and good to see familiar faces there:)

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Just keep being consistent and you can grow. I also came to Hive from Splinterlands so it was quite a hurdle to get used to blogging and commenting after I moved over. However, I do think it was worth it.

Posted Using LeoFinance Beta

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Thank you for your encouragement. I sometimes wonder how much bigger my account would have been had I chanced upon Splinterlands earlier too! But better late than never I guess 😊
!PIZZA

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