Crypto Accumulation Progress Report: May 2022

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Things picked up speed on the crypto accumulation front for me in May, and I made at least some progress across all my target tokens.

Hive

On the Hive blockchain, that was mainly thanks to two things:

  1. I upgraded to Enterprise on Listnerds.com and was able to earn a lot more LISTNERDS and CTP rewards almost every day throughout May.
  2. I was able to create a lot more content and engage with a lot more people on the Hive blockchain than in April, thanks to the #JustOneThing project that @russellstockley and I launched at the end of April.

I am especially pleased with the amount of content I created because I had a lot less free time in May than in April. The #JustOneThing project has really helped me to stay focussed and productive on the blogging front.

I made progress in accumulating Hive second tier tokens by selling off a portion of the CTP I earned on Listnerds whenever the price was buoyant. However, I was also careful to continue staking a portion of my CTP earnings most days to maintain momentum towards my goal of 50,000 CTP by the end of the year.

Bitcoin and FUN

As for Bitcoin and FUN tokens, I made good progress towards my 3 million satoshi target thanks in part to around $60 worth of satoshi that came into my Freebitco.in account from SFI as affiliate commissions at a time when Bitcoin had lost ground against the dollar.

I also accumulated a lot of Reward Points on Freebitco.in. Whenever I have a free day I convert them into FUN prizes and Satoshi prizes that you can earn when you hit the Roll button every hour. In that way I was also able to earn myself some more FUN tokens.

Listnerds Enterprise Upgrade: Worth The Investment?

As for LISTNERDS, I earned 5,232 tokens in May. The Enterprise upgrade for Listnerds.com costs $97 and right now there is a large “Buy” order for LISTNERDS on Hive-Engine at $1.50, so you might say the current “paper value” of my stake is $7,848.

(NOTE: This is NOT financial advice. Two factors to consider before jumping to conclusions are (1) it takes 10 weeks to unstake your LISTNERDS during which time they will not be earning daily dividends, and (2) prices and liquidity vary on Hive-Engine so there is no guarantee that you would get $1.50 for all or any of your LISTNERDS tokens once they are liquid.)

Anyway, here’s the latest state of play at the beginning of June 2022:

All the best, and good luck with your crypto accumulation goals in June!

David Hurley

#InspiredFocus

Crypto Asset1st January7th May1st June2022 TARGETS
HIVE7798649151,500
CTP37,27139,36439,70050,000
CTPSB194195198250
INDEX1,1001,1421,1901,500
ALIVE10061,5481,7965,000
LEN4762781000
LEO4665721,000
LISTNERDS111,2486,480200
POB1002172641,000
FreeBitcoin Satoshi1,520,2912,371,4682,594,3003,000,000
FUN51,10952,28652,446125,000
SPS150215300
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