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This post is not financial advice
Thanks to @josephsavage reccommendation of using uswap and taking advantage of the higher HSBIDAO selling price. I have made a lot of progress toward my HP goal. In fact I don't think I will need to sell any more HSBIDAO to reach the goal.
Current HP: 2020.7
Goal: 2250
This will be easily achieveable from here.
I made about 4 or 5% profit with these trades too. between the HSBIDAO price being up and the amount I earned using uswap it's about a 4-5% profit. I may be using uswap more often. I remember I tried using it a coupe years ago and it was a bit buggy. I had no issues this time.
I also increased my outgoing delegation to HSBI to 350 This will help replenish some of the HSBIDAO tokens I sold. I plan to increase that delegation as the HP on this account grows.
Once I hit the HP goal then I will switch to the HSBIDAO token goal. There is no specific number goal as that will change , but the goal is to have as many HSBIDAO tokens as there are PIXYDUST tokens in circulation. I am over halfway there as of right now. Though I will likely be minting some tokens between now and when i really start building the HSBIDAO tokens back up. I don't expect to mint more than a few hundred in that time frame.
Current HSBIDAO tokens held including LPs: 4322.8
Current PIXYDUST in circulation: 6025
It will take a bit to get there but that's not too far off. We'll see what the numbers look like after I hit the HP goal.
This is great progress . The HP goal should be met from post earnings and curation from here. If I need some extra HIVE I will likely sell some of the EDSI tokens I have on this account. I do that once in a while when it makes sense to.
I don't like selling HSBIDAO tokens even at a profit. Though I do take advantage of the arbitrage sometimes. I have a small buy order right now.
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STOPGreat progress, sloth and steady does it!
Perhaps you could add your journey to the #slothlysavers club and keep it posted there each week too! Next post is tomorrow (Thursday) and every Thursday thereafter! You can join any time, it's never to late to become a #slothlysaver!
I have thought about that but can't commit to every week. I am more a sporadic saver :) !UNI !PIXY
No need to commit to every week, simply set your goals and update as and when you can. Gives you a little more reason to save and hopefully gets you some more support from fellow savers!