Think Again....

bozz(83)

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Just when it looked like the mother coin (BTC) was going to climb back towards $100K, we find it falling back to the $80,000 mark earlier this week. If I were smarter, or more ambitious, I would be trading these swings and slowly building up my bags. Ideally, I'd create some kind of bot or AI agent that does it for me, but I guess that goes back to the whole being smarter thing. I expect it would take a lot of time, but if someone had $1000 or $500 to invest, it would be interesting to see how long it would take to build that into something a bit more substantial. It seems these swings happen at least once a week, sometimes twice, so I can't imagine it would be too hard to set some limit buys and sells.

Maybe one day...

In the meantime, I will just keep grinding away with my 9 to 5 (actually, 6:30 to 3:30), but you know what I mean. I've still got some monthly DCA buys happening, and I don't plan on removing those anytime soon. It's been a while since I looked, but I think I am currently buying a little bit of BTC, ETH, and USDC. It's peanuts to be honest, but if the price of BTC ever reaches $250K, it might actually be enough to cover some bills.

Splinterlands: Bots in Modern?

So I was playing the latest season of Splinterlands the other day with the new bracket system in modern and I came across some accounts that looked suspicious to me. I played something like three rounds in a row and I noticed that the accounts were playing the exact same cards in every battle. Then I noticed that all of the accounts had a SLBB prefix to their name. Definitely fishy!

I'll be the first to admit, I don't keep up with Splinterlands news so much anymore. It's not that the team doesn't do a good job of keeping people informed, it's just that after seeing my investment tank and the game go in so many different directions, I simply don't care as much anymore. That being said, I am sure they probably informed us about these bots, but I just missed it.

I jumped over to the Splinterlands Discord and asked a question and come to find out, the way I understand it, they are bots created by the game so that people can actually play matches, because otherwise there wouldn't be enough players to sustain the rounds or something like that?

Now, if bots are banned from modern, it seems to me like this is kind of a slap in the face by the team, but honestly, I'm probably just more upset that the bot was actually beating me. That's just how bad I am at this game...

Precious Metal Buys

I was talking to @mrsbozz the other day about how the price of silver has kind of hit a lower point now sitting around where it was last year around the holidays. We were talking about the annual buys I usually make for myself and my nephew/Godson for Christmas and she said "why don't you just buy them now?". Implying I should do it now versus waiting until closer to the holidays. My luck we could see a run on silver like we did last year.

So I jumped on APMEX and took a look at what they had. I ended up buying a couple of the new Route 66 goldbacks (one for me and one for him), they are pretty sweet looking if you haven't seen them yet. As soon as I get one in my hand I will definitely be sharing it here.

I also picked up four one ounce pieces off the secondary market. I don't know what I am going to get, but the price above spot was too good to resist, and buying from a trusted secondary source is like getting one of those mystery boxes. You never know what you are going to get, it might be something really unique, or something pretty run of the mill.

Most likely I will end up with some generic Silvertown pieces or something like that, but honestly, who cares, silver is silver!

TradFi

It's the time of year when I take a closer look at my traditional investment portfolio. The company that many of my funds are through just released the preliminary number for capital gains and year end dividend distributions. I have to say so far the numbers are looking really good. The majority of my investments look like they are going to be returning 7% to 12% profits in capital gains and 80% to 100% dividends. That's not too shabby. I'm starting to get to the point where the compounding interest is becoming more obvious. It's still not to the point I would like it to be, but I know it is a slow process.

I saw a story on the news the other day where a guy was talking about compounding interest and he called it the 8th wonder of the world and he probably isn't wrong in many respects. Of course, these are just preliminary numbers, so I will definitely be taking a closer look come the end of the year when the money actually rolls back into my account.