The Myth of Buying the Bottom .:. #MyHiveGoals 2022

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The Myth of Buying the Bottom .:. #MyHiveGoals 2022
I was reading today a post by @gadrian, where he was writing about his [Hive goals](https://peakd.com/hive-167922/@gadrian/decisions-decisions-my-hive-goals-week-36-2022) and he mentioned an interesting thing inside it... These were his words:

> Then the market made a local bottom near 50 cents per HIVE this week.
Had I been more inspired, I would have bought more HIVE at those levels. But nope, I wasn't. Only a little bit more...

Just to clarify, he isn't an exception in this case... How many times did you plan to "buy the bottom" and didn't do it as you were constantly moving your "buy price"? I did it a lot of times... I'm doing it almost on a weekly basis... Even now when I KNOW that I shouldn't do it like that!

Just a few days ago, I told myself that I will exchange part of my ETH for BTC if the price goes over 0.08... ETH hit that price, but I moved it to 0.082... Luckily the second target hit also, so I did the exchange, but it happened a LOT OF TIMES that it didn't happen... 

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![Buying the Bottom(1).jpg](https://files.peakd.com/file/peakd-hive/ph1102/23tSUXMyYxz4kRf1kJ2Jfzbg5qe5p9WvBx4YkQR6CrUD9s9Jfz7HfRnCr86vPiLakLJwF.jpg)
*Created in Canva.com*</center>

Buying a bottom is a dream... Or better said, it's an "unreal dream" or a fairy tale... You can do it, but the chances are very, very low that you buy the exact bottom... So, what can we do? We can create targets... Where we are comfortable "get in", where would we like to buy... And then, STICK to those targets... 

You can go ALL IN if that's your thing, but I like to do "percentage buy orders"... For example, I would be comfortable buying HIVE at $0.50 and lower... I would create a couple of orders with different % of my investment resources... One order at $0.50, another at $0.45, another at $0.40, etc... Kind of DCA-ing (Dollar Cost Averaging) but just in one direction...

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Let's get back to the #MyHiveGoals and numbers for the last week... My "buying the dip" HIVE price has passed a couple of months ago, so I will wait patiently for the next one... :) Luckily, I did buy a nice chunk of HIVE close to the bottom and I'm happy with my purchase... It would be nice if I bought more, but it didn't hit my next target... ;)

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![MyHiveGoals00.png](https://files.peakd.com/file/peakd-hive/ph1102/23swkEwr48fpLTQmxpnJwA43rdrWRRpoMSTCNytPaQzyiK4DzeJftiMQdscyXaqk8FEs9.png)
*screenshot from hivestats.io*
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As the ORCA rank moved a bit higher than I expected, I switched gears and powered a bit more HIVE during the week... To be more exact, my **Hive Power** has grown by almost 400 HIVE more! Gotta catch the last wagon, if not, this goal will remain just a dream...

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It's nice to see that my monthly **LEO Power** goal is already reached and we are still in the first part of September! I got some nice author rewards and a higher stake in LEO tokens brings more curation rewards... Plus delegation to @leo.voter... All in all, the accumulation of **LEO Power** goes as planned, and I can even exchange some tokens until the end of the month, to build up my HivePower faster!

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Speaking of targets and buy orders, some of mine have been hit and filled... I bought a nice chunk of **WORKERBEE** tokens, so I could stake another 50 this week... The monthly goal isn't hit, but I need "only" 400 tokens more to reach my yearly goal... That's awesome!

I was talking about possible price changes of the **BEE** token, but it looks like neither of the two scenarios happened... The price stayed almost at the same level as a week ago, which isn't something that I expected... But, I don't complain... The best tokens are those that keep value and you are earning them... Who doesn't like that? ๐Ÿ˜ƒ My staked WORKERBEE tokens are mining BEE tokens, and I curate posts with staked BEE tokens... It is relatively slow growth, but it is a growth... 

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**GAMING GOALS** 

This week, I didn't blend any cards, so I had that "ordinary" grow of the accumulated **RISING STAR** cards... I have added 102 new NFTs to my collection during the last 7 days... Speaking of the game, I'm thrilled that I will meet developers and some of the community members next week at HiveFest!

The last goal on the list is the Splinterlands **SPS tokens** goal... I will not write about all the new things that will be launched in the next weeks/month as I would need another 5 posts to do that... I suppose that most of you already know about the new card editions, new games, etc... All that should bring additional use cases (and value) to the SPS token... I didn't decide yet if I will invest some of my tokens into the new stuff, but I lean toward keeping my staked tokens for some time... 

I am still unstaking some tokens and moving to the Diesel pools, but despite that, the number of staked SPS tokens still goes up... I will try to keep the number around 70K but will follow closely all new launches and the price action... 

Maybe there will be an opportunity to **SELL THE TOP**... ๐Ÿ˜ƒ

![pg divider203.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/pg%20divider2-03.png)

It's time to update the numbers and put them into the spreadsheet until the next week! So, freshly updated numbers for #MyHIVEGoals, on September 11th, 2022 are:

![MyHiveGoals01.png](https://files.peakd.com/file/peakd-hive/ph1102/EqUhFuS5vHAxiNmaXRZnNeTnetsRGG5qZ6tXdmaw9MYUEDxCjQwR6jRmWJZvueLqicq.png)

Join us in this awesome #MyHiveGoals and let's grow together! You can find the original post about the challenge by @robwillmann [here](https://peakd.com/myhivegoals/@robwillmann/new-challenge-myhivegoals-set-and-achieve-your-goals).

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Thank you for your time,

~ph~

![pg divider203.png](https://images.hive.blog/DQmZPr4hR3gSAiy5so6igJkAJP66K8gpN26kYYNeJZAruay/pg%20divider2-03.png)

The link to my initial 2022 Goals Edition is [here](https://leofinance.io/@ph1102/new-year-new-goals--myhivegoals-2022-edition)... 

These are my initial goals for 2022 created on January 2nd, 2022:

![InitialGoals2022.png](https://files.peakd.com/file/peakd-hive/ph1102/23wXQUou1yB7LGmjQ5VkWD12eyyFAn8cU3aKuLkBL54GyphU5QazT14KLCN9X4VodYEhj.png)

> **Update 06.02.2022.**
> BEE POWER 2500 --> 3500
> RISING STAR NFTs 5555 --> 6000
> **Update 04.09.2022.**
> HIVE POWER 54000 --> 55000 (ORCA rank minimum went up)

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**If you want to support my witness, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses, or just scan the QR code down below...**

[![Guardians_Of_TheHiveEngine.png](https://files.peakd.com/file/peakd-hive/ph1102/70T6tYwm-Guardians_Of_The-Hive-Engine.png)](https://tribaldex.com/witnesses)

Don't forget to **follow, reblog, and browse [my Hivepage](https://peakd.com/@ph1102)** to stay connected with all the great stuff!

**You can also find me on [LEO Finance](https://leofinance.io/@ph1102) .:. [Twitter](https://twitter.com/ph1103) .:. [LBRY](https://odysee.com/$/invite/@ph1102:5)**

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