My Objectives and Key Results for 2024

Greetings, everyone!

Last week I wrote about my status on my objectives from 2023, and now it's time for me to share what I dream about 2024.

Some of my objectives for 2024 are a natural evolution from those of the last year, with updated targets, and only a few new ones.

This year, I further reduced the number of objectives, to focus on those that are the most important for me. Of course, I will monitor opportunities and adapt during the year, but one of the mistakes of the past was to focus on too many things.

Also, I'm making now a difference between objectives and key results. For those eager to explore more on these concepts, I recommend a wonderful book: Measure What Matters, by John Doerr:

We are already a week into the new year, and I included here the tracking of the first week:

Hive Power

Hive Power remains the core of everything we have here on Hive. Although I'm familiar with some discussions about removing the rewards from Layer 1 and moving them solely to Layer 2, I'm not convinced that we reached that level of maturity. Therefore, one of my first objectives for 2024 is to further increase my Hive Power by 7058. I have a complex plan behind this value, but I will share more details on this in a different article.

To give myself a strong message for the new year, I already started the month with a strong Hive Power Up Day. This will boost my year, and I'm convinced now that I will overachieve this first objective.

Leo Finance, INLEO, LEO token

Naturally, the second objective is linked to the Layer 2. The LEO community is impressive, and I love how everything develops in this ecosystem. And it's not only me having this opinion, but I noticed that a lot of the seniors that I know on Hive have a main focus on LEO. This will make it difficult for me to achieve my objective, and I will depend on the alt-tokens that will hopefully provide me with the liquidity needed to buy LEO from the market. The target is to grow with 150 LEO/month, which is also the current minimum value for the Leo Power Up Day.

Hive Based Dollar, HBD

This is a new objective for me, as I'm impressed with the stability of the HBD and the beautiful 20% APR for savings in HBD. I plan to add an average of 100 HBD/month to my savings and emergency fund. I already changed the default setting for my posts to the "50% HBD and 50% HP" model. Corroborated with my desire to create more quality content on the blockchain, I believe this is achievable.

Splinterlands and SPS token

This is another amazing community, and with Land, more utility is added to the SPS token. I did not take a stake in Land, but I decided to further increase my stake in SPS. I'm starting the year with 90000 staked SPS, and I plan to add another 10000 SPS to this. The expectation is that I should make more than this, but if the price goes above 0.1 HIVE/SPS, I plan to sell a bit of the extra earnings and finance my other goals.

Actifit

Actifit remains very special to me, and this is linked also to my off-chain objectives for 2024. I need to improve my physical condition, lose weight, and get more active. And Actifit is the right app to help me with this. Therefore, for this year I plan to significantly improve my ranking in the app. To do so, I will need to get more physically active, collect more AFIT tokens from my activity reports, invest in AFITX - the governance token for the app - and be more present within the community.

Rising Star

Last year Rising Star was for me the "overpressure valve", and I overachieved my targets. I plan to continue to improve my collection, and with this, my position in the rankings.

Curation Earnings

This was my weakest point in 2023 and a personal disappointment. At the same time, it was the perfect mirror for the way how I contributed to the blockchain. I'm starting the year very low, and I target to get almost four times better. Might look ambitious, but I know this is not true considering the Hive Power that I have staked into the account.

Liquidity Ratio

My strong belief is that liquidity is an underestimated power of any venture, be it on the chain, in business, or personal finance. Liquidity makes you open to opportunities and gives you flexibility. At the same time, liquid funds have little to no ROI, and there's a magic formula for how much is a healthy level. My target for my Crypto Portfolio is 10% in liquid funds - crypto on exchanges, liquidity pools, Hive Engine, or in savings (HBD). Last year I failed to reach this target, and this year I'm already starting with a negative value, as I decided to pick on some opportunities.

Closing words

The value of our portfolio is not something we can directly influence. Nevertheless, the performance of our investments is an important indicator of our success. I'm not very optimistic about the new year, as every day I witness the world going more and more crazy. Governments act stupidly, wars destabilize the economies, and personal lives are destroyed by dark forces. In these conditions, I dream of a 20% growth of my Crypto Portfolio. Anything above that, I plan to use for personal entertainment and charity.

And what's always important: I'm not a financial advisor. Do your research, and make your own decisions. I'm not sharing any responsibility for how my thoughts might be used by others.

Take care!

Posted Using InLeo Alpha