Awaiting for the Next Crypto Event......

The crypto market has been showing some outstanding move for the last couple of days. Numerous good news have been lurking regarding the adoption of crypto by various venture capitalist. Which is showing positive sentiments for retail investors. Thus the BTC dominance have strike above 50% in the crypto market. We probably would see this flow for the next few days. Unless, something like SEC drops a new bomb upon us!


The price action of BTC have pumped the move of altcoins along the way. We are observing some nice pump of some altcoins. BCH has risen a significant amount in price over the last couple of days. LTC has not been left behind with a surge of massive percentage. There are coins which are performing magnificently due to this pump. Which arises the big question, are we expecting a bull run ahead?


If I am being honest, we are probably far away from seeing a bull run, like the past anytime soon. As there are speculations regarding the ETF proposals and majority of the crypto folks are expecting this might go as planned and they will get the approval from SEC but there's a bunch of people who on the other side of the table. Which makes it difficult to breakthrough the current scenario.

If things go buzzinga

I am still in doubt about the fact of bull run! Are we actually close to an actual bull run! As there are lots and lots of expectations to be met. Also, there are money which needs to flow into the market in order to see a potential growth in the market. Although, we are watching some significant amount of pump and dump happening in BTC and other altcoins. Which is moving the market quite heavily for the last couple of days. I am holding some altcoins and will keep them for long run. While I am currently staying away from all the hyped up coins and meme coins as we speak. While on the other hand, if things goes out of hand, I am getting prepared with liquid, just in case. As this sort of dumps could be real messy and if it happens anytime soon, few perfect opportunity will arise to make some gains out of it.

Greed and fear Index is at a deccent level, compared to the last few days!

My majority investments are based on HIVE Blockchain. I suppose many users of HIVE probably are knee deep in here, like me! I am into HIVE, Splinterlands quite a lot! I suppose let's grow together.

My portfolio currently consists :

• HIVE
• HBD
• USDT
• ETH
• SPS
• DEC
• LICENSE (Splinterlands)
• Chaos Legion (Splinterlands)

There are quite a lot of coins that I want to hold for long term. If I ever get the chance, I would add them in my portfolio!

Dark Energy Crystals

One of the token that I am holding in my portfolio and that even for a long term. As we are all aware, DEC is supposed to be at pegged value and there are multiple events, tries are being created to get it to reach its pegged value. Since the event of DEC burn in Splinterlands has come to an end, we are probably seeing a decline in price of DEC. I am wondering what would be the next step by Splinterlands to bring back DEC to its glory. I believe in the team, which is why I would be holding onto the DEC that I own. Lets see where we go!

SPS

If I am being honest, SPS is going through a tough time. In price, it has been seeing a decline for the last couple of weeks. Which is literally not good for the economy of the game and nor for the investor. There are multiple reasons for it! Utility for this token needs to be taken into consideration. Which is probably lacking atm. More use case of SPS will bring more reasons for its hodlers to hold onto the token. Things might turn real bad if or any whale takes a sudden U turn from SPS. Since, the game is not that big yet, a small price action could take a big hit for the token and the game itself. I really hope this does not happen. I may not be a big chunk holder of SPS, but I own my share of portfolio in SPS. Although, I am here for the long term, I wish to see my token rise like the other altcoins are performing atm.

We have come a long way! Getting our way into Hive blockchain and still performing great compared to other blockchain (ahm ahm Steaaaammmmm). Splinterlands has been sustaining a lot compared to other relative games over the years. Some has vanished in thin year, as we speak. But Splinterlands team will definitely find a way to figure it out. The recent burning event of DEC does shows the fact, that the players and investors are out in here for support, Let us know what we can do and we sure will be a part of it, if its for the game and its long term vision!

_{Image Source: CMC, DExscreener, Splinterlands, Thumbnail}

Best regards

Rehan

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