6 Months To The End Of The Year- Calm Before the Storm?
Thought it would be a good idea to add some more HIVE with a 1K Power up tonight. Many of us have been holding some liquid HIVE and just thought better at least put it to use through stake earnings than just liquid earning nothing. The HIVE pump and dumps have dried up for now and we cannot just keep waiting. I still have 4K HIVE liquid and will do another 1K power up next week if nothing has changed.
The year is flying by and I can hardly believe we are already in June which means we have 6 months before the year end and in that time we should see a massive Bull cycle. Nothing is ever guaranteed, but the cycles have played ball thus far and I am thinking no different this time around.
I know may were saying that they do not see it being anything special so we shall have to wait and see and hopefully prove those people wrong. I am optimistically cautious as no one never wants to get your hopes dashed, but I do think the smart way is to carry on accumulating as quickly as possible like we always do and have some patience.
Tonight I just farmed and staked another 293 COTI and this is slowly heading towards my target of 200K COTI staked. I will double check tomorrow how much the weekly COTI airdrop is and try and do a rough calculation of how many COTI tokens will needed to be added over and above the rewards and airdrop.
I am in a holding pattern right now waiting for the exchanges to list or swap COTI for COTI V2. I have a little over 1K COTI sitting in HTX and will be hoping this is fixed soon as one cannot withdraw currently until the swap happens. Time is of the essence right now as I would like to put this 4 year project to bed and move on to my next staking project. I would like to end up smashing the 200K target and not just hitting it.
The 4 year cycle is all about growth and you have to see it through to the end making sure you capitalize on as many opportunities as you can. The prices are still extremely low on the majority of the crypto projects and we need to grab as much as possible before the prices start to rise.
The hope is right now is that the market moves sideways for another month or two allow for more accumulation to take place. This you can never bank on because no one knows as crypto is it's own boss and very unpredictable.
HIVE is easy as I have no targets in place and the same story is to grow as quickly as possible whilst HIVE is still low. We all know a higher HIVE price means less rewards being earned on your posts and we must be thankful HIVE is still this low.
This is the time to change gears and just keep on stacking wherever possible because this could make the big difference when the markets do turn green.
Posted Using INLEO
1000 Hive Power Up is nice, you could have gotten the maximum Hive Buzz Batch and a special mention for that kind of power up on the Hive Power Up day a few days ago, but of course this kind of power up is great for any day and the real benefits are the increased curation rewards for you and that 3% HP growth...
Just had a discussion with my wife yesterday about Hive and SPS and she is saying both are dead and not to invest in Splinterlands or Hive any more liquid $, but I want to do a DCA into both at a rate of a few hundred bucks every month... She is telling me to get into newer coins that are on major exchanges like Coinbase instead. What are your thoughts on this?
I can understand your wives view on this but HIVE is very different from the other crypto. I can see HIVE being a solid investment within a few years. You have to realise the majority of crypto offers no use cases and HIVE and some old coins will shock people. VET and VTHO is a prime example. I bet if you asked your wife about those she will say they are dead and it would be a good test to see her answer.
I never invested in HIVE besides time and the stake is all earned from 0 and you cannot do that anywhere else in crypto.
That is very true above Hive that you cannot do it anywhere else. I did toss a hundred bucks or so at HIVE in the past and that is why my KE is under 1. And if I were to ask myself, would I toss a couple hundred bucks at Hive every month if I truly believe in it? The answer would be yes once I close on my home sale and free up a good chuck of my salary that is currently being eaten up by the house.
She is not against me posting on Hive, curating or running Hive Witness, she is just saying to put new $ into newer coins... I never even heard of VeThor, but I can ask her about VET to see what she thinks. :) VeChain is on Coinbase at least...
Yes it is and the only reason why HIVE is not on coinbase is we cannot register as we are decentralised and have no CEO. I am sure it will happen at some point and HIVE is going to do very well. I mentioned VET because 99% of the people think it is dead yet if anyone has done research they will know it will be one of the biggest cryptos in the next cycle as they are running the CBAM for Europe on VeChain from 1st January next year. They do not advertise this as they don't need to do any marketing. New coins are ok but they also need to prove they have value. COTI is an example being around for 8 years and has added privacy encryption and is the one crypto that is helping adoption take place more than all the others. Most of crypto needs each other and there is room for all who have genuine cross over use cases. Most crypto projects will disappear when proven they have nothing.
The bridge worked pretty solid for me. I moved something like 20k tokens over. I also powered up a good deal of HIVE the other day. I'm still sitting on a bunch liquid just in case. Kills me that it really isn't doing anything, but I want to be ready...
There is still a great deal I do not know about the crypto space, but I wonder how do you learn about opportunities like COTI, where you can farm and stake?