I have been seeing BTC falling off the past few days and with that is the altcoins. What is interesting is that DEC and SPS is holding up very well considering the conversion rate back to Hive.
SPS is at a new high against Hive for the year while DEC is near yearly highs. The swap to Hive seems to be too appealing and I quickly swap out of my staked DEC to more Hive pushing myself over 38k HP staked. The plan was to grow my SPS to 250k but as of now it appears Splinterlands assets are rising in this bear market. I am tempted to swap into Hive assets.
My own card collection has also risen in the past few days, but hard to tell if I can earn more through rentals. With the swap out of DEC to Hive I am producing less but hope to rebuild liquidity in DEC.
Why I am swapping into Hive is for now due to supply. There is less than 520 million Hive in total based on coinmarketcap. With DEC going unlimited it is easy to understand when DEC price is rising against Hive that it would be a good swap. Whether this is holds true in the future will be the risk I am making. I am trying to also diversify in lieu of holding majority of my assets in Splinterlands, but I still want to hit 250k SPS staked for 2026.
The crypto bear market seems to continue and I am not sure when this will end but will continue to accumulate as I go. This would mean I try to post daily while document my plans on what to build in Splinterlands and on Hive. As of now I am looking at alternatives within Hive to invest can grow Hive passively. Bigger plan is to swap liquid Hives into Splinterlands but for now in bear market Hive is cheaper. Note this is not financial advice.
Until next time thanks for reading!!!
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I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:
