Quite a day in crypto today, Bitcoin is below 110K and Hive dove below eighteen cents. On Twitter aka X people are writing about quitting crypto all together.
I think that I have seen this before. It looks like now is actually a good time to buy some crypto. This is not an investment advice, but if I had some extra money to invest in the market I would have definitely picked up some.
Since I don't have any spare cash at this time, I will just sit tight and keep on stacking Hive and Splinterlands SPS tokens. My Hive power is now over 18K and my staked SPS is closing in on 600k.
Long term the direction of Bitcoin and ETH is up as inflation is not going anywhere. Federal Reserve started cutting rates and eventually this will lead to economic recovery in United States.
Cathy Woods who is the CEO of Arc Invest has been saying for a while that United States has been going through a rolling recession for a while.
She actually claims that the tax cuts that are going in effect in 2026 combined with Artificial Intelligence driven productivity gains combined with Federal Reserve rate cuts will result in a new economic growth cycle in United States.
Lower rates economic recovery and increased market liquidity all points towards continuing growth in high risk assets such as crypto.
I have a fairly small percentage of my investments in crypto, so I will be able to capture some appreciation if the altcoin market pumps, but it also means that I don't worry too much about these dips.
I am accumulating crypto for long term and thinking of it as a lottery ticket that at some point might pay off. Blogging on Hive is a great way to accumulate it and I have not seen any other place that allows you to accumulate crypto the way Hive does.
Splinterlands is a high risk and potentially high reward crypto gaming project. It also has a potential to take off during a bull market when crypto gaming narrative becomes hot again.
All in all I believe that there are a lot of opportunities in crypto today and I am betting on Bitcoin, Etherium, Aerodrome Finance, ONDO, NEAR, Hive and SPS.
And I was able to get over ten thousand steps today thanks to the trip to the supermarket and some house chores. Stacking steps the same way as I stack crypto coins: slow and steady.
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