Overall cryptocurrency market is showing some positive vibes amidst all the news of negative commotions. Today Bitcoin has broken the resistance of 30k and still showing some upward trend. It has made the market feel the rejoice once again. This month has been quite fascinating for crypto. Making some good moves and retaking the position of faith in this eco system once again for the hodlers!
BTC Halving is nearing as days are passing by! Making it one of the most anticipated event of the entire crypto industry. As seen from the past events this halving brings some immense potential of surge in prices of crypto coins. Even breaking the ATH has happened multiple times, which is no joke at all! Make no mistake this event could lead to a new creation of history for us all. Which is why getting prepared and making our position clear is a must for us all.
There are multiple areas where I want to focus on the next coming months. I have several plans regarding this upcoming events. Since I am focusing my full efforts on HIVE blockchain, I want to take the step to make things much smoother for me in the upcoming years. Which my fact, I mean some passive income generator which would help me focus on my other aspects of life.
From my POV (strictly it is not any sort of financial advice) having some of these tokens/coins can really be beneficial for long term HIVE users :
SPSMake no mistake, SPS will be the key coin for all the holders in this year and the years to come. Splinterlands is by far, one of the biggest and running play to earn game in the blockchain industry. So many games have just come and go during the buzz of this play to earn industry but Splinterlands craze is still out there amongst the investors and players across the game.
In the coming months new exchange listings are going to happen for SPS. This could lead to some potential exposure of the coin. Which will lead to more users, players and investors flocking into the game. We have seen what happens when a coin gets listed upon a reputed exchange. It helps in all the free marketing and helps the project get additional prospect.
As for the reputation of Splinterlands, where no frauds has happened over the course of its events, no hacking attempts have been successful till date and also the team is as dedicated as they were while starting the game. In short I want to obtain substantial chunk of SPS both staked and liquid in the coming days.
LANDSplinterlands lands is no doubt a phenomenon addition to the Splinterlands eco system. It is literally going to change a lot of aspects regarding this game. A simple calculation which can make you think how things are going to turn out for us. 150k plots which will be able to stake 5 cards each (under normal circumstances) that would lock up 750,000 k from the current circulation of cards.
With just that number a lot of things are going to change for us all gamers. There are certain opportunities which will be coming in the next few months. Lot of cards will run out of prints, since maxed cards can only be staked in the plots. Which will probably increase the value of maxed cards into the game. Also all the previous edition cards are going to have some extra benefits into the land phase. Another stream of revenue have been introduced for the game. Since there are tax's involved the team is going to get another cashflow for running the eco system and sustain it for a long period of time.
I was not able to participate in land presale and there are lots of other details which I want to wrap my heads around before I jump into it. At current market price where lands are up for grab. Some are being sold at approximately 60$ where some are also being sold at a staggering thousands of dollars.
Although, if I want to purchase from Hive-engine where lands are not surveyed, I would have to put up more than $150 dollars at current market price. Also some additional DEC and other perks are required to check up on my lands. Which is also not guaranteed that I would end up with a decent plot. So I would rather buy up from the market where the lands are already surveyed and up for grab and that even at much lower rate.
Not to forget, land has introduced another use case for DEC. As we will ne needing DEC staked in order to start the production in our lands. Which has lead to price surge of DEC and it is slowly advancing towards its pegged value. So my next target is to acquire some plots, DEC and some cards along the way.
While there are few other projects that I want to dip my toe in, for the upcoming bull run. Since, all of the above and my upcoming plans requires quite some funds, which is probably going to take a lot of time to make them come to reality. But like I said, there are going to be lots of opportunities coming in the next couple of months. Which is why lets make our best from our side and get prepared for the next bull run to arrive!
Image Sources: Splinterlands, peakmonsters and edited via Canva